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Bloomberg: Nintendo to announce 18.7 Billion Yen loss for the fiscal year
- Thread starter Mihael Mello Keehl
- Start date
Bronetta
Ask me about the moon landing or the temperature at which jet fuel burns. You may be surprised at what you learn.
Considering Wii U is at rock bottom, there's nowhere to go from here but up. Is R&D for a new console factored into these losses?
While we're on this topic: How many years did Sony post losses after the PS3 release?
While we're on this topic: How many years did Sony post losses after the PS3 release?
nckillthegrimace
Member
But the loss is much smaller than last year's. Did all the other kneejerk posts in the thread embolden you?
Where the yen is now is more normal, actually.
TreasureHunterG
Banned
I didn't know Nintendo was all about just five people.
shinobi602
Member
Dion Blaster
Member
As someone who doesn't own a Wii U yet I hope they don't rush games out. I don't want another Sunshine or Wind Waker situation.
StreetsAhead
Member
Because it bears repeating. Cheese is right.
Some people told me it's because if Iwata goes the new president will focus on better tech meaning Wii 3 being more powerful than PS5/X1080 like the old days of Nintendo having the more powerful system.
shinobi602
Member
wat
Azelover
Titanic was called the Ship of Dreams, and it was. It really was.
Iwata said Nintendo wouldn't go third party while he was leading the company, so there you go. The people controling the lines of popularity are probably deliberately pushing Iwata over the edge so Nintendo can get a new president and go third party. I hope it doesn't work.
this is what makes me think they are releasing everything they've fucking got this year. pokemon, zelda, mario kart, yoshi, mario & luigi, mario wii u- anything and everything. they have to do this because there's no other way they're making $1b or coming close to it.
i'm really interested in their projections for the wii u. i'm guessing 10m for the fiscal year.
Schnozberry
Member
Sony posted a $114 million dollar loss as well. They lost $6.4 billion the same time last year. Hopefully both companies turn it around this fiscal year.
Father_Brain
Banned
I would not assume that, provided the next quarter or two is bad enough.
JordanLMiller
Member
Cut dungeons and whatnot to meet deadlines.
StreetsAhead
Member
The Bloomberg article predicts they will return to profit.
Iacobellis
Junior Member
krypt0nian
Banned
Big sword or short short, Iwata?
That software ain't showin up for a while. It took a while for the 3DS to get its software lineup to the level that it is today compared to the spare launch offerings that consisted of games like pilotwings and steel diver. It's just not going to happen until at least 2014.
I wasn't talking about numbers.
MicroByter
Member
Step 1 -release as many classic Virtual console games for every legacy Nintendo or comparable system to the 3DS and Wii u eshops
Step 2 - find out what's missing still
Step 3 - fill in those gaps and release more classics
Step 4 - remove the stupid download to 1 system only restriction and move to a unified account system with shared points.
Step 5 - take my freaking monies!
Step 2 - find out what's missing still
Step 3 - fill in those gaps and release more classics
Step 4 - remove the stupid download to 1 system only restriction and move to a unified account system with shared points.
Step 5 - take my freaking monies!
They were both rushed games. Especially wind waker.
Dion Blaster
Member
They weren't as good as they could have been. Nintendo admitted they were both rushed.
Emphasis on the word "situation". The games still turned out fine enough.
grimshawish
Banned
Assets in different countries changing value was the explanation last time.
I'm unsure if that includes money held in foreign currency though; which would be good. Or if its just things like the value of buildings or something.
metalslimer
Member
What is hard to get? WW was rushed out leading to missing dungeons. Also, to be honest i expected a lot worse although iwata should still go.
airmangataosenai
Member
Bububu, the Wii U doesn't make them lose their profits!
panic mode nintendo is: price drop a few months after release, third-party partnerships (with major franchises), and rushed games. it's not very fun. well, the first one is beneficial for consumers at least.
You can pry my ciabatta from my cold, dead hands.
I'm guessing the $14 billion figure comes from Nintendo's third quarter forecasts?
http://www.nintendo.co.jp/ir/pdf/2013/130130_2e.pdf
Yeah, they forecast a $20 billion operating loss and $14 billion net income.
So ... just as keikaku
and then in 2012 they released like 3 games. terrible year for the system.
I wonder how much they expected NSMB2 to sell.
peanutbutterlatte
Member
If Wii U Zelda ends up being half as good as Wind Waker, who gives a shit.
fluffydelusions
Member
R&D maybe? I dunno.
After years of record gains with the Wii and DS, now a loss... Oh, how unusual!
3DS started rough, so they made some losses. Wii U is starting rough, that adds to that as well.
3DS is becoming a powerhouse soon, so they'll be making a lot of money again (though maybe not as much as they did with the DS)
At the 2nd half of this year, the Wii U will see some significant improvements in sales, since a lot of good games will come out.
I've said it million times, but I don't know what people expect. They only see the numbers, but don't actually know what it means.
But I understand why this thread will be a lot of fun for the unusal GAF trolls.
Still, NO, Nintendo is not doomed *yawn*
3DS started rough, so they made some losses. Wii U is starting rough, that adds to that as well.
3DS is becoming a powerhouse soon, so they'll be making a lot of money again (though maybe not as much as they did with the DS)
At the 2nd half of this year, the Wii U will see some significant improvements in sales, since a lot of good games will come out.
I've said it million times, but I don't know what people expect. They only see the numbers, but don't actually know what it means.
But I understand why this thread will be a lot of fun for the unusal GAF trolls.
Still, NO, Nintendo is not doomed *yawn*
You forgot point 4. Allocate all resources to a multitude of games to be released in 2 years ala 3ds.
nckillthegrimace
Member
He means that he doesn't want to play mediocre games cloaked in the tattered vestiges of greatness.
Smash Bros in March, Sakurai to get robot arm.
fluffydelusions
Member
Yep
krypt0nian
Banned
Wind Waker was ultimately wonderfully charming, but not that great of a game IMO.
metalslimer
Member
I'm sorry who said this again? Even Nintendo projected their profits to be wiped out by wiiu and that was before it sold as bad as it did in q1.
Mihael Mello Keehl
Banned
I give a shit because I want the best Zelda ever.
shinobi602
Member
Well, it's somewhat less usual for CEOs to get the boot without it coinciding with a fiscal year, though far from unheard of.
Dammit, spent the last twenty minutes looking for that gif so I could post it.
Quoting because a lot of people in here are proving they don't read statements well enough to know right here is where the facts are.
Posts like these are why I come into these threads.