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Forums - Nintendo Discussion - Nintendo was never doomed

Nintendo is gonna beat their sales goals easily

It's beating PS4 launch period numbers in the slow summer while PS4 had a holiday launch, with a short supply. 

 

Nintendo is a monster that's brand value, market value, stock is worth more then the entire Sony company, not just Sony computer/PS brand.

Nintendo has no debt like Sony, 13 billion in cash and IP that's worth billions and they are growing.

 

The amiibos, pokemon company, smart phone games and theme parks only spell a monster rising again. 

 

Nintendo was never doomed.



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I dunno. Things looked pretty bleak for the GameCube and Wii U. And at least the GameCube had the GBA selling alongside it. The Wii U had the DS's younger less successful brother. It's been so bad this Gen that Nintendo had to Mulligan and release the Switch.

While I don't believe Nintendo will ever go under, denial of how bleak it has been in the past will be what undoes the company.



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Azuren said:

I dunno. Things looked pretty bleak for the GameCube and Wii U. And at least the GameCube had the GBA selling alongside it. The Wii U had the DS's younger less successful brother. It's been so bad this Gen that Nintendo had to Mulligan and release the Switch.

While I don't believe Nintendo will ever go under, denial of how bleak it has been in the past will be what undoes the company.

Doomed.....is an tough word to use. Nintendo has never found itself at a point of being, say, like Marvel in the 90's. Perhaps in a bad period, but never 'on brink of failure'



The Democratic Nintendo fan....is that a paradox? I'm fond of one of the more conservative companies in the industry, but I vote Liberally and view myself that way 90% of the time?

gentii said:

It's beating PS4 launch period numbers

No it's not. It's 1.3m behind ps4 launch aligned.

http://gamrconnect.vgchartz.com/thread.php?id=228581



RolStoppable said:
Azuren said:
I dunno. Things looked pretty bleak for the GameCube and Wii U. And at least the GameCube had the GBA selling alongside it. The Wii U has the DS's younger less successful brother.

While I don't believe Nintendo will ever go under, denial of how bleak it has been in the past will be what undoes the company.

There have been Nintendo consoles that weren't successful, but that alone should have never been a reason to deny the financial state of the company and the generational nature of the video game business.

The original poster doesn't get all facts correct, but the general message is right.

I agree with the sentiments of OP, and I agree with what you're saying. I'm only pointing out that the fear of Nintendo going away is wrong, but not entirely unfounded.



Watch me stream games and hunt trophies on my Twitch channel!

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www.twitch.tv/AzurenGames

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I thought you are supposed to provide meaningful analysis to back up your claims, no? I agree with you -- Nintendo has never been in real trouble -- but this is a completely needless topic to raise, almost feels like a flame war waiting to happen. Especially when you compared Nintendo to Sony.

Sony has $16.82 billion (US dollars) in net cash, and over 161 billion USD in total assets. Nintendo does not even have 10% of that, standing currently at 11.87 billion USD of total assets. If this is meant to be a competition about which company has the healthiest assets, you are deluding yourself if you attempt to compare Nintendo to Sony and its numerous subsidiaries in a large variety of industries.

Likewise, Nintendo's revenues have been steadily decreasing since at least 2013 (635.42 billion in 2013 versus 489.10 billion in 2017), and despite posting a profit finally this year, they are still a very long way from being where they used to be. If Switch proves unable to bring in sales that are comparable to 3DS and Wii U combined, Nintendo will in fact be generating even less revenue than before.

Of course Nintendo is not doomed. It has never been. They are the creators of beloved games, and true masterpieces. In many ways, Nintendo is the pioneer and the archetype of the videogames industry.

But if your point is that Nintendo is not doomed, and that this is somehow a victory over Sony, then this is a really ridiculous stance to take. Comparing stock values is a red herring, and while you are technically correct that Nintendo does not possess any debt, they do have other liabilities amounting to over 1.6 billion USD -- double the amount from 2016.



Azuren said:

I dunno. Things looked pretty bleak for the GameCube and Wii U. And at least the GameCube had the GBA selling alongside it. The Wii U had the DS's younger less successful brother. It's been so bad this Gen that Nintendo had to Mulligan and release the Switch.

While I don't believe Nintendo will ever go under, denial of how bleak it has been in the past will be what undoes the company.

No. Stop with the doom already. Nintendo is going nowhere, anytime soon. Forgetting their failures will not somehow condemn them to an end. This is completely ridiculous as an argument, as in it makes zero sense whatsoever.

If anything, "denial of how bleak it has been" does not affect Nintendo in any way. This is all fanboy talk, what's happening here. No one over at Nintendo is affected by your sentiments, or the sentiments of anyone in any fora. We can deny all we want, or we can doom monger all we want. 

Under present conditions, Nintendo has enough money to run itself for another 25 years without making any profit. That's plenty of time to take corrective actions if the company does end up in a tough spot down the road.



Helloplite said:
Azuren said:

I dunno. Things looked pretty bleak for the GameCube and Wii U. And at least the GameCube had the GBA selling alongside it. The Wii U had the DS's younger less successful brother. It's been so bad this Gen that Nintendo had to Mulligan and release the Switch.

While I don't believe Nintendo will ever go under, denial of how bleak it has been in the past will be what undoes the company.

No. Stop with the doom already. Nintendo is going nowhere, anytime soon. Forgetting their failures will not somehow condemn them to an end. This is completely ridiculous as an argument, as in it makes zero sense whatsoever.

If anything, "denial of how bleak it has been" does not affect Nintendo in any way. This is all fanboy talk, what's happening here. No one over at Nintendo is affected by your sentiments, or the sentiments of anyone in any fora. We can deny all we want, or we can doom monger all we want. 

Under present conditions, Nintendo has enough money to run itself for another 25 years without making any profit. That's plenty of time to take corrective actions if the company does end up in a tough spot down the road.

You're right, Nintendo can do no wrong. Bring on the Virtual Boys. Who needs this whole "learning from the past" business?

 

In case you missed the main point of my message, I'll reiterate: As long as Nintendo remains mindful of the past, they will never go away.



Watch me stream games and hunt trophies on my Twitch channel!

Check out my Twitch Channel!:

www.twitch.tv/AzurenGames

Did they made mistakes in the past? Yes! Did those mistakes doomed they? No.

They had some struggles with their home console business, and two years of financial losses, but their handheld business always made good money and after the Wii / DS huge success they got a lot of money in the bank to try to keep the company afloat even throught hard times, or even if they needed to rethink its purpose as a company.
Lots of changes have been made in the past years, not only the way they treat their consoles business but also the way they treat their intellectual properties. Nobody would have imagined a Nintendo theme park years ago but... it is happening. I expect Nintendo do make use of its properties in different business in the future and expand them in other media rather than only videogames.



Nintnedo doesn't take the financial risk that Sony does. If Sony made their consoles gradually lower in power they would make profit as soon as the console launches even if they lost. Nintnedo definitely plays it smart and more conservatively when it comes to expenses and that leads quicker profits and savings.