Nintendo annual profits slump 66%

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

Apr 25, 2011
  1. xist
    OP

    Member xist ΚΑΤΑ ΤΟΝ ΔΑΙΜΟΝΑ ΕΑΥΤΟΥ

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    [​IMG]

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

    Member ShadowSoldier GBAtemp Guru

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    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

    Member shakirmoledina Legend

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    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

    Member Maz7006 iSEXu

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    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

    Member cwstjdenobs Sodomy non sapiens

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    Oh noes they are only doing great instead of insanely well.
     
  6. Slyakin

    Member Slyakin See ya suckers

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    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

    Member leeday100196 GBAtemp's Official Infernape™

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    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

    Member cwstjdenobs Sodomy non sapiens

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    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

    Former Staff Rayder Mostly lurking lately....

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    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

    Member Ikki GBATemp's grumpy panda.

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    Funny thing is they still have money to swim in.
     
  11. Fear Zoa

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

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    Even If Nintendo did absolutely nothing for a year they could still stay afloat
     
  12. muckers

    Member muckers GBAtemp Regular

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    66% drop in revenue is a BIG drop, though, so it's not like it's nothing.
     
  13. nando

    Member nando GBAtemp Addict

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    oh how terrible, they aren't making over a billion dollars anymore? how could they possibly afford to run a business
     
  14. _Chaz_

    Member _Chaz_ GBAtemp's Official Mook™

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    It's official, Nintendo's going the way of SEGA.
     
  15. Saloma

    Newcomer Saloma Member

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    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

    Banned Mesiskope Banned

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    Gotta spend money to make money.
    [youtube]Wp7Jv3mwbW4[/youtube]
     
  17. KingVamp

    Member KingVamp Great... AETHER!

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    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.
     

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