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

It seems that investors have not taken the results too positively. Nintendo is down 1.5% in Japan.

Wii U is hindering their profits significantly but Nintendo's Q1 did have some positive results such as growth in download sales and 3DS software sales.

Q2 should be interesting as Wii U hardware and software shipments should at least triple with releases from Pikmin 3, New Super Luigi U and The Wonderful 101. Furthermore, Nintendo should be able to maintain 3DS software sales (11 million) and should ship over 2 million 3DS hardware; however, the bulk of software sales will come from third party sales (ex: Monster Hunter 4, Ace Attorney).



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Edit: Double



RolStoppable said:
Vinniegambini said:
It seems that investors have not taken the results too positively. Nintendo is down 1.5% in Japan.

Wii U is hindering their profits significantly but Nintendo's Q1 did have some positive results such as growth in download sales and 3DS software sales.

Q2 should be interesting as Wii U hardware and software shipments should at least triple with releases from Pikmin 3, New Super Luigi U and The Wonderful 101. Furthermore, Nintendo should be able to maintain 3DS software sales (11 million) and should ship over 2 million 3DS hardware; however, the bulk of software sales will come from third party sales (ex: Monster Hunter 4, Ace Attorney).

Did Nintendo revise any of their forecasts down?

i heard that they didn't o.0



RolStoppable said:
Vinniegambini said:
It seems that investors have not taken the results too positively. Nintendo is down 1.5% in Japan.

Wii U is hindering their profits significantly but Nintendo's Q1 did have some positive results such as growth in download sales and 3DS software sales.

Q2 should be interesting as Wii U hardware and software shipments should at least triple with releases from Pikmin 3, New Super Luigi U and The Wonderful 101. Furthermore, Nintendo should be able to maintain 3DS software sales (11 million) and should ship over 2 million 3DS hardware; however, the bulk of software sales will come from third party sales (ex: Monster Hunter 4, Ace Attorney).

Did Nintendo revise any of their forecasts down?

No they did not. Nintendo claims that they will progressively release key first party titles throughout the holiday season in order to reach their forecasts. Nintendo should be able to meet 3DS software and maybe 3DS hardware sales if Pokémon catches fire; however 9 million Wii U's is certainly not achieving their bullish forecast. They always do this. Its no surprise.



7974 was down around 5% yesterday, but that closed before Nintendo announced their earnings. Now today they went back up 5.07%. So unless it drops again tomorrow, it seems like investors were pleased?



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RolStoppable said:
Vinniegambini said:
It seems that investors have not taken the results too positively. Nintendo is down 1.5% in Japan.

Wii U is hindering their profits significantly but Nintendo's Q1 did have some positive results such as growth in download sales and 3DS software sales.

Q2 should be interesting as Wii U hardware and software shipments should at least triple with releases from Pikmin 3, New Super Luigi U and The Wonderful 101. Furthermore, Nintendo should be able to maintain 3DS software sales (11 million) and should ship over 2 million 3DS hardware; however, the bulk of software sales will come from third party sales (ex: Monster Hunter 4, Ace Attorney).

Did Nintendo revise any of their forecasts down?

No, they still somehow think WiiU will ship 9 million ...



 

NTDOY up 5.06%. It had dropped over 3% yesterday, but that's a pretty big gain today.



nadam23 said:
NTDOY up 5.06%. It had dropped over 3% yesterday, but that's a pretty big gain today.

Well the Nikkei did rise 2.5% yesterday which in turn explains that reversal but nonetheless one would of thought that Nintendo would of been down as displayed during its early trade on the Nikkei before the rise.



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