7974 Nintendo’s latest results look strong on the surface, with GAAP EPS of ¥308.23 and revenue up 99.3% year over year to ¥1.9 trillion, but the fundamentals are getting shakier beneath the headlines.
The Switch 2 is selling extremely well, yet it appears to be launching at loss-making prices, eroding Nintendo’s long-standing profit edge in hardware just as competition in handheld gaming intensifies
NTDOY Whilst you all keep looking at graph mumbo jumbo. Realize, The day before yesterday Nintendo announced the switch two... TO A MASSIVELY POSITIVE RESPONSE!
They sold 140 million Switch 1s... Making it the worlds most owned (hybrid) console. Selling their exclusive games on that platform. If they come even VAGUELY near those nymbers with the Switch 2?
$$$$$$$$$!!!!!!
Get you head out of the spreadsheets! Go look what the company is really doing! IN REAL LIFE! Once these hot buns go on sale!