Nintendo to Consolidate Hardware Development

[Tarumon]

Vinniegambini said:

Tarumon said:
This is not a company that is short on funds, so I can't see the rush to announce something like this pre-earnings announcement. Maybe they will jam some charges into this quarter which is likely to disappoint when fiscal '13 gets revised lower on unit sales.

I think they want to appease investors as the stock has dropped by more than 15% in value since the Wii U release. In the end, I still believe Nintendo will profitable though don't you think? A 550 million loss to maybe 50 million and above profit is quite a turn of event.

Up 2% in JP so not negatively perceived at all!