megaman79 on 04 February 2012
theprof00 said:
scottie said:
Joelcool7 said: Well Sony needs to reassure stock holders and developers. I couldn't see Sony saying "oh man we are fucked lets hope we can pull off the international launch and save our asses" third parties would cut development over night as they did with 3DS. Sony needs to do major damage control they do not want to hurt the international launch. They won't admit any failure till two or so months after Vita's is available in all regions. |
Investors aren't (generally) as dumb as you make them sound. When the 3DS was doing almot this bad, Nintendo said that they had a problem, and that they were taking steps to fix it. Most investors will prefer to see that than a company with their head buried in the sand.
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yet their stock kept going down.
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Apple is a dangerous competitor, and at the end of the day pretty much EVERY electronic company is being compared to it.
“When we make some new announcement and if there is no positive initial reaction from the market, I try to think of it as a good sign because that can be interpreted as people reacting to something groundbreaking. ...if the employees were always minding themselves to do whatever the market is requiring at any moment, and if they were always focusing on something we can sell right now for the short term, it would be very limiting. We are trying to think outside the box.” - Satoru Iwata - This is why corporate multinationals will never truly understand, or risk doing, what Nintendo does.