Nintendo announced second consecutive annual loss (336$ million )
Particularly shocking is that they apparently only sold 390 000 units in the last three months when they announced 3.06 million sold units.
http://www.theverge.com/2013/4/24/4260062/nintendo-2012-earnings
Things are not looking good for Nintendo at all.
I see your dreary news article and raise you another.
Nintendo posted a profit for the fiscal year ending March 31st:
http://news.yahoo.com/nintendo-returns-profit-weak-yen-boost-075359967.html
Originally posted by dadudemon
I see your dreary news article and raise you another.Nintendo posted a profit for the fiscal year ending March 31st:
http://news.yahoo.com/nintendo-returns-profit-weak-yen-boost-075359967.html
Yes, difference between operating and net income. Favorable yen means a slight profit for them. Operating loss points to problems in health of company. Again, real shocker is abysmal Wii U sales.
Originally posted by Bardock42
Yes, difference between operating and net income. Favorable yen means a slight profit for them. Operating loss points to problems in health of company. Again, real shocker is abysmal Wii U sales.
They predict more profit...lots and lots of profit. Nintendo still sells such a massive load of software that I don't see the Wii-U's failure as detrimental for Nintendo, just yet. They are still in the console market...even if they become exclusively hand-held.
Originally posted by dadudemon
They predict more profit...lots and lots of profit. Nintendo still sells such a massive load of software that I don't see the Wii-U's failure as detrimental for Nintendo, just yet. They are still in the console market...even if they become exclusively hand-held.
Maybe.
I want Nintendo games on my Apple devices.
Originally posted by Bardock42
Maybe.I want Nintendo games on my Apple devices.
A new line of Apple devices that are "Nintendo-ready."
We could call it the "Apple-N" line. Or the "Appleto". Or "Nintenple." I lol'd.
Originally posted by Smasandian
If you play SP games, it downloads in the background. If you play games online, it stops.Let's just say I'm downloading a game on PSN right now and it's at 50%, it's taken over 10 hours.
I rather have faster speeds than the ability to dl while playing a game, which XBOX does.
Doesn't work for me with some SP games, i start playing and the thing pops up "download stopped"
as for the next Xbox hope that "Online only" deal doesn't turn out to be true.
Nintendo's slowly becoming the black sheep that Sega became in it's twilight years before becoming a software company. And I see history easily repeating itself here.
If these next console go for broke, and phone/tablet competition stiffens up even harder, then imo the Wii U may be that last straw that breaks the camel's back. And it'll be a break not even the casual market can and will repair. And why? When for example you've got mobile devices that practically look and play just as good as Wii U games do.
Nintendo will need a miracle this gen if it's gonna survive. Personally, I don't think they'll pull it off, no matter what Wii sales figures looked like last gen. We're in a new era. And a new market that doesn't look like it'll let the Nintendo pull off what it has in the past.
I say late 2014 will be the d.o.d., at the latest.
Originally posted by FistOfThe North
Nintendo's slowly becoming the black sheep that Sega became in it's twilight years before becoming a software company. And I see history easily repeating itself here.If these next console go for broke, and phone/tablet competition stiffens up even harder, then imo the Wii U may be that last straw that breaks the camel's back. And it'll be a break not even the casual market can and will repair. And why? When for example you've got mobile devices that practically look and play just as good as Wii U games do.
Nintendo will need a miracle this gen if it's gonna survive. Personally, I don't think they'll pull it off, no matter what Wii sales figures looked like last gen. We're in a new era. And a new market that doesn't look like it'll let the Nintendo pull off what it has in the past.
I say late 2014 will be the d.o.d., at the latest.
Originally posted by FistOfThe NorthDisagreed entirely, lol. IIRC Nintendo is actually a larger company than Sony, anyway. If Sony can weather all the lost money they have, Nintendo can handle one slow year. Besides, with all the shit coming out for the Wii U this fall I'll be very surprised if console sales don't pick up.
