Nintendo Lowers Its Annual Profit Outlook In Response To Weak Sales
Could we see an upswing when the NX finally makes its debut?
Nintendo has cut its expected operating profit for this fiscal year after weaker-than-expected sales reared their heads.
The company is now expecting 33 billion yen, which roughly translates to ~$293 million in profit for its current fiscal year, slashed down from an expected 50 billion yen. The operating profit numbers weren't the only ones to decline either, with the net profit forecast down from 35 billion yen as well.
Nintendo still has the NX up its sleeve, as well as Pokemon Sun and Moon, releasing later this year during the holiday season. Perhaps this will bolster the weakened sales, though it seems the company has been struggling and will continue to struggle despite its many attempts to target diehard Nintendo fans with special editions, re-releases, and amiibo figures.
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Shacknews
replyBrittany Vincent posted a new article, Nintendo Lowers Its Annual Profit Outlook In Response To Weak Sales
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It's more likely than not, but it will definitely only happen after Nintendo has exhausted all other options.
I personally find the idea Metroid Prime 4 on Steam pretty appealing. But I also like the idea of Nintendo staying in the hardware biz
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