Well this thread has gone overboard.
Nonetheless, I bought my NTDOY at 14$ (yen was 78 at the time) a while ago and will keep holding. I strongly believe Nintendo will stage a comeback this year; however, they have an uphill battle to climb.
Judging by Nintendo's previous quarter financial, Nintendo has over 10B$ in cash and investments - for the individual who claims they only have 6B$, you are wrong.
Nintendo will post profit this fiscal year because of the weakening yen; nonetheless, they are projecting an operating loss of over 200 million and net profit of over 150 million. Let's face it, Nintendo caught a lucky break with the weakening yen and Animal Crossing.
Going forward, Nintendo has a killer line-up in Japan for the 3DS. Summer release of Monster Hunter (most likely June) and Pokemon in October, the 3DS will replicate 3DS' phenomenal sales of 2012 year into 2013 no sweat - Jpn. The Western hemisphere will most likely remain stable or have a slight YOY increase depending on the success and commercial impact of Pokemon and Animal Crossing.
The Wii U puzzles me however. I cannot take a stance on its success until they have a release schedule for Q1.
Overall, if the exchange rates remain at current levels, Nintendo should have no problem of posting profits of over 500 million next year.
Existing User Log In
New User Registration
Register for a free account to gain full access to the VGChartz Network and join our thriving community.
