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[DaBuddaDa]

About 18 million dollars...

$188.4 million USD actually.

 

[duckroll]

How many more apologies can Iwata make to shareholders before he just has to say "fuck it, I'm out"?

 

[StreetsAhead]

So much for that 100 billion goal.

Last years financials will have very little effect on this years.

EDIT: They lost money the first two quarters, maybe the last one. Q3 was in profit purely because of re-evaluation of assests thanks to stronger yen/weaker foreign currencies. If they lost 18 billion yen, the article is saying it's for the entire FY and not just Q4.

 

[Frodo]

Wasn't this pretty much expected?

 

[Tecl0n]

Iwatout.

 

[GiantEnemyGoomba]

Is this a larger or smaller loss than last year. That's the context I need before I choose which Iwata meme to use.

Smaller. I believe last year's was ~38billion.

Iwata on suicide resignation watch

C'mon :/

 

[Tagg9]

 

[BLACK AMERICAN PSYCHO]

good bye iwata

 

[shinobi602]

 

[ari]

This is what happens when you don't release games.

.

 

[Valkyria]

I was wrong.

 

[Rösti]

No specific time? When is the meeting though when they talk about future product and changes? Is it the same day?

I think previous earnings releases have been distributed at 10:00 a.m. JST, though I could be wrong. When the conference call happens I don't know.

 

[Axspell]

Gotta sort out that Wii U, guys.

 

[serplux]

Also from the article:

"While Nintendo struggles with its main business, a weakening of the yen may give some relief, as it boosts the value of overseas earnings. The Japanese currency has depreciated about 13 percent against the U.S. dollar this year and touched a four-year low of 99.95 on April 11.
That may enable the company to post net income of 14 billion yen tomorrow, the company said in January."

 

[Pikma]

Iwata resignation incoming?

I hope not, not until they release Earthbound, at least.

 

[bigtroyjon]

More accurate title would be

Analysts estimate Nintendo's FY loss at 18.7 billion Yen.

 

[AdventureRacing]

Considering that the wii U has just straight up flopped i'm surprised it's not worse really.

 

[PAULINK]

Don't look at me, I bought a Wii u.

 

[fluffydelusions]

dat Wii U

 

[Meelow]

I was wrong.

They all got hurt badly in this change.

Nintendo lost less than they did last year.

 

[frankie_baby]

ms/sony could only dream about losses that small when they last launched consoles

 

[P44]

Does that mean he has to drop a bomb at the investors meeting to get investors off his back?

 

[antonz]

Considering that the wii U has just straight up flopped i'm surprised it's not worse really.

Believe it or not the Wii U selling better would likely increases losses in the short term due to the software situation as the hardware is not a moneymaker

 

[tkscz]

Ok, why does gaf hate Iwata so much?

 

[MoeB]

bad ceo

 

[Honey Bunny]

Hey that's~ way less than last year~

 

[ffdgh]

Hmm this isn't as bad as last year right? But yeah.....ouch.

 

[Dead Prince]

E3 will be amazing though

 

[Skyzard]

Seems like I'm missing something - Wii = flush with cash. __time + no games__ Broke as shit. Seems like they spent way too much developing the Wii U or they paid themselves for the Wii.

 

[Community Forum]

I have a solution... Nintendo should make only portable game systems, and Sony should stop making portables. Microsoft can make their TiVo. Done.

 

[Richie]

For the year started April 1, Nintendo may post operating income of 70 billion-yen, according to the average of 19 estimates -- short of a target he said was a personal “commitment.”

Confused here. Wouldn't these be positive news?

 

[Pikma]

Does that mean he has to drop a bomb at the investors meeting to get investors off his back?

I fucking hope so.

I have a solution... Nintendo should make only portable game systems, and Sony should stop making portables.

Hey, shut up, that makes too much sense.

 

[outunderthestars]

No you won't. Get out and take Reggie with you.

 

[EmCeeGramr]

I think it's actually not as bad as their results last year. I think they lost ~$500MM last year?

Interested to see their revenue.

FOR IMMEDIATE RELEASE: NINTENDO DOING TWICE AS WELL AS LAST YEAR

 

[JazzmanZ]

Ok, why does gaf hat Iwata so much?

Because its NeoGAF

 

[Mihael Mello Keehl]

Also from the article:

"While Nintendo struggles with its main business, a weakening of the yen may give some relief, as it boosts the value of overseas earnings. The Japanese currency has depreciated about 13 percent against the U.S. dollar this year and touched a four-year low of 99.95 on April 11.
That may enable the company to post net income of 14 billion yen tomorrow, the company said in January."

added to op

Ok, why does gaf hat Iwata so much?

Its trendy

 

[A Human Becoming]

I was wrong.

Actually isn't this the second year in a row?

Edit: He changed his post!

 

[PoweredBySoy]

$99

 

[tkscz]

No you won't. Get out and take Reggie with you.

What is this hate for them? What is it?

 

[HoJu]

not for long

 

[FinalFanXtreme]

What did they expect? I for one am a HUGE Wii Sports fan, but we haven't heard of any such thing coming out on Wii U.

This launch was surprisingly more botched than the 3DS launch. At least within the first six months Nintendo had some decent software out. Wii U has rehashed software, and stuff that isn't appealing to most users.

Even Monster Hunter has already been made before... we need fresh titles, and we need them now, Nintendo's only hope is themselves.

 

[Meelow]

added to op

I think the title should say "188.8 million" before people start thinking Nintendo lost $18.7 billion dollars.

 

[Drencrom]

C'mon :/

It's just a silly joke

 

[abstract alien]

Fuck, I really hope they just misplaced a number or something. Good lord...

I think the title should say "188.8 million" before people start thinking Nintendo lost $18.7 billion dollars.

Thank you. Shit lol

 

[nckillthegrimace]

The weak yen is going to save Iwata's job.

 

[EloquentM]

I'll wait to read the thread until all the knee jerk reactions are done with before any actual discussion is sparked. A loss is a loss though.

 

[Jade Knight 08]

Ouch!!!!

So, i wonder how much money loss does it takes for Iwata to resign?

 

[gryz]

Seems like I'm missing something - Wii = flush with cash. __time + no games__ Broke as shit. Seems like they spent way too much developing the Wii U or they paid themselves for the Wii.

they're not anywhere close to broke

 

[BowieZ]

So yeah that means one thing:

PANIC MODE ANNOUNCEMENTS!!! Yes!!

 

[EmCeeGramr]

So yeah that means one thing:

PANIC MODE ANNOUNCEMENTS!!! Yes!!

How many more announcements can they make?