By using this site, you agree to our Privacy Policy and our Terms of Use. Close
OceanJ on 09 January 2013
Edit Thread

 

Vinniegambini said:
OceanJ said:
Vinniegambini said:
Chandler said:
What's the chance that Nintendo's strategy right now is to just hold on to a fiscal year profit and take everything that happens til march to the chin(like Sony did last year with the Vita) and to accelerate third party shopping only after the 2013 fiscal year starts?

That would be suicide. Nintendo needs to move as many units as possible for the Wii U before competition embarks. Furthermore, they need to show what is coming up with a New Nintendo Direct. I mean Lego City, Wii Fit, Monster Hunter and Raymand Legends are coming in Q1 but when? It's unaceppetable honestly and investors like me are paying the consequences.


You and me both man.  This is what has lead me to sharply criticize Satoru Iwata and Nintendo management.  Their preparedness, communication, PR and marketing has really, really been disappointing.  This is the subject we beat to death on the "Management Firing Across the Board" thread...

But bottom line - those launch dates should be firm and set in everyone's minds.  

I agree with you on all fronts.

The 3DS is on its path for WW dominance in 2013 with solid releases so I'm very much happy with the software releases on that front.

Wii U on the other hand is so mysterious and frustrating. Having no solid release dates is simply insane. 

If they are not profitable this quarter with the yen on their side, 3DS selling at profitability I am going to lose it.

I'm gonna lose my mind, and my money as well if that happens.  

For the Annual profitability - it's gonna be too close to call.

But for Q3???!!!  If Nintendo isn't profitable in Q3 then it's time to sell 100% of your stock and run for the hills.  They lost money in Q3 of last year but as we've said a few times, here's the differences:

Q3 2011 Q3 2012
3DS sold at a loss 3DS sold at a profit!  Plus more 3DS's sold!
Yen between 75 - 80 vs USD Yen between 80 - 88 vs USD
No Wii U Wii U now selling and recouping Manufacturing, Sales, & R&D expenses etc.


These are the main things I think that will make it nearly impossible for Nintendo to not turn a profit in Q3.  It's going to be a very stressful report to look at though.