Nintendo Q1 - $221m loss on of revenue $1.08bn. Shipments: 1.86m 3DS, 710k Wii, 540k DS

[gumby_trucker]

kowenicki said:

Nintendo will publish its Q1 FY 2012 results (April 1st to June 30th) on July 25th, approximately 3pm JST.

 

Q1 Expectations?

Nintendo forecast a return to profit this full year (ending march 2013) to the tune of about $250m, so we can expect a loss this quarter again I think, as most of this profit will come in qtr3 and qtr4.

Nintendo cash reserves fell from $10bn to $5.9bn in the 12 months to March 2012, that needs to slow down dramatically.

Nintendo profit forecast will include their currency forecasts, which while better than Sony's are still off the mark: Yen/Dollar 80 (actual 78 to 79) and yen/Euro 105 (actual 95 and falling), so this will compound any losses this quarter by some margin.

Nintendo forecast full year shipments (to March 2013) of:

DS: 2.5m

3DS: 18.5m

Wii: 10.5m  (including WiiU)

 

So I'm not sure this is all going to look too good. 

I predict they will be missing their shipment targets 3DS and Wii and that they may review down their earnings forecast for the whole year.  All in all, I think this is a very, very tricky year for Nintendo.

 

What do you all think?

How much money is Nintendo losing on every 3DS exactly? this is crazy. I had no idea it was this bad.