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Forums - Nintendo Discussion - Any other company would have fired their CEO by now. Time to fire across the board at Nintendo!

Jumpin on 07 January 2013

Is this some sort of twisted joke or troll thread?

Iwata led Nintendo to having the most successful generation in videogame history with the Wii and DS.

Also, comparisons between the Wii U and Vita are a little stupid, the Wii U has only been out for about a month and a week and has already almost caught up to the Vita worldwide. The Vita is a year old.

Also, why single out Nintendo? Why not look at the fact that the guy running Sony Computer Entertainment didn't get fired for his massive failures, rather he got promoted.



I describe myself as a little dose of toxic masculinity.

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Wander_ on 07 January 2013
KHlover said:

Yeah, he certainly held Nintendo back with these games. WTF is this crap, none of them sold more than 50m^^

i'm saying let him be a game director...designer...producer  nothing more nothing less nintendo needs more hardcore games to compete with the Xbox/PS



KHlover on 07 January 2013
Wander_ said:
KHlover said:

Yeah, he certainly held Nintendo back with these games. WTF is this crap, none of them sold more than 50m^^

i'm saying let him be a game director...designer...producer  nothing more nothing less nintendo needs more hardcore games to compete with the Xbox/PS

I don't think it would be wise for Nintendo to do that. The Nintendo core would tear them apart and the PS3/Xbox360 crowd shows again and again they are not interested in a Nintendo console. There were quite some core games on the Wii and almost all of them flopped.



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Jumpin on 07 January 2013
Wander_ said:
KHlover said:

Yeah, he certainly held Nintendo back with these games. WTF is this crap, none of them sold more than 50m^^

i'm saying let him be a game director...designer...producer  nothing more nothing less nintendo needs more hardcore games to compete with the Xbox/PS

About 72 million between Wii U and 3DS, and 1.6 billion on Wii and DS. Considerably higher than Sony's 800 million between PS3, Vita, and PSP, or Microsoft's 750 million. 



I describe myself as a little dose of toxic masculinity.

Ckmlb1 on 07 January 2013

Iwata's going to be gone sometime this year, Nintendo shares have been falling for a long time, the Wii was abandoned too quickly, the 3DS and Wii U have both had soft launches. Massive 3DS price cut in the first year and Nintendo losing money on Wii Us sold. These are all things that are uncharacteristic for Nintendo, especially after having the most successful console of this past generation and the most successful hand held ever. 

Edit: They would never force Miyamoto out, the only way he'd leave is retiring by choice.



XBL Gamertag: ckmlb, PSN ID: ckmlb

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Ckmlb1 on 07 January 2013

Someone should make a thread about this: http://www.reuters.com/article/2013/01/07/us-nintendo-console-sales-idUSBRE90605420130107

Iwata saying 638,339 Wii Us sold in Japan by December 30th



XBL Gamertag: ckmlb, PSN ID: ckmlb

NolSinkler on 07 January 2013
spurgeonryan said:

But Reggie makes me laugh and Iwata brought us our beloved Nintendo direct!

 

Fact is, Nintendo is not just a videogame maker. It is a business with investors. It needs to make money. We keep hearing "next quarter we will be making money" next console things will be different".

 

But here we are at the dawn of a new un-paranoid about end of the world, world. We still have little third party Nintendo console support. What support se do have is miss-guided as usual and has had no effect on sales. I think the biggest third party WiiU game is either Just Dance4 or ZombiU and the sales are not big. 3DS is doing fine in the West. But nowhere near as good as it could be. Look at Japan compared with here. 3DS could be leagues ahead of the DS, but we have to be happy with it being about on par.

 

Wii and DS need to be on their way out the door. I know Nintendo wants to regain their honor and have the Wii pass the PS and DS pass the PS2, but it is hurting their new systems.

 

Finally we have the stock problem. It has to go up. I know ot was bloated with the extravagant sales of the DS and Wii back in the day, but where its at now will not cut the cake. The guys in charge have not been successful in a while. How long can excuses be accepted? Do not even get me started on marketing. Grade: D-

 

I know it is hard, but it may be time for new leadership. Dare I say...Miyamotos retirement? So fare he has been used to promote rushed Mario games. People hated Skyward Sword and Pikmin 3 will be lucky to beat his last creation of love: Wii music.

