Nintendo q3 profits down 46% cuts console sales projectiions

Discussion in 'General Gaming' started by lvsteven, Jan 28, 2011.

  1. lvsteven

    lvsteven Robust Member

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    Unfortunate but:

    Full story:
    http://www.engadget.com/2011/01/27/nintendo-q3-profits-down-46-percent-slashes-console-sales-proje/
     
  2. jp.

    jp. Be Attitude For Gains

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    When everyone on the planet owns 2 Wiis and 10 DSs, I'm not sure what exactly they expect.
     
  3. Shadowlayer

    Shadowlayer KEEPIN' I.T. REAL!!

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    The problem at least with the Wii is that ninty makes a lot of money on every unit sold, and most people buy it just for the pack-in game, and maybe one more.

    Now that the market its saturated ninty makes no money since apparently nobody gets tired of playing wiisports all day.
     
  4. Druidic teacher

    Druidic teacher Officer at Arms

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    x
     
    Last edited: Jun 22, 2017
  5. jp.

    jp. Be Attitude For Gains

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    Eh, more like it winds up collecting dust after most people spend a week with it.


    Though to be fair, the past year has been pretty damn good for Wii gaming.
     
  6. lvsteven

    lvsteven Robust Member

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    The wii to me is like a cool toy you buy and use a bit but that's about it.
    The first party games are awesome, but why else use it?
     
  7. 1080Peter

    1080Peter everyone knows ps3 make the best games

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    I dunno. I'm excited to be a Wii owner right now. But I also experienced a long drought where I was genuinely disinterested in much out there. Now, I have an incredible backlog of games to tend to. I'm lovin it
     
  8. Alchy

    Alchy Illustrious Member

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    Haha, this. I love how it manages to get spun into doom and gloom, like selling ~40 million units in a year (combined) is a bad thing.
     
  9. lvsteven

    lvsteven Robust Member

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    Well earning a BILLION DOLLARS less than last year is actually very bad.
     
  10. Jamtex

    Jamtex Adult Orientated Mahjong Connoisseur

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    The strong yen accounts for 84 billion yen of their losses, which is over 1 billion dollars... so all they have to do is find some way to get the Japanese government to deflated the strength of the yen and every thing will be better....

    But again they still have 1.76 Trillion yen in assets...That is 214.3 billion dollars or 4.202 quadrillion Vietnamese dong.That is more then the GDP or Nigeria, Ireland and Israel or Chile. One doesn't think Nintendo will be worried just yet.

    Also their sales for this quarter is higher then it was back in 2006...
     
    Last edited: Jan 29, 2011
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