https://www.nintendo.co.jp/ir/pdf/2018/180731e.pdf
Page 5
Q1 2017 - 16,208 million yen
Q1 2018 - 30,535 million yen
Page 5
Q1 2017 - 16,208 million yen
Q1 2018 - 30,535 million yen
-
Ever wanted an RSS feed of all your favorite gaming news sites? Go check out our new Gaming Headlines feed! Read more about it here.
-
We have made minor adjustments to how the search bar works on ResetEra. You can read about the changes here.
Nintendo's operating profit increased by 88% year on year
- Thread starter Deleted member 31092
- Start date
88.4%, not 188%.
Funny thing is that Switch HW sales are slightly down (and 3DS is dead), yet they're making even more money.
Funny thing is that Switch HW sales are slightly down (and 3DS is dead), yet they're making even more money.
OP
OP
Kind of expected, there are almost 20 million Switches this year to sell software to and way more software to sell.
And they're still not collecting online subscription payments like the other companies,yet. So it'll just get a lot higher.
With that they beat investor expectations
https://m.nasdaq.com/article/ninten...ions-despite-soft-switch-sales-20180731-00148
https://m.nasdaq.com/article/ninten...ions-despite-soft-switch-sales-20180731-00148
Not that hard....
Besides games like odyssey and splatoon already being payd off and being just profits this year while still selling like cold beverages on the sahara, from their first party games this year there were lots of games that were .... cheaper. Like LABO and DK Tropical Freeze that probably turned profits almost instantly.
OP
OP
Iwata blessed the Switch, he deserves to be in the celebrations gif.
It really is. Can someone explain how it's possible? Is it the Switch hardware+software or another factor?
Switch is a software beast that's really helping them, the Switch fanbase is buying the fuck outta everything. Best selling Zelda, best selling 3D Mario, best selling Kirby since the original Game Boy game in '92, best selling Monolith title, Mario Kart 8DX is probably gonna sell 20+ million as a port, which is insane.
The Wii/DS era was not the be all end all, Nintendo has cultivated a very nice base of die-hard Nintendo fans that are older, have more disposable income, and devour good content like crazy.
OP
OP
Perhaps they got a better deal on parts with the 20m forecast as opposed to the cautious approach they took to the Switch launch
It's fairly simple, they had only 5-6 million Switch owners this time last year, this year they have 19 million or so, and they have a lot more software to sell, there was no Mario Odyessy on store shelves last year for example.
It makes sense for operating profit and revenue to be up. It should be up again this time next year.
OP
OP
.
Didn't even notice it, up too late, but yea, it's a bit distasteful.
But but... how doom are they there? Is it third party doom or stock price drop doom?^_^
https://www.google.pl/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&ved=2ahUKEwiF0OLuhMncAhWB_ywKHa9bBF4QjRx6BAgBEAU&url=https%3A%2F%2Fwww.%2Fthreads%2Fkotaku-uk-for-the-love-of-god-stop-saying-nintendo-is-doomed.1212819%2F&psig=AOvVaw1UyvKLJxpmKxpQ-_uQzTWR&ust=1533116151318589
Doomed, obviously.
This will probably happen judging by how the market is reacting to tech earnings in general.
Is Nintendo doomed?
What's the source for the original gif anyways?
OT: RIP the Short Stock Investor.
HW number didn't seem to suggest a particularly standout quarter, but SW is the real profit driver and they're doing very well there. Definitely aagood decision to diversify with the microconsoles as well. Glad they're beating expectations.
I'm glad that people continue to use him in gifs, it feels like he is still with us.
So stock price is going to drop to all new record lows? /s
I am glad Nintendo is doing great with the switch.
I am glad Nintendo is doing great with the switch.
Switch HW is only slightly down but production costs have likely decreased as they should be after one year hence margins are higher.
NTDOY is up 4% in the US market today. This doesn't bring us anywhere close to erasing the multiple 5-7% drops that happened in the past few months, but it's better and my losses are still in the 10,000s but it's better.
It's weird because this signals to me that the overall 30-40% drop that happened in the last 6 months was not entirely performance-based, or that the amount expected was astronomical.
Lastly, I'm fairly sure it will continue to gain with the release of key software titles for the remaining FY, as well as charging dollars for online pay. Still hoping to see some gain by EOY, unsure if I should take losses now to move the money to another sector.
It's weird because this signals to me that the overall 30-40% drop that happened in the last 6 months was not entirely performance-based, or that the amount expected was astronomical.
Lastly, I'm fairly sure it will continue to gain with the release of key software titles for the remaining FY, as well as charging dollars for online pay. Still hoping to see some gain by EOY, unsure if I should take losses now to move the money to another sector.
Honestly, the Wii U was a blessing in disguise. If you look over their earnings during those bad times, you'll see that they worked really hard to reduce operating costs despite falling sales. If they hadn't done that, the losses would've been absolutely awful.
Edit: point being, they continue with those lessons even in good times.
Edit: point being, they continue with those lessons even in good times.