After following the investor's meeting last night I can only say that I'm flabberghasted. I thought Nintendo would have something big down the pipeline but the response to this crisis has been nothing short of a joke.
Nintendo's new strategy hurts the following parties:
1. Investors. Investors want diversity but not like what was announced. They wanted Nintendo to publish software on other devices not start a new health-care business.
2. Nintendo gamers. The new business model will likely just hurt gamers because it will draw away resources from the gaming divisions to run the health care pillar. No plans to drop the gamepad also hurts gamers who want just a non-gimmicky controller and console. In fact, they announced plans to expand use of the gamepad which seems to cater to very young children instead. I can't think of an adult who enjoys the Skylander/Infinite gimmick. This is bad news for adult Wii U owners.
3. Non-Nintendo gamers. Everyone else basically. We want to play Nintendo games on our HD console of choice. Some people would probably buy the Wii U if it dropped to that $199 sweet-spot with a pro controller SKU. No new price cuts will definitely turn away potentially new customers.
4. Third parties. There was no solid strategy presented to attract 3rd parties to the Wii U.
So who is defending Nintendo now and why? With only some 2-3 games headed for the Wii U this spring, are you still satisfied with your purchase?