So I have recently been talking about how share holders at several game companies are making support of 3DS hell. But this got me thinking about Nintendo's own moronic share holders. You know the ones who want Nintendo to stop making hardware and go third party, the ones who according to 01net, share holders and some Nintendo staff want Iwata to be fired.
Share holders are idiots and their greed knows no bounds. Nintendo shares continue to drop since the announcements made this week. Infact shares dropped a further 5%. Share holders are upset that Nintendo is now operating at a loss.
Now of course this wouldn't be much of a problem if Nintendo was going to turn around in 2012. But they aren't going too fact is 3DS is being sold at a loss and its going to continue bleeding money for a few years until Nintendo can figure out a way to cut costs, even if software sales pick up on 3DS Nintendo will probably barely break even. Then there is the WiiU, it is not going to sell gangbusters at launch like Wii did if Nintendo's statements are credable. An expensive home console with a very pricey controller is going to have a very hard time selling to the Wii market. Even if WiiU did sell amazing the sales wouldn't be enough to dig Nintendo out of its current situation.
Nintendo will continue to bleed money for at least two or so more years. As Nintendo bleeds money these share holders will put more and more pressure on Nintendo. If these share holders succeed in firing Iwata and reshaping Nintendo they could forever change the company. I think Nintendo would be smart to use its 13-billion in reserves to buy back a 51% share in the company or at least ensure that moronic share holders do not control the company.
Do you think share holders could potentially make Nintendo third party if they put enough pressure on them? Are share holders a bigger threat to Nintendo's survival then Sony and Microsoft or even the smart phones? Could share holders and investors in Nintendo be the biggest threat to Nintendo's existance ever experianced in Nintendo's history.
I also have a question about this, with Nintendo having 13-billion in reserves. Can share holders actually take the company over? Do share holders actually have the power to fire Iwata or bring Nintendo out of the hardware business?
If share holders can , then they are the biggest threat Nintendo has ever faced. Maybe all of us gamers should go out and buy Nintendo stock and take out those moronic share holders once and for all!
-JC7
"In God We Trust - In Games We Play " - Joel Reimer