Nikkei: Nintendo to Post ¥100 Billion ($1.3B, £821 mil) Loss In Financial Results Tomorrow

[zarx]

Seece said:

zarx said:

NotStan said:

Seece said:
So as of tomorrow, for the last 6 months, Nintendo may have made a loss of $1.6B in just 6 months? This is on the scale of the PS3 and 360 early years ...

Wii U R&D and 3DS costs to top it off? :s

 

Also it's probably worth keeping in mind Nintendo made $2.45 billion in profit last year so this isn't really that bad considering all the factors. Poor economy, 2 new platforms one of which is currently sold at a loss the other won't see revenue until late 2012, lack of big softwarelaunches  for existing plaforms and weak US$/strong Yen) Xmas should be strong tho with 3DS software hitting (3D land and Kart) and Zelda: SS.

$2.45B? no they didn't, last FY they made less than $1B

http://www.vgchartz.com/article/85780/nintendo-misses-wii-ds-hw-projections-amp-3ds-sw-projection/

I guess I shouldn't trust random news stories as sources lol, stupid games "journalism" always getting their facts wrong... Still the amount of profit they have pocketed over the last few years will cover the losses this year. They will still likely have a healthy surplus for new year as well. I mean it's not like they have gone out and actually spent much of their profits over the years. 

Most companies would have spent their profits on accusitions (MS's ~$8 billion Skype accuasition for example) but Nintendo seem to have just put it all in the bank so to speak. 

Also I should ponit out Q4 being strong doesn't mean I think they will profit from this year just that they will likely make a decent profit in Q4 it's self offseting some of the losses, Xmas has been very kind to Nintendo this generation and they will likely be losing less on each 3DS by then as well, with strong software to bring in revenue.