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NWR Interactive => TalkBack => Topic started by: Shaymin on October 25, 2016, 08:44:00 PM

Title: Nintendo Releases 2nd Quarter Financial Results
Post by: Shaymin on October 25, 2016, 08:44:00 PM

For it's one, two, six hundred million from the old ball team

http://www.nintendoworldreport.com/news/43578/nintendo-releases-2nd-quarter-financial-results

Nintendo released their financial results at the close of the Japanese business day earlier today, and some significant events led to a operating loss in the quarter.

The key financial indicators, with US conversions at current market rates:

Notably, Nintendo has lowered forecasts for sales by 30m yen, operating income by 15m yen, and net income (with currency) of 35m yen.

Strong sales performers in the quarter included Kirby Planet Robobot selling over a million copies, Pokémon XY reaching 15.64 million combined to pass Pokémon Black and White, and Omega Ruby/Alpha Sapphire passing Heart Gold/Soul Silver with 13.18m units sold. Mario Kart 8 has also crossed the 8 million mark on Wii U.

The release schedule features no Switch information, but Devilish Brain Training is still listed for Europe and Project Giant Robot for all territories. Miitopia also lists a 2016 release date for Japan.

Title: Re: Nintendo Releases 2nd Quarter Financial Results
Post by: Lemonade on October 26, 2016, 05:12:54 AM
Only half a million Wii Us in a whole year? Thats sad.
Title: Re: Nintendo Releases 2nd Quarter Financial Results
Post by: Soren on October 26, 2016, 08:41:43 AM
Given that the forecast was 800k for the year I'm actually impressed they sold 70% of their forecast before the holidays, without a price cut.
Title: Re: Nintendo Releases 2nd Quarter Financial Results
Post by: Luigi Dude on October 26, 2016, 12:45:20 PM
Quote from: Lemonade on October 26, 2016, 05:12:54 AM
Only half a million Wii Us in a whole year? Thats sad.

And why exactly are people suppose to be buying the thing this year?  There hasn't been a price cut and nothing they've released for it is going to appeal to anyone that hasn't bought the system yet.  The fact they're only shipping 800k the entire fiscal year, which includes the holiday season and early 2017 shows Nintendo knows the thing is dead.  Those sales aren't any skin of their back since they're already focusing all efforts on the Switch.
Title: Re: Nintendo Releases 2nd Quarter Financial Results
Post by: supermario2k on October 26, 2016, 01:23:46 PM
So we can already calculate Wii U total lifetime sales. If they stopped manufacturing and sales end once they run out, that means there won't be more to sell after March right? So it beat Dreamcast, are there any other consoles that did better than Dreamcast it passed? I know it won't come close to Game Cube now. That is sad if you think about it, selling half of what their last worst selling home console sold.
I wonder how it compares to PC Engine.
Title: Re: Nintendo Releases 2nd Quarter Financial Results
Post by: Mop it up on October 26, 2016, 02:22:13 PM
Quote from: Soren on October 26, 2016, 08:41:43 AM
Given that the forecast was 800k for the year I'm actually impressed they sold 70% of their forecast before the holidays, without a price cut.
Yeah, it makes me wonder how many they have left for the holiday season and if they decided to produce any more than the estimate. Though, I guess they don't necessarily want people to buy a Wii U now as it would be more beneficial for those people to wait and buy the NSwitch.
Title: Re: Nintendo Releases 2nd Quarter Financial Results
Post by: Ian Sane on October 26, 2016, 04:17:16 PM
Since the Switch is not backwards compatible there actually is value in buying a Wii U still.  Though I think those on the fence would need a discounted price to do so.
Title: Re: Nintendo Releases 2nd Quarter Financial Results
Post by: Mop it up on October 26, 2016, 04:46:24 PM
I was talking in terms of Nintendo, so Nintendo would prefer people buy the NSwitch over a Wii U. If they have to choose that is, I'm sure Nintendo would prefer people buy both! ;)
Title: Re: Nintendo Releases 2nd Quarter Financial Results
Post by: Soren on October 26, 2016, 08:52:26 PM
I would wager that next year they'll forecast 200k and that will be the last of it. Maybe then they'll cut the price.