Nintendo sees $8.1billion US Revenue

Lanz

http://digg.com/gaming_news/Nintendo_2006_8_1_Billion
http://www.platformers.net/index/index.php?option=com_content&task=view&id=106&Itemid=1
http://www.cnbc.com/id/17937540

Nintendo raised its sales and profit forecasts for the business year just ended for the fourth time on Thursday, citing robust demand for its DS handheld games. The company said sales totaled about 966 billion yen ($8.1 billion) for the year ended March 31, up from its previous forecast of 900 billion yen, and compared with a consensus of 929 billion yen in a poll of 17 analysts by Reuters Estimates.

Nintendo , which competes with Microsof and Sony in the $30 billion video game industry, said its profits are also likely to have exceeded its prior projections, but it did not give specific figures.
The Kyoto-based company said it now expects a foreign exchange-related profit of 20 billion yen for the 2006/07 business year, rather than its previous forecast of a 10 billion yen loss.
Nintendo, known for such game characters as Mario and Pokemon, plans to report profit figures when it announces its annual earnings on April 26.
Copyright 2007 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content is expressly prohibited without the prior written consent of Reuters.

It's 2:30AM, so I'm having trouble constructing a decent sentence, so I'll sum up my thoughts/emotions in a single phrase:

Holy shit

Pata

DOOMED

Bloods End

Is that a lot?

Peewi

Bloods End wrote: »

Is that a lot?

I'd say that's a lot.

Karf

I see 8.1 billion in sales, but I don't see 8.1 billion in profits.

Is this because it is absurdly late for me too?

delfonic

Or I digress for fear of being a copycat.

Barrakketh

Karf wrote:

I see 8.1 million in sales, but I don't see 8.1 million in profits.

Is this because it is absurdly late for me too

It should be revenue.

It's still impressive when you consider that the video game industry is like...30 billion?

Lanz

Barrakketh wrote: »

Karf wrote:

I see 8.1 million in sales, but I don't see 8.1 million in profits.

Is this because it is absurdly late for me too

It should be revenue.

It's still impressive when you consider that the video game industry is like...30 billion?

Ugh, crap

Sorry about that guys.

Can we get a mod in here to change it to Revenue?

EDIT: oh hey woo, I can change it in advanced

Henroid

Pata wrote: »

DOOMED

heh, I get it.

Target Practice

Wow.

I'm not sure how they're managing that, since they don't seem to be making Wiis anymore.

[size=-4]This is a joke.[/size]

Fencingsax

Target Practice wrote: »

Wow.

I'm not sure how they're managing that, since they don't seem to be making Wiis anymore.

[SIZE=-4]This is a joke.[/SIZE]

Obviously, it prints money!

bruin

I dunno, someone needed to post it.

Orogogus

Barrakketh wrote: »

Karf wrote:

I see 8.1 million in sales, but I don't see 8.1 million in profits.

Is this because it is absurdly late for me too

It should be revenue.

It's still impressive when you consider that the video game industry is like...30 billion?

Honestly, my impression had been that they were doing better than that when handhelds were factored in. I guess I didn't realize just how huge the PS2 juggernaut is.

Target Practice

Orogogus wrote: »

Barrakketh wrote: »

Karf wrote:

I see 8.1 million in sales, but I don't see 8.1 million in profits.

Is this because it is absurdly late for me too

It should be revenue.

It's still impressive when you consider that the video game industry is like...30 billion?

Honestly, my impression had been that they were doing better than that when handhelds were factored in. I guess I didn't realize just how huge the PS2 juggernaut is.

Er. I think you're forgetting third parties factor into this.

Orogogus

Target Practice wrote: »

Orogogus wrote: »

Barrakketh wrote: »

Karf wrote:

I see 8.1 million in sales, but I don't see 8.1 million in profits.

Is this because it is absurdly late for me too

It should be revenue.

It's still impressive when you consider that the video game industry is like...30 billion?

Honestly, my impression had been that they were doing better than that when handhelds were factored in. I guess I didn't realize just how huge the PS2 juggernaut is.

Er. I think you're forgetting third parties factor into this.

Not really. I thought Nintendo's handheld sales were so gigantic that they eclipsed everything else and always had to be left out of the home console financial comparisons. I guess I did forget that other companies make (successful) games for the GBA and DS, too, though; the handheld game threads gave me the impression that a lot of games are either first party or cult, but that's probably not representative of general sales.

