Dinomax on 29 July 2011
trestres said: - Business is shifting towards 3rd party reliance, want to strengthen - For gamecube missed price cut opportunity and this influenced 3ds decision to cut price, cash balance enables decision to cut price - We are already running, will see impact by year end, doesn't mean doing nothing untl year end - 3D alone won't provide full satisfaction, other features important - Wiiu is not limited to tv, is multiscreen and believe it is dramatic change from wii, believe tvs will be online and connect to smartphones - No share buy-back as short term, focused on long term, shareholder return comes from improving 3ds by year end - Need to be more flexible and work with other platforms and use them. Hardware+soft brings value - No intention to sell ip on other platforms, but need to take advantage of other platforms they don't have to increase the value of software - Not concerned about people getting tiredness from 3d, will be doing software that is not 3ds focus, perhaps digital side - For 3ds and wiiu we are strongly aiming on digital side - Digital is where we are yet to expand and where we are aiming for, been doing trial and error so far - Plan very soon to announce strategy for combination of digital and packaged and synergy between the two - Original DS at 15000yen was not profitable and 3ds is further unprofitable, as volume expands cost down effect - On price cut large us retailer told them "feel like christmas is already here" - Needs to deliver game experience what mobile phones cannot offer - Aim is to combine social and real networks, synergise and maximise, aiming for new software this fy and next -Said has no conclusion yet on sns impact, claimed no correllation between sns growing and nint sales down - Aim to recover trust by 3ds recovery, no slides or presentation, into q&a now with first question on sns impact from fido - Iwata taking responsibility for 3ds,, taking 50% salary cut and other execs 30% cut, reduced bonuses too - Retailers decide over summer for xmas, developers won't then reduce plans for next y - Price cut now because 1) so install base higher ahead of own title launches and hence success 2) message to developers and retailers - 3ds line-up for third party doesn't show MGS which is surprising, not sure if it was on list, could be a delay http://www.gonintendo.com/?mode=viewstory&id=157740&sid=572d219e6f5bc85a8925f0163c6a87dd |
Third Partys wouldn't support them when the Wii was selling out and breaking all sales records, even when third partys made profit off ""experiment"" titles.
Their boned. Nintendo needs a change of management.