Acevil said:
Train wreck said:
NYANKS said:
So can people predict the next results Nintendo posts? Predict the next 6 months please! |
Well first they will not make their 16M projection for the 3DS unless another price cut is in the cards
Second, if people actually read the press report that nintendo sent out, they are projecting a value of 78 Yen/Dollar for the next six months, the current rate is at teh mid 75's, they have a average of 109 Euro/Yen but its currently at 105, so more exchange related losses
Third, they north american business is deteriorating at a alamaring clip, they are being burnt by the X360 and PS3 as multiplat titles are going to those systems. They only shipped 520k units from april to sept.
Fourth still a relative weak holiday lineup for the Wii, they are trying to midigate software losses by bundling their top tier games with Wii and 3DS
Fifth, Vita release in Japan eating into 3DS sales
Sixth WiiU final form wont be shown until E3 2012, so you looking at three quarters of subpar performance from two declining systems and one in trouble
so on and so on
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Still, I think it is believed that they will profit in the next half (the following 6 month). Given the European markets can constantly get worse.
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Most companies who deal with consumer electronics have their best quarter from sept to dec and nintendo will be no different but the difference, to me at least, is that you dont want to have multiple headwinds and uncertainty going into your best quarter and that is what nintendo has. The competition of the videogame dollar is going to be tight this year and I see nintendo being one of the lesser beneficiaries.
