sethnintendo said:
theprof00 said: They are Japanese. The Japanese are internationally known to low ball estimates and makes things appear graver than the reality is. How investors are acting poorly to all this makes me think they don't understand international differences in culture. I'm predicting their stock will shoot up around e3 and rise steadily through wiiu launch. |
A lot of companies do that though. Most companies under report their projected earnings so they can get a little bump when they outperform their under-projected earnings.
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I think he was mostly criticising the american investors than the Japanese way to do business. I think he understands the reason behind it.