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On topic, the strength of the yen has seriously affected Japanese companies such as nintendo and Sony. I expect nintendo to keep making money soon. If you look at the sales charts the 3ds and its games have been on the top for some time in Japan.
On a tangential note, fiscal years are fucking stupid. What's wrong with using a regular calendar like the rest of us...eh accountants?
well really the losses are not that bad considering that they were out selling everything a few months back
"Nintendo posted a loss of ¥48.35 billion, down from a ¥49.5 billion profit from last year." Can someone properly explain this sentence for me? So is this a profit but not as much as last year or did they actually end up 48 billion yen in the hole where they made 49 billion just one year ago?
Vitamin, it seems they went from making 49.5 billion yen of profit to losing losing 48 billion yen. So a swing of roughly 98 billion yen.
Didnt they also say they expect a profit as early as 1 month from now?
15 million is the highest any nintendo system has ever sold in its first 10 months
15 million is the highest any nintendo system has ever sold in its first 10 months
Hmm, is it surprising though that at the start of the year you post a profit. After all tracking wise you're starting from scratch at the beginning of a new fiscal year right? Profits could be legit or just an illusion of timing.
When do thy make their big supply purchases? When do they pay contractors? When's the next big research expenditure? It may all be rosey, and hopefully it is, but it's not guaranteed and may just be corporate jockeying.
When do thy make their big supply purchases? When do they pay contractors? When's the next big research expenditure? It may all be rosey, and hopefully it is, but it's not guaranteed and may just be corporate jockeying.
I imagine that they are pumping alot of cash into RnD.
That or hookers and blow... would probably make cooler games if nintendo HQ had some more of that.
That or hookers and blow... would probably make cooler games if nintendo HQ had some more of that.
Jim Sterling, spinning facts and news since... when exactly did mr Sterling joined Destructoid?
Nintendo added few other numbers and among those was ¥53.7 billion figure that covered entire exchange loss between Dollar/Euro and Yen due to strong Yen, and that's just for the last 9 months.
Nintendo added few other numbers and among those was ¥53.7 billion figure that covered entire exchange loss between Dollar/Euro and Yen due to strong Yen, and that's just for the last 9 months.
I'm sorry but I am with everyone else here, that spider is fascinating. More so than the news!
What IS it? What does it eat? Is it carnivorous, or an omnivore, or is it even a spider?
Goddamn nature is cool. We need a game that uses more of the weirder things in nature, like the fungi that drive ants mad and from their corpses spawn more fungi. Ants can detect that shit in their brethren so they carry them off and leave them to die on their own. You can't write this shit!
What IS it? What does it eat? Is it carnivorous, or an omnivore, or is it even a spider?
Goddamn nature is cool. We need a game that uses more of the weirder things in nature, like the fungi that drive ants mad and from their corpses spawn more fungi. Ants can detect that shit in their brethren so they carry them off and leave them to die on their own. You can't write this shit!
I was walking through the park one day
In the the merry, merry month of May
When I was caught by surprise
By a pair of googly eyes
When I was walking through the park one day, hooray!
In the the merry, merry month of May
When I was caught by surprise
By a pair of googly eyes
When I was walking through the park one day, hooray!
So that... thing... in the header image is rocking gold teeth, as if he was straight out the barrio. Thats hardcore right there.
I'd imagine they would still feel repercussions of their financial issues from the earlier point in the year. As more software for the 3DS and Wii U come out, I think this will prove with time.
If yen is the issue, then what Nintendo needs to do is find a way to appeal to American audiences the way they did with the DS and Wii. That would jump-start their profits.
If yen is the issue, then what Nintendo needs to do is find a way to appeal to American audiences the way they did with the DS and Wii. That would jump-start their profits.
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