>Nintendo Co. cut its full-year earnings and revenue outlook, underscoring uncertainty around its aging Switch console and the global gaming environment.
>The Kyoto-based company said it missed its targets for console sales toward the year's end, while foreign currency volatility also played a role. It now expects operating income of 480 billion yen ($3.6 billion) for the year ending March, down from 500 billion yen previously. It's projecting net sales of 1.6 trillion yen, down from 1.65 trillion yen.
>Many investors had expected the company to increase its guidance thanks to twin games Pokémon Scarlet and Pokémon Violet, which became the fastest-selling Nintendo games in the company's history. The company reported operating profit of 190.2 billion yen and sales of 638.2 billion yen in the December quarter, both weaker than average estimates.
>"The outcome was weak and that's a surprise. The year-end holiday season suggested sales of hardware weren't that strong despite amplified supply, which also weakened sales of software," Toyo Securitiesanalyst Hideki Yasuda said. "It's now clear that the Switch's momentum is downward."
>Nintendo has sat out the rally in tech stocks this year and may remain stuck in the doldrums until it unveils a successor to its Switch game console, which has seen sales declining over the past two years.
>The downgrade came despite strong sales of twin games Pokémon Scarlet and Pokémon Violet, which were released in November. It made for a successful end to the year, as only weeks earlier, Splatoon 3 had set a new high for fastest domestic sales in Japan. Game sales have helped prop up momentum of the Switch console, demand for which has started to show signs of slowing.
https://twitter.com/6d6f636869/status/1622858138419601409
Investors and analysts still act as if we're not in a recession, no shit people aren't spending as much on video games when lots of people can barely afford paying for their bills and food. Detached morons the lot of them.
Get a job
Ok, where?
Majestic 12
Why don't you join Majestic 12, in a body bag?
I have some good news for both of you.
Okay?
I have contamination and mutants in my brain.
Just another parasite
And?
>Wife works a job, I work a job
>Having a harder time getting by than when I worked a single job 6 years ago despite having even less bills since I 0aid off my car in between
Frick off.
what the frick is that cable coming from the top?
There's a joycon grip that Nintendo sells that can be used to charge your joycons with a USB C cable. Dunno why they didn't add it to the base console.
New console in the works maybe? Hopefully with enough power to make up for gamefreak's incompetence so that we can have an actually good pokemon game.
All the hardware in the world wouldn't help Gamefreak
You could have gamefreak develop for only 4090s in mind, they'd still frick it up if they can't code properly.
Mind you, we're now in the era of 4k and since consolidating all their efforts into the Switch back in 2018 only now Nintendo has managed to get all their teams to master developing games in HD. And now they will have to make the jump to 4K and hope they don't drown.
>Gamefreak constantly shows they’re dogshit at coding post gen 6
>”i-its the hardware’s fault”
Peak Gamefreak wienersucker
Learn to read dumbfrick, I'm well aware that gamefreak is at fault.
The point is you can’t make up shitty coding with powerful hardware, that’s not how things work
If that was the point then make that point instead of making yourself look illiterate.
You’ll never get a good Pokémon game again unless Gamefreak steps down as the main developer
Yeah probably
>Post gen 6
They've always been shit at coding you stupid nostalgiahomosexual. They always will be too.
>They've always been shit at coding you stupid nostalgiahomosexual
They had Iwata hard carry them from gens 2-6
I don't remember Moon and Ultrasun having performance issues. Doesn't mean they never occurred, I just don't remember them.
Gen 7’s issues are more in the coding/backdoors vs gens 8 and 9 issues that are more blatant
>Past 6 gen
Bruh, you don't remember Iwata had to step in for Pokemon Gold/Silver because their programming was so dog shit? It was so bad that when Iwata was done cleaning up their mess he had extra room to fit the entire map of the first game into the same cart.
See
>bloomberg
>7 year old tablet with tech from 2013 is not as popular anymore
Man I’m shocked
Pathetic. Should be milking their cult of braindead manchildren dry. Just release more overpriced slop and their golden.
