More Reviews
REVIEWS Faster Than Light: Advanced Edit Review
FTL's Advanced Edition is a natural fit for the iPad. But whatever platform you're playing on, the new content adds depth and variety.

Kinect Sports Rivals Review
It's been far too long since Microsoft's Xbox consoles had a Kinect-only title. Is the wait worth it?
More Previews
PREVIEWS Sniper Elite 3 Preview
Sending bullets through the hate.
Release Dates
NEW RELEASES Teenage Mutant Ninja Turtles: Out of the Shadows
Release date: Out Now

Trials Fusion
Release date: Out Now

The Amazing Spider-Man 2
Release date: 04/29/14

Bound by Flame
Release date: 05/09/14


LATEST FEATURES Ouya's Best Games Coming to the Platform
The Kickstarter console is slowly establishing itself with a couple of creative gems on the way.

Tips for The Elder Scrolls Online: The Vestige's Guide
Just a handful of ways to keep yourself from dying.
 
Coming Soon

LEADERBOARD
Read More Member Blogs
FEATURED VOXPOP danielrbischoff
Peace in the Era of Call of Duty
By danielrbischoff
Posted on 04/15/14
In a world dominated by violent media, Americans are no more eager to go to war than they were in the 1980s or the 1960s or the 1940s. Hasn't it always been someone else's problem? The overwhelming majority would rather go on thinking it had nothing to do with them and there...

GAMING NEWS

Analysts Expecting Nintendo Will Fail To Meet Profit Forecasts

Posted on Tuesday, December 3 @ 07:15:55 Eastern by Alex_Osborn


Despite the fact that Wii U has failed to gain any real traction among consumers, Nintendo president Satoru Iwata remains optimistic about the company reaching its year-end financial goals. However, a number of analysts don't share his same positive outlook, remaining unconvinced that Wii U will sell the numbers Nintendo is hoping.

"Wii U has become a game console only for Nintendo fans," SMBC Nikko Securities analyst Eiji Maeda explained. "Wii U needs groundbreaking software to draw casual and hardcore gamers." 

The company's full-year operating profit forecast is 100 billion yen ($974 million) with a total number of projected Wii U sales pegged at 9 million. That said, the average estimate among analysts is 57 billion yen in profit and 6.2 million units in Wii U sales.

"They steadfastly refuse to consider that the product is not interesting to consumers," Wedbush Securities analyst Michael Pachter said. "They will fail to hit 9 million, and they will likely miss their profit goals."

Do you think Nintendo is being a bit too optimistic about Wii U sales? Can the likes of a new Super Smash Bros. and Mario Kart really turn things around for the struggling console? Comment below and let us know.

[Bloomberg]

Related Reading:
Tags:   Nintendo, Wii U, 3DS


More from the Game Revolution Network




comments powered by Disqus

More On GameRevolution