Do you own stock in Nintendo?

These decisions are best left to the shareholders, who have a direct financial interest in the success of the corporation.



Jumpin on 07 January 2013
Ckmlb1 said:

Iwata's going to be gone sometime this year, Nintendo shares have been falling for a long time, the Wii was abandoned too quickly, the 3DS and Wii U have both had soft launches. Massive 3DS price cut in the first year and Nintendo losing money on Wii Us sold. These are all things that are uncharacteristic for Nintendo, especially after having the most successful console of this past generation and the most successful hand held ever. 

Edit: They would never force Miyamoto out, the only way he'd leave is retiring by choice.

The massive 3DS price cut has caused the handheld to sell nearly 30 million after a year and 8 months, I don't see why you think that is a mistake. Without a price cut, it is possible the 3DS might be almost doing as poorly as Vita. Also, before Iwata, Nintendo was not a very successful company. They had Gameboy, GBA, and NES. Nintendo had essentially been on a 15 year decline until Iwata took the reigns, and then the company profited more than the rest of the industry combined for several years.



I describe myself as a little dose of toxic masculinity.

TheLastStarFighter on 07 January 2013
Vinniegambini 25 minutes ago
TheLastStarFighter said:
I have bought a significant amount of Nintendo stock. I can say that a big reason I purchased was because of the leadership of Iwata and Myamoto. Nintendo's software has been other-worldly successful and Iwata has lead a complete revival of the Nintendo brand. 3DS is trending ahead of its predecessor and that will likely continue as DS dies of in the US. WiiU just launched to around 80% of the sales of Wii despite selling in a very different environment and at a significantly higher pricepoint. As a shareholder I'm very pleased. The philosophy of not going all out to push tech boundries is very wise. The low price and touchscreen interface should appeal to a mass-market audience. People may want a better-looking NSMBU, but it was probably affordable to produce and should generate buckets of profits. And as far as 3rd party support goes as a gamer I want it but if it doesn't come I'll just buy a PS4 or Nextbox depending on which seems better. But as a shareholder I don't really care as long as the systems still sell. 3rd party is great, but if you have a 1st part dominated system you make way more profits since you make more money off 1st party. I only want to see more 3rd party support in that it will help drive sales, especially late-life sales...but by then I will have probably sold my stock anyway.

What was your entry point? Mine was 14.40$ :(

 

 

I started picking it up as it started to really fall in the summer. My overall average is $13.92.  I feel confident that we'll see it fly past $20 at some point this year, but I'm kicking myself for not selling at $17 and re-buying now. I didn't anticipate this fall though...and there's really no  reason for it.  They will most likely hit their projections, and the yen falling in value is wonderful for them. I think 14.40 will make you very happy, but it may take a year.



Ckmlb1 on 07 January 2013
Jumpin said:
Ckmlb1 said:

Iwata's going to be gone sometime this year, Nintendo shares have been falling for a long time, the Wii was abandoned too quickly, the 3DS and Wii U have both had soft launches. Massive 3DS price cut in the first year and Nintendo losing money on Wii Us sold. These are all things that are uncharacteristic for Nintendo, especially after having the most successful console of this past generation and the most successful hand held ever. 

Edit: They would never force Miyamoto out, the only way he'd leave is retiring by choice.

The massive 3DS price cut has caused the handheld to sell nearly 30 million after a year and 8 months, I don't see why you think that is a mistake. Without a price cut, it is possible the 3DS might be almost doing as poorly as Vita. Also, before Iwata, Nintendo was not a very successful company. They had Gameboy, GBA, and NES. Nintendo had essentially been on a 15 year decline until Iwata took the reigns, and then the company profited more than the rest of the industry combined for several years.

Of course the price cut increased sales, I'm saying it was a mistake to release the 3DS at that price and they had to do a quick price cut to save it. The 3DS was also sold at a loss for about a year because of that price cut which is unusual for Nintendo to sell hardware at a loss.



XBL Gamertag: ckmlb, PSN ID: ckmlb