Nintendo Profits Fall for the First Time in Six Years

[JMcEntegart]

Nintendo has reported the first drop in profit in six years.

Nintendo Profits Fall for the First Time in Six Years : Read more

 

[N.Broekhuijsen]

not surprised. Nothing particularly new came out in the last while from them...

 

[Firehead2k]

After 6 years of increasing profits it's not extraordinary that profit goes down. $2.4 billion of profit is still a looot of money.

 

[sliem]

This isn't a bad news, it's just a news.
They will gain it back with black wii. Next is transparent wii maybe.

 

[jorberg]

Uh....if a company is posting a profit how is that bad news?

 

[maestintaolius]

[citation][nom]jorberg[/nom]Uh....if a company is posting a profit how is that bad news?[/citation]
Because it'll make nintendo stocks drop. Even if a company is profitable, but not as profitable as analysts hoped, it'll drop the stock price. Much the same line of reasoning that causes a company's stock to go up if it's losing less money than analysts hoped.

 

[Guest]

Not surprised. Maybe they shouldn't have announced SEVERAL handhelds (DSI, DSI XL, 3DS) within a 1.5 year span, all the while keeping the console at high price.
I think the biggest issue: No Pokemans, no sales. Every new platform had a shiny new game to go along with it, except these most recent ones. It's just an observation.

 

[LLJones]

This is a link to showing things you probably did not know about Nintendo. Pretty cool.

http://www.dump.com/?x=0&y=0&s=nintendo

 

[LLJones]

Sorry for the double post. Don't have time to figure the edit.

Did not like link so here it is.

http/www.dump.com/?x=0&y=0&s=nintendo

 

[sliem]

[citation][nom]lljones[/nom]Sorry for the double post. Don't have time to figure the edit.Did not like link so here it is.http/www.dump.com/?x=0&y=0&s=nintendo[/citation]

You know, I can't find the edit link/button anymore under
"Read the comments on the forums"

Did I miss a memo?

 

[dark_lord69]

Yeah, not much from Nintendo lately but I know Super Mario Galaxy 2 will be comming out soon and so is the new Metroid they are working on. The next Zelda is also being made as well. I don't know how soon these games will be release but typically Nintendo makes top rated games that sell well over 1 million copies. I don't expect their profits to dip for very long.

 

[steiner666]

...until the 3DS comes out.

then nintendo will be able to sit around for another 4-6 years and rake in huge profits out of their cheap-to-make but hot-selling console...

 

[orionantares]

[citation][nom]steiner666[/nom]...until the 3DS comes out.then nintendo will be able to sit around for another 4-6 years and rake in huge profits out of their cheap-to-make but hot-selling console...[/citation]

The key to making a profit on game consoles is to make the consoles affordable and the games fun to play. Console manufactures rarely make profit on consoles until near the end of the console's life (or probably never in the case of the PS3), most of their profits come from game sales and licensing fees.

 

[SlickyFats]

um okay. I can't feel sorry for them or even the smallest iota of concern for their share holders mainly because they still turned over 2 billion in profits. I was happy when I had $50 extra after paying bills last week.

 

[Guest]

What does nintendo expect? Everyone owns a ds and or wii already.

 

[gm0n3y]

Maybe people have started to realize that the Wii is overhyped and not really much fun to play?

 

[glubox]

not big news. there are much less people in the retail stores, no sales in retail no profit.

 

[rhino13]

Hey this is the first step toward Nintendo going into the red.
Which needs to happen unless they start cultivating good 3rd party games on their platform!

 

[coldmast]

The Wii has some great first party titles.
It also has some awful third party titles.
The Black Wii is a sign of lower profits. Nintendo should start figuring out how they can keep their market dominance for the next generation of consoles.

 

[geforcepat09]

[citation][nom]maestintaolius[/nom]Because it'll make nintendo stocks drop. Even if a company is profitable, but not as profitable as analysts hoped, it'll drop the stock price. Much the same line of reasoning that causes a company's stock to go up if it's losing less money than analysts hoped.[/citation]
LOL!