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Forums - Nintendo Discussion - Nintendo Investors Meeting - 8:00 PM EST (15 mins left)

AshKetchum1992 on 29 January 2014

Well, it was obvious that they were going to make profit on the quarter with the Holiday sales.



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JoeTheBro on 29 January 2014
zorg1000 said:
drake4 said:
Wiiu way over tracked on vgchartz, unless its sold out world wide.


How so? Vgchartz has it at 5.48m at the end of 2013. Thats means there were almost 400k on shelves at the time, is that low?

Considering lots of stores have scaled back their Wii U sections, that seems close enough. Good job vgchartz yet again.



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superhippy420 on 29 January 2014
JoeTheBro said:
zorg1000 said:
drake4 said:
Wiiu way over tracked on vgchartz, unless its sold out world wide.


How so? Vgchartz has it at 5.48m at the end of 2013. Thats means there were almost 400k on shelves at the time, is that low?

Considering lots of stores have scaled back their Wii U sections, that seems close enough. Good job vgchartz yet again.

Agreed.   Right now Nintendo has no case to be made to the retailers as to why they should carry more Wii U's.   When Kart and Smash come out the stores will order more but right now it's pointless, not to mention that many retailers are now sitting on a pile of Xbox Ones as well.   The Game Industry needs a jolt of AAA titles like Mario Kart and Halo. 



Cheebee on 29 January 2014

So, no loss then? Und0med?



Nintendo Network ID: Cheebee   3DS Code: 2320 - 6113 - 9046

 

zorg1000 on 29 January 2014
Lawlight said:
Only 12.89M 3DS sold in 2013. Looks like it's overtracked on vgchartz.


3DS sell through end of 2013 (Vgchartz)-42.21m

3DS shipments end of 2013 (Nintendo)-42.74m

Yep Vgchartz has it overtracked



When the herd loses its way, the shepard must kill the bull that leads them astray.

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orniletter on 29 January 2014
zorg1000 said:
Lawlight said:
Only 12.89M 3DS sold in 2013. Looks like it's overtracked on vgchartz.


3DS sell through end of 2013 (Vgchartz)-42.21m

3DS shipments end of 2013 (Nintendo)-42.74m

Yep Vgchartz has it overtracked


it is Lawlight, he loves himself some Nintendooomed

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Lawlight on 29 January 2014
zorg1000 said:
Lawlight said:
zorg1000 said:
Lawlight said:
Only 12.89M 3DS sold in 2013. Looks like it's overtracked on vgchartz.


Pokemon X/Y at 11.6m, looks like ur gonna lose ur bet about it not passing 12m


Hold on one second - I would lose if it's more than 12M but that doesn't mean you win. We had a range - I think yours was 18M - I can't remember exactly.

Im not the one that made a bet with u, I just remember u saying it wont sell over 12m

In that case, let the other bettor come forward.



MoHasanie on 29 January 2014

Not bad. At least they made a profit.



    

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superhippy420 on 29 January 2014
DarkFury said:
superhippy420 said:
So Nintendo basically came out and told everyone that they were doing horribly to lower expectations and get the stock hit out of the way, so that when the news came out that their software sold enough to make a profit, people would be all over Nintendo again. Brilliant. Seriously, Nintendo just told the world "Wii U sold like garbage and we are still running at an operating loss or small profit, just wait and see what happens when our AAA titles come out."



No. They made a small proft this quarter, down y-o-y. They said they are going to make a huge loss this financial year, not Q3. The share buyback is costly business, they are doing it to calm down the big institutional investors.


Quarter is not the same as full financial year.


They posted a profit a small profit in Q1 and Q2 as well.   So is Q4 just going to have a massive loss due to the stock buyback.  It's a risk for Nintendo but the payoff could be massive.   If their sales really take off on Wii U, and 3DS keeps it rolling then the Stock could go through the roof, due to a shortage.  If sales still don't pick up then Nintendo pretty much just ate a bunch of Stocks for no reason.  



ICStats on 29 January 2014
superhippy420 said:
So Nintendo basically came out and told everyone that they were doing horribly to lower expectations and get the stock hit out of the way, so that when the news came out that their software sold enough to make a profit, people would be all over Nintendo again. Brilliant. Seriously, Nintendo just told the world "Wii U sold like garbage and we are still running at an operating loss or small profit, just wait and see what happens when our AAA titles come out."

No, Nintendo told everyone they would do horribly by end of Q4, and they still are saying the same thing.  These are just Q3 results.



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