NX to be revealed in June and releases 2016 Holidays according to Nomura Securities

[JEMC]

bigtakilla said:

JEMC said:

bigtakilla said:
You guys did read the bottom where it says we expect it to release 17/3, or March 2017 and expect it to make a profit 18/3, or March 2018 after a full year on the market.... This guy is contradicting himself being he also says the system will release in Nov 2016.

Is this guy drunk???.....

Not really because he's talking about fiscal years and quarters.

If I'm not wrong (and if that's the case, someone please correct me) fiscal years start in April and that means that October, November and December would be part of the 3rd quarter of a fiscal year. Also, in Japan the fiscal years (FY) are named by the year they end, so the 2017 FY starts in April 2016 and ends in March 2017.

If this is the case, the system would still not have been out a full year.

But let's just assume he was talking about 5 months after release (March 2017) to start tracking the NX's profitability to March 2018, that seems like a really strange time to do that. The release 5 months (especially during the holidays) would be a better glimpse of how desirable a console is than a consoles 6 months until the first price drop. That is when the stride of new consoles tend to significantly slow down. 

I can force this to make sense, but in all honesty it really doesn't.

*edit* Oh, and that's only AFTER we ignore he specifically was quoted as saying releasing 17/3.

You are mixing real years with fiscal years. Releasing 17/3 means launching in the 3rd quarter of the 2017 fiscal year, and that is between October and December of 2016.

He then says "We think the NX will start to boost operating profits in 18/3" that means that until one year after launch, so by Christmas 2017, we'll start seeing how NX boosts Nintendo profits.