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Figgycal on 21 December 2013
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DevilRising said:
Figgycal said:

I don't know how Nintendo's financials look right now, but it really doesn't matter how much Nintendo made with the Wii if their current system is losing them millions. As a business, you can't rely on past successes to cover up for a present liability -- investors won't be satisfied and using your reserves could mean the inability to pay off debt in the future. Maybe the 3DS will keep them afloat, but until we know how much money they're losing and have lost on the Wii U and how much profit the 3DS is making -- it isn't unreasonable to be unsure about Nintendo's future. Sony's situation is much much much worse than that. Microsoft is the only one truly in a good position.

1. Nintendo has literally billions in their coffers.

2. They have never at any point in their company's history genuinely "been in trouble", they were in fine shape even during the GC era, because the GC still made them money, and GBA and DS sold like fuckin' gangbusters.

3. The only "failure" as a system that Nintendo has ever released, was the Virtual Boy, which was just a bad idea anyway.

4. I think you underestimate JUST how much money DS and Wii have made Nintendo. In certain regions, DSi and Wii are still being produced and released new, and both consoles and their games continue to sell long after they've been "dead".

5. After an initial first few months of slow growth, 3DS has done just fine ever since. In fact it only came out in 2011 and is already up to about 40 million units sold worldwide. Pokemon and Monster Hunter 4 have helped that, especially. Meaning, 3DS is a huge success, and is making them money hand over fist.

6. Wii U had a horrible 2013, for the most part, and it was mainly due to an 7 month drought of no Nintendo-made games released, which was absurd. But they also had a very healthy launch (almost 3 million units sold between late Nov. and the end of Dec. 2012.) And sales have picked up steadily since Oct. of 2013. It'll be close to if not hit 5 million units sold WW by the end of Dec. 2013, and with Mario Kart and Smash Bros. releasing next year, along with other games people are anticipating, it'll have a strong chance of reaching 8-9 million units sold by the end of 2014, IF Nintendo continues to advertise better, and keep a steady flow of games coming from now on.

7. Your comment about MS is hilariously misinformed. Sony and MS as companies, as a whole, make plenty of money and are both fine. But their GAMES divisions do not and for the most part HAVEN'T made them all that much profit, especially MS. Those are facts. Both companies have released consoles the last two generations, easily, whose hardware costs will lose them money for at least the first several years. That is still true with PS4 and Xbone. Anyone thinking overwise is naive.

And you could be right; there are tons of things I didn't consider when making my comment. I don't necessarily agree with 90% of what you wrote, but it's always a possibility.