Nintendo - Time Is Running Out

[Manji187]

"What's your thoughts?" You mean what ARE my thoughts?

Since people generally suck at predicting the future, I think I'll just take your prophet of doom rant with a grain of salt and wait and see.

 

[MetalDooley]

and make no mistake, both Sony and Microsoft have been losing money on they consoles. a LOT of money.

in short, you should be more worried about your PS3 or 360 not being around much longer, not Nintendo

Yes this is the point I made earlier.Both MS and Sony have lost a shit ton of money due to their gaming divisions.The 360 only finally became profitable for MS last year,5 years after launch.Sony's gaming division recorded a loss of $2.8 billion last year(over 5 times Nintendo's losses)which accounted for almost half of Sony's overall losses($5.7 billion in total)forcing Sony to axe 10,000 jobs worldwide

Yet we never hear anyone predicting doom for either of these companies

 

[Ragsnstitches]

Yeah, sales mean nothing. Gaming isn't about the money.

Yup, tell that to the hundreds of talented people being laid off within the industry because sales didn't meet expectations.

Poor sales are not exclusive to bad games btw... some good and even great games have slipped under the view of the masses because some generic piece of shit sequel came out and everyone was hungry for a numerical increase to the exact same shit they played last year.

Granted, I would prefer an industry where the quality of the game was more important then the size of the market it's aimed at. But that's not the case... niche games are dying within the industry, Indie Developers still succumb to playing it safe (more of the same with a different name) and the new Crowdfunding movement, though optimistic, is likely going to fall hard before it actually goes anywhere new.

Your view is idealistic, and actually kind of heartening, but not true.

 

[Something Amyss]

Actually, last I checked they're still doing okay.

They recently reported their first annual loss. Ever.

I personally have absolutely zero interest in their products, but calls of their demise are drastically premature.

Annual loses aren't necessary for a failing company. They've suffered many quarterly losses before, which are enough to kill a company.

However, Nintendo still seems to be okay.

 

[Henkie36]

As I've said time and again, Nintendo needs to come up with new stuff that actually works. Granted something like the XBox 360 is safe and marketable and yes, if PS3 sales take a dip, Sony still has it's tv's they can rely on for profit, but the point is, they come up with new stuff. All Nintendo ever seems to do is make same four games over and over again, and they have been at it for the past thirty years. Even the Wii is just the next step up from the Power Glove, which also didn't work.

The ''Nostalgic Fanboys'' are gonna run out at some point in time, i'm guessing about ten years from now. Then what? Are they also going to make tv's? Ones that you can control by shaking your head?

Basically, I feel like the R&D is the least funded part of Nintendo. Nothing new, nothing original, it just arrives in a shinier jacket.

 

[Hazy992]

As long as the final product is of high quality, it doesn't matter who gets laid off.

So you don't care about people losing their jobs and companies going bankrupt just so you can play a game? That's pretty fucking harsh.

A good game company never cares about the money.

I really can't be bothered explaining to you yet again why this doesn't make any sense.

 

[Strain42]

Hey, do you guys remember about 12 years ago when market analysts were telling us that the DreamCast was going to absolutely bury the PS2?

Nintendo is going to be fine. They're still releasing consoles (which people will buy) they're still releasing a pretty fair number of titles per year, and they're still going strong with fans while still doing things that can bring in new fans.

Nintendo has been around since 1889, people (and no, that's not a typo) they aren't going to suddenly go under just because the 3DS was off to a rocky start or because Kid Icarus received some negative criticism.

 

[verdant monkai]

Yeah, sales mean nothing. Gaming isn't about the money.

It is.

For the people who make them anyway. It is an industry industries try to make money.

 

[Lugbzurg]

Yeah, sales mean nothing. Gaming isn't about the money.

It is.

For the people who make them anyway. It is an industry industries try to make money.

I see a lot of people trying to insist this guy was wrong. It seems to me he was being sarcastic, and you all took it literally.

 

[DJjaffacake]

Who cares about how popular they are? The point is the quality of their games.

Er, they do, because they need their games to be popular in order to make money.

I see a lot of people trying to insist this guy was wrong. It seems to me he was being sarcastic, and you all took it literally.

The thing is, it's what he always says.

 

[Theminimanx]

Actually, last I checked they're still doing okay.

They recently reported their first annual loss. Ever.

I personally have absolutely zero interest in their products, but calls of their demise are drastically premature.

Annual loses aren't necessary for a failing company. They've suffered many quarterly losses before, which are enough to kill a company.

However, Nintendo still seems to be okay.

How exactly can a quarterly loss kill a company if the losses are balanced out by the profits from the rest of the year? Unless you manage to lose all your money in a single quarter, that's not going to happen. And need I remind you of the ENORMOUS pile of money Nintendo is sitting on?

 

[Jingle Fett]

I remember seeing in the Q&A section of an old Gamepro magazine someone commenting that Nintendo should go the Sega route and stop making hardware and focus mainly on software. Reason being Nintendo was going downhill, they needed to do that to remain relevant, etc.

This was in 2001.

Like every company, they have their highs and lows. Do you know how much money the Wii has made since release? In 2009 it had made about $270 billion. That's about $90 billion per year, at the time. That's not counting the DS. That's not counting the 3DS. That's not counting the first-party games, ie Super Mario Galaxy, New Super Mario Bros, SSBB, Twilight Princess, Metroid Prime, etc. That's not counting Virtual Console sales.

Just because they're not making as much profit right now at the moment doesn't mean they're not still lighting their cigars with $100 bills.

Nintendo is doing fine.

 

[verdant monkai]

Yeah, sales mean nothing. Gaming isn't about the money.

It is.

For the people who make them anyway. It is an industry industries try to make money.

I see a lot of people trying to insist this guy was wrong. It seems to me he was being sarcastic, and you all took it literally.

No that's the thing he is being in no way sarcastic. I remember having almost the exact same conversation, with him a while ago about whether Capcom care about people or not.

He lives in a beautiful fantasy land where companies exist to make people happy, and are not really interested in profits.
Or he is a Nintendo employee trying to spread propaganda