OceanJ said:
Vinniegambini said:
OceanJ said:
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.
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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.
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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.
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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. |
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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.
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Q3 was actually profitable last year :) So I'm optimistic and on the fence at the same time.
I'd at that 100 EUR to now 114 ;) But yes you are right, this stock needs positive news and their silence is killing it atm.
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Yep - you're right Q3 2011 was profitable. I was interpreting their Q3 report incorrectly. The way Nintendo reports Q3 is for the full 9 months of the fiscal year, and they don't break down Q3 numbers in isolation, from what I see.
I should have said, Q3 2011 was profitable but didn't bring them out of the Red for the first 2 quarters last year.
Given they were profitable for Q3 last year it's a total no brainer for this Q3...but will it put them in the Black??! Question of the day.
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I sure hope so will all those gains they are having with exchange rates in their favour. They claimed they would be profitable by fiscal year with 73 million at exchange rates of 80 US and 100 EUR. If it is not, I'm calling bad management and I will get a lawyer (no joke).
First Reggie claims that it only takes 1 game to be sold for a profitable equation - not true, misleading investors, against the law.
Poor Marketing on both US and EUR fronts