AbsoluteZero

bruin wrote: »

I dunno, someone needed to post it.

I couldn't help it. I love how fast it animates in firefox....

DasUberEdward

Does anyone have the stats for Sony and Microsoft? Is it even possible to see only gaming related revenue?

AbsoluteZero

DasUberEdward wrote: »

Does anyone have the stats for Sony and Microsoft? Is it even possible to see only gaming related revenue?

I would assume it would depend on the companies themselves to provide the data.

Evan Waters

There's a point where this almost isn't news anymore. Even business writers must be yawning and saying "so, Nintendo's outperforming expectations again, eh?"

Glenn565

DasUberEdward wrote: »

Does anyone have the stats for Sony and Microsoft? Is it even possible to see only gaming related revenue?

Last I heard, Microsoft has yet to make profit on their console. No clue how much the PS3 dipped into the profits generated by the PS2. It's probably not as high as they want right now.

khain

AbsoluteZero wrote: »

DasUberEdward wrote: »

Does anyone have the stats for Sony and Microsoft? Is it even possible to see only gaming related revenue?

I would assume it would depend on the companies themselves to provide the data.

You should be albe to find their annual reports on their respective web sites or at least you will be able to at some point. One thing though is that Nintendo's year ends at the end of March, and Sony's and MS probably end at other times.

Blake T

Glenn565 wrote: »

DasUberEdward wrote: »

Does anyone have the stats for Sony and Microsoft? Is it even possible to see only gaming related revenue?

Last I heard, Microsoft has yet to make profit on their console. No clue how much the PS3 dipped into the profits generated by the PS2. It's probably not as high as they want right now.

These aren't profit margins, they are revenue =/= profit.

Though I'd say Nintendo would win with profit as well this year.

Monaro

Barrakketh wrote: »

Karf wrote:

I see 8.1 million in sales, but I don't see 8.1 million in profits.

Is this because it is absurdly late for me too

It should be revenue.

It's still impressive when you consider that the video game industry is like...30 billion?

So, if analysts put the total revenue of the videogame market at $30b, and Nintendo themselves are generating a little over 25% of that, that leaves just under 75% generated by the Sony, Microsoft, third party publishers and retail margins.

Am I getting this right? If so, that's an absurdly healthy position they are in.

mark

Do you think this success will last long ? :?:

Many friends of mine have bought Wiis and now want to sell them. Except for Zelda, they can't find -at the moment- any really good game...

ArugulaZ

Why make billions when you can make... millions?
(frightening music sting)

MrIamMe

Is wow factored into that $30bn?

elkatas

mark wrote: »

Many friends of mine have bought Wiis and now want to sell them. Except for Zelda, they can't find -at the moment- any really good game...

Same was with Xbox 360 when it was launched, so that isn't surprising at all. If you didn't like FPS / driving, you had only one game truly worth playing during first eight months. Basically same could be said to all consoles.

Barrakketh

Monaro wrote: »

Barrakketh wrote: »

Karf wrote:

I see 8.1 million in sales, but I don't see 8.1 million in profits.

Is this because it is absurdly late for me too

It should be revenue.

It's still impressive when you consider that the video game industry is like...30 billion?

So, if analysts put the total revenue of the videogame market at $30b, and Nintendo themselves are generating a little over 25% of that, that leaves just under 75% generated by the Sony, Microsoft, third party publishers and retail margins.

Am I getting this right? If so, that's an absurdly healthy position they are in.

Pretty much.

mark wrote:

Do you think this success will last long ?

Yes.

Many friends of mine have bought Wiis and now want to sell them. Except for Zelda, they can't find -at the moment- any really good game...

If they are expecting a torrent of titles not even half a year into a console's life, they need to get a clue.

Maybe their tastes just don't match up with the software that is available, but there are quite a few good games out now and more to come later in the year. Trauma Center, Sonic, Super Monkey Ball (I liked the single player, and don't give a shit about multi), and Dragon Ball Z: Budokai Tenkaichi 2 (which takes some time to "click") are all worth trying (and buying ;-)).

Upcoming games include a new Fire Emblem, Super Paper Mario, Super Mario Galaxy and Resident Evil (Umbrella Chronicles and a port of 4).

