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Forums - Nintendo - Nintendo's First-Quarter Profit Rises Fivefold on Wii, DS Sales

RolStoppable said:

And what if these 16.5m shipped Wiis is still a conservative estimate and Nintendo is able to produce even more Wiis this fiscal year? They may rise their forecasts again in October! 

I expect they will up their forecasts again, even if slightly. If things are going your way, that's what you do: you underestimate a bit, and then keep the good news coming. Far better than risking any disappointment.



Reality has a Nintendo bias.
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IMO, they are still underestimating by a lot. If you simply plug in 2007 Q2-Q4 numbers and add them to Q1 2008 you get a projected profit of 238,990 million.

So all they have to do is make an additional 6 million yen for Q2-Q4 compared to last year to make their current estimate of 245,000 million yen. Heck, they've probably blown by that number already.



Yep they definitely raised their Wii forecasts over last time, I was right and several news sites are reporting it, although it's higher than 25 milling more like 25.7 but I just said 25 anyway.