Nintendo Q2 Earnings October 30th - Results Inside

[Arius Dion]

Mr Khan said:

Arius Dion said:

IsawYoshi said:

 

Embarrassing nontheless. The reason the nubers are this low is the wii u sales, and they are embarrassing too. Why wouldn't the loss be? 

I'm expecting Iwata to be leaving his throne within 2015 if they don't sharpen up in a good maner. I kinda doubt they will though.

I'm doubtful any one will be reprimanded, demoted, punished or outright fired. When's the last time any one at Nintendo was let go for flops and bad business decisions? To go from making hands over fist money with the Wii, breaking records and the like, to now losing money and having a stinker on their hands with the Wii U, someone should be looking at a shake up within the company.

The investor Q&A should be very interesting. 

Who would replace him, though? A recent GAF thread discussed that the board of directors is almost entirely stacked with people favorable to Iwata (there is one person alone who may have differing opinions, possibly). Unless Yamauchi's shares go to Arakawa and Arakawa himself decides to seize control, a leadership shakeup would make no difference in terms of direction. It's like all the Americans yelling "impeach Obama" when what that would get them... is President Joe Biden.

Aside from the fact that Nintendo's doing what they can with the Wii U. It is not a poor product, but it has been poorly executed so far, and some of those factors (third party flight) being ultimately out of Nintendo's hands, they're doing what they can: cut price and bundle winning software and wait for more good software to come. Not sure what the anti-Wii U crowd wants, here (cutting the Wii U short and replacing it quickly is the recipe to kill Nintendo's reputation altogether, as not standing by their hardware is really what killed Sega, the lack of confidence from the CD, 32X, and Saturn).

We also forget when Sony was losing money hand over fist with the PS3 (and they were selling more units at the time), and managed to turn it around. Granted, because they had the third parties all running interference for them, but surely Nintendo could manage a somewhat similar turnaround.

Probably should have highlighted your entire post lol. But in any case, here's my response;

 

The 'winning' software they are bundling is not showing any signs of moving the hardware. Which is the primary purpose of a first party dev. If the software is poor the box is also poor (by default). Here's the problem, the anti Wii U crowd, is generally a pro Wii crowd, they want a return to that form from Nintendo.

Nintendo is doing a pretty good job destroying their reputation as a software developer.

I never forgot Sony's clusterf*** known as the PS3. They will never recoup those loses. Sony's Vita was doa, and Sony selling off buildings to hide their horrid finances has not been forgotten by me. But I've never been a Sony fan, so that's largely not something I care about.

Nintendo on the other hand, I have been a fan of. But there are certain things I will not cosign on. Its dangerous to not hold a company accountable. Turning a blind eye to their failings and even praising those failings only encourage more failings.