Besides, any "serious" gamer will be wanting a Wii for a few of Nintendo's franchises, and they'll just end up buying a Wii again by the time Brawl comes out.

Barcardi

still cant find a single wii within 500 miles

closest wii is in arizona

or was last time i checked.... and i just rechecked and no its not even there

Profs

Yes, perhaps the library will grow larger (and better hopefully), but it's very depressing when not a single one of Nintendo's big-name franchises (Mario, Samus, Brawl) have even a tentative release date. That and the fact that one genre in particular that was expected to flourish on the Wii (FPS), has been the exact opposite; very unresponsive controls, sarificed game quality in favor of the gimmicky controls, and a nonexistent fun factor. I work at an EB games, and when there's an FPS game on display on our demo unit (it doesn't matter which one, we've had them all in there) almost every person that's come in wanting to try it out has left very dissatisfied or disgusted. If Nintendo wants to maintain its momentum, and I think alot of it is based on novelty and the fact that people still haven't been able to try it out for themselves, it has GOT to get the FPS genre under control and/or stop delaying the big guns.

Drunk_caterpillar

Man, doesn't anyone remember the first year of the DS? Everyone was pretty much "gimmick gimmick lol" right up until it hit its stride in the second year and now it's a fucking juggernaut. Selling your Wiis? C'mon, that's just dramatic.

Fencingsax

Profs wrote: »

Yes, perhaps the library will grow larger (and better hopefully), but it's very depressing when not a single one of Nintendo's big-name franchises (Mario, Samus, Brawl) have even a tentative release date. That and the fact that one genre in particular that was expected to flourish on the Wii (FPS), has been the exact opposite; very unresponsive controls, sarificed game quality in favor of the gimmicky controls, and a nonexistent fun factor. I work at an EB games, and when there's an FPS game on display on our demo unit (it doesn't matter which one, we've had them all in there) almost every person that's come in wanting to try it out has left very dissatisfied or disgusted. If Nintendo wants to maintain its momentum, and I think alot of it is based on novelty and the fact that people still haven't been able to try it out for themselves, it has GOT to get the FPS genre under control and/or stop delaying the big guns.

It's probably because the Wii doesn't really work all that well at kiosks. You have to stand back, and you can't really do that at EB. As for FPSs, Metroid is coming (Yes, I know it isn't technically a FPS) and beyond that, the REs (however they will work) are coming too. Why does the Wii need FPSs by the way? It seems to do great at sports games (specifically non-traditional), and besides, excellent games are coming. Additionally, Why would Nintendo not be able to keep it's momentum when Microsoft did, with several months of mediocre titles?

Ranced

The Wii doesn't need to hold down the FPS genre. I find it to be great with everything but that.

These mini-game titles might be getting a lot of flak, but I enjoy them a whole lot and would actually want more.


oh, and several months is a lie

Fencingsax

Especially since every idiot will compare whatever Nintendo puts out with Halo 3.

Edit: Which may be why they're waiting on the FPSs.

Profs

True, the Wii isn't the type of system neccessarily suited to kiosk-play, but I sure would have hoped to hear some positive comments about it, and I haven't. I will conceed though, that doesn't prove my point. I wasn't neccessarily a proponent of selling your Wii, yet anyways, as that is a bit drastic this early on. That said, comparisons to past consoles that have had mediocre starts and proceeded to take off does not, by any means, gaurantee success for a system of the same. You're right about Metroid, but again, when the hell is that game coming out? I'm psyched to play it, but I wish I could preorder it at least. Also, how long do you think Nintendo can fly on mini-games? Sure they're fun, but like the name implies, they're mini. Plus, to date, the titles really worth playing have been comprised almost entirely of first-party. Can Nintendo themselves keep the system afloat long enough for the third parties to stop shoving out ported shit and movie-licensed games? Goddamn, I hope so, cause this system could rock. As far as the whole FPS thing goes, I may have been a little over-dramatic, but FPS is a BIG genre. The 360 is proof of that; a genre that can carry a system.

