Dr.EisDrachenJaeger said:
Soundwave said:
Dr.EisDrachenJaeger said:
Soundwave said:
I don't see them making a profit this fiscal year either.
Last year they had Pokemon X/Y (which is far bigger than what Mario Kart 8 will be especially on that small Wii U userbase), Animal Crossing for the West, Luigi's Mansion 2, Fire Emblem, Super Mario 3D World, Pikmin 3, Wii Party U, 2DS release + a favorable yen.
If they couldn't even come close to posting a profit with all that, they ain't sniffing one this fiscal year. 3DS sales will likely decline YoY and Wii U is going to need another price cut to $250 at least. |
They did post a profit. An Operating loss is an operating loss, but NIntendo makes net profits. Get it straight people.
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No they are not going to post a net profit this year. You are thinking of last year where they did post an operating loss, but ended up with a tiny net profit because a favorable yen/dollar turn for them.
But its been 3 years of operating losses for them, and I don't see much changing for this coming year. It very likely will be 4 straight years of losses.
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They're buying back Yamauchi's shares So yeah posting a loss
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Their game business posted a loss too.
The share buy back actually shouldn't have any impact on their 2013 fiscal year business, companies don't just leave their cash reserves sitting in a giant pile like Scrooge McDuck (there's a reason that's a cartoon), they are generally invested in securities and bonds, all they're doing is shifting their securities/bond/cash asset mix to having a larger share of Nintendo stock versus say ... any other type of security.
