dahuman said:
Well, if you are interested in profits and all that, here are what I found on google, simple google search mind you: Nintendo https://www.statista.com/statistics/216625/net-income-of-nintendo-since-2008/ Sony https://www.statista.com/statistics/279271/net-income-of-sony-since-2008/ As a whole company, Nintendo is doing just fine, Sony has been in way more trouble over the years, so I honestly don't know what you are on other than hating on Nintendo for no good reason lol. Opinions are fine and all but, I doubt you know shit about how to run giant companies like Sony or Nintendo, so if you want to call yourself a grownup, stop with the blind hate first, and we can go from there. |
How do you qualify the term that "Nintendo are doing just fine"? What metrics are you using? Because the traditional metrics of products capturing their intended market and either meeting or succeeding their predecessor clearly are not being used. I've listed numerous times why investors and anyone with an understanding of how business works would see Nintendo as being in trouble. In the last 5 years they have:
1) Had the slowest ever modern selling console
2) Their lowest selling handheld
3) Posted their first quarterly loses
Ignoring the above isn't an option, which is what people in this thread are choosing to do. The fact that you are arbitrarily comparing Nintendo and Sony shows you don't understand business at all - find me a financial report that that states the company is doing well because a different company has historically had financial issues, but currently doesn't. That's just hilarious; this conversation isn't about Sony, so no point talking about them.
| zorg1000 said: That remains to be seen, for all we know Switch will be the next 3DS or Wii or DS. It could be a smash hit or a huge failure or something in between, only time will tell. Again, im repeating those numbers because you said there is no market for Nintendo products, which cant be true if Nintendo sells alot of hardware & software. Those two things are completely contradictory, you cant say a company is out of touch when it comes to software if they are the biggest software provider in the industry. The fact that you cant grasp that is embarrassing. Being appealing to consumers and being profitable are 100% different things. Im combining handhelds & consoles for 2 reasons 1. The discussion is about Nintendo, you cant have a discussion about the appeal of a company's products and ignore the part of the market that resresents 80% of their hardware/software sales. Like I said earlier, using Wii U as proof that people dont want Nintendo devices/games is the equivalent of using Vita to prove people dont like Playstation. 2. Switch is a hybrid device and will most likely be a replacement not only to Wii U but also 3DS once its sales & software support dry up. If it replaces both than why would we compare it only to the one that sold poorly? Oh right, because it supports your agenda!!! |
Actually, if you look at the market reaction to the Switch announcement, most investors believe it is more likely to be a Wii U than a Wii. The stock market doesn't work on the simple idea that "only time will tell". Looking at business strategy, plans and previous performance should give you an indication of what the future holds...
And I'm telling you that that market is declining as shown by the low sales of the Wii U and 3DS, and as proven by the quarterly losses Nintendo posted, that market clearly isn't enough to be sustainable. The fact you can't grasp the bigger picture other than "THEY SOLD MILLIONS" is embarrassing.
You can't change financial choices suddenly into "being profitable" - they are not the same, as being profitable is the result of financial choices.
You also can't combine the stats of two different markets together just because they are the markets a company deals in. Are you going to combine the Windows OS market and Xbox market together whenever you talk about Microsoft? No, of course not.
It's yet to be seen if Switch will replace the 3DS, whereas it has been confirmed the Switch will replace the Wii U. You talk about waiting until "time will tell", but want to jump to the presumption that the Switch will replace the 3DS....So are you allowed to make predictions or not?
