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Forums - Nintendo Discussion - Nintendo was never doomed

COKTOE on 25 August 2017
Helloplite said:

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.

And there you have it. Well said on all points, with some lovely data.



- "If you have the heart of a true winner, you can always get more pissed off than some other asshole."

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Insidb on 25 August 2017
Barkley said:
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

This.



Insidb on 25 August 2017
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.

Exactly.



Jizz_Beard_thePirate on 25 August 2017

Dw, I am sure next gen, they will be doomed again.



                  

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Johnw1104 on 25 August 2017

I won't get into the larger claims of the OP's post, but I'm pretty sure even people who said "Nintendo is Doomed" were mostly saying it tongue-in-cheek or were trolling.

You can't be completely doomed with the intellectual property that they have. They're not going anywhere.



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COKTOE on 25 August 2017
S.T.A.G.E. said:
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.

I'm sorry, I don't have the time to look it up at the moment, but wasn't Sony making a profit on PS4 hardware shortly after launch? Or maybe within a year at the worst?



- "If you have the heart of a true winner, you can always get more pissed off than some other asshole."

Areym on 25 August 2017

Nintendo is both doomed and not doomed, at all times.



"Trick shot? The trick is NOT to get shot." - Lucian

Helloplite on 25 August 2017
Areym said:
Nintendo is both doomed and not doomed, at all times.

It's because of Schrödinger's Mario.



KLAMarine on 25 August 2017

Sometimes I wish they were: I want their games on PC.



S.T.A.G.E. on 25 August 2017
COKTOE said:
S.T.A.G.E. said:
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.

I'm sorry, I don't have the time to look it up at the moment, but wasn't Sony making a profit on PS4 hardware shortly after launch? Or maybe within a year at the worst?

Yes, but that is rare. Sony since the first PlayStation, to keep with the conventional media times have usually sold their consoles at a loss and the same goes for Microsoft. They gradually gain profit over time. Of course I am sure this gen they are both selling their consoles at a profit. The Xbox one x is not launching at a profit ... its essentially at cost, so it's more of the same. I don't find it wise to have a console that isn't profitable at mid gen.im guessing at the current state based on parts Sony is making a profit on the pro as well as the ps4.