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Vinniegambini on 15 January 2013
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Tarumon said:
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!

Not bad :) You are right though, there will be revisions. Wii U hardware and software will be revised to 4.5 million shipped and 16 million respectively, 3DS hardware and software will be adjusted down as well (Monster Hunter not coming out in Q4 doesn't help), Wii and DS software are going to be revised upwards.

In the end, Nintendo will posts profits, partially due however to exchange gains nonetheless. Iwata is a smart man, he turned around the 3DS in less than a year and that business will drive Nintendo forward to profitability much like the GBA did during the Gamecube era. He smartly cut marketing costs by half by introducing Nintendo Direct and creating the Miiverse platform is another way to ensure that consumers stay active. I think Nintendo's next move is to unveil the next Nintendo Direct with release dates to their early 2013 games like Lego City, Wii Fit U, downloadable and so on. Nintendo might not have done much marketing as they knew the Nintendo faithfuls would buy their products first regardless. Hence, I believe now Nintendo will start the marketing aspects and place their bets with Lego City Undercover in tie with Lego and Wii Fit U. Hopefully, our investments will pay off.