Nintendo Lowers 2016 financial forecast

[OneKartVita]

Miyamotoo said:

OneKartVita said:

He said 5BN. At one point it was 4BN you say but the ps3 reduced that for the next 5 years.  I'm not saying it  made a profit just saying he's wrong.  

 

So Nintendo making a lot less profit now and Playstation now beginning to earn a lot.  Funny how things change. 

They has profit in 2010. so lose is around 4B till 2010, buy Sony made profit with PS3 every year from 2010, question is at end with all years if Sony made any money PS3, probably but not big one.

Not that Nintendo has they worst generation ever in sales, but they are in middle of transition, with totally new projects (themed parks, mobile games, movies...) and preparing complete new platform. I said it pretty good they making profit despite all that.

The point is the guy that threw that 5BN number out there was wrong.  That's the point.  

 

Nintendo are moving to a new platform but the dedicated handheld space is dying so they could easily drop from ~80m consoles this gen to below 50m. That's not going to leave much potential for big profits especially with the market expected to continue declining.  

 

So going forward there is potential to do very good but also potential to do very bad.