Tarumon said:
Vinniegambini said:
Tarumon said:
Nintendo may have some difficulties reaching their top line projections for fiscal 2014 unless Wii U really does have a decent software release from here on out. Buttomline projection though seems very easy based on their 90 yen estimate. With Cash and Short Term Securities (nearly $10 billion USD worth), and a probable continuation of Yen weakness, a 12% weakening from 90 base projection would give you almost all of the $1 billion in net income projected. As of today we are past the 99 level with G20 having essentially given green light to BOJ's money printing.
Nintendo seems to have "survived" their missteps and has a fighter's chance to crawl back into financial relevancy. |
Overall, it seems Nintendo did sacrifice Q4 to have a clean slate from here on forth. Inventory levels are pretty high to be honest. Nintendo must of not not slown down production lines and maintained the 5.5 million (Wii U) which is why, in my opinion, the loss is greater for Q4.
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Yeah, I think Iwata's padding 2014 however he can to ensure a "turnaround".
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The turnaround seems to be in motion with Iwata promoting himself to CEO of Nintendo of America. America should be Nintendo's largest revenue steam, but has been declining ever since. Nintendo's goal for 3DS software seems locked with Monster Hunter, Pokemon, Tomodachi and other significant releases; Wii U however is hard to predict as Nintendo is most likely eyeing Holiday sales but this Holiday season is going to be packed from their 3DS offerings and their competitors - It's going to take a miracle.
Overall, their investing activities allowed them to post a profit. It will determine Nintendo's success for this fiscal-year certainly. On a side note, their cash and equivalents increased?
