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

No the charts one

The 3DS is going to miss its hardware and software forecasts by notable margins. And yes, the delay of Miitomo is also a factor.

of course they did. They followed the Wii model of being profitable at launch and not taking heavy losses for years. They saw what Nintendo did with a little $250 box that made them 10 billion and they wanted to do the same thing.

If they continued along their old path, both would have ended up right where they started, with lots of consoles and no money. I say good for them for realizing that their old model was not making money, or was too risky.

As for Nintendo, they are doing different things now to diversify their interests. They own a MLB team. They are working on a Universal theme park. They are considering leveraging their IPs for movies and tv. Amiibos are selling like crazy and their next generation of hardware are on the way after unifying their handheld and console teams. Video games are a volatile industry and there are lots of companies that shut doors over video games.

We'll just have to see how it all plays out, but I think that in the end Nintendo will march on. The real question will be what form Nintendo will take going forward.

That is the multi billion dollar question ; what form will they take-  Nintendo could become very profitable again and yet be hardly recognizable to most of its long time fans-   that is kind of the bitter sweet potential of Nintendo.... that they may find huge success again and yet it may be in a way that its most loyal fans can hardly recognse or appreciate/tolerate-  

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.

It's not just Miitomo that got delayed, but the other applications as well. I expect Nintendo to launch something new about every three months. Since Miitomo got delayed, the rest also got pushed back (so no game this fiscal year).

The 3DS is easily the biggest factor for the lowered forecasts, but the smartphone plans that got pushed back are certainly not a non-factor. Besides, it's not about what I think that Miitomo and others can contribute, it's about what Nintendo thought. It's hard to imagine that they believed that their smartphone operations would contribute virtually nothing, so the delay affected their forecast, yes.

It could be much worse, Nintendo could actually lose money, but despite terrible sales they making solid profit, even with slashed forecast it will be solid profit for Nintendo.

The trouble is the  system is about chasing growth , it's not good enough to just make a tidy profit , during the Australian reporting season you can have a company make record profits with it's growth being  both a company record and best in it's market and still get written down because of market expectation .

He said 5BN. At one point it was 4BN you say but the ps3 reduced that for the next 5 years.  I'm not saying it  made a profit just saying he's wrong.  

So Nintendo making a lot less profit now and Playstation now beginning to earn a lot.  Funny how things change.