Nintendo eyes 62 percent profit rise in '06/07
- Thread starter Teasy
- Start date
Apparently Nintendo has no idea what they are doing.....
Exactly.
These guys should have been posting triple digit profit increases in their games division by now like Sony and MS.
Rainbow Man
Veteran
I genuinely think we're looking at the spooky prospect of Wii actually wiiningcool this round of consoles ("victory" defined as greatest # of units sold). And if lacklustre PS3 sales continue sony's going to get soundly beaten by MS.
I truly did nt expect that could be possible.
Nintendo had gotten so good at screwing up their stationary consoles over the last couple generations.
Man how things change don't they.
Peace.
cool this round of consoles ("victory" defined as greatest # of units sold). And if lacklustre PS3 sales continue sony's going to get soundly beaten by MS.I truly did nt expect that could be possible.
Nintendo had gotten so good at screwing up their stationary consoles over the last couple generations.
Man how things change don't they.
Peace.
A small correction to the above. I know some have tried to spin the Wii cost but it is pretty clear to me based on what is in the box (and constrated with the GCN) that Nintendo is making out nicely on Wii hardware. $2.2B, while strongly driven by the NDS, is indicative that they are not getting bitten by hardware costs.
DuckThor Evil
Legend
I'll check your nicely and raise you with very nicely.
Well, I triple trump double dog check no paybacks your "very nicely" with "very, very nicely".
Interestingly, $2.2B is huge. It puts into perspective the potential windfall a company can have by market dominance and growth which puts into perspective losses we have seen at times from all the companies. e.g. Sony's recent losses could be sizably offset by such (and to point, past PS sales do that and much more); two years of such revenue could almost put the entire Xbox division in the black for its lifetime.Rainbow Man
Veteran
When did Nintendo actually post a yearly loss? I think they've always been profitable for the foreseeable past.
Sony I don't know. I think the gaming division posted some loss before PS3 launch due to all the inventory sitting there unsold. Hasn't MS's gaming division almost always been completely unprofitable with exception to when the Halos launched or somesuch?
Maybe they are making profits now I haven't seen any thread about it for a long time. If not considering brisk 360 sales they can't be doing thinhgs right..
Peace.
They had a quarter during the GC era in which they've posted a loss, IIRC.
tongue_of_colicab
Veteran
Wasnt that about 2 years ago when alot of money went into DS and Wii but little came into nintendo because the Cube was basically dead? I believe that was actually the only time ever nintendo made a loss.
DuckThor Evil
Legend
Well, I triple trump double dog check no paybacks your "very nicely" with "very, very nicely".
Hmm... Mr Bigglesworth is getting upset.
/hand hovers over the button
That's true however it might be difficult for these two heavy infrastructure companies to achieve those numbers in their console business with their cost structure and all. I think Sony is going to lose some of it's marketshare and MS will gain some, but not enough to make a killing. I have some pet peeves with the Wii hardware, but I have to give utmost rispect to them on their ability to turn somewhat low risk and low cost strategy to such a gold mine. It looks so easy... but it ain't.
Last edited by a moderator: