kazadoom said:
The problem here is that you actually consider the Wallstreet Journal or New York Times to be real news. That was a good one though. Also, Nintendo spent the last 2 generations in the dump? They have made money with every generation so how can you say that? Just because their systems were not widely accepted did not put them in the dump, they were very successful despite not selling as much as they would have liked to. |
The problem is that money is not the only goal in business. There is a very good reason why businesses divide their objectives between financial and strategic. One objective represents money/value and the other represents everything else.
Nintendo may have made a steady profit during the past two generations but they lost out on brand-name recognition and market-penetration. There are now two full generations in today's market who see the Sony and Playstation names as synonymous with gaming because for the past two generations, they have been. Consequently, there are a lot of people who write Nintendo off without a thought. You need only read some of the Sony Discussion forums to see those people. They grew up with Sony, not Nintendo, and as they grow older and buy more games, should they stay loyal to the Sony/Playstation brand, that will hurt Nintendo greatly in the long run.
So yes, Nintendo was in the dump for a couple generations.
