Nintendo Profit Beats, Forecast Misses Estimates

Nintendo Profit Beats, Forecast Misses Estimates

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the impact of the economic reopening on Nintendo's market, highlighting the company's strong performance despite the pandemic. It explores the role of Nintendo's game quality in its success and addresses concerns about chip shortages affecting production. The video also covers Nintendo's conservative forecasts and plans for an upgraded console, indicating that the company is prepared to manage component shortages and meet demand.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was one of the key factors that contributed to Nintendo's strong earnings during the pandemic?

Reduction in production costs

The quality of its games

Expansion into new markets

Increased demand for outdoor games

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why do analysts consider Nintendo's next year's forecast to be conservative?

Nintendo is planning to exit the North American market

Nintendo is expecting a decline in game quality

Nintendo tends to set low targets to outperform them

Nintendo plans to reduce its workforce

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Nintendo plan to handle the chip shortage affecting its production?

By outsourcing production to other countries

By reducing the number of consoles produced

By increasing the price of its consoles

By setting conservative sales forecasts

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What challenge is Nintendo facing with its current Switch console?

The console is becoming outdated

The console is too expensive

The console has limited game options

The console is not popular in North America

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Nintendo's plan for the latter half of the year regarding its console?

To expand into the mobile gaming market

To focus solely on software development

To release an upgraded version with limited availability

To discontinue the current Switch console