Nintendo Shares Plummet!

[osed125]

Kresnik said:

osed125 said:

He was responsible for the Wii, DS (biggest successes Nintendo has ever had) and 3DS comeback. If it wasn't for those things Nintendo would be literally bleeding a lot of cash right now. I don't understand why people like to ignore these things.

Not saying he's doing a good job now, but without him, Nintendo would be in a much much more dire position.

I see this hand get played a lot and I normally counter it with "Ken Kutaragi", but I'll say a little more in-depth of a post right now.

Past successes =/= future stability.  I know, you need something to judge it on.  But look at it from another point of view.  If you were getting a new CEO in, you'd look at what credentials they had in the past and that might not be the best judge, because you'd have no idea how they personally would work at the helm of Nintendo.  Maybe they'd carry on their winning streak; maybe they wouldn't be a good fit.

Iwata is at the helm of Nintendo right now.  His decisions are shaping the company.  We don't really need to look at his past successes because we're not throwing him at the deep end with no experience at running this type of gaming company.  He has been doing it for the past 12 (?) years.  You can look at what he is doing right now (and to an extent, what his plans are for the immediate-to-mid-term future) to judge.

And basing on that alone, he really doesn't deserve to be where he is.

I already said that I don't agree with his current business strategies. What I'm arguing the most is that, if it wasn't for him, Nintendo would be in a much worse situation. That is pretty much a fact, but it doesn't justify his current problems. 

I also think he has made some very good decisions regarding the 3DS, where he has completely drop the ball is with the Wii U. He has some recent successes, not everything he has done is bad.