Nintendo expects to ship 4M 3DS in fiscal year

[Terminator02]

On the same day it revealed the Japanese price and release date for the 3DS, Nintendo also cut its profit forecast by half for the fiscal year ending March 31, 2011. The company previously projected a net income of ¥200 billion ($2.39 billion), but now expects to bring in about ¥90 billion ($1.08 billion). In the previous fiscal year, the company added ¥230 billion (about $2.45 billion) to its money bin.

Nintendo claims the radical shift is due to stronger-than-expected yen appreciation, current sales, the sales outlook for the 2010 holiday, and the "decided release conditions for the Nintendo 3DS." Despite lowering overall DS hardware and software sales (of which the 3DS is a part) for the fiscal year, Nintendo expects to ship 4 million 3DS units by March 2011, along with 15 million games.[/p]

Source (Joystiq)

 

[ehayes427]

they'll sell out so quick.

 

[Hop2089]

It doesn't print money, it creates a bank.

It's most likely going to be 8 million knowing Nintendo.

 

[Bladexdsl]

shit i better find somewhere online where i can pre-order one soon

 

[Slyakin]

PSHHHHHH.


Nintendo just set their standards WAYYYY too low.


I estimate a profit of 3 billion. At the least.

 

[Gman 101]

If China decides to destroy the yen, then maybe their profits will collapse. Would be interesting to see what happens if they decide to keep buying government bonds to appreciate the yen further.

 

[Fluto]

lol i just more people to buy it for tag mode



o now i get it people in japan walk and ride bikes a lot more than we do so this is why tag mode is good for them

 

[thebigboss14]

Wow it sounds like a pretty hard year for Nintendo but let just see how it goes.

 

[Anakir]

it's all a marketing strategy so they create hype when it's all gone from the shelves. they want to create a Christmas during march. once it's all gone from the shelves, people will just want more.

my assumption at least.