Nintendo quarterly results (Switch 36.87 million)

[Soundwave]

StarDoor said:

Soundwave said:

The PS4 Pro has definitely helped Sony be able to enjoy better legs in the back cycle of the product cycle, and their 15 million target this fiscal year is probably low balling it as they did last year.

Weird way to low-ball. Aren't you supposed to start with the lower target? Sony projected 16 million for the fiscal year three months ago.

And it's pretty clear as to why they reduced it:

https://www.sony.net/SonyInfo/IR/library/presen/er/pdf/19q1_supplement.pdf

https://www.sony.net/SonyInfo/IR/library/presen/er/pdf/19q1_sonypre.pdf

It's odd because the Q1 the PS4 just had is better than any Q1 the Switch has ever had and was a very solid start to the fiscal year. There's virtually no YoY decline from last year's Q1 which was 3.2 million. They may be forecasting in China tarrifs forcing them to up-price the PS4 later in the fiscal year which they have warned about.