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Dodece said:

Thirdly projections aren't the same as expectations. Nintendo may have in fact expected to sell more units, but was conservative enough to project low end figures. Basically there is a lot of upside to playing it safe. It really decreases the likelihood of their product being seen as a failure.


While companies do fail to meet or surpass projections, for the most part they try to project sales as accurately as possible because many investors don't like companies that try to inflate their stock through manipulative projections. Essentially, claiming that Nintendo's projections are the same as their expectations is a fairly reasonable thing to do.