Posts tagged forecast 
Nintendo cuts annual profit forecast by 70%, first-half loss of $351 million
Nintendo slashed its annual net profit outlook by 70 percent, following first-half losses of approximately $351 million, 40 percent greater than expected. Ahead of the Wii U launch, the Japanese company now expects net profits of ¥6 billion ($75.2 million) for the fiscal year ending March 31 ...
Nintendo expects to double 3DS sales by this time next year
Call it ambitious (if you're feeling nice), or potentially bananas (if you're feeling realistic), but no matter what you call it, Nintendo's clearly not joking around with its hardware sales forecast. The company let loose a variety of predictions for the current fiscal year (ending March 31, 2013) ...
PSN breach and restoration to cost $171M, Sony estimates
In the lead-up to its fiscal year 2010 earnings report this Thursday, Sony today released a revised forecast -- forewarning a $3.2 billion loss (yowzah!) -- for the twelve months ending March 31, 2011. Having occurred in late April, the PlayStation Network attack and subsequent data theft and ...
Square Enix braces investors for 'extraordinary losses' in last fiscal year
On the eve of its quarterly presentation to investors and analysts, Square Enix today sent out a "revised" (uh-oh) forecast for the financial results of the last fiscal year, which ended March 31, 2011. Stakeholders should bring their ponchos -- they're in for stormy weather. In February, with ...
Square Enix lowers six-month financial forecast, cuts expected sales by $100M
It looks like Square Enix characters will have to hold that spiky hair with generic product, as the company lowered its earnings forecast today for the six months (first half of its fiscal year) ending September 30, 2010. The publisher reduced new sales expectations by 10.5 percent to ¥68 ...
GameStop misses earnings target, used games make up biggest profits
[Image by moe_ on Flickr] Despite 99 new stores, continued strong used game sales and better performance than the rest of the retail video game industry, GameStop reported less-than-expected earnings for this year's second quarter, and delivered a fall forecast lower than analysts expected. ...
Ubisoft remains refocused on Xbox 360, PS3 in new year
In January, Ubisoft CEO Yves Guillemot told investors that the company would "refocus"' its development efforts on Xbox 360 and PS3 in 2010, with particular emphasis on iterating its major franchises on the HD consoles. Today, as Ubisoft reported its earnings (actually, losses) for the fiscal year ...
Namco Bandai game segment records annual losses ... but Ben 10 sales soar!
Namco Bandai's "Content" segment, which combines its video game software and arcade machine products, recorded ¥6.86 billion ($74.68 million) in operating losses for the fiscal year ending March 31, 2010. The division proved the most costly for the company, which also runs a successful "Toys ...
Capcom game delays cause lowered 2009 sales forecast
Unsurprisingly, in the announcement of delays of several games out of Q1 2010, Capcom also lowered its financial forecast for that period (which is its fiscal Q4), and for the fiscal year as a whole. The publisher adjusted its expected net sales for the year from ¥95 billion ($1.04 billion) to ...
Nintendo shares on the rise again
You can barely move in the blogosphere without bumping into another "Nintendo is rich" story, and we're not about to help matters -- sorry. Anyway, the skinny is that Nintendo shares have soared after the company upped its full-year profit forecast by 26%. It now anticipates that it will sell 26.5 ...
