Nintendo annual profits slump 66%

Discussion in 'User Submitted News' started by xist, Apr 25, 2011.

  1. xist
    OP

    xist ΚΑΤΑ ΤΟΝ ΔΑΙΜΟΝΑ ΕΑΥΤΟΥ

    Member
    5,861
    863
    Jul 14, 2008
    [​IMG]

    http://www.bbc.co.uk/news/13184768
     
  2. ShadowSoldier

    ShadowSoldier GBAtemp Guru

    Member
    9,383
    3,300
    Oct 8, 2009
    Canada
    I've never heard the words billion, and trillion in the same paragraph when talking about money for a company...

    But obviously with the earthquake, each company is going to take a hit. Companies can't expect the people to put their money in electronics first.
     
  3. shakirmoledina

    shakirmoledina Legend

    Member
    6,611
    218
    Oct 23, 2004
    Tanzania
    Dar es Salaam
    i think they relied too much on a single console and although the DS was selling well, it was not a profit maker but a profit maintainer. This may be a good reason the wii was announced besides the rumors.
     
  4. Maz7006

    Maz7006 iSEXu

    Member
    3,635
    35
    Aug 2, 2008
    i'd go with this

    obvious Wii 2 well sell millions

    not to mention games like LOZ and MArio coming to 3DS should boost sales

    but is it enough ?
     
  5. cwstjdenobs

    cwstjdenobs Sodomy non sapiens

    Member
    1,757
    1
    Mar 10, 2009
    Ankh-Morpork
    Oh noes they are only doing great instead of insanely well.
     
  6. Slyakin

    Slyakin See ya suckers

    Member
    4,450
    40
    Oct 15, 2008
    United States
    Soviet Slyakin
    Yeah... Nintendo on a bad day is basically a good day for everyone else. They do so extremely well that it can't really hurt them too much.

    Nintendo is in that tricky migration spot; the 3DS and the Wii2 are both fairly new (the Wii2 hasn't even been seen by the public eye), and Wii and DS sales are slumping.

    That's why Microsoft and Sony are waiting.
     
  7. leeday100196

    leeday100196 GBAtemp's Official Infernape™

    Member
    621
    2
    Sep 24, 2010
    My computer in Sharpedo Bluff
    The reason Nintendo succeed so much is because little kids buy their products the most and boy are they demanding! Maybe the next generation of kids aren't so demanding of the great Ninty's products. The day I see a 5-year-old playing a PSP/iPod Touch, I will commit suicide for what has become of society. But you guys are right that the earthquake would have affected them badly, especially since the majority of people buying Ninty's products are the Japs. Oh well. May Ninty bring their profits back up soon with the release of OoT and other good games for the 3DS/Wii.
     
  8. cwstjdenobs

    cwstjdenobs Sodomy non sapiens

    Member
    1,757
    1
    Mar 10, 2009
    Ankh-Morpork
    I'd say there's a lot more adults with DS's than PSP's. I've only seen 2 PSPs IRL.

    And unfortunately I've seen quite a few young kids with iPhones. Probably there parents old ones without a sim card I bet(hope).
     
  9. Rayder

    Rayder Mostly lurking lately....

    Former Staff
    6,613
    133
    Jan 14, 2007
    United States
    USA
    They're still making a profit. I hate how companies act like they are losing money when they just aren't making as much profit as they expected to make. Oh, we only made 1 billion in profit instead of 1.3 billion, we're a sinking ship!

    Baloney!
     
  10. Ikki

    Ikki GBATemp's grumpy panda.

    Member
    2,797
    49
    Jun 1, 2010
    Uruguay
    Montevideo
    Funny thing is they still have money to swim in.
     
  11. Fear Zoa

    Fear Zoa This... This is the world we live in

    Member
    1,437
    422
    Jun 18, 2009
    United States
    Maryland
    Even If Nintendo did absolutely nothing for a year they could still stay afloat
     
  12. muckers

    muckers GBAtemp Regular

    Member
    247
    18
    Sep 30, 2006
    Warwickshire, UK
    66% drop in revenue is a BIG drop, though, so it's not like it's nothing.
     
  13. nando

    nando GBAtemp Addict

    Member
    2,131
    395
    Jan 1, 2008
    United States
    oh how terrible, they aren't making over a billion dollars anymore? how could they possibly afford to run a business
     
  14. _Chaz_

    _Chaz_ GBAtemp's Official Mook™

    Member
    5,684
    400
    Sep 12, 2009
    United States
    It's official, Nintendo's going the way of SEGA.
     
  15. Saloma

    Saloma Member

    Newcomer
    16
    0
    Mar 14, 2009
    United States
    Only reason these sales are so low is cause people stopped buying a ridiculous amount of Wiis. It's not so much losing money as it is going back to status quo.
     
  16. Mesiskope

    Mesiskope Banned

    Banned
    539
    0
    Jul 30, 2008
    United States
    Union Hotel
    Gotta spend money to make money.
    [youtube]Wp7Jv3mwbW4[/youtube]
     
  17. KingVamp

    KingVamp Great... AETHER!

    Member
    10,056
    1,841
    Sep 13, 2009
    United States
    I'm mean they just produce X amount of 3DS and probably spending on prototypes of wii2.

    All the money going in R+D. Cost such as ones cause by problems.