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Forums - Nintendo - Did vgchartz just break a world record? (Huge amount of nintendo is doomed threads)

There should be an Official Nintendo Doom Thread with interesting statistics and facts including, but not limited to, currently active doom threads; average number of doom threads created every minute, hour, day, week, month, etc; instantaneous rate of creation of doom threads; poster to author most doom threads (this should be a badge); an analysis of the effect of threads with doom versus threads without doom; how to respond to doom threads; prediction leagues for how many future doom threads will be created within the next day, week, etc; doom threads per capita; etc.

Somebody, make this happen!



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And to think that yesterday a chink of light appeared with the NPD numbers. Is this only the second time in their history that Nintendo have occured losses??



zippy said:
And to think that yesterday a chink of light appeared with the NPD numbers. Is this only the second time in their history that Nintendo have occured losses??

This will be the third time in a row for Operating losses.  Second time for Net loss, but the positive net income last year was pretty much due to the Yen depreciation. 



Yakuzaice said:
zippy said:
And to think that yesterday a chink of light appeared with the NPD numbers. Is this only the second time in their history that Nintendo have occured losses??

This will be the third time in a row for Operating losses.  Second time for Net loss, but the positive net income last year was pretty much due to the Yen depreciation. 

So in the grand scheme of things, a multi billion dollar company with a hundred year history has only posted a net loss twice. Granted Nintendo have taken a hit with 3DS first year and Wii U first year, but doomed? i think not.



zippy said:

So in the grand scheme of things, a multi billion dollar company with a hundred year history has only posted a net loss twice. Granted Nintendo have taken a hit with 3DS first year and Wii U first year, but doomed? i think not.

The past doesn't matter if they are unable to turn their business around.  Plenty of companies that were profitable for decades have gone out of business if they couldn't improve their core operations or find new markets.  A hundred years of profits doesn't mean they can have a hundred years of losses.

Also, again Operating Income is the more pertinent piece of information.  They can't rely on Abenomics to increase the value of their foreign holdings when expressed in yen every year.  Operating income shows the profitablity of their actual core business.  They were still posting operating losses prior to the Wii U launch.  It wasn't just two blips for the 3DS and Wii U, the operating losses have been pretty consistent for three fiscal years now.  That has also been helped by the yen depreciation.  A 3DS sold in December 2011 for $170 actually brought in less yen than a 2DS sold for $130 in December 2013.  If the yen were to rise back to 80 per dollar, Nintendo would be posting very poor numbers.

With all of that said, I don't expect Nintendo to be going out of business very soon.  However, the way people class any criticism of Nintendo as saying they are "doomed" is very disingenuous.  It is just used as a tool to deflect criticism, and there is plenty of legitimate criticism to be aimed at Nintendo's business operations right now.



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Yakuzaice said:
zippy said:

So in the grand scheme of things, a multi billion dollar company with a hundred year history has only posted a net loss twice. Granted Nintendo have taken a hit with 3DS first year and Wii U first year, but doomed? i think not.

The past doesn't matter if they are unable to turn their business around.  Plenty of companies that were profitable for decades have gone out of business if they couldn't improve their core operations or find new markets.  A hundred years of profits doesn't mean they can have a hundred years of losses.

Also, again Operating Income is the more pertinent piece of information.  They can't rely on Abenomics to increase the value of their foreign holdings when expressed in yen every year.  Operating income shows the profitablity of their actual core business.  They were still posting operating losses prior to the Wii U launch.  It wasn't just two blips for the 3DS and Wii U, the operating losses have been pretty consistent for three fiscal years now.  That has also been helped by the yen depreciation.  A 3DS sold in December 2011 for $170 actually brought in less yen than a 2DS sold for $130 in December 2013.  If the yen were to rise back to 80 per dollar, Nintendo would be posting very poor numbers.

With all of that said, I don't expect Nintendo to be going out of business very soon.  However, the way people class any criticism of Nintendo as saying they are "doomed" is very disingenuous.  It is just used as a tool to deflect criticism, and there is plenty of legitimate criticism to be aimed at Nintendo's business operations right now.

Yes many mistakes have been made and the next move is crucial. Firstly they need to support the Wii U until the end of its cycle, try and salvage something, keep fans on board and reputation intact. Iwata is brilliant at reading the Japanese market, but must have somebody brought in to help with the western markets. Hopefully the changes Nintendo are planning will point things back in the right direction.



No, Nintendo just broke the record for the biggest lowering of predicted sales of a console. I think you'll find that's why there's so many threads ... It comes with the territory.



 

The PS5 Exists. 


You know, the reason why I don't like talking negatively about Nintendo isn't because I play Nintendo games or anything. I usually like to present information that a lot of people aren't saying for one thing, but the other thing is that I hate one-sided arguments and/or discussions unless there isn't much room for any other side.

For this one, I would say that the news about Nintendo recently has been worse than it has been for a really long time so I can see why so many doom threads would come up (and very likely lots of gaming articles as well). I personally think most of the people who follow gaming news are way too extreme. While this news isn't small, I already know the majority of people reading these things are perceiving it as worse than it is (just like good news is done).

Anyway, I am currently not posting as much right now because I want to wait and see what happens. I already know a lot of people like to hold on to what people say here.



I'm not sure about that but it's definitely looking/sounding like a broken record here...