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Forums - Nintendo - Nintendo going out of business?- Back to the Future

maxnyc said:
happydolphin said:

i love how you bring up sega first, and when i counter, you're like "sega is irrelevant to TODAYS conversation"

and then i say microsoft & sony CURRENTLY employ unsustainable business practices, you say- well who cares about today, what about when sony in the ps1 & 2 says....

so on one hand, history doesn't matter, unless of course, it's serves the purpose of your argument at any given moment?

I know, but what you're doing is taking one case and applying it over a history. Look, what the analysts predicted wasn't so far from the truth. When it came to Nintendo's strategy, they got slaughtered by their competition on the home console front. (until the Cube)

At the same time, I didn't say "Sega was irrelevant to today's conversation", there's another generalization. What I really said was "Sega dropping out has little to do with the topic at hand."

What I meant by that was: the event of Sega dropping out isn't relevant, because it's due to much more complex factors that you aren't considering. Sure, they didn't make the best games, but it goes beyond that. And even if it was more relevant than I make it seem, Sony tied the ends SEGA failed to close (solid 3rd party support, esp. Squaresoft). So bottom line the analysts were onto something, but only Sony really fully pulled it off. That's why I'm saying Sega's failure is for more complex reasons.

Ultimately, what I mean is that the vulnerable point of Nintendo's, as mentioned in the short, was true, but the success (Sony) or failure (SEGA) of capitalizing on it is not entirely relevant, except in the fact that success (Sony) truly exposes the existence of the weakpoint. See what I mean?



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happydolphin said:
maxnyc said:

Not only is Nintendo still in the console & portable business, whereas Sega dropped out a long time ago, Nintendo owned the competition last generation with units sold. DS & Wii were huge successes, whether people can admit it or not. Sony is bleeding money, and Microsoft lost tons of money for the first few years with the 360. As far as i can see, Nintendo is the only one out of the current three that has a sustainable business model. Sega didn't have a sustainable business model and they failed because of that. We'll see if microsoft & sony can last much longer. I'd bet on nintendo in the long run.

Lots of fails here.

1) First of all, Nintendo isn't going out of business, and the video never said so.

2) Sega dropping out has little to do with the topic at hand. There are other reasons about Sega that caused that.

3) Sony picked up where Sega failed to finish the job. Had Nintendo had no portable offering, they were out of the game, sorry.

4) Nintendo's failures in the core marketplace is not justified by its success in the casual marketplace. They are to be winners in both to be true winners in my eyes.


Only problem is as you said " in my eyes" it doesn't matter what you or I think. What matters is that called profit. When we use our terms to justify a situation we twist the truth to make our opinions matter. So in the last 6 years which company not division made more profit?

Also I see Sony did pick up where sega left off with vita being outsold 10-1 by who? 



I miss those times when the News people used to be intelligent and good at their job. Presenting far more facts and public opinion than their own.



There are some similarities & some differences when looking at the bad business decisions of Sega, compared to the bad business decisions of microsoft or sony. But the truth is, Sony is badly hurt financially & the vita is bombing so far. Microsoft dumped money into 360 until it finally started to make some returns within the past couple years, but are they willing to take a considerable loss on the 720 hardware? once again, bad business 101, and it's only a matter of time before that will end one way or another. Nintendo meanwhile is the only company that focuses on gaming only, they're a gaming company first & foremost, hardware & software. They tend to be the one innovating, and creating software which crosses more demographics from young to old, male to female. They have the best-selling & most well-known franchises in the industry. And they employ a solid business model, where they usually aren't taking a loss on any hardware (unless they need to, as in the 3ds).

The video i posted was from 1990, that was when people first started talking about the "end of nintendo".  People thought nintendo was a fad in the 80s, they thought superior hardware would crush them in the 90s (and today). People thought nintendo was done in the n64 days, that they would stop making hardware soon. They thought nintendo was done in the gamecube era, the big boys microsoft and sony, multimedia giants would crush them. Nintendo isn't a perfect company in any way & have made some major mistakes & dumb@$$ moves over the years. But somehow, they're still kicking around, making great software & new approaches to hardware which keep the industry fresh (usually & eventually imitated by rivals). Will see how this generation pans out i guess.



I love how those kids sub-title is "Nintendo Player."

And then you have that one Nintendo GameMASTER!



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kowenicki said:
Stock price reached a 7 year low today and the company is worth 83% less than it was just 4 years ago...

Not saying its doomed... just showing how things can change quickly.


You know, that kind of thing is so misleading.

 

Is Nintendo out of money in the bank?

Is Nintendo firing staff?

Is Nintendo seeing operational losses for years now?

Is Nintendo cutting back on the number of projects and markets they are in?

 

No, to all of these. Their IP's and consoles sell like crazy. Even if their stock is worthless, it doesnt really matter aslong as the company makes money. The point of a company is to make money. The stock market is just a casino where they put themselves up for sale, without actually selling themselves.

 

When Nintendo cant sell consoles, their games sell like crap and they are shutting down studios and development team we can talk about Nintendo is doomed. Funnily enough, none of that is the case, especially with the 3DS beeing sucessful they will keep their main market and backbone pretty intact.



My goodness, people from back then and even now just sound so uneducated when talking about things they don't know about.



           

haha the video did not work for me but its funny that it was like that back then as well



    R.I.P Mr Iwata :'(

Anyone remember this old thread:

http://gamrconnect.vgchartz.com/thread.php?id=112810&page=1

Good times. No-fun-do indeed.



Spazzy_D said:
Anyone remember this old thread:

http://gamrconnect.vgchartz.com/thread.php?id=112810&page=1

Good times. No-fun-do indeed.

LOL... seems like it's been around forever... the bashing that is.