Yes the Wii U sold 3 million units, but...

#31icarus231Posted 1/30/2013 8:53:58 AM
excitebike64 posted...
icarus231 posted...
ElectricKaibutu posted...
icarus231 posted...
Quit trolling nintendo just announced the are upping their expeected profit.

http://www.nytimes.com/2013/01/31/technology/nintendo-warns-of-weak-wii-u-sales.html?_r=0


From that link:
Net profit from April to December came to 14.55 billion, or $160 million, compared with a 48.35 billion loss in the same period last year, the company said in an earnings announcement that painted a mixed picture of its prospects.

The company raised its profit forecast for the business year through March to 14 billion, from 6 billion. Nintendo does not break out quarterly results.

Looks goodish?


Profit is always better then loss.


Not always true in big business. From Target, to Walmart, to electronic companies... a loss is sometimes done on purpose to boost future sales. Tacky, but Nintendo aims for direct profit more than most console companies.... which means a lot of net loss for MS and Sony when they launch.


Thats why they also have a 20billion yen operating loss to post which is part of why they are making a profit.
#32AceProsecutorPosted 1/30/2013 8:54:45 AM
Lol at this topic

http://www.gamespot.com/news/nintendo-slices-wii-u-sales-forecast-but-expects-to-return-to-profit-6403117

Nintendo expects to make a net profit (yes, profit) of 14 billion yen, or 2.2 billion dollars. That's AFTER the Wii U's expected sales projection cut from 5.5 million to 4 million. So no loss, but indeed I'll repeat again: profit.
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#33excitebike64Posted 1/30/2013 9:02:45 AM
Just saying, in big business, to get ahead means to lose sometimes. In retail, clothing is often destroyed (not even donated) to help sells for future clothing.

Target is notorious to throw away and destroy all display models.
#34icarus231Posted 1/30/2013 9:06:05 AM
excitebike64 posted...
Just saying, in big business, to get ahead means to lose sometimes. In retail, clothing is often destroyed (not even donated) to help sells for future clothing.

Target is notorious to throw away and destroy all display models.


Yep we took sledge hammers to stuff at compusa
#35Nice_Kirbyfan9(Topic Creator)Posted 1/30/2013 9:19:01 AM
Dance.
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#36Nice_Kirbyfan9(Topic Creator)Posted 1/30/2013 9:22:53 AM
Nintendo goes from making a lot of money, to steadily losing more and more money.

Lulz nintendo is purposefully taking a loss because even if they sell their consoles for a gain (or in the wii u case 1 game sales push it into a gain) they have decided losing money is better than making it...

It is not because of the poor sales of their home consoles or anything... No never that.
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#37MegagunstarmanPosted 1/30/2013 9:26:38 AM
Nice_Kirbyfan9 posted...
Dance.


lol
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#38RusmurfPosted 1/30/2013 9:33:53 AM
They had to revise their profit forecast down, by almost 50%. It's bad financial news all around for them. Will they be ok? Yes, they are fine. Do they need a kick in the ass? Yes.
#39Nice_Kirbyfan9(Topic Creator)Posted 1/30/2013 9:36:37 AM
From: Rusmurf | #038
They had to revise their profit forecast down, by almost 50%. It's bad financial news all around for them. Will they be ok? Yes, they are fine. Do they need a kick in the ass? Yes.

Pretty much this. They are not dooooooomed, but things are not as peachy as they (and the fanboys) would like.
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#40icarus231Posted 1/30/2013 9:39:48 AM
Rusmurf posted...
They had to revise their profit forecast down, by almost 50%. It's bad financial news all around for them. Will they be ok? Yes, they are fine. Do they need a kick in the ass? Yes.


It went from 6bil to 14 bil yen how is that a decrease