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Topic: Nintendo losses expected to hit $1 billion

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komicturtle

Daaaaaamn. But still, they'll bounce back. As always.

I only care about the sake of Smash Bros. 3DS and WiiU :3

komicturtle

ChaosTheChao

Mario Kart 7 and Super Mario 3D Land are sure to rake in some money so i'm sure they'll pull through.

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kkslider5552000

game company releases basically no games

has to cut price of handheld quickly

loses money

i do like that logic can still exist in this world

[Edited by kkslider5552000]

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Reggie4Life

It's almost hard not to think that they'll bounce back. With Super Mario 3D Land, Pokemon Rumble Blast, Mariokart 7, Skyward Sword, and other great 3rd party titles on the way for BOTH of their current platforms, this Holiday season is almost a sure-fire hit. It's almost impossible that they'll make a billion dollars back, but this may be the bit of motivation Nintendo needs to be the champion in console sales again since 2009, with the Wii, I believe? Correct me if I'm wrong.

[Edited by Reggie4Life]

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shingi_70

kkslider5552000 wrote:

game company releases basically no games

has to cut price of handheld quickly

loses money

i do like that logic can still exist in this world

You do realize that the Loss is due to The strength og the Yen over the euro and has nothing to do with the games right? Even then Transtion periods between console's are usally hard and they have two going on at the same time.

They have around 6 billion in pure cash beyond the profits they make. Its been said it would take at least 3 PS3 size losses to sink nintendo.

WAT!

Hey check out my awesome new youtube channel shingi70 where I update weekly on the latest gaming and comic news form a level headed perspective.

kkslider5552000

shingi_70 wrote:

kkslider5552000 wrote:

game company releases basically no games

has to cut price of handheld quickly

loses money

i do like that logic can still exist in this world

You do realize that the Loss is due to The strength og the Yen over the euro and has nothing to do with the games right? Even then Transtion periods between console's are usally hard and they have two going on at the same time.

They have around 6 billion in pure cash beyond the profits they make. Its been said it would take at least 3 PS3 size losses to sink nintendo.

well I typed that before reading the article, fair enough

Non-binary, demiguy, making LPs, still alive

Megaman Legends 2 Let's Play!:
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shingi_70

kkslider5552000 wrote:

shingi_70 wrote:

kkslider5552000 wrote:

game company releases basically no games

has to cut price of handheld quickly

loses money

i do like that logic can still exist in this world

You do realize that the Loss is due to The strength og the Yen over the euro and has nothing to do with the games right? Even then Transtion periods between console's are usally hard and they have two going on at the same time.

They have around 6 billion in pure cash beyond the profits they make. Its been said it would take at least 3 PS3 size losses to sink nintendo.

well I typed that before reading the article, fair enough

Its cool. From what i hear nintendo is Doomed anyway.

WAT!

Hey check out my awesome new youtube channel shingi70 where I update weekly on the latest gaming and comic news form a level headed perspective.

komicturtle

Didn't Sony lose loads of money back in 2006-2007, even more than 1billion?

Look at Sony now.

Seriously though, many companies go through this. Just the media (like Gamespot) exagerrates the situation. It's bad, yes, but doom-worthy? Unlikely.

komicturtle

Haywired

Wii should have very strong holiday sales as it always does.

3DS seems to be doing quite well now post price-cut and huge hitters (Mario Land, Mario Kart) are imminent.

Haywired

LordJumpMad

Untitled
Looks like Nintendo is standing on its last leg.
If Nintendo falls, whos gonna make Sony and Microsoft look good?
I guess its time for the fat plummer to sing!

For you, the day LordJumpMad graced your threads, was the most important day of your life. But for me, it was Tuesday.
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LordTendoboy

I have a 3DS and love it. It's the best handheld that Nintendo has ever made, a culmination of all their previous efforts. The Virtual Console, DSiWare, DS games, and 3DS software all on one device? Bliss.

Yes I know I sound like a fanboy. Haters gonna hate.

[Edited by LordTendoboy]

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zezhyrule

tendoboy1984 wrote:

I have a 3DS and love it. It's the best handheld that Nintendo has ever made, a culmination of all their previous efforts. The Virtual Console, DSiWare, DS games, and 3DS software all on one device? Bliss.

Yes I know I sound like a fanboy. Haters gonna hate.

Okay. That has nothing to do with anything.

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LordTendoboy

LordJumpMad wrote:

Untitled
Looks like Nintendo is standing on its last leg.
If Nintendo falls, whos gonna make Sony and Microsoft look good?
I guess its time for the fat plummer to sing!

Oh come on. Nintendo's been through far worse.

  • Virtual Boy
  • N64's poor sales and lack of 3rd-party support, and waiting MONTHS to get any decent games
  • GameCube's poor sales and lack of 3rd-party support, and the plethora of rushed ports

And can't Nintendo make up for this "Yen to Euro loss" by selling well in Japan?

[Edited by LordTendoboy]

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Mini-Land Mayhem (NEW) 5071-8232-0670
Wii Friend Code 5519-8046-0668-6068
Smash Bros. Brawl 1893-2412-4594
[...

V8_Ninja

I'm not really surprised. Nintendo is finally stepping down from the buckets of gold that the Wii has brought them, so its basically inevitable that they won't gain as much money as before. But 1 billion is a pretty big number regardless.

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Bankai

tendoboy1984 wrote:

LordJumpMad wrote:

Untitled
Looks like Nintendo is standing on its last leg.
If Nintendo falls, whos gonna make Sony and Microsoft look good?
I guess its time for the fat plummer to sing!

Oh come on. Nintendo's been through far worse.

  • Virtual Boy
  • N64's poor sales and lack of 3rd-party support, and waiting MONTHS to get any decent games
  • GameCube's poor sales and lack of 3rd-party support, and the plethora of rushed ports

And can't Nintendo make up for this "Yen to Euro loss" by selling well in Japan?

Resisting urge to bash head against wall

Virtual Boy. Nintendo had other consoles selling well.
N64. Ninendo had other consoles selling well.
Gamecube. Nintendo had other console selling well.

3DS. OH %$&#$()&#) WHERE'S THE OTHER CONSOLE?!?!

See the problem?

As for your ridiculous other point. Yes. Nintendo could alleviate its problems by selling well in Japan. Except the for the first time ever, Nintendo dropped out of #1 publisher in Japan (Bandai Namco took over).

Except that Japan is is a woeful economic environment. Except that Japan has the second worst debt problem IN THE WORLD, and the only country worse off there is friggen' Zimbabwe. Except that Nintendo runs a business at a scale that doing well in just one region won't be enough. Except that Nintendo has some very disgruntled shareholders now, that can ruin a business, and doing well in one region won't magically make them happy.

Do I really need to go through a whole lecture, yet again, about how people who don't understand business and believe Wikipedia is a reliable source of information should refrain from posting an attempt at business analysis?

Just the media (like Gamespot) exagerrates the situation. It's bad, yes, but doom-worthy? Unlikely.

That's because the number of games journalists out there who are qualified to write stories, let alone analyse, business you can count on one hand.

Seriously. Business journalists come out of business degrees at university. They don't come out of high school with 1000 hours logged on Call of Duty, which is where games journalism pulls its "talent" from.

Adam

Virtual Boy was not one of their main consoles. N64 and Gamecube era Nintendo still had portables doing well.

This is the first time I can think of when Nintendo's underwhelming in both console and handheld areas, as far as general public perception that is.

That said, I have no idea how significant this particular loss is, nor do I particularly care. Maybe it'll motivate them to make more games. That would be fun.

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To the bear arcades again.

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