Vinniegambini on 23 April 2013
| kowenicki said: 2nd annual loss now expected. Not good. |
2nd operating income loss. Projected net profit of 140 million (net income) nonetheless due to currency gains and other investments - they got a lucky break.
However, this was to be expected as per the following - http://www.nintendo.co.jp/ir/pdf/2013/130130_2e.pdf
If Bloomberg estimates are correct (18.7 Billion), Nintendo will beat its own internal projections of 20 Billion Yen loss. It's not as severe as how the media paints them.
I'm cautiously optimistic for their year-end report. And you?
