zomgbbqftw
Banned
The Bloomberg survey gave a 14bn predicted net profit on an 18bn operating loss. Nintendo missed all analyst targets with a 7bn net profit and 36bn operating loss.
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Nintendo FY13: $70M Net Income; WiiU 3.45M, NDS retires, 3DS/WiiU miss expectations
- Thread starter Parmenides
- Start date
The Bloomberg survey gave a 14bn predicted net profit on an 18bn operating loss. Nintendo missed all analyst targets with a 7bn net profit and 36bn operating loss.
Actually the biggest thing Nintendo could do, is license its characters to OLC, for them to use in the New Japanese focused park they(OLC) were wanting to build.
A new Miyamoto character IP could work wonders for them.
Still waiting for the so called "desperate Nintendo" to show up. Give me my ambassador games.
Pie and Beans
Look for me on the local news, I'll be the guy arrested for trying to burn down a Nintendo exec's house.
Shipped. Basically WiiU had real troubles selling through its launch shipment globally so theres been very little call for "re-ups".
Schnozberry
Member
If they get enough software out the door, they should. They may need to subsidize the hardware a little more though. I think $249 has to be there target in the US at least for the holiday blitz.
Thanks, name buddy.
And thanks to you even more! Unfortunately, I can't get a legit TTM without quarters. I guess the 14.3/47.05 matches up roughly with the 3DS's 13.95/49.61. That's a much better comp than the NDS.
Um Nintendo's results were WAY worse than what analysts predicted. The operating loss was double what was predicted and net income was half what was predicted.
I don't understand why people are pretending like they somehow beat analyst predictions when Nintendo missed them by more than double across the board.
If I worked in marketing, I'd kill myself.
zomgbbqftw
Banned
Shares are up on Wall Street because of the bullish forecasts and increased dividend.
peanutbutterlatte
Member
If you were as stupid as I gather the Nintendo marketing department is, I gather you would have already done it by accident, maybe by walking into a busy street to pick up a dropped penny, or drinking that funny blue stuff under the sink.
BladeoftheImmortal
Member
Goodnight ds. Ps2 will probably be the highest selling game console forever now that they are pulling the plug for good.
m.i.s.
Banned
People don't read. Or comprehend. Or both.
Yea I'm sure the flocks of casuals are gonna storm retail for Wii Fit U :lol
Wonderful 101 makes more sense, because people actually want it.
Was it actually a 40% drop? Jeez, I thought the 3DS was doing well. It deserves to be.
Are then shares actually up? how can they do worse than predicted and end up on their share prices??
Yes! Celebrate~
The Abominable Snowman
Member
Are you serious?
I knew 3DS was hitting under DS but not by this much. I'm sure it'll rebound later this year, but for now it looks like its far, far, far less profitable than the DS was, with lower sales to boot.I sure hope Nintendo can pull out of this slump.
zomgbbqftw
Banned
Very bullish forecast.
digita1alchemy
Member
They turned the 3DS around, there's no reason to think they can't turn the Wii U around as well, unless they don't show lots of new Wii U software at E3.
Kazuma Kiryu
Member
i really don't think that's gonna happen, they already have wii party U, game & wario and pikmin 3 for the summer, seems to me wii fit U and W101 aren't coming out anytime soon.
off-topic, it's funny how that bloomberg prediction thread was filled with nintendo fans "attacking" everyone else because of their predictions, but they haven't shown up here.
djplaeskool
Member
Nintendo's confidence in their projections for next fiscal year.
Sometimes, it feels like Nintendo's battle is more with their own expectations than with tangible competitors.
Magicpaint
Member
For the quarter yes, but that's because they got burned by a weak Q4 (thus shipping much more than they sold). The sales will most likely improve for the new FY, and remember they were a tiny bit still up overall for the FY (13.53m vs 13.95m).
