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Forums - Nintendo Discussion - I can't understand the Nintendo doom threads/sentiment

justinian said:
Figgycal said:
I don't know how Nintendo's financials look right now, but it really doesn't matter how much Nintendo made with the Wii if their current system is losing them millions. As a business, you can't rely on past successes to cover up for a present liability -- investors won't be satisfied and using your reserves could mean the inability to pay off debt in the future. Maybe the 3DS will keep them afloat, but until we know how much money they're losing and have lost on the Wii U and how much profit the 3DS is making -- it isn't unreasonable to be unsure about Nintendo's future.


A lot of what you say is true but to a degree we do know that Nintendo lost money last financial report and since then things have gotten better for them.

For a start at the time the report was published wii u was selling 25k globally and Pokemon was just out.

Of course the future is uncertain no matter who you are but as things stand it is a damn sight better for Nintendo now than a few months back.

Only the gods and time know what will happen so to knock people for being positive or negative predicting nintendos future is not exactly scientific.

not really, its the holidays, every console has goes up, in europe and US it's a dead console, in japan it had a decent holiday, but it still had a poor year in sales there and its pretty much a dying console market there.



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Figgycal said:

I don't know how Nintendo's financials look right now, but it really doesn't matter how much Nintendo made with the Wii if their current system is losing them millions. As a business, you can't rely on past successes to cover up for a present liability -- investors won't be satisfied and using your reserves could mean the inability to pay off debt in the future. Maybe the 3DS will keep them afloat, but until we know how much money they're losing and have lost on the Wii U and how much profit the 3DS is making -- it isn't unreasonable to be unsure about Nintendo's future. Sony's situation is much much much worse than that. Microsoft is the only one truly in a good position.


Fair point, but if I understand correctly (and I could be wrong here) this was the 1st fiscal year Nintendo has ever operated at a loss. You would be hard pressed to find a company anywhere who has never taken a hit somewhere along the line. Also I totally agree about the Sony financial situation, but also, didn't microsoft sell Xbox and Xbox 360 @ a loss and the RROD cost them a ton of coin?



justinian said:
Figgycal said:
I don't know how Nintendo's financials look right now, but it really doesn't matter how much Nintendo made with the Wii if their current system is losing them millions. As a business, you can't rely on past successes to cover up for a present liability -- investors won't be satisfied and using your reserves could mean the inability to pay off debt in the future. Maybe the 3DS will keep them afloat, but until we know how much money they're losing and have lost on the Wii U and how much profit the 3DS is making -- it isn't unreasonable to be unsure about Nintendo's future.


A lot of what you say is true but to a degree we do know that Nintendo lost money last financial report and since then things have gotten better for them.

For a start at the time the report was published wii u was selling 25k globally and Pokemon was just out.

Of course the future is uncertain no matter who you are but as things stand it is a damn sight better for Nintendo now than a few months back.

Only the gods and time know what will happen so to knock people for being positive or negative predicting nintendos future is not exactly scientific.

I'm just as tired of the Nintendo doomed threads as anyone else.



It´s actually quite simple. Like in professional sports like football some people chose a team and get so fanatic that they develop hate against rivals. Especially when it comes to Playstation some of those fanatics developed a superiority complex on top of the mentioned mentality because Playstation was the marketleader for two whole generations before. This made them even more vocal, disrespectful and agressive towards a company that outclassed the Playstation brand in the handheld and console space last gen.



tripenfall said:
Figgycal said:

I don't know how Nintendo's financials look right now, but it really doesn't matter how much Nintendo made with the Wii if their current system is losing them millions. As a business, you can't rely on past successes to cover up for a present liability -- investors won't be satisfied and using your reserves could mean the inability to pay off debt in the future. Maybe the 3DS will keep them afloat, but until we know how much money they're losing and have lost on the Wii U and how much profit the 3DS is making -- it isn't unreasonable to be unsure about Nintendo's future. Sony's situation is much much much worse than that. Microsoft is the only one truly in a good position.


