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Forums - Nintendo Discussion - Nintendo warns software trade prices may also rise

I know it's hard to believe, but all Nintendo is doing is preparing for the worst. It may be hard to believe but due to all current circumstances electronic gaming is poised for a crash.

PS3 is not in a situation to up hold gaming through a depression.

MS was so focused on the hardcore shooter and essentially upstream elite gamer that they would also not in a situation. Though MS does have the finances to weather the situation.

Nintendo is the most widespread and every bodies game machine. Much like the NES. Nintendo is preparing and tightening all belts. Even if it cuts down on overall sales. If however Nintendo were to soak the costs they could pretty much end up out of business.

This all relates to the current economy. It's not going to end anytime soon. Expect the worst to come in a few more years.



Squilliam: On Vgcharts its a commonly accepted practice to twist the bounds of plausibility in order to support your argument or agenda so I think its pretty cool that this gives me the precedent to say whatever I damn well please.

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But we already get ripped off with current pricing vs. the US.

Soleron said:

But we already get ripped off with current pricing vs. the US.

 

£156 + 15% VAT = £180 (or possibly £200)

$250 + 15% VAT = £205 @ $1.4/£

$250 + 17.5% VAT = £147 @ $2/£

 

It only appeared we were being "ripped off" because of the strong £. I'd rather have a stronger pound and be ripped off with the option to import.



Nov 2016 - NES outsells PS1 (JP)

Don't Play Stationary 4 ever. Switch!

Nintendo would soon be a poster child for corporate greed. I guess they can get away with it so why not. This attitude won't keep them on top for long though.



"Dr. Tenma, according to you, lives are equal. That's why I live today. But you must have realised it by now...the only thing people are equal in is death"---Johann Liebert (MONSTER)

"WAR is a racket. It always has been.

It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives"---Maj. Gen. Smedley Butler

This thread has reminded me a great deal of the disconnect between the average consumer's understanding of the economy and the producer's. To the average consumer, there's no reason why prices should have to go up; they're fine right now, and who cares what those big-headed fools are saying in government, I want my money to go just as far now as it did 10 years ago!

To the producer, price raising is a necessary evil; the alternative is usually descent into self-destruction. It may seem like that's not the case when the difference is between, say, $5 profit and $5 loss per unit, but you have to take economies of scale into account: selling at a $5 loss for 10,000,000 products is a $50,000,000 loss you're taking. A small number times a big number is not a small number.

Nintendo is not "evil" for raising their prices in response to current exchange rates resulting in a loss if sold at the current lower price. They're what they've always been: survival-minded.



Sky Render - Sanity is for the weak.