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Nintendo Gaming / Nintendo lowers profit expectations... again
« on: April 07, 2003, 05:00:42 PM »
Ming --
Your numbers are false. Nintendo projected to sell 10 million for fiscal 2002-03 *alone* (not total userbase). At one point last year, Nintendo actually raised this to 12 million before dropping it again to 10 million. In January Mr. Iwata warned that sales would be off by 10% or so, I think this was more of a pre-emptive PR move to warn stockholders that sales would be lower than expected without really letting on how bad things were.
The GameCube really experienced little growth in North America and actually managed to sell less in Japan in fiscal 02-03, despite having a full 12 months on store shelves and games like two new Bio Hazards, Mario Sunshine, Zelda: TWW, Mario Party IV, etc.
Your numbers are false. Nintendo projected to sell 10 million for fiscal 2002-03 *alone* (not total userbase). At one point last year, Nintendo actually raised this to 12 million before dropping it again to 10 million. In January Mr. Iwata warned that sales would be off by 10% or so, I think this was more of a pre-emptive PR move to warn stockholders that sales would be lower than expected without really letting on how bad things were.
The GameCube really experienced little growth in North America and actually managed to sell less in Japan in fiscal 02-03, despite having a full 12 months on store shelves and games like two new Bio Hazards, Mario Sunshine, Zelda: TWW, Mario Party IV, etc.
