| spurgeonryan said: scandalous! Not sure how they can come back from this pickle! |
They need the NX, to be a Sucess, also Pokemon Sun & Moon, and Pokemon Go.
Ruler said:
Sony but not PlayStation devision |
Actually I referd to PS division not whole Sony company.
Miyamotoo said:
Actually I referd to PS division not whole Sony company.
|
So the guy above was wrong to say Playstation lost 5bn ast gen? how does Nintendos current profits compare to the last few numbers on that list?
OneKartVita said:
So the guy above was wrong to say Playstation lost 5bn ast gen? how does Nintendos current profits compare to the last few numbers on that list? |
Sony till 2010 lost around 4bn last gen, why you think he was wrong!? Sony was selling very long PS3 with huge loose in order to save it.
Last year Nintendo made profit off around $350, that's great if know how actually bad Wii U is selling.
I'm curious to know if some of the losses were incurred by the NX somehow.
| Sh1nn said: 15-Year Low Operating income will be 33 billion yen this fiscal year, down from an earlier projection of 50 billion yen. The currency fluctuation reduced profit by 20 billion yen, Nintendo said. The company cuts its projection for sales 12 percent to 500 billion yen, the lowest revenue level in at least 15 years. “Sales of the 3DS fell short of our targets from January,” Nintendo spokesman Yasuhiro Minagawa said. “After adding the impact of stronger yen, we had no choice but to revise.” The forecast cut shows how much is riding on Nintendo’s foray into mobile. The shares rose 33 percent last year, fueled by the March announcement that the company planned to develop titles for mobile devices made by other companies. Much of the gains were lost, however, after Nintendo delayed the debut in October. |
It's strictly speaking correct, but the true way of stating it would be that it's the lowest since the launch of the DS lite and Wii.
The net sales of the modified forecast are virtually identical with the ones from 2003 - they were 503 billion yen then, and very slightly lower than the 2004, 2005 and 2006 ones of 514, 515 and 508 billion yen.
The DS-Wii years had revenues of completely different levels, with a near double in 2007 to 965 billion, and an even bigger increase to the 1625 billion in 2008.
But the point remains - the 8th gen revenue average for Nintendo so far is virtually exactly the same as it was in the 5th and 6th generations, which together have an average of roughly 510 billion a year from 1997 to 2006.
While Nintendo has dropped from the situation they were in with the Wii and DS, their position is probably stronger than at any point from the N64 launched until the DS Lite/Wii launched.
Pineapple said:
It's strictly speaking correct, but the true way of stating it would be that it's the lowest since the launch of the DS lite and Wii. The net sales of the modified forecast are virtually identical with the ones from 2003 - they were 503 billion yen then, and very slightly lower than the 2004, 2005 and 2006 ones of 514, 515 and 508 billion yen. The DS-Wii years had revenues of completely different levels, with a near double in 2007 to 965 billion, and an even bigger increase to the 1625 billion in 2008. But the point remains - the 8th gen revenue average for Nintendo so far is virtually exactly the same as it was in the 5th and 6th generations, which together have an average of roughly 510 billion a year from 1997 to 2006. While Nintendo has dropped from the situation they were in with the Wii and DS, their position is probably stronger than at any point from the N64 launched until the DS Lite/Wii launched. |
That's actually pretty amazing considering how drastically different 5th and 6th gen are compared to 8th. Development costs are higher and take longer.
Miyamotoo said:
Actually I referd to PS division not whole Sony company.
|
The first graph is sony as whole
Ruler said:
The first graph is sony as whole |
Ofcourse its not, its only gaming division, same goes for Microsoft.
Miyamotoo said:
That management with horrible decisions keep making profit for Nintendo despite terrible Wii U sales and transition. |
A well run business does not have it s lowest revenues in 15 years - this is during a time of tremendous growth in their industry
additionally Nintendo s revenue has dropped each year since 2009 - also a time in which thier industry has grown substantially
so if sales in your specific industry are going up year after year and your companies sales are going down year after year at the same time, that is terrible management-
Remember, they are a publicly traded company, and growth and/or the belief investors that growth is iminent are the most important metrics
The fact they have made profits in some/most of the years of declining revenue often means they have not been investing enough in their own busness to reinvigorate their brand/business to spur growth-
Nintendo seems to be "betting the ranch" on this upcoming generation of hardware and on mobile- the only reason their stock is not down alot more is due to the hope /blief of investors betting on them making big money in mobile- any tangible sign(S) that they are not going ot make big money in mobile will send their stock price down significantly- Of course the reverse applies as well- but these price swings will be temporary until a trend sets in one direction or the other
FYI their stock is down %7.48 at this time based on todays news - the is a large 1 day drop if it holds - we will have to see were it closes the day
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