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Forums - Nintendo - Nintendo Q2 Results - Posts 125 million loss

DanneSandin on 23 October 2012

I'm skeptical... Producing the WiiU without selling a single one will reflect on their financials. I'll rather wait for their yearly report...



I'm on Twitter @DanneSandin!

Furthermore, I think VGChartz should add a "Like"-button.

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Soundwave on 23 October 2012

I think they were expecting a little more from NSMB2 relative to how the previous ones did.



ethomaz on 23 October 2012

Tagged.



Vinniegambini on 23 October 2012

Our beloved friend Michael Pachter believes Nintendo will suffer another loss in Q2 (http://wallstcheatsheet.com/stocks/nintendo-earnings-preview-deep-stock-analysis.html/). Q1, Michael Pachter's predictions were off as Nintendo posted a lower loss. Will we see Nintendo will be in the positive? Let's hope so



phenom08 on 23 October 2012
postofficebuddy said:
shanbcn said:
Im waiting for GFK charts Nintendo will release.


Honestly even their 3DS sales have been rather mediocre outside of Japan. Since they give the Gfk charts at their own discretion it wouldn't surprise me if they opt not to give out that data this quarter. Although they should be returning to profitability so who knows.

Selling at the same rate as the DS isn't mediocre at all, its clearly on track to becoming the highest selling platform this gen and maybe the highest selling handheld of all time.



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phenom08 on 23 October 2012

Probably going to be in the red thanks to producing the WiiU for its release. After that nothing but smooth sailing.



Vinniegambini on 24 October 2012

Nintendo posts a 125 million loss this quarter. A total of 350 million for 6 months in 2012, compared to 875 million loss for 6 months in 2011. Nintendo is expecting profit for the full year. (http://www.nintendo.co.jp/ir/pdf/2012/121024e.pdf)



MANUELF on 24 October 2012

At least Nintendo is doing better than last year, that is something



DanneSandin on 24 October 2012

This was expected: producing the WiiU can't be cheap. I expect a loss next quarter as well - or a small profit, and that Q4 will turn it around for Nintendo.



I'm on Twitter @DanneSandin!

Furthermore, I think VGChartz should add a "Like"-button.

OneHappyGamer:) on 24 October 2012

well its improving. but what would happen to Nintendo if they kept loosing money? if the Wii U doesn't sell, will they go the way of sega, or drop out of video games completely?