bigtroyjon
Member
I think the title should say "188.8 million" before people start thinking Nintendo lost $18.7 billion dollars.
So should the title be updated every 5 seconds as the exchange rate changes?
I think the title should say "188.8 million" before people start thinking Nintendo lost $18.7 billion dollars.
So yeah that means one thing:
PANIC MODE ANNOUNCEMENTS!!! Yes!!
So should the title be updated every 5 seconds as the exchange rate changes?
How many more announcements can they make?
they're not anywhere close to broke
ITmedia said:At an analysts' meeting on the 31st, Nintendo President Satoru Iwata (53) implied that there is a possibility that he may resign if he is unable to achieve 100 billion yen (US$1.09963 billion) in operating income for the next fiscal year. The company had recently revised its forecast for operating income for the full year ending March 31, 2013 to -20 billion yen (US$220.144 million), making the goal a high hurdle. Iwata aimed to appeal to investors by putting himself on the line to recover the business.
You can put a range for the amount.So should the title be updated every 5 seconds as the exchange rate changes?
Well it say yen. People should readI think the title should say "188.8 million" before people start thinking Nintendo lost $18.7 billion dollars.
Ok, why does gaf hate Iwata so much?
Another year, another loss and this time a big one. Things don't look good for the future either.
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."
Another year, another loss and this time a big one. Things don't look good for the future either.
Nintendo NEEDS a major company direction shake up. Iwata, Miyamoto, Shibata, Takeda and Reggie needs to leave.
Why are people acting like something has changed since their last release?
Well that counters the times their income was deflated by the strengthening of the yen.So their income is artificially inflated due to weakening of the currency? Great.
How many more announcements can they make?
What is this hate for them? What is it?
Ouch.
Time to clean house a bit.
Please post in the opSince most people here apparently didn't read the ITmedia article, allow me to quote it:
http://m.neogaf.com/showthread.php?t=510925
The 100 billion yen operating income goal is for the fiscal year that just started.
If Iwata were to step down, who would replace him?
Another year, another loss and this time a big one. Things don't look good for the future either.
Nintendo NEEDS a major company direction shake up. Iwata, Miyamoto, Shibata, Takeda and Reggie needs to leave.
So their income is artificially inflated due to weakening of the currency? Great.
If Iwata were to step down, who would replace him?
Well, losses are bad, but this was expected. Iwata's not resigning over this.
GAF needs a scapegoat. Used to be Reggie, but they've graduated up to Iwata now.
It's the only way to be sure.Top level has to go entirely.
So their income is artificially inflated due to weakening of the currency? Great.
Luigi.
Anticipating alot of great software from Panic Mode Nintendo.