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Forums - Sales Discussion - Nintendo of America: "Nintendo Switch achieves its best sales week ever in the U.S."

numberwang said:
Soundwave said:

The stock market is stagnating. 

Up from 18100 on election day to 27500 now, a 53% increase in a little over three years. Money to spend on smaller consumer items is is here.

Growth that's stagnating the last year as I said under President Dipshit Trump. 

Does Obama get credit for XBox 360 having the biggest Black Friday week ever? 



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Soundwave said:
numberwang said:

Up from 18100 on election day to 27500 now, a 53% increase in a little over three years. Money to spend on smaller consumer items is is here.

Growth that's stagnating the last year as I said under President Dipshit Trump. 

Does Obama get credit for XBox 360 having the biggest Black Friday week ever? 

So, stagnating after its all-time high? Yea, there's a limit to how much that thing can grow. Of course, that graph doesn't show stagnation.



Shadow1980 said:
numberwang said:

Trump economy.

The fortunes of the video games market are, as far as anyone can tell, not dependent on the state of the economy, be it boom or bust. Sales continued to rise during the last recession, which took place early last generation, contrary to what one would think given how many people fell on hard times. Similarly, we had another smaller recession in 2001, again early on in a console generation, yet the console market experienced significant sales growth. The console cycle of grow-peak-decline-repeat seems to just go on its own pace, almost as if people continue to spend on entertainment even in tough economic times (movies likewise seem to be recession-proof). Granted, we haven't seen anything nearly as severe as the Great Depression in 90 years, so we don't know how recession-proof games really are, but so far, the Reagan, Bush I, Clinton, Bush II, Obama, and Trump economies have meant precisely diddly squat when it comes to consumer spending on video games.

I am going to somewhat disagree with this.  During a recession people eat less steak and more macaroni and cheese.  They shop at Walmart more and other more expensive stores less.  People choose cheaper substitutes during a recession.

In 2008, the stock market crashed.  The Wii continued to dominate throughout