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Forums - Nintendo - Nintendo lowered their Wii shipment forecasts by 1 million

NJ5 on 29 January 2009

The previous forecast was 27.5 million:

http://www.nintendo.co.jp/ir/pdf/2008/081030e.pdf (page 11)

Now it's at 26.5 million:

http://www.nintendo.co.jp/ir/pdf/2009/090129e.pdf (page 11)

The software sales forecast was lowered from 200 million to 193 million.

Are they just being cautious, or do they think sales will actually be lower than expected? Does this have anything to do with the low December sales in USA according to NPD?

PS: The DS hardware forecast was changed upwards by 1 million, but software went from 207m to 193m.

 



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mike_intellivision on 29 January 2009

My guess it is bowing to the yen of the global economic climate.

Mike from Morgantown

(Recession slowing sales plus yen valuation causing market distortions.)



      


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FishyJoe on 29 January 2009

They are really conservative, so it wouldn't surprise me if they cut back production if they are feel they are meeting the demand curve. We'll have to see once the next quarter's result comes out.



Gamerace on 29 January 2009

Nintendo is always very conservative with their numbers, they are probably just accounting for any possible drop due to recession.



 

radha on 29 January 2009

this guys is full of fail

"Michael Pachter expects Wii and DS shipment projections to be bumped up this week when Nintendo reports its earnings through Dec. 31, 2008. Despite the bump in sales, Nintendo will earn less than expected due to the strong Yen. "

how can this analyst get so many things wrong and keep he job? he said they will forecast 1M and the forecast is 1m less



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famousringo on 29 January 2009

Pachter predicted an increase, so Nintendo had to quickly move in the opposite direction. ;P



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darthdevidem01 on 29 January 2009

lol so the opposite of what Pachter says DOES happen!



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exindguy on 29 January 2009

I seem to recall that nintendo has done this on myriad occasions in the past, so my guess is (as others have noted) is that they're hedging based on the yen and the global economy.




Tecmo on 29 January 2009
mike_intellivision said:
My guess it is bowing to the yen of the global economic climate.

Mike from Morgantown

(Recession slowing sales plus yen valuation causing market distortions.)

 

agreed....it's the recession and the yen



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NJ5 on 29 January 2009

What does the yen have to do with it? That would impact the financial forecasts, not the shipment ones.



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