Reggie was misquoted when he said Wii U profitable after one game

[OceanJ]

Well, I know there are a few Nintendo investors on this forum as I've heard from several on other threads.

I still think Nintendo will turn in a profitable Q3:
- They've sold way to many 3DS's and 3DS games
- The Yen has weakened in their favor during the biggest sales period of the year
- With fairly strong Wii U sales by units sold and Wii U games at 5 million + for the quarter, this has begun to chip away at the manufacturing & sales expenses of the new console...even if it's not profitable yet, we'll see :(
- And you have to be happy with the Wii software sales for Q3...Just Dance 4, etc...they've already surpassed sales projections for the year for Wii game sales
- Same goes for the DS line of products

I just can't see any scenario where Q3 doesn't turn in a sizable profit for Nintendo, lending itself to a return to Annual profitability after losing money in 2011. The question is...how profitable.  They already slashed profit projections in late October from 20 Billion Yen to 6 Billion for the fiscal-year ($227 million U.S. to $68 million)...if the 6 Billion Yen gets revised lower in Q3 results, the stock won't go up.  It'll drop further.  

I'm hanging on a hope and a prayer that Q3 profits will be big enough, with no downward revisions - to boost the stock up to $14/share, but then I'm most likely getting out. There's the gamer and investor in me - the gamer says, I love Nintendo, the investor says - I've lost all trust in Nintendo management, and I've lost faith in your ability to meet the expectations you set for yourself and with the public.