TheLastStarFighter said:
Wow, this is a big deal. Not because the loss is so big (Nintendo could post losses like this for the next 50 years and still be around) but because this a year Nintendo should be raking it in. 3DS should be in its peak for revenue and Wii U is in year 2. But Wii U bombed this year and it's dragging the business down. For better or worse, I expect big changes. I only hope they are for the better.
As far as Iwata goes, I think he's done a fairly good job. But he's failed on a couple fronts, the single biggest one being sitting on cash. They should have purchased several AAA studios - or started them - 3 years ago and had them focus on HD software development. They have also missed on the trend of the industry right now somewhat, messing up the Wii U design a little (though the tablet idea had its heart in the right place). The botched Wii U launch, between design, lack of preparation, lack of software, poor software choice, terrible marketing... is a major error. Nintendo needs the US to be a major market, and it really seems like they should have pumped some money into NoA, allowing it to pick up some studios, do better marketing, buy some exclusives or other initiatives to battle Sony and MS in this market.
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With regards to the bolded, not really. These losses are a lot more damaging than I think people realize.
As for the rest, I definitely agree. Big changes have to be in the pipeline.
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