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

[Mr Khan]

kowenicki said:

NintendoPie said:

kowenicki said:

But that was probably based on nintendo estimations from their last financials.  Those estimations are off, the currency one is way off.

What threw them off?

They were unrealistic to begin with.  Ninty and Sony had a very very optinistic view on the yen/ero.  No idea where they go them from, not a financial person on the planet saw them as realistic and said so at the time.

Likely a signaling tactic on the part of Japanese industry as a whole: if they all forecast the yen as weakening, the Yen will weaken.