>analysts
Into the trash it goes.
>almost ten year old baby handheld less powerful than your average phone in a slight downtrend
Hopefully they'll make a normal console in the future with decent specs and not tied to a gimmick.
Haha yeah, they’re totally going to fricking do that anon
There are already "decent specs" systems out there. Killing a dedicated games machine for more shitty realistic lighting and vegetation does nothing but drive up the cost of the machine for no benefit to anyone.
this bloomberg israelite hasn't been right about anything he said the past few years
Sword & Shield sold so much money, the Switch already probably maximized the amount of people that were going to buy it for a Pokemon title, before Scarlet and Violet even came out. It seems silly to expect it being that much of a system seller
>uncertain games market
What?
>Splatoon 3 breaks records
>Pokemon SV breaks records
>"eh could be better"
Black folk
>I have no idea how a company is structured
Yes, moron. Nintendo would rather Pokemon sell 8 million if it meant stuff like Xenoblade 3 sold 5. That's the exact point being made, that Pokemon sales are obfuscating everything else.
The yen dipping hard really is crazy since it happened right at the holidays for them.
Man she was living the dream, all she was missing was the white bf and the two hapa kids
>noo, you can not send home everyone, tweeter will break
And it is
Works in my machine.
>Zelda still not out yet
>Still no new 3D Mario game
Why would they expect to sell more Switches?
Because Pokemon, literally all because Pokemon. It not happening is probably a big blow for them. This next batch of Switches is the final one, I'm telling you now. They are simply making enough for the Zelda OLED and that is it. It will be announced during the direct, sales go up on the 21st for the 37th anniversary.
Pokemon being shit is hurting them
NONONO Nintendo is ONLY forecasting 1.6 TRILLION yen instead of 1.65 trillion yen
NONONONONO
>tfw owning a Switch whilst not giving a shit about Pokémon or Smash
Basically like owning a brick
I play witcher 3, DKC Tropical Freeze and Persona on it. I happy with that
Thats just have shit taste.
>t. Still playing Splatoon 3, Animal Crossing, and just got the N64 roms
>NOOOOOOOOOOOOOOOOOOOOOOO NOT MUH INFINITE GROWTH!
I’m so sick of this crappy way of doing things. Towns and cities are crumbling and everything costs more and yet magic numbers go up so we can’t complain. Oh and don’t get rid of migrants because that makes magic number go down.
I want to just skip to the part where a dictator comes in, executes a lot of people that deserve it and fixes everything for a while before the scumbags convince everyone to kill the dictator
go live in a dictatorship then? no ones stopping you moron
You enjoy the state of things? You loving how every town you go to is the same and all of them look like broken down hick towns with the occasional tacky plastic and glass new builds? You loving how you can’t even get basic goods in grocery stores any more like we are in Soviet Russia? Loving how despite people crying out for staff that it’s hard to get a job without doing some bullshit like working for free? Loving how there’s no real work out there and that working can’t sustain a family any more?
Bring on the dictators. But proper dictators like we’ve had before in the West.
>It now expects operating income of 480 billion yen ($3.6 billion) for the year ending March, down from 500 billion yen previously. It's projecting net sales of 1.6 trillion yen, down from 1.65 trillion yen.
that's fricking nothing holy shit
it should be illegal for corporations to go into panic mode whenever they make a tiny bit less money than last year
Nintendo isn't going into panic. "Stock and sales analysists" are going into a panic.
Daily reminder that analysts hates stocks where nothing happens. Investors can make money if the stock goes up or down a lot but not if it's stable and rarely deviates. Good or bad news is way more preferable than OK news.
Switch price cut please
It's pretty much over. The only way to outsell PS2 is expanding to 2nd/3rd world countries at a budget price just like what PS2 did. Sony still the winner here
holy shit the tendie cope in this thread right now
>"anal"ysts face when Nintendo didn't sell 100 billion Switches last quarter.
Hasn't the Switch officially outsold the pis4? Also I'm pretty sure this homosexual is a snoyboi.