By using this site, you agree to our Privacy Policy and our Terms of Use. Close

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

OneHappyGamer:) said:
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?

No way; they got too much money!!



I'm on Twitter @DanneSandin!

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

Around the Network
DanneSandin said:
OneHappyGamer:) said:
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?

No way; they got too much money!!

DanneSandin is right. Too much in cash reserves, too much good will, too many evergreen IPs. I don't believe Nintendo will ever go the way of Sega. When they do exit the business, I imagine it will be at a time when video games no longer resemble what we've become accustomed to over the past 40 years.



Expected worse, not too bad at all considering Wii is dying rapidly and they've to cover the current Wii U production costs.



The strong yen is really not helping their earnings, its killing it. A revision had to be made because of it. Hopefully the yen will weaken by year-end and can beat its forecasts. Its only forecasting a net profit of 70 million by March 2013 with the revisions, compared to an earlier forecast of 200 million, big difference.



Veknoid_Outcast said:
DanneSandin said:
OneHappyGamer:) said:
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?

No way; they got too much money!!

DanneSandin is right. Too much in cash reserves, too much good will, too many evergreen IPs. I don't believe Nintendo will ever go the way of Sega. When they do exit the business, I imagine it will be at a time when video games no longer resemble what we've become accustomed to over the past 40 years.

word!!



I'm on Twitter @DanneSandin!

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

Around the Network
kowenicki said:
Vinniegambini said:

The strong yen is really not helping their earnings, its killing it. A revision had to be made because of it. Hopefully the yen will weaken by year-end and can beat its forecasts. Its only forecasting a net profit of 70 million by March 2013 with the revisions, compared to an earlier forecast of 200 million, big difference.


It already has.  It is now trading better than the Ninty forecast in June for the rest of the year in Europe. 

In October yes (103 yen for Euro), but that will only be reflected in Q3. During July and August (Q2), the conversion rate was between 95-98 at the time. The strong yen affects its profits drastically, hopefully it will not revisit the below 100 throughout. Furthermore, I never said it was only because of the exchange rate, I said quote: ''the strong yen is really not helping.'' But yeah, the forecast was off.



Damn. :/



3DS sales forcast cut by 5.4 percent to 17.5 million units....

http://www.bloomberg.com/news/2012-10-24/nintendo-cuts-forecast-on-lower-demand-for-3ds-stronger-yen.html

Mobile is killing dedicated handhelds



 

Face the future.. Gamecenter ID: nikkom_nl (oh no he didn't!!) 

Even though the handheld market's days are numbered it's still impressive that Nintendo will be clear of 30 million 3DS' after this holiday.

They need the Wii U to be a hit badly, I don't think they'll have much trouble selling for the first few months, but that Feburary-August 2013 stretch will probably tell us a lot about how the broader market views the system and what kind of future it has.



NiKKoM said:
3DS sales forcast cut by 5.4 percent to 17.5 million units....

http://www.bloomberg.com/news/2012-10-24/nintendo-cuts-forecast-on-lower-demand-for-3ds-stronger-yen.html

Mobile is killing dedicated handhelds

Nintend000000mzz!



I'm on Twitter @DanneSandin!

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