Nintendo's slowly becoming the black sheep that Sega became in it's twilight years before becoming a software company. And I see history easily repeating itself here.If these next console go for broke, and phone/tablet competition stiffens up even harder, then imo the Wii U may be that last straw that breaks the camel's back. And it'll be a break not even the casual market can and will repair. And why? When for example you've got mobile devices that practically look and play just as good as Wii U games do.
Nintendo will need a miracle this gen if it's gonna survive. Personally, I don't think they'll pull it off, no matter what Wii sales figures looked like last gen. We're in a new era. And a new market that doesn't look like it'll let the Nintendo pull off what it has in the past.
I say late 2014 will be the d.o.d., at the latest.
Originally posted by FistOfThe North
Nintendo's slowly becoming the black sheep that Sega became in it's twilight years before becoming a software company. And I see history easily repeating itself here.If these next console go for broke, and phone/tablet competition stiffens up even harder, then imo the Wii U may be that last straw that breaks the camel's back. And it'll be a break not even the casual market can and will repair. And why? When for example you've got mobile devices that practically look and play just as good as Wii U games do.
Nintendo will need a miracle this gen if it's gonna survive. Personally, I don't think they'll pull it off, no matter what Wii sales figures looked like last gen. We're in a new era. And a new market that doesn't look like it'll let the Nintendo pull off what it has in the past.
I say late 2014 will be the d.o.d., at the latest.
Actually, both financially and in sales, Nintendo is nowhere even close to where Sega was before it threw in the towel. Someone perpetuated the "Nintendo is like Sega, now" back during the Gamecube days and this false myth keeps popping back up on the internet every single year...even when the Wii was selling stupid fast.
Currently, there is no legitimate parallel between Sega's failure and Nintendo's current state.
Even if you discount the points that the Wii U is a profitable console, even if things are slow right now, and that Nintendo still has a large user base to play with, and is in a strong financial position with many dev teams, and that even if they began a downward trend, late 2014 is a ridiculously early guess for any transformation there...
... then it would still all be irrelevant because Nintendo is a super-successful company on its handheld market alone, where they have once more annihilated the competition, just as they did to, for example, Sega back in the day, in part causing Sega's decline. They are completely safe for this generation.
Now, an argument could be constructed as to what Nintendo will have to do with the next generation with handhelds in order to stay afloat in a smartphone age, but that's a way off yet.
2014 is ridiculous. I do think a shift in business model could come within this cycle however. 3DS sales, while good, don't seem to be as good as Nintendo expected or wanted, and definitely not as good as DS sales were.
Also while they are dominating the handheld console market, that market is probably shrinking and won't be as profitable anymore. They expect to sell 5 million more 3DS this fiscal year than they sold last fiscal year. How they want to manage to do that, since last year they even had a product launch, I'm not sure, and I'd be dubious that these numbers are correct.
The Wii U sales (lower than Wii sales, and it was the Wii U launch quarter, that's ridiculous) are incredibly low, and by the time they'll have more software titles, they'll also have competition.
I personally don't think you can look at the numbers Nintendo posted in a positive way. I think they'll probably be out of the non-handheld console market next cycle (although how the market will look by then is another thing entirely)
But maybe they'll turn it around.
It's not ridiculous at all for a predecessor to outsell it successor post-launch- it's become the market norm.
No idea where you are being so firm as to day 'definitely' not as good as DS sales- the equivalent numbers are broadly similar. It outsold the DS year one sales, and in the US market the equivalent sales for the 3DS have been considerably above the DS. They are well on top of that market. They could survive on that alone easily.
Perhaps I am too negative about Nintendo's result there. And the 3DS sales do seem to have picked up (it's hard to compare, do you compare it to the original DS, or the DS Lite, or what...)
But obviously something would have to change, they can't continue with operating losses forever. And I assume the culprit is mainly the Wii U line.
No Nintendo Press Conference at E3 2013
"We are planning to host a few smaller events that are specifically focused on our software lineup."
It has begun.