More Reviews
REVIEWS Sid Meier's Civilization: Beyond Review
Does Beyond Earth lead humanity to a better world or into a nest of aliens?

Senran Kagura Shinovi Versus Review
I had no idea there was that much silicon in Japan. But it only makes the balance that much more impressive, doesn't it?
More Previews
PREVIEWS Super Smash Bros. (Wii U) Preview
Anyone brawling at home will find plenty to love in the latest console version of Nintendo’s franchise, though amiibo figures lend a layer of ownership not seen before.
Release Dates
NEW RELEASES Disney Fantasia: Music Evolved
Release date: Out Now

Call of Duty: Advanced Warfare
Release date: 11/04/14

Far Cry 4
Release date: 11/18/14

Dragon Age: Inquisition
Release date: 11/18/14


LATEST FEATURES Xbox Downloads October 2014 - Updating Each Week
Microsoft's Xbox One console continues an Xbox Live revolution started over a decade ago. Here's hoping Summer of Arcade makes it to the platform next year.

PlayStation Download October 2014 - Updating Each Week
Sony's PSN platform had new games each week along with free offerings for PlayStation Plus subscribers. Take a look at the weekly additions for October.

LEADERBOARD
Read More Member Blogs
FEATURED VOXPOP oblivion437
I Don't Want to, but I Have To...
By oblivion437
Posted on 10/20/14
Well, Gamergate has spilled over into the mainstream media and the coverage appears to be nearly uniformly dreadful. Take " What is Gamergate, and What Does It Say About Gender In Video Games? " by David Konnow as an example.  It appears that the writer has done little to no...

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