Nintendo is Going Under (Doomed)... Market Cap at 24 Billion; Highest in 4 Years

Manlytears

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Manlytears on 21 April 2015

Handhelds, Nintendo money machines since 80s...

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Slarvax on 21 April 2015

Can you guys stop playing victim? There has been no "Doom" threads for quite some time. Nobody is saying Nintendo is doomed, only your sarcastic posts.

Bet with bluedawgs: I say Switch will outsell PS4 in 2018, he says PS4 will outsell Switch. He's now permabanned, but the bet will remain in my sig.

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Spade on 21 April 2015

Slarvax said:
Can you guys stop playing victim? There has been no "Doom" threads for quite some time. Nobody is saying Nintendo is doomed, only your sarcastic posts.

This... Dear Lord, so much this. Thank you Slarvax.

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POE

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POE on 21 April 2015

Going third party next week.

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thismeintiel on 21 April 2015

Mummelmann said:
The market cap exploded after their announcements of going mobile and signs of actually trying to change things for the future. Should they fail to deliver on these changes and create a viable business venture for the long term; this market cap can easily tumble again, with the added bonus of massive wads of actual cash reserves being spent on investment, re-structuring, R&D and large scale software output to get the gears going.

In short; everything could be a whole lot worse within a couple of years' time.

That said; I think they'll do fine, I'm glad to see them starting to think outside the box and take action in the face of declines and the changing market but I wish they hadn't spent the last few years floundering about.
Doomed, they are not, but they're not out of the woods yet either, a surge in stock on the back of promising news following a long period of declines and poor performance is quite common but doesn't always constitute a miraculous resurrection or comeback by default.

Very true. As long as the mobile games are actual experiences and not quick, cheap tie-in games, they should do well in the mobile market. I also think that the NX handheld side of things will do as well as the 3DS. However, the home console side of things probably will see as much success as the Wii U. It'll have too much competition from a $199 PS4 and a looming, much more powerful PS5 (which Sony will most likely launch at $399, again.)