TheTux94 said:
He is retiring from Nintendo this year if I'm not wrong. |
Where did you hear that from?
TheTux94 said:
He is retiring from Nintendo this year if I'm not wrong. |
Where did you hear that from?
spurgeonryan said: It is not all about the systems. Nintendo is a business that is being run poorly. |
Recovering from a loss is not the same thing as being run poorly. Choose your words more carefully, and might I also suggest you're being overly cynical about Nintendo's business prospects. Especially when we're currently on the cusp of a 3DS explosion in Japan.
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. |
At what price point did you buy your NTDOY shares? They were at 52 week low last time I checked... very bad stock to own. They don't even pay dividends as well as they used to back when the Wii had its super success 2006-2008
Of course they are a bad stock to own and don't pay dividends at a high rate right now... that's why they are a great stock to buy. The simple objective of buying and trading stock is, of course, to buy low and sell high. Nintendo is low right now so they are a great buy. When they are successful they will be a great sell since most people do the opposite of what they should do. Oh, and as I said above I purchased at $13.92, meaning today I'm down a buck. For a long time I was up 33% which was a nice quick return. I have slight regret not cashing out and then buying again...it would have been some serious nice extra $$, but my plan has always been to keep it till next fall. By that point 3DS should be pushing 40 million in user base and printing money, WiiU should be starting to hit its stride...hopefully with some good hype, pushing stock prices upwards. We'll see what happens.
NintendoPie said:
Where did you hear that from? |
Firing him is equivalent to ending production of 5 of their top 10 IP's. Also, he is not retiring any time soon, he is transitioning into a smaller role, working with smaller teams on smaller games, and giving some of the big IP's over to people who are younger, but are more than capable (Aonuma, Tezuka, Koizumi, etc).
sperrico87 said: Firing him is equivalent to ending production of 5 of their top 10 IP's. Also, he is not retiring any time soon, he is transitioning into a smaller role, working with smaller teams on smaller games, and giving some of the big IP's over to people who are younger, but are more than capable (Aonuma, Tezuka, Koizumi, etc). |
Who will take his position? Was that announced?
Mr Khan said:
Ironically (and from a pure business perspective, mind) Sakamoto does great things if you keep him away from Metroid. Tomodachi Collection and its Japanese success was pretty much all him. Game and Wario is likely his baby as well, and that could do good things on Wii U (not great, but good) Aonuma just needs to be given tighter deadlines and less creative freedom, as we know the best art is made with the right degree of adversity, and he has had a bit too much creative freedom of late. |
I give you Sakamoto. He might do well as long as he is kept from Metroid. But Aonuma hates eveything that makes Zelda good. He couldn't even finish Super Mario Brothers. He shouldn't be anywhere near Zelda, or anywhere near an influential position in any Nintendo game. The guy is clueless.
I LOVE ICELAND!
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. |
I too have used the YoY 3DS sales increase, as well as the fact it's still outpacing the DS globally in arguments in Nintendo's favor.
But then I considered the following:
Nintendo's biggest markets are outside of Japan. U.S. and European growth specifically must be used and cited as markers of success & future prospects since Japan alone can't sustain growth for Nintendo.
The 3DS sold 600,000 fewer units in the United States total in calendar year 2012 though it had more available games, a price cut, and 3 more months on sale vs 2011 - and dropped 38k in weekly average sales.
Now Europe:
cusman said:
At what price point did you buy your NTDOY shares? They were at 52 week low last time I checked... very bad stock to own. They don't even pay dividends as well as they used to back when the Wii had its super success 2006-2008 |
of course their dividends aren't going to be as good as 06-08, it based off profits. Nintendo's shares being suppressed is baffling, but I would be shocked if we don't see the shares near 20$ by mid year. All four devices are profitable right now with Wii selling well above it's software projections. Nintendo profited last year in the 3rd quarter with 3DS selling at a loss. There is no way they cannot be profitable this year while making money off 3DS hardware. They'll end up moving somehwere around 15 million 3DS' before the fiscal year is complete.
The one thing I will blame Iwata for is under his leadership Nintendo has failed to create (or really even try all that hard) any new long lasting I.P.
The whole Brain Training/Nintendogs/Wii Fit/Wii Sports crazes were immensely profitable for Nintendo, but really, these franchises have burnt out and had their moment in the sun.
Nintendo failed to properly invest in making new franchises and cut off most ties with Western 2nd parties (bye bye to things like Perfect Dark, Conker, Killer Instinct, Eternal Darkness, NBA Courtside, Star Wars Rogue Squadron, etc.). At NST things like Project: HAMMER were canned.
Nintendo's answer under Iwata to everything nowadays seems to be "just throw Mario at the problem". 3DS in trouble? Throw Mario at it (Mario 3DL + Mario Kart 7). Need to maintain 3DS momentum? More Mario (NSMB2 + Paper Mario). Need to launch the Wii U? More Mario (NSMB U).
They're like a coach that is wearing out their star player by failing to develop any other talent.
Under Iwata, Nintendo has not had a hit new character-based I.P. franchise in 10+ years. The last one Nintendo really even tried with was Pikmin, and that was a moderate success.
Jumpin said: 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. |
Well, to be fair, the former boss of Sony got fired and Kazuo Hirai got promoted, because the gaming-branch is not the source of the problems.