More Reviews
REVIEWS Etrian Odyssey 2 Untold: The Faf Review
I dunno what a "Fifnir" knight is, but damn is he scary-lookin'. And his game... it's pretty damn good too.

Godzilla (PS4) Review
Godzilla fans enjoyed the recent film, but will they feel the same way about the new video game?
More Previews
PREVIEWS Sid Meier's Civilization: Beyond Preview
Fans were mad about Beyond Earth. Rising Tide should fix that.
Release Dates
NEW RELEASES Stick 'Em Up 2: Paper Adventures
Release date: Out Now

BlazBlue: Chrono Phantasma EXTEND
Release date: Out Now

Lost Dimension
Release date: Out Now

Goat Simulator
Release date: 08/11/15


LEADERBOARD
Read More Member Blogs
FEATURED VOXPOP oblivion437 Update: I was unfortunately not aware of Shamus Young's severe criticism of Fallout 3 available here to link in the original piece and I regret that.  It dovetails rather nicely with what I've written and it's much better executed than my piece.  I strongly recommend anyone...

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
FOLLOW ME ON TWITTER. YOU KNOW YOU WANT TO.


More from the Game Revolution Network




comments powered by Disqus

More On GameRevolution