David Gibson (analyst) posted a few tweets about Nintendo's financials :
Didn't find that thread-worthy, as it's not really "new news".
Nintendo - up another 4.3% today...JP broker saying company to announce change in strategy to smartphones on Jan 30th results - we disagree.
Nintendo - 3Q results meeting called "Strategy Session and Results Meeting" but doesnt stop some think change is coming. Always called that!
Nintendo - #1 priority for FY3/14 was improve 3DS sales internationally...+21% YoY in 2H we estimate= done.
Nintendo - WiiU we now forecast 4.3m for FY3/14 down from 6.8m prior, but Dec in JP was 26x Sept levels driven by Super Mario 3D World
Nintendo - we think mgmt will conclude software line-up is beginning to improve WiiU performance and hence no change in hardware strategy
Nintendo - In 3Q we estimate 3DS/Wii is driving 75% of gross profit, so WiiU miss isn't as big a drag as some expect.Forex huge benefit too.
Nintendo - we expect them to announce share buy-back of 5% of company from Yamauchi family members as they need to pay 45% inheritance tax
Nintendo has put on US$8bn in market cap in 6 months in anticipation moving to smartphones. We dont think so,downgraded to Underperform.
Nintendo - Reggie Dec 19th comments on "experimenting" on smartphones has many thinking change coming. Dont think so king5.com/news/local/Nin
Didn't find that thread-worthy, as it's not really "new news".