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Nintendo cuts profit forecastDVDBack23 @ Jan 29, 2009 20:56 | 6 comments
It is clear to anyone who reads AfterDawn daily or reads the newspapers that the Nintendo Wii is the top selling console, by far, and supply always appears to be low while demand never diminishes. Their previous Q3 earnings results showed that sales were up 21 percent year-on-year from 2007.
In regards to the earnings report, Hiroshi Kamide, a KBC Financial Products analyst added: "Today’s revision suggests that the roaring pace of Wii growth that we’ve seen until now may be over. Perhaps something big has gone wrong, and that people are not buying the machines."
Tell that to the almost 2 million consoles sold in the US in the first 3 weeks of December only. |
According to their latest earnings report, 
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Comment by: Morreale (Jan 30, 2009 03:54) Maybe people are finally realizing that most games on the Wii are crap... I know I have... Just sits their on my shelf, collecting dust... |
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Comment by: DXR88 (Jan 30, 2009 16:17) Nintendo made the mistake of making a system that dosen't break in 5 years what where you thinking. |
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Comment by: SProdigy (Jan 30, 2009 20:46) Originally posted by DXR88: Haha. Pretty much any CE product nowadays breaks. That's why it's only a 1 year warranty, if you're lucky.
Originally posted by Morreale: Really, was that necessary. I won't defend the shovelware or the good titles anymore, I've said enough, but the Wii is getting a large amount of exclusive titles and more devs/publishers are jumping ship to produce for the console, so the amount of kiddie crap and bad ports will be overshadowed in the near future. Let's hope the 3rd party stuff can be as successful as the Big N titles. |
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Comment by: xnonsuchx (Jan 31, 2009 22:37) Yes, "...supply always appears to be low while demand never diminishes..." Key word there is APPEARS! Nintendo are a big bunch of liars when it comes to their excuses about supply issues. They purposely and artificially keep supply low to inflate demand and not have to cut the price, while they always have THOUSANDS just sitting in warehouses waiting to trickle out. Maybe good marketing-wise for them, but it's wholly dishonest to apparently not care about the consumers that much. |
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Comment by: delta36 (Jan 31, 2009 22:56) I'm just glad nobody here is spouting the whole "illegal flash carts are sending Nintendo down the drain! Wake up sheeple!!1!". Personally? Maybe it's the whole "Planet-wide recession" thing that's going on. People are tightening their belts. ~the Cyclo DS is a path to many powers some consider unnatural
~is it possible to learn this power? ~not from Nintendo |
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Comment by: oofRome (Feb 12, 2009 21:26) Originally posted by delta36:
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