padib said:
I'm really angry about this because I knew they were undervalued and parked my money there for almost two years up until last fall when I started needing money. I would have left it parked there were it not for having to recapitulate. That's almost 2000 dollars and possibly more down the drain. |
Same thing happened to me bud. I had money in them for up unitl the end of last year in September.
Nintendoom.
| Mummelmann said:
Nintendo's franchises will fit perfectly on the mobile devices and they do things right, it can become a lasting gold mine. I do wonder what the proponents of the UNITY thread would have to say about it though, since smart devices and the mobile gaming market was described as nothing but a bubble and a fad... |
Yes, I completely agree; doing some much needed reforms and partning up with someone that knows the mobile market is all good thing. The question is, how will that help their consoles? Will the reforms transfer to their HW divisions as well? Sadly, I don't see Nintendo trying to cater to the Western markets all that much in the near future. Maybe if Retro gets to do a "Western" type of game and it becomes a smash hit...
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DanneSandin said:
Yes, I completely agree; doing some much needed reforms and partning up with someone that knows the mobile market is all good thing. The question is, how will that help their consoles? Will the reforms transfer to their HW divisions as well? Sadly, I don't see Nintendo trying to cater to the Western markets all that much in the near future. Maybe if Retro gets to do a "Western" type of game and it becomes a smash hit... |
I honestly don't know about their consoles, there comes a time when they might be forced to choose between pride and business. Most companies undergo major changes, especially ones as old Nintendo. Peugeot has a really interesting history, for instance (seriously, look it up!).
Microsoft and Sony are not doing what they used to be doing and they probably won't be doing exactly what they're doing now in the gaming industry within a decade or less; it goes without saying that Nintendo should be prepared to adapt and change as well.
I think I wrote in the UNITY thread that the 8th gen will be where they all strived for similarity overall, while the 9th gen will be all about setting themselves apart and they will all be forced to reckon with the blistering pace of the overall consumer electronics market, sooner rather than later, and for now it actually seems like Nintendo are thinking ahead for the first time in ages.
I don't think it can be seen as a migration of their gaming concepts but it is certainly an expansion and they may very well be prepared to focus on profits from sectors that have been, up until now, alien to them.
If Nintendo make it big in the mobile industry, and that seems quite likely from where I'm sitting; Sony and MS better damn well be prepared should they face the need for smarter, quicker and safer revenue for their gaming divisions as well down the line. I believe that Nintendo will be a far more dangerous opponent in the mobile space than they ever were in home consoles. As long as they don't start making phones or tablets; that is a terrible idea imo.
| Mummelmann said: I honestly don't know about their consoles, there comes a time when they might be forced to choose between pride and business. Most companies undergo major changes, especially ones as old Nintendo. Peugeot has a really interesting history, for instance (seriously, look it up!). Microsoft and Sony are not doing what they used to be doing and they probably won't be doing exactly what they're doing now in the gaming industry within a decade or less; it goes without saying that Nintendo should be prepared to adapt and change as well. I think I wrote in the UNITY thread that the 8th gen will be where they all strived for similarity overall, while the 9th gen will be all about setting themselves apart and they will all be forced to reckon with the blistering pace of the overall consumer electronics market, sooner rather than later, and for now it actually seems like Nintendo are thinking ahead for the first time in ages. If Nintendo make it big in the mobile industry, and that seems quite likely from where I'm sitting; Sony and MS better damn well be prepared should they face the need for smarter, quicker and safer revenue for their gaming divisions as well down the line. I believe that Nintendo will be a far more dangerous opponent in the mobile space than they ever were in home consoles. As long as they don't start making phones or tablets; that is a terrible idea imo. |
Yeah it's gonna be interesting to watch where this takes Nintendo, and if MS and Sony will do the same. Out of the two, I think MS has a bigger need of going mobile; their gaming division isn't making tons of money, but it is Sony that has the better mobile friendly IP's of the two...
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Furthermore, I think VGChartz should add a "Like"-button.
Nintendo is always doomed, and other funny news that just never comes true
Wait some people are upset i put Doom in the title because we haven't gotten a real Nintendo doom thread in awhile (and by awhile like a week or 2)?
WTH?
People here keep discussing if Nintendo will continue to make consoles and use as an argument that it has been selling less consoles each generation (except for Wii/DS gen).
Are people aware that N64 sold way less than PS1 yet Nintendo made more Money than Sony?
Are people aware that gamecube sold way less than PS2 and less than Xbox and still made more Money than both combined? (Actually let's not combine since Xbox actually lost Money)
Are people aware that Wii vs PS3 vs X360 wasn't even a contest (moneywise speaking of course)?
If I recall correctly last financial quarter Nintendo was even doing better than both Sony's a and Microsoft's gaming divisions even after selling way less consoles.
I keep saying this but people still don't listen: Nintendo needs way less sales to get profitable, Sony's and Microsoft's business strategies are much more dependable on the need to sell millions and millions of games/consoles than Nintendo's.
Nintendo sells less but still make Money. Ultimately that's matters when companies decide if they'll stay in the business.
Yes, Nintendo has a lot of problems they need to deal with, but I don't see them ever getting out of the console business. Only way I see them doing that is if they find another way to make more money and want to concentrate all their resources on that instead of consoles/handhelds.
| tbone51 said: Source http://www.gonintendo.com/s/251538-nintendo-market-cap-at-24-billion-highest-in-4-years
Nintendo Market Cap at 24 Billion; Highest in 4 Years Nintendo’s market cap (total dollar market value of the shares outstanding of a publicly traded company)
- 24 billion US Dollars (2.95 trillion Yen) - almost double what it was in January
btw, im no expert at all when it comes to this ****, but i say that when Nintendo is doomed, it must really be doom!
As Captain Yuri would post 1st and say "Nintendo... Doomed since 1889" |
The share price always goes way up before financial's are released check again 1 week after.
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