Pachter: "Wii U won't save Nintendo, phones took 35% of the market"

[HappySqurriel]

Squilliam said:

HappySqurriel said:

A smaller piece of a bigger pie may still be more pie ... While companies may want a bigger piece of pie, they really just want more pie

 

Mmmmm Pie

Nintendo's recent losses are quite telling aren't they? If they still had strong software revenues they wouldn't be posting such losses now would they? Not enough pie IMO.

Selling their system for 70% of what they expected to sell it for, and having the yen increase from 120 yen to 70 yen per US dollar obviously had nothing to do with that ...

The fact is that Nintendo has seen remarkably strong sales in their mobile platform througout the rise of the smartphones. If smartphones were really cutting into Nintendo's market we would not have seen this.