Silent_Ocarina
Member
If I understand correctly, 3DS is still underperforming. Wii U is doing worse than 3DS ever did, and it'll have to compete with the momentum established by PlayStation 4. Sony seems to be hitting all the right notes. I don't think Nintendo is doomed, but it's really disheartening to see them fall so low.
I can admit that I'm biased in Nintendo's favor, but I already feel ready for a hypothetical Nintendo console that ditches the restrictive GamePad and actually offers a great technological upgrade.
Are you serious?
I sure hope Nintendo can pull out of this slump.
It's fallen behind GBA as well.
TheNatural
My Member!
Breaking a million after being on the market a year isn't that big of a deal. Mario Tennis was apparently horrible and did it.
Sgt.Pepper
Banned
So did the DS ever upped the PS2?
Saint Gregory
Member
It'll have to compete with the what now? You mean the system that we know very little about aside from its specs and the name?
There are going to be a lot of challenges ahead for all new hardware, not just the Wii U, to convince people why they should upgrade from the PS360s many of them purchased only over the last couple years.
Aquamarine
Member
Nintendo DS - Lifetime shipments as of March 31st, 2013 - 153.87 million units
PlayStation 2 - Lifetime shipments as of March 31st, 2012 - 155 million units
So no, not yet.
A Nintendo smartphone would be utter shit and would make the Wii-U and 3DS look like stellar sales successes. I reckon they'd be better served with a hybrid console / handheld.
grimshawish
Banned
Games Shock Horror.
To think that it sold even less at retail...
Wickerbasket
Member
I think he's talking about the Wii U having to compete with the hype from the launch of two new next gen systems, which could be an issue when the Wii U's reception has been lukewarm so far. They could end up over shadowing the Wii U's big holiday releases.
It's just another factor in many that could affect how things go.
Ninja Scooter
Member
There are a lot of reasons to think that. Turnarounds aren't automatic, and the markets that the 3ds and Wii u operate in are completely different. This idea that they did it once so they can easily do it again is silly. The fact that they were even in that position in the first place with the 3ds speaks volumes.
Snapdragon 800 & Android with Nintendo eShop can't fail
And next 3 months will likely be even lower
Evident that the Nintendo fans showed up at launch, but after that, the system struggled to gain any sort of momentum in any of the 3 major markets.
I never thought the Wii U would perform like the Wii, that was sheer insanity, lightning in a bottle, but i did predict before the system launched that it would end up doing 40-50 million at the end of its life, that number does not look realistic now at all
Well localizing Pokemon XY in the west for a same month release as Japan is a huge first start. That should help out a lot.
frankie_baby
Member
Ds figures don't include China (there's little to no chance of ever getting Chinese numbers) but call me optomistic i reckon they couldve sneaked a couple of million there
I don't think a couple of games will help them sell anything. Mario, Zelda etc. aren't system movers on that level. They need a Wii Sports impact title if they're just going to rely on games.
Isn't that the WiiU (and Vita)?
Pie and Beans
Look for me on the local news, I'll be the guy arrested for trying to burn down a Nintendo exec's house.
WiiU GamePad only works in your house. The opposite, and true hybrid would be an even more powerful Vita level portable but with either HDMI out, or a smaller and more cost effective form of the WiiU's streaming to some usb stick in the side of you TV. If its still in DS form factor of course, that could mean three fucking screens at once, CAN YOU IMAGINE?!
With home console sales showing a fairly sharp shrink, and even 3DS not really blowing the bloody doors off, Nintendo is going to have to focus on one area of strength only and thats their dedicated handhelds.
grimshawish
Banned
The Abominable Snowman
Member
Saint Gregory
Member
I'd wait just a little bit to find out more about the other systems before making any assumptions about these things. I'm sure that MS and Sony are going to spend loads of advertising dollars this holiday to hype their launches but we don't know what Nintendo has planned to combat that, if anything, or what negative factors (price, games selection, policies) may impact the PS4/720 hype machines.