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

Forums - Nintendo - Nintendo Q1 Earnings July 31st (Results Inside - Profit)

Yakuzaice on 31 July 2013
Seece said:

"Nintendo expects to sell 9 million Wii U consoles this fiscal year"

Joke and outright lie on Nintendo's part, they know full well they're not going to ship that and can't!!!

They have 8.84m to go with 3 Q's, this current Q isn't going to be huge, they're essentially expecting 7 mill shipped in the holiday season?? I mean combined PS360 only managed that ONCE in their lifetime ....

Come on Nintendo your investors deserve better.

Their forecasts have been a fantasy for years now.  Even when they update them after their third quarter report (which means only about two months they need to predict) they are still often wrong.

FY 2009
Forecast
DS: 30m
Wii: 26m

Actual
DS: 27m
Wii: 20.5m

FY 2010
Forecast
DS/3DS: 30m
Wii: 18m

Actual
DS/3DS: 21.1m
Wii: 15.1m

FY 2011
Forecast
DS: 11m
3DS: 16m
Wii: 13m

Actual
DS: 5.1m
3DS: 13.5m
Wii: 9.8m

FY 2012
Forecast
DS: 2.5m
3DS: 18.5m
Wii: 5m
Wii U: 5.5m

Actual
DS: 2.35m
3DS: 13.95m
Wii: 3.98m
Wii U: 3.45m

Over the course of four fiscal years they have forecasted about 40 million more units than they actually sold.  Averaging 29% too high on their forecasts.



Around the Network
phenom08 on 31 July 2013

So this confirms a price cut because wow, they expect to move alot of units these last 3 quarters.



Seece on 31 July 2013
Yakuzaice said:
Seece said:

"Nintendo expects to sell 9 million Wii U consoles this fiscal year"

Joke and outright lie on Nintendo's part, they know full well they're not going to ship that and can't!!!

They have 8.84m to go with 3 Q's, this current Q isn't going to be huge, they're essentially expecting 7 mill shipped in the holiday season?? I mean combined PS360 only managed that ONCE in their lifetime ....

Come on Nintendo your investors deserve better.

Their forecasts have been a fantasy for years now.  Even when they update them after their third quarter report (which means only about two months they need to predict) they are still often wrong.

FY 2009
Forecast
DS: 30m
Wii: 26m

Actual
DS: 27m
Wii: 20.5m

FY 2010
Forecast
DS/3DS: 30m
Wii: 18m

Actual
DS/3DS: 21.1m
Wii: 15.1m

FY 2011
Forecast
DS: 11m
3DS: 16m
Wii: 13m

Actual
DS: 5.1m
3DS: 13.5m
Wii: 9.8m

FY 2012
Forecast
DS: 2.5m
3DS: 18.5m
Wii: 5m
Wii U: 5.5m

Actual
DS: 2.35m
3DS: 13.95m
Wii: 3.98m
Wii U: 3.45m

Disgraceful and I don't know why they're called up on it tbh, surely people are getting wise to their ways.

I think Wii U is more likely to ship 5.5m - 6.5m this year



 

crissindahouse on 31 July 2013

japanese companies should really start to make a profit without the help of their currency anytime soon.



ethomaz on 31 July 2013

Wiii U shipped per region...

90k from Japan
60k from North America
10k from Other

10k in Europe + Everything else... it that even possible... I think PS2 shipped more than that.

Wii U is even more doomed than Vita.



Around the Network
Seece on 31 July 2013
ethomaz said:

Wiii U shipped per region...

90k from Japan
60k from North America
10k from Other

10k in Europe + Everything else... it that even possible... I think PS2 shipped more than that.

Wii U is even more doomed than Vita.

Both on par I think, more room for WiiU saviour than Vita IMO. PS2 is discontinued Ethomaz!



 

Soundwave on 31 July 2013
Yakuzaice said:
Seece said:

"Nintendo expects to sell 9 million Wii U consoles this fiscal year"

Joke and outright lie on Nintendo's part, they know full well they're not going to ship that and can't!!!

They have 8.84m to go with 3 Q's, this current Q isn't going to be huge, they're essentially expecting 7 mill shipped in the holiday season?? I mean combined PS360 only managed that ONCE in their lifetime ....

Come on Nintendo your investors deserve better.

Their forecasts have been a fantasy for years now.  Even when they update them after their third quarter report (which means only about two months they need to predict) they are still often wrong.

FY 2009
Forecast
DS: 30m
Wii: 26m

Actual
DS: 27m
Wii: 20.5m

FY 2010
Forecast
DS/3DS: 30m
Wii: 18m

Actual
DS/3DS: 21.1m
Wii: 15.1m

FY 2011
Forecast
DS: 11m
3DS: 16m
Wii: 13m

Actual
DS: 5.1m
3DS: 13.5m
Wii: 9.8m

FY 2012
Forecast
DS: 2.5m
3DS: 18.5m
Wii: 5m
Wii U: 5.5m

Actual
DS: 2.35m
3DS: 13.95m
Wii: 3.98m
Wii U: 3.45m

Over the course of four fiscal years they have forecasted about 40 million more units than they actually sold.  Averaging 29% too high on their forecasts.


Wow, Iwata and company really have their hands stuck in the sand.



ethomaz on 31 July 2013

Seece said:

Both on par I think, more room for WiiU saviour than Vita IMO. PS2 is discontinued Ethomaz!

But compare the shippment for the same quarter for Vita... the Wii U numbers are terrible.

Sony never said they discontinued PS2... there are no official... and last quarter they shipped PS2 even when some article said they stopped.



Seece on 31 July 2013
ethomaz said:

Seece said:

Both on par I think, more room for WiiU saviour than Vita IMO. PS2 is discontinued Ethomaz!

But compare the shippment for the same quarter for Vita... the Wii U numbers are terrible.

Sony never said they discontinued PS2... there are no official... and last quarter they shipped PS2 even when some article said they stopped.

"Sony confirmed to The Guardian that, following the recent news of it being discontinued in Japan, the best-selling home console ever is now no longer being manufactured."

Last Q they shipped all remaining stock hence the unusually high numbers.

But yeah if it were still being made it would have outside WiiU, heck everything has except DS!



 

ethomaz on 31 July 2013

Seece said:

"Sony confirmed to The Guardian that, following the recent news of it being discontinued in Japan, the best-selling home console ever is now no longer being manufactured."

Last Q they shipped all remaining stock hence the unusually high numbers.

But yeah if it were still being made it would have outside WiiU, heck everything has except DS!

I don't know because this article was proved wrong... there are a Sony executive in February said they are still shipping PS2... that's the only official word from Sony.

And last quarte Sony said they will stop to make PS2 hardware projections for the firscal year but they are still shipping the console.

Maybe you are right but no official confirmation exists yet.