{"id":3616,"date":"2011-10-27T20:13:43","date_gmt":"2011-10-28T03:13:43","guid":{"rendered":"http:\/\/paulgalenetwork.com\/home\/?p=3616"},"modified":"2011-10-27T20:13:43","modified_gmt":"2011-10-28T03:13:43","slug":"nintendo-announces-how-much-they-lost-for-the-first-half-of-their-current-fiscal-year-and-its-a-lot","status":"publish","type":"post","link":"http:\/\/paulgalenetwork.com\/home\/2011\/10\/27\/nintendo-announces-how-much-they-lost-for-the-first-half-of-their-current-fiscal-year-and-its-a-lot\/","title":{"rendered":"Nintendo announces how much they lost for the first half of their current fiscal year and it&#8217;s a lot."},"content":{"rendered":"<p>Ok, add up your money plus your friend&#8217;s money and then put in mine and oh hell, put in everyone&#8217;s savings that you know and when you add it all up&#8230;Nintendo lost more in the first half of this current fiscal year.  And if you&#8217;re wondering, that period so far has gone from April 1st to September 30th (with 2nd half going from October 1st to March 31st, 2012).<\/p>\n<p>$926 million is how much they lost and it&#8217;s a lot when compared to this time last year when they lost only $26 million.  Now normally it&#8217;s no biggie for the company, because in the second half, they always make so much money that it wipes away the loss and Nintendo leaves the year Green.<\/p>\n<p>It&#8217;s sad to hear Nintendo say then,that despite how well they will undoubtedly do during the holidays and early next year, they still expect to have a loss of $264 million when it&#8217;s all said and done.  Nintendo has had an incredible track record of making a profit for about three decades straight, so unless their holiday sales far exceed their expectations, this will be their first Red year in a very long time.<\/p>\n<p>This doesn&#8217;t mean the end for Big N, however.  It&#8217;s just a bump in the road, but one that Nintendo does have to pay attention to, so that they don&#8217;t repeat any of the same mistakes again.  Good luck, Nintendo.  I hope Zelda, Mario, and Mario Kart will help you out this Winter.  Oh and The Last Story and Xenoblade would have probably helped too (it&#8217;s not too late to release them here, one mid January and one early February).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ok, add up your money plus your friend&#8217;s money and then put in mine and oh hell, put in everyone&#8217;s savings that you know and when you add it all up&#8230;Nintendo lost more in the first half of this current fiscal year. And if you&#8217;re wondering, that period so far has gone from April 1st [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[165],"tags":[],"_links":{"self":[{"href":"http:\/\/paulgalenetwork.com\/home\/wp-json\/wp\/v2\/posts\/3616"}],"collection":[{"href":"http:\/\/paulgalenetwork.com\/home\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/paulgalenetwork.com\/home\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/paulgalenetwork.com\/home\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/paulgalenetwork.com\/home\/wp-json\/wp\/v2\/comments?post=3616"}],"version-history":[{"count":1,"href":"http:\/\/paulgalenetwork.com\/home\/wp-json\/wp\/v2\/posts\/3616\/revisions"}],"predecessor-version":[{"id":3617,"href":"http:\/\/paulgalenetwork.com\/home\/wp-json\/wp\/v2\/posts\/3616\/revisions\/3617"}],"wp:attachment":[{"href":"http:\/\/paulgalenetwork.com\/home\/wp-json\/wp\/v2\/media?parent=3616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/paulgalenetwork.com\/home\/wp-json\/wp\/v2\/categories?post=3616"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/paulgalenetwork.com\/home\/wp-json\/wp\/v2\/tags?post=3616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}