Nintendo posts Q1 loss on strong Yen and lower DS prices

Although foreshadowed, it's hard to believe that the once mighty Ninty, a company with unshakable profits even during last year's global economic downturn, just recorded a Q1 net loss of ¥25.22 billion ($288 million) compared to a net profit of ¥42.32 billion during the same 3-month period a year earlier. Revenues dropped from ¥253.50 billion to ¥188.65 billion. Lower DS portable gaming machine prices coupled with a strong Yen (86.5 percent of its sales were outside of Japan) helped pull Nintendo into the red. Regardless, Nintendo continues to forecast a full year net profit of ¥200 billion on revenue of ¥1.4 trillion. We'll see.

[nexekho Posted Jul 29th 2010 4:21PM]

@d3sc3nd3ncy Perhaps you need to go look up the spec sheets. The screen resolution is lower. The constraints of the system throttle what few parts are halfway decent

[JayVe Posted Jul 30th 2010 12:12AM]

@nexekho

If the screen resolution, the number of pixels the system has to fill each frame, is YOUR indication of a system's horsepower (and somehow overall worth?) then the 3DS is the system for you. It pushes out more than twice the number of pixels as the PSP.

Nintendo 3DS Screen Fidelity:
Top Screen - 192,000 Pixels
Bottom Screen - 76,800 Pixels
Total Pixels - 268,800

PSP Screen Fidelity
130,560 Pixels

By resolution/screen fidelity alone, the 3DS more than doubles the output of the PSP.

[JayVe Posted Jul 30th 2010 12:13AM]

@nexekho

Not that screen resolution is any indication of how fun a game is though. I'd rather play great games at 320x240 than a lot of the drek that has been published in High Definition.

According to consumer buying habits, I'm not alone.

[nexekho Posted Jul 30th 2010 7:32AM]

@JayVe I said look at the spec sheets. As in the actual sillicon behind that screen? What Nintendo's offering is a two-generation old mobile phone SOC. For probably over £130. Btw, you lose half the top screen's resolution because of the parallax technology. Enjoy. I used to be a Nintendo fanboy but a void of fun games for this their platforms over the last three years, poor reliability, bad graphics (graphics being a big part of the experience if you'd take your fanboy head out of the sand) and disappointing controller "innovations" left me cold completely. Sony lost their way a generation ago, Microsoft can seriously fuck off if they think they can charge me a monthly fee to run a server list and this generation Nintendo is dead to me. It's Ok, I'll just keep running new games on an old computer on full settings, using whatever controller I like (Wiimotes actually set up properly unlike the official games) over the internet for free and installing whatever modifications I like. Fuck the console race.

[LetsHaveWaffles Posted Jul 29th 2010 10:08AM]

That poor family. They're to fix on the TV to notice they're missing a pillow on their couch.

[EddieGreen Posted Jul 29th 2010 12:06PM]

The Wii is the best general gaming device I have ever owned. I can't think of a console that has a better selection of games for the living room. I can play it with my Platformer loving partner, with children and random friends.

Ninty's line up this year nails it. I still have uncompleted games on the Wii. Gaming isn't about the number of games but the quality.

Of course I am a hardcore gamer too. For me that means 60fps, Keyboard and Mouse. Anything else just wont do.

[mcnuggets Posted Jul 29th 2010 12:24PM]

what lower prices? i recently bought a dsi for its original release price of 170 because i didn't wanna buy the ds lite that also still costs its original release price of 130.

[LazarusDark Posted Jul 29th 2010 1:42PM]

Everyone has a wii and a ds that wants one. And anyone thinking about a ds stopped to wait for the 3DS after its unvailing. 3ds will bring even higher profits. I would still be down for an HD wii, I mean, mine is a launch version. Gimme a good reason to buy a new hd wii, please!