I'd just like to say...
I was the only one (or one of the only) that predicted a profit for Sony last quarter.
Everyone was predicting 500mil losses. Some were even predicting 1bil in losses.
I predict Sony 1 dollar profit.
I'd just like to say...
I was the only one (or one of the only) that predicted a profit for Sony last quarter.
Everyone was predicting 500mil losses. Some were even predicting 1bil in losses.
I predict Sony 1 dollar profit.
Re: FishyJoe
For Nintendo, I'm less interested in the dividend yields, even though they always factor into returns on investment. While the 2.2% for NTDOF is better than average, personally, I'm more interested in Nintendo in terms of quarterly growth (edit: the ADR "NTDOY" only yields a .47% dividend)
This is why I'm particularly interested to see if they exceeded Q1 projections by a significant enough amount to cause a 5-10% spike in NTDOF upon release of the earnings report.
When I invest based primarily upon dividend yields, I generally won't put a stake in a company paying less than 5%.
| TheSource said: Anyone think 3 billion in profit is in reach for Nintendo? I think they'll reach 2.5 billion or so, could have been higher with a stronger dollar. |
What was their quarterly estimate?
| trestres said: Well the DS hasnt had a price drop since launch so if logic tells you anything is that profit from each DS sold > profit from each PSP sold. |
A 2.2% dividend is huge for a tech company. Most don't even give a dividend. And for a video game company, I don't know any that give a significant dividend.
As for the ADR, it's 1/8 a 7974 share so we will receive 1/8 of that dividend. It's a nice bonus but I'm up over 150% overall on my shares. My initial shares are up over 300%.
Nintendo made 259 billion yen for the first 9 months, so they've already passed the $2.5 billion mark more or less depending on your currency valuation. I'm thinking they'll do from 70-90 billion yen profit this quarter. It would have been more but the dollar got crushed.
I think all companies will be in the black. I remember reading somewhere that Sony makes money on each PS3 sold in Europe because of conversion rates and it just so happens that the PS3 has sold well there. Factor in the profits made from the PS2 and PSP and they are well on there way. Microsoft should be about the same, strong software sales and money from each system sold but the rrod is probably cutting into profits. Nintendo, they are wiping their @$$es with $100 bills at the moment and probably have to open up two or three new bank accounts because the first dozen are full.
Nintendo - huge profits of course.
Sony - Loss, due to two reasons - fixed expenses taking a toll in relation to the much bigger holiday quarter, and software sales not being enough to cover PS3 hardware losses. $50-200m loss.
Microsoft - around break even point, $100m profit at most.
My Mario Kart Wii friend code: 2707-1866-0957
I think one of the major things on these reports will be if the PS2 has matched what they did last year for the the Q4, but software will be down for the PS2 since last year and i just hope that the PS3 continues to pick up where the PS2 left off.
Another major thing will be how far the PS3 has gone to catch up to the 360 in retail sales.
| FishyJoe said: A 2.2% dividend is huge for a tech company. Most don't even give a dividend. And for a video game company, I don't know any that give a significant dividend. As for the ADR, it's 1/8 a 7974 share so we will receive 1/8 of that dividend. It's a nice bonus but I'm up over 150% overall on my shares. My initial shares are up over 300%. Nintendo made 259 billion yen for the first 9 months, so they've already passed the $2.5 billion mark more or less depending on your currency valuation. I'm thinking they'll do from 70-90 billion yen profit this quarter. It would have been more but the dollar got crushed. |
Lol! No wonder you're bullish on Nintendo: they've already given you great returns, assuming you've been taking some profits along the way and increased your stake back in January. You must have initially gone in around Q2-Q3 2006 to see that kind of turn over.
And yes, 2.2% is extremely unusual for any tech company but Nintendo is actually classified as a consumer cyclical: AV equipment company like Sony or Sanyo. Not the same as an Apple, Oracle, Microsoft or Google.
Nintendo may be my least favorite when it comes to their hardware, but their stock has been absolutely golden over the past year.
| NJ5 said: Nintendo - huge profits of course. Sony - Loss, due to two reasons - fixed expenses taking a toll in relation to the much bigger holiday quarter, and software sales not being enough to cover PS3 hardware losses. $50-200m loss. Microsoft - around break even point, $100m profit at most. |



^Guy pissing on Microsoft Sign