| VGKing said: *Flounders* I can't believe the only who who noticed this obvious spelling error. |
I was just about to comment on that. The article loses all credibility in my eyes when they can't even proof-read.
Iwata's 100 billion yen profit promise was made for NEXT fiscal year, so him getting fired now would be far too premature. If these analysts refuse to check their information before making claims, they are terrible analysts, just like Pacther. I agree that they might have an operating loss, but will post an overall profit. It's not like he bombed with the DS and the Wii and completely failed to turn the 3DS around. If that had happened, yes...get rid of him, but the exact opposite thing happened.
Nintendo's stock was falling quickly with the Gamecube and he came in, announced the DS, managed to get some pretty decent third party support (only 10 of my 54 GCN games I have on hand are first party, to give a little perspective) and even got some timed exclusives like RE4, and stocks shot up like crazy when the Wii was in full swing. Sure, they aren't at Wii levels anymore, but to expect that is absurd. They are settling in to around normal levels for Nintendo, which is just dandy. Some Wii-period investors might not be happy about it, but Nintendo will just buy up their shares if they decide to sell or Yamauchi will so he can have more sway in the company (ugh)
Iwata source: http://www.nintendo.co.jp/ir/en/library/events/130131qa/03.html
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