RolStoppable said:
The_Liquid_Laser said: Thanks for summarizing this. Much appreciated.
It looks like I am not the only one that thinks Nintendo is being too conservative. They are going to sell a lot more than 18 million Switches during the next fiscal year. Software is going to likewise be extremely strong. I can understand wanting to undershoot by a little, but undershooting by a lot is not good. |
Why?
The original forecast for the fiscal year ending March 2018 was 10m and the actual result was 15m. That didn't hurt anyone.
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In fact it helped propel their stock quite high.