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Forums - Nintendo - Nintendo lowers forecast from 55 billion yen profit to 25 billion yen loss

LiquorandGunFun on 17 January 2014

I cant wait for Iwata to step down. I really really want to see someone in there with some vision, hopefully.



 

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curl-6 on 17 January 2014
AnthonyW86 said:

Releasing their games on other consoles however is probably going through some stockholders minds right about now. Nintendo needs a good install base to sell their games, and Wii-U is not going to suffice. They are missing out millions of software sales right now because the install base is to small.

That would undermine Wii U, which I don't want either. I don't want to have to shell out hundreds for an Xbone or PS4.



Mythmaker1 on 17 January 2014
mii-gamer said:
how much money does Nintendo have in reserves? Kinda worried about them now

463,187,000,000 Yen, or ~$4.5 billion.



I believe in honesty, civility, generosity, practicality, and impartiality.

AnthonyW86 on 17 January 2014
curl-6 said:
AnthonyW86 said:

Releasing their games on other consoles however is probably going through some stockholders minds right about now. Nintendo needs a good install base to sell their games, and Wii-U is not going to suffice. They are missing out millions of software sales right now because the install base is to small.

That would undermine Wii U, which I don't want either. I don't want to have to shell out hundreds for an Xbone or PS4.

Only other option i see is for Nintendo to re-release the Wii-U as a true tablet(with the option to connect to a tv offcourse). There is definitely a market for a really good gaming tablet, and they would  be able to keep supporting the current Wii-U and there would be massive amounts of games launched that actually use the tablet controller and touch screen.

Only problem is the hardware they chose(PowerPC) is not really suited for mobile devices. I don't now if they could get the power draw to acceptable levels for a tablet.



mii-gamer on 17 January 2014
Mythmaker1 said:
mii-gamer said:
how much money does Nintendo have in reserves? Kinda worried about them now

463,187,000,000 Yen, or ~$4.5 billion.


in the business world is that a lot?



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zorg1000 on 17 January 2014
AnthonyW86 said:
Soundwave said:
AnthonyW86 said:
Soundwave said:
MohammadBadir said:
I think they're gonna have to release MK8 in March now


They're going to need a MK8 sized title like for every month starting like yesterday at this rate. 

Honestly if they couldn't come close to sniffing a profit this year with Pokemon X/Y, Animal Crossing (Western release), Super Mario 3D World, Zelda: LBW, Monster Hunter 4, 2DS release, Pikmin 3, Wii Party U, Wii Fit U, Wii Sports Club ... they probably are going to lose money again next year too. 

3DS looks like it's already peaked sales wise and Wii U is a disaster that's going to require another $50 price drop at least ... which will probably mean they have to incur more losses. 

MK8 would be lucky to break 5 million at this rate.

I think MK8 will do fine though its sales will be much closer to Mario Kart on GameCube than the Wii one, but I think Smash Bros. is going to stun some people with it's relative non-impact. I just don't sense the same frenzied hype around this one as the build up to the Wii one (remember when people went nuts over the Solid Snake trailer?), it just seems like "oh ... another Smash Brothers game". It doesn't even look that great graphically to be honest, and I think it being on 3DS also is going to dilute its impact (just NSMBU/NSMB2 did). 

I agree, especially with the Smash part. There just isn't much insentive to buy a Wii-U for these games, they are not story driven games and you might aswell play these games on the Wii. I know several people who like to play ''Mario Kart'', but they really don't care that it's on the Wii or Wii-U. In fact, you could even play the Wii versions of these games on a Wii-U.

And Gamecube sales levels of Mario Kart will be a massive dissapointment to many people here.


One thing I think that could be hurting Wii U sales is that its too similar to 3DS.

Nintendo 64 vs Gameboy Color-huge graphical and gameplay differences

Gamecube vs Gameboy Advance-huge graphical and gameplay differences

Wii vs DS-huge graphical and gameplay differences

Wii U vs 3DS-graphics gap has closed drastically and now both have motion/touch controls and the games are very similar

NSMB2 vs NSMBU, DKC Returns 3D vs Tropical Freeze, Mario Kart 7 vs Mario Kart 8, Smash Bros U vs Smash Bros 3D, Ocarina of Time 3D vs Wind Waker HD



When the herd loses its way, the shepard must kill the bull that leads them astray.

supernihilist on 17 January 2014
DD_Bwest said:
Devil_Survivor said:
DD_Bwest said:
750million... thats alot of money.

how much did they have in the bank? lol


It was somewhere between 10 to 12 billion dollars last time I heard lol.


man they are going to need it..  

here is an honest question to Wii-U owners.

If Nintendo pulled the plug on the wii-u to bring in something new and fresh(and powerful).  How would you take it?  would you support it and buy the new console? or would you be pissed about it?


sure i will buy it. still i love WiiU and its concept so i really wouldnt leave WIiU in the dust right away....



Mythmaker1 on 17 January 2014
mii-gamer said:
Mythmaker1 said:
mii-gamer said:
how much money does Nintendo have in reserves? Kinda worried about them now

463,187,000,000 Yen, or ~$4.5 billion.


in the business world is that a lot?

It's pretty substantial.

To put it in context, though, it's about half of what they had before the 3DS launched.



I believe in honesty, civility, generosity, practicality, and impartiality.

supernihilist on 17 January 2014

LOL at peole overreacting sooo much. im looking at you Soundwave lol

is not that bad. its not close to be that bad. the losses theyre posted to years in a row are the expeceted as power requirements for next gen consoles increase at a greater rate than manufacturing processes.
an powerful HD console is not like making a damm cheap ass N64 guys...

and 3DS is pretty much the same. its like a miniature GC with 3D for the love or god...

we really dont know which is the reason of the loss...could easily be R&D for their new HW pieces...could be the greenlight of many expensive 3DS and WiiU projects....im looking at you Zelda U, Metroid prime 4....

my point is....STOP OVERREACTING people!



zorg1000 on 17 January 2014
supernihilist said:
LOL at peole overreacting sooo much. im looking at you Soundwave lol

is not that bad. its not close to be that bad. the losses theyre posted to years in a row are the expeceted as power requirements for next gen consoles increase at a greater rate than manufacturing processes.
an powerful HD console is not like making a damm cheap ass N64 guys...

and 3DS is pretty much the same. its like a miniature GC with 3D for the love or god...

we really dont know which is the reason of the loss...could easily be R&D for their new HW pieces...could be the greenlight of many expensive 3DS and WiiU projects....im looking at you Zelda U, Metroid prime 4....

my point is....STOP OVERREACTING people!


Its pretty bad, they adjusted Wii U+3DS hardware down by over 10m.

And we do know what the loss is from, about 1/3 from increased marketing plus R&D, the rest from underperforming hardware ans software sales.



When the herd loses its way, the shepard must kill the bull that leads them astray.