Nintendo Fiscal Earnings - 70 Million Profit Year-End, Q4 - Loss (70 Million)

[Vinniegambini]

Edit: Nintendo's Fiscal-Year earnings will be released on the 24th of April at 4:00pm Japan time (3:00 am Eastern).

Nintendo projects a loss for the loss based on operating income (20 Billion Yen); however, a net profit of 14 Billion Yen due to currency gains.

Nintendo estimated shipments figures this quarter are as followed:

- 3DS - 2.3 Million

- Wii - .5 Million

- Wii U - .9 Million

Analysts claims that Nintendo will post an annual loss of over 18.7 Billion Yen and a net profit of 14 Billion Yen

Analysts doubt that Iwata can commit to the 100 Billion Yen (1 Billion US) operational income for FY13.

Analysts projects Wii U sales at 9 million for FY13 and 70 Billion Yen operational income compared to 100 Billion Yen as outlined by Iwata.

What are your predictions? 24 hours until results!

http://www.bloomberg.com/news/2013-04-22/nintendo-ceo-seen-missing-profit-target-as-wii-u-founders.html?cmpid=yhoo