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Forums - Nintendo Discussion - What Nintendo's Financials Actually ACTUALLY Mean... Probably...

ZyroXZ2 said:
It seems some people caught onto my attempt to remain positive instead of just thinking negatively about it all.

In all seriousness, though, I'm laughing about the "oh so why did they only predict 3.6 mil consoles for the next fiscal year?" replies. Sony predicted 5 mil by March, and sold 7.1 mil. So what's your point? That 3.6 mil is some sort of limit? They could end up selling double that for all we know, haha

I guess I get tired of seeing a big public entity make a mistake, and everyone jumps on their social media high horses and parades around waving their 500+ IQ flags


I like your enthusiasm, but to think that the current status of the WiiU sales were somehow part of a strategy seems a little too forced, but one can dream and I hope the circumstances change for the better, as I need more Nintendo in my gaming life.



Gaming on:

PC:
Asus Z87-A  |  i7 4770K  |  MSI Radeon RX 480 Gaming X 8GB
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Consoles:
WiiU
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PS 3 / 4

Handhelds:
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ZyroXZ2 said:
It seems some people caught onto my attempt to remain positive instead of just thinking negatively about it all.

Maybe instead of thinking in terms of positive or negative, you should think in terms of reality.


In all seriousness, though, I'm laughing about the "oh so why did they only predict 3.6 mil consoles for the next fiscal year?" replies. Sony predicted 5 mil by March, and sold 7.1 mil. So what's your point? That 3.6 mil is some sort of limit? They could end up selling double that for all we know, haha

Except Nintendo has consistently missed all of their projections for several years, many by a wide margin. Selling double that is nothing but wishful thinking.

I guess I get tired of seeing a big public entity make a mistake, and everyone jumps on their social media high horses and parades around waving their 500+ IQ flags

So because you're upset about seeing that, you wrote an emotion driven OP rather than a logical one. Sounds about right.

 





umegames said:
theprof00 said:
Nintendo isn't structured in a way to make money. They know how to sell a console for profit and they know how to make a profit on the games they release, but as far as how to be a competitive, organized, and functioning business they know less than their competition.


a company that's been in the video game business for 20+ years, up against the arcades, atari, sega, and sony doesn't know how to compete, be organized and above all, be a functioning business.....

you mind elaborating on that a little more?

Thought it had all the elaboration it needed.

They know what they're doing when it comes to making games. When it comes to making money, they do not.

That being said, they've made some truly brilliant games, which in turn has made them money....but it's not their business sense that is doing it for them.

For instance. The other day I was playing advance wars on my friends phone, which he downloaded with an emulator. I wanted to get it, so the first thing I did was boot up my 3ds. Huh? Only one advance wars title? And it's the first one? I'm not buying that. Oh well, guess I'll just have to dl it on my phone. This was an actual series of events....and this likely happens every few minutes.

Nintendo doesn't give people what they want. They're kinda like how disney functions with their vault. Cinderella comes out on Bluray then disappears for 10 years. Meanwhile people turn to downloading and buying used. They're just losing potential profits. Now, where disney is concerned, they don't have as big of a problem because of the medium, and the profit margins are a lot better....but nintendo shouldn't...Can't function the same. They want to make money, they need to release more games...especially their back-catalogue.



ZyroXZ2 said:
It seems some people caught onto my attempt to remain positive instead of just thinking negatively about it all.

In all seriousness, though, I'm laughing about the "oh so why did they only predict 3.6 mil consoles for the next fiscal year?" replies. Sony predicted 5 mil by March, and sold 7.1 mil. So what's your point? That 3.6 mil is some sort of limit? They could end up selling double that for all we know, haha

I guess I get tired of seeing a big public entity make a mistake, and everyone jumps on their social media high horses and parades around waving their 500+ IQ flags

Nintendo has not made "a" mistike- they have made many big mistakes re the Wii U and sevveral of them were mistakes they have made previously and promised not to make again-

If you want to be positive about the most recent financial updare then just pretend they said:

the Wii U had record sales and is on track to pass the wii in hardware sales

that Wii U software is on tract to have the highest attach rate in the industry

that 3DS sales are on a huge upswing w momentum sales growth sure to carry through fiscal year 2016

Iwata s approval rate is at an all time high at 99.9%

now that would be positive and much more realistic/beleivable than what you  declared to be  "actually" what their financials meant



This makes absolute sense to me. If you are being serious, and the Wii U is now not taking a loss this is good thing and now they can just concentrate on games for the system in the future. And I also agree with the quote its a marathon not a sprint. Game consoles are now going to have a longer life due to DLC and power of the systems. Look at the PS4 and PS3 not much difference graphically the only thing that is impressive on the upgrade are the loading times, but that's it. Nintendo took hit last year because Iwata s over confidence , nothing more. I easily couldof told you no way they make what he projected unless he over paid in advertising like Sony did.



