Nintendo is coming off of a pretty rough fiscal year, posting an anticipated loss of ¥65 billion ($839M) despite strong sales for Super Mario 3D Land and Mario Kart 7.
People are trying to spin this data despite the fact that the competition has lost billions of (US) dollars since 2008. One company has a product that has never been profitable since its release. (Selling for a profit and being profitable are two different things.) People will tell you Nintendo is selling the 3DS at a loss, which they are not. They just took a loss when they did the price cut. Cost of Goods and distribution is still around $100 US. Unless you're a shareholder you never hear this stuff. You only hear what gets filtered through the press. Either way its fascinating stuff, and losing $800+ milion is no laughing matter, despite the horrid condition of one of your competitors.
They still have a hell of a lot of money. It always makes me laugh, Nintendo has 1 loss in 30 years and is dead, Sony loses billions for years and is ok, despite having less cash and a huge debt. Nintendo has no debt at all.
Sony has more than double the equity of Nintendo, and 11 times as much assets. Sony has much more money than Nintendo
People are infatuated with Sony's financials. They hear a company has hit a rough patch, they can't help but bring up Sony losing blah blah at the start of the gen when it has nothing to do with them at all. They're profitable now, so I guess they turned it around, but this isn't about them. This is about Nintendo. Since they make a crap load of money like you say, I guess they don't have anything to worry about then, right?
That Mario picture is funny looks like the mushroom eating has finally caught up with him in a perma trip. Nintendo will bounce back they always do but the need to think up new ideas and try and tap back into the hardcore gamer that they have forgotten about. I know there are hardcore Mario fans, Zelda fans, and Metroid fans. But Nintendo needs some new characters and some new games that don't just revolve around a plumber.
I think this is good news, because i, a representative of sony fanboys hate nintendo and they deserve to lose lolololol
Samsung is the new king of consumer electronics 17% profit wow tvs and phones outsold everyone last few years their products are getting better and better just announced a massive increase in R&D well done south korea,data was released the same day as nintendo.
I think its pretty much safe to say they will make a profit next year, the 3ds will be selling at a profit, the game sales are increasing, and rnd will finally be settled when the Wii U releases. Its not even like they had a bad year from a hardware and software standpoint, They sold over 220 million software units and over 25 million Hardware units. Their handheld software and hardware units increased as well from last year. Just a combination of RND, selling at loss for the 3DS, and Exchange was just the perfect mixture for a bad year.
what are you talking about? the wii's sales dropped about 33% in 2011 while their portable hardware (ds & 3ds) has risen about 8%. they sold a lot less in 2011 than they did in 2010. btw, i very much doubt that they sold more software in 2011 than they did in 2010, 2010 was a great year for nintendo, lots of releases, 2011 barely had any. i also doubt that nintendo is selling the 3ds at a loss, show me where they said that also.
http://www.eurogamer.net/ar... http://www.gamasutra.com/vi... http://www.pcmag.com/articl... It is known by almost everyone that the 3DS is selling at a loss, it was even spoken at the investors meeting. Their losses have come from RND, selling the 3DS at a loss, and the exchange. Do you really think hard ware and software sales is the issue here? Back in the gamecube days, their consoles at some point struggled to get 15 million and their software sales were half of what 2011 had, yet they still made a profit. and BTW, I said HANDHELD hardware increased, not consoles overall. learn to read
The situation is they will make profit this fiscal year in 2011 they sold the most software and hardware of any company Things really arent that dire
nintendo is doing badly, thats not relative. thats nintendo. quoting how any other company is doing when youre discussing nintendo financials is ridiculous. nintendo didnt do poorly because of sony or microsoft, nintendo did poorly because of nintnedo, is nintendo doing better than other companies? maybe, maybe not, its almost completely irrelevant to nintendos fiscals.
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