Fencingsax

Profs wrote: »

True, the Wii isn't the type of system neccessarily suited to kiosk-play, but I sure would have hoped to hear some positive comments about it, and I haven't. I will conceed though, that doesn't prove my point. I wasn't neccessarily a proponent of selling your Wii, yet anyways, as that is a bit drastic this early on. That said, comparisons to past consoles that have had mediocre starts and proceeded to take off does not, by any means, gaurantee success for a system of the same. You're right about Metroid, but again, when the hell is that game coming out? I'm psyched to play it, but I wish I could preorder it at least. Also, how long do you think Nintendo can fly on mini-games? Sure they're fun, but like the name implies, they're mini. Plus, to date, the titles really worth playing have been comprised almost entirely of first-party. Can Nintendo themselves keep the system afloat long enough for the third parties to stop shoving out ported shit and movie-licensed games? Goddamn, I hope so, cause this system could rock. As far as the whole FPS thing goes, I may have been a little over-dramatic, but FPS is a BIG genre. The 360 is proof of that; a genre that can carry a system.

Trauma Center and Sonic, Just to name two excellent games, are not 1st party

Cymoro

Profs wrote: »

True, the Wii isn't the type of system neccessarily suited to kiosk-play, but I sure would have hoped to hear some positive comments about it, and I haven't. I will conceed though, that doesn't prove my point. I wasn't neccessarily a proponent of selling your Wii, yet anyways, as that is a bit drastic this early on. That said, comparisons to past consoles that have had mediocre starts and proceeded to take off does not, by any means, gaurantee success for a system of the same. You're right about Metroid, but again, when the hell is that game coming out? I'm psyched to play it, but I wish I could preorder it at least. Also, how long do you think Nintendo can fly on mini-games? Sure they're fun, but like the name implies, they're mini. Plus, to date, the titles really worth playing have been comprised almost entirely of first-party. Can Nintendo themselves keep the system afloat long enough for the third parties to stop shoving out ported shit and movie-licensed games? Goddamn, I hope so, cause this system could rock. As far as the whole FPS thing goes, I may have been a little over-dramatic, but FPS is a BIG genre. The 360 is proof of that; a genre that can carry a system.

You're serious?

Are you saying that the only thing that will drive it is FPSs?

I don't remember it being 2001 when this was the original arguing point for buying an XBox.

Profs

Obviously the quality of the titles is subjective, but I thought Sonic's faults (horrible camera, touch-and-go controls) really hurt the title. Trauma Center I will give you. I was going to add as a caveat that it's a port of the DS version, but that doesn't really have any bearing on the title itself.

Guardian Legend

I'm enjoying my Wii but I hope Nintendo makes a new version of the Wii soon. I want at least 720p resolution support and optical audio inputs. With all this money pouring into their wallets, I hope they can do it.

I've got a 32" inch HDTV worth nearly $1,000, and a $200 surround sound system. My PS3 and 360 are happily hooked up to this entertainment extravaganza. The Wii, meanwhile, is hooked up to a $100 SDTV upstairs, with it's crappy built-in speakers. (And yea, I've tried 480p Wii on my HDTV and it still looks awful.) This just ain't right.

Profs

No Cymoro, I'm obviously not saying FPS is the only thing that will drive the console. As I mentioned, I over-exaggerated a bit in my first pos, but you'd be a fool to ignore the genre as well. Can you honestly say it's not a big deal for Nintendo if FPS's continue to suck ass on the Wii? Also, if you're bringing up the original Xbox, look at it's big brother now. Would people buy the system were it not for most of the FPS's on it? I wouldn't have. And what was (and still is) the PS3's top-seller?

Fencingsax

Profs wrote: »

No Cymoro, I'm obviously not saying FPS is the only thing that will drive the console. As I mentioned, I over-exaggerated a bit in my first pos, but you'd be a fool to ignore the genre as well. Can you honestly say it's not a big deal for Nintendo if FPS's continue to suck ass on the Wii? Also, if you're bringing up the original Xbox, look at it's big brother now. Would people buy the system were it not for most of the FPS's on it? I wouldn't have. And what was (and still is) the PS3's top-seller?

That's more a weakness of the Xbox than a weakness of the Wii. The Wii will be getting plenty of FPS titles. Right now, they're probably holding out so they don't compete with Halo 3. The Wii has plenty of genres it does well in (like I said; Sports, puzzle type, etc) and I'm sure that shooters will come, even if we have to wait for the REs.