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It made sense because you were skeeping phases... no company would self-sabotage itself by cutting the sales forecast by like 70% and still not meet it.

If Iwata was a good planner as you think they would probably release a console not getting so much loss that is better not to sell it (in your words). So Your post is so full of holes that it can't even stand.



duduspace11 "Well, since we are estimating costs, Pokemon Red/Blue did cost Nintendo about $50m to make back in 1996"

http://gamrconnect.vgchartz.com/post.php?id=8808363

Mr Puggsly: "Hehe, I said good profit. You said big profit. Frankly, not losing money is what I meant by good. Don't get hung up on semantics"

http://gamrconnect.vgchartz.com/post.php?id=9008994

Azzanation: "PS5 wouldn't sold out at launch without scalpers."

DolPhanTendo said:
This makes absolute sense to me. If you are being serious, and the Wii U is now not taking a loss this is good thing and now they can just concentrate on games for the system in the future. And I also agree with the quote its a marathon not a sprint. Game consoles are now going to have a longer life due to DLC and power of the systems. Look at the PS4 and PS3 not much difference graphically the only thing that is impressive on the upgrade are the loading times, but that's it. Nintendo took hit last year because Iwata s over confidence , nothing more. I easily couldof told you no way they make what he projected unless he over paid in advertising like Sony did.


You do realize that the jump from Xbox original for X360 wasn't big on the games released on the release of the console right? So you can expect to keep seeing X1 and PS4 games get better graphics over time, not that this is the problem with the WiiU.



duduspace11 "Well, since we are estimating costs, Pokemon Red/Blue did cost Nintendo about $50m to make back in 1996"

http://gamrconnect.vgchartz.com/post.php?id=8808363

Mr Puggsly: "Hehe, I said good profit. You said big profit. Frankly, not losing money is what I meant by good. Don't get hung up on semantics"

http://gamrconnect.vgchartz.com/post.php?id=9008994

Azzanation: "PS5 wouldn't sold out at launch without scalpers."

DonFerrari said:
It made sense because you were skeeping phases... no company would self-sabotage itself by cutting the sales forecast by like 70% and still not meet it.

If Iwata was a good planner as you think they would probably release a console not getting so much loss that is better t to sell it (in your words). So Your post is so full of holes that it can't even stand.


You obviously know little about business. Iwata's over the top prediction is what made the Wii U look worse then what it did. Its common sense. He thought that Casuals would just start buying the Wii U because it had the Wii name on it. Like a soccer mom isnt going to notice a big gamepad. I was expecting 7-8 million sold around this time, do to where we are in gaming. Nintendo made so much money off the Wii its ridiculous.

DolPhanTendo said:
DonFerrari said:
It made sense because you were skeeping phases... no company would self-sabotage itself by cutting the sales forecast by like 70% and still not meet it.

If Iwata was a good planner as you think they would probably release a console not getting so much loss that is better t to sell it (in your words). So Your post is so full of holes that it can't even stand.


You obviously know little about business. Iwata's over the top prediction is what made the Wii U look worse then what it did. Its common sense. He thought that Casuals would just start buying the Wii U because it had the Wii name on it. Like a soccer mom isnt going to notice a big gamepad. I was expecting 7-8 million sold around this time, do to where we are in gaming. Nintendo made so much money off the Wii its ridiculous.


I would say that then Iwata knows even worst since he done such a bad prediction. And I said the OP maid sense to the one who made because he just skipped several gaps in his analysis and just looked at A and B and tought they connect when they don't.



duduspace11 "Well, since we are estimating costs, Pokemon Red/Blue did cost Nintendo about $50m to make back in 1996"

http://gamrconnect.vgchartz.com/post.php?id=8808363

Mr Puggsly: "Hehe, I said good profit. You said big profit. Frankly, not losing money is what I meant by good. Don't get hung up on semantics"

http://gamrconnect.vgchartz.com/post.php?id=9008994

Azzanation: "PS5 wouldn't sold out at launch without scalpers."

What a perfect plan! They even went the extra mile to piss off third parties to have less competition for their own games on that platform ;)