Fair point, but if I understand correctly (and I could be wrong here) this was the 1st fiscal year Nintendo has ever operated at a loss. You would be hard pressed to find a company anywhere who has never taken a hit somewhere along the line. Also I totally agree about the Sony financial situation, but also, didn't microsoft sell Xbox and Xbox 360 @ a loss and the RROD cost them a ton of coin?

Yes, the RROD cost them over 1 billion dollars. But they also make billions in revenue every year.



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Nintendo is far from doomed, anyone who thinks so, must be stupid



drake4 said:
really? you can't understand why there are so much doom threads, when its selling worse then dreamcast and third party support for the console is a about to go the way of the dinosaur, and after a year of being on the market, it already saw a 30% price drop. wal-mart is selling the wiiu delux with nintendoland for 249.00, thats almost the same price as the ps3 in only one year in the market.


The WiiU will pass the Dreamcast next year.  Nintendo hasn't had third party support since the SNES.  The ps3 had multiple hardware revisions and major price cuts during it's first year on the market.  What is your point exactly?



007BondAgent said:

Nintendo is far from doomed, anyone who thinks so, must be stupid


nintendo is far from doomed but there days of being relevant in the console market are pretty much over with imo.



marley said:
drake4 said:
really? you can't understand why there are so much doom threads, when its selling worse then dreamcast and third party support for the console is a about to go the way of the dinosaur, and after a year of being on the market, it already saw a 30% price drop. wal-mart is selling the wiiu delux with nintendoland for 249.00, thats almost the same price as the ps3 in only one year in the market.


The WiiU will pass the Dreamcast next year.  Nintendo hasn't had third party support since the SNES.  The ps3 had multiple hardware revisions and major price cuts during it's first year on the market.  What is your point exactly?

3 out 4 of those consoles have been failures. and still all of those consoles that failed had much better third party support then wiiu.



Figgycal said:

I don't know how Nintendo's financials look right now, but it really doesn't matter how much Nintendo made with the Wii if their current system is losing them millions. As a business, you can't rely on past successes to cover up for a present liability -- investors won't be satisfied and using your reserves could mean the inability to pay off debt in the future. Maybe the 3DS will keep them afloat, but until we know how much money they're losing and have lost on the Wii U and how much profit the 3DS is making -- it isn't unreasonable to be unsure about Nintendo's future. Sony's situation is much much much worse than that. Microsoft is the only one truly in a good position.

1. Nintendo has literally billions in their coffers.

2. They have never at any point in their company's history genuinely "been in trouble", they were in fine shape even during the GC era, because the GC still made them money, and GBA and DS sold like fuckin' gangbusters.

3. The only "failure" as a system that Nintendo has ever released, was the Virtual Boy, which was just a bad idea anyway.

4. I think you underestimate JUST how much money DS and Wii have made Nintendo. In certain regions, DSi and Wii are still being produced and released new, and both consoles and their games continue to sell long after they've been "dead".

5. After an initial first few months of slow growth, 3DS has done just fine ever since. In fact it only came out in 2011 and is already up to about 40 million units sold worldwide. Pokemon and Monster Hunter 4 have helped that, especially. Meaning, 3DS is a huge success, and is making them money hand over fist.

6. Wii U had a horrible 2013, for the most part, and it was mainly due to an 7 month drought of no Nintendo-made games released, which was absurd. But they also had a very healthy launch (almost 3 million units sold between late Nov. and the end of Dec. 2012.) And sales have picked up steadily since Oct. of 2013. It'll be close to if not hit 5 million units sold WW by the end of Dec. 2013, and with Mario Kart and Smash Bros. releasing next year, along with other games people are anticipating, it'll have a strong chance of reaching 8-9 million units sold by the end of 2014, IF Nintendo continues to advertise better, and keep a steady flow of games coming from now on.

7. Your comment about MS is hilariously misinformed. Sony and MS as companies, as a whole, make plenty of money and are both fine. But their GAMES divisions do not and for the most part HAVEN'T made them all that much profit, especially MS. Those are facts. Both companies have released consoles the last two generations, easily, whose hardware costs will lose them money for at least the first several years. That is still true with PS4 and Xbone. Anyone thinking overwise is naive.