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Nintendo Expecting "slight" loss...


seamus_aran

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http://today.reuters.com/stocks/QuoteCompanyNewsArticle.aspx?view=CN&storyID=2006-06-07T094924Z_01_T249037_RTRIDST_0_TECH-JAPAN-NINTENDO-UPDATE-1-PICTURE.XML&rpc=66

 

Hmmm... reitterating what we already knew I suppose. Still, good to know that they're not killing themselves with this.

 

EDIT: Seems this was said about the Wii name at the conference... why don't they just pos the whole transcript so I don't look like a fool?!

 

http://www.businessweek.com/ap/financialnews/D8I3AL8O1.htm?sub=apn_tech_down&chan=tc

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I couldn't give a damn whether or not they take a loss. It isn't my money. I don't understand this fascination with game companies making sales/profit, as none of us see a cent/penny of this money. It could be argued that their revenue ties directly into the future existence in the games market, but Nintendo make a killing on the handheld market. Such a killing infact, their jolly little console fishing boat is going to stay afloat for possibly all eternity.

 

I think the fans worry more about when Nintendo takes a financial loss than Nintendo themselves.

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