Nintendo Q1 Earnings July 31st (Results Inside - Profit)

[Soundwave]

kowenicki said:

Soundwave said:

kowenicki said:
The power of Abenomics

The very weak yen saves Nintendo from another loss. Abe save Iwata.

Sony too when they announce. Abe saves Kaz.

As for shipments here? Poor, any other view is spin. 3Ds down YOY by 30% and WiiU is on hiatus.

Nintendo have kept the forecast at 9m to March for the WiiU? wtf are they smoking?

Well that's the thing with forecasts, a company can say whatever they want. There's no rule or regulation for product forecasts.

I realise that, but people arent stupid.  I think the market may spank Nintendo today.

I think Nintendo is hoping at least some of their investors are stupid, lol. If they scale back their forecasts I think the fear is some groups of investors may start to panic, so maybe it's better just to stand pat and bank on the next few quarters being profitable. That will cushion the blow by March 2014 when they have to fess up on missing sales forecasts.