x404.co.uk
http://www.x404.co.uk/forum/

Nintendo shares plunge 18% on loss warning
http://www.x404.co.uk/forum/viewtopic.php?f=19&t=21114		 Page 1 of 1
Author:  paulzolo [ Tue Jan 21, 2014 9:34 am ]
Post subject:  Nintendo shares plunge 18% on loss warning
Quote:
Shares of Japan's Nintendo plunged as much as 18% on Monday after the gaming giant issued a profits warning.

On Friday, Nintendo said it expects to make an operating loss of 35bn yen ($335m; £205m) for the financial year ending 31 March 2014.

It had initially forecast an operating profit of 100bn yen for the period.

http://www.bbc.co.uk/news/business-25805136

The article goes on to forecast that Nintendo will be making Mario games for mobile platforms other than its own.
Author:  Amnesia10 [ Tue Jan 21, 2014 3:41 pm ]
Post subject:  Re: Nintendo shares plunge 18% on loss warning
I fully expect a lot more companies to report losses over the next few years as margin compression wipes out billions from the value of companies. They are near the end of the product cycle for the wii so need to come up with a new console.
Author:  paulzolo [ Wed Jan 22, 2014 11:27 am ]
Post subject:  Re: Nintendo shares plunge 18% on loss warning
Amnesia10 wrote:
I fully expect a lot more companies to report losses over the next few years as margin compression wipes out billions from the value of companies. They are near the end of the product cycle for the wii so need to come up with a new console.


I thought the Wii U was a new console.
Author:  Amnesia10 [ Wed Jan 22, 2014 8:58 pm ]
Post subject:  Re: Nintendo shares plunge 18% on loss warning
paulzolo wrote:
Amnesia10 wrote:
I fully expect a lot more companies to report losses over the next few years as margin compression wipes out billions from the value of companies. They are near the end of the product cycle for the wii so need to come up with a new console.


I thought the Wii U was a new console.

I thought it was an add-on for the Wii?
Page 1 of 1 All times are UTC
Powered by phpBB® Forum Software © phpBB Group
https://www.phpbb.com/