More Reviews
REVIEWS Dead Rising 4 Review
Dawn of the dud.

Steep Review
You need a vacation.
More Previews
PREVIEWS Let It Die Preview
Seems like Suda51 saw Frozen, played Dark Souls, and then got the lyrics mixed up.
Release Dates
NEW RELEASES Bethesda Pinball
Release date: Out Now


LEADERBOARD
Read More Member Blogs
FEATURED VOXPOP oneshotstop
Welcome Back to the West
By oneshotstop
Posted on 08/01/16
The only thing that stops the dust is the rain. It’s a sweet reprieve, but there is no middle ground. The land is either as dry as the Betty Ford clinic, or as wet as the ocean floor. Everything can be seen from the ridge overlooking Armadillo as John Marston gently bounces along atop...

GAMING NEWS

Analysts Expecting Nintendo Will Fail To Meet Profit Forecasts

Posted on Tuesday, December 3 @ 07:15:55 PST 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.



comments powered by Disqus

More On GameRevolution