An hour or two yet.
People are difficult to govern because they have too much knowledge.
When there are more laws, there are more criminals.
- Lao Tzu
An hour or two yet.
People are difficult to govern because they have too much knowledge.
When there are more laws, there are more criminals.
- Lao Tzu
From the Gaf
TOKYO, Oct 29 (Reuters) - Nintendo Co Ltd (7974.OS) reported a 59 percent decline in first-half profit on Thursday, hurt by sluggish demand for its flagship Wii videogame console and the strong yen, and it slashed its full-year forecast.Nintendo, which faces stiff competition in the videogame market from Sony Corp (6758.T) and Microsoft Corp (MSFT.O), said operating profit was 104.4 billion yen ($1.2 billion) in the April-September half, compared with 252.2 billion yen a year earlier.Nintendo cut its operating profit forecast for the year to March 2010 by nearly a quarter to 370 billion yen, ending a three-year run during which it booked a record profit on booming demand for its Wii console and DS portable device.That compares with an average estimate of 442.8 billion yen in a poll of 25 analysts by Thomson Reuters I/B/E/S.Demand for Nintendo products like the Wii has cooled as rival Sony has bolstered its line-up of console games, and as Apple Inc's (AAPL.O) iPhone has become a popular platform for handheld games.Nintendo's earnings, like those of other Japanese exporters, have also been blunted by the stronger yen JPY=, which eats into overseas profits. Shares of Nintendo have declined about 28 percent so far this year, compared with a 14 percent rise in the Nikkei 225 .N225 share average. (Reporting by David Dolan)
http://www.neogaf.com/forum/showthread.php?t=378306
Yeah, check out my article on the front page. Lots of interesting data, mostly bad.
I think all three revisions are a little too conservative but we'll see.
People are difficult to govern because they have too much knowledge.
When there are more laws, there are more criminals.
- Lao Tzu
TheSource said: Yeah, check out my article on the front page. Lots of interesting data, mostly bad. I think all three revisions are a little too conservative but we'll see. |
I think a target of 20 millions units of Wii shipped is actually in line with reality....
The new software targets might be a bit conservative though....
I'm not sure why DS SW was lowered in particular. The attach rate went up alot with the DSi for a system with such a massive base. DS sw was 40m+ this quarter much higher than I expected.
People are difficult to govern because they have too much knowledge.
When there are more laws, there are more criminals.
- Lao Tzu
I don't follow handhelds so no clue :p
Wii hardware does make perfect sense.
Right now they are 4.2 million units or so behind last year at the same time.
October will be like 2008, November will be lower despite NSMBWii.
December will be same or better than 2008 and Q1 2010 will be lower than Q1 2009...
So 20 millions make sense.. Most likely they will end up doing 20.5 millions units or so...
TheSource said: Yeah, check out my article on the front page. Lots of interesting data, mostly bad. I think all three revisions are a little too conservative but we'll see. |
Link?
Noobie said:
Link? |
http://news.vgchartz.com/news.php?id=5698
So when can we expect Sony's?
I think Sony may also lower their 13m forecast for PS3 if they didn't ship 3+m last quarter.
Carl2291 said:
http://news.vgchartz.com/news.php?id=5698 So when can we expect Sony's? |
Sony's website says there will be a presentation of their Q2 fiscal year 2009 earnings announcement October 30 17:20 and they'll release related materials at 15:00 JST