JGarret said:
Vinniegambini said:
JGarret said:
Vinniegambini said:
I'm glad I sold my stock in Nintendo back in late November, had a healthy return. Nintendo did okay with 3DS, surprised it did not do better with Pokemon supporting the handheld and the holiday season but Wii U results are simply embarrassing, especially 3D World numbers - the game is a goddam gem.
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Still feel like having that champagne with popcorn?
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I am having some nonetheless. There is nothing that will change that :)
Gaming did well as a whole this November, but the lack of 3DS sales and ''return to form for Wii U'' given Mario is quite frankly disheartening.
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Well that´s good!...though I don´t think champagne with popcorn is a good combination, but to each his own.
Remember that message I sent you today?...puts things into perspective, doesn´t it?...it´s sad, I´m having a fantastic time with Mario 3D World, but the system itself is being toxic to Nintendo´s games.At this point I won´t be surprised if the Wii U versions of Mario, Mario Kart, Smash, etc..end up being the lowest selling iterations in their respective franchises.
Expect any drastic moves from them next year?
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I really don't know but as of now, things are not looking good. Their revenue is decreasing YOY, gaming budgets are increasing, their cash position is decreasing, the Wii U is sold at a loss, small 3DS YOY increases despite new popular software and 2DS entry-level price - things are looking grim to say the least. However, Nintendo has all the tools necessary to succeed; however, new management is needed. Namco-Bandai were in a similar position back in 2009-2010 and new management was implemented in order for them to strive in today's business model. Today, Namco-Bandai are the most profitable Japanese publishers (ahead of Nintendo) with a projected operating income of 450 million for this fiscal year - Nintendo will most likely post an operating income between 100-200 million in comparison.
In the end, Nintendo needs to do like Namco-Bandai, sit-down, re-assess, re-organize and seek areas of growth in order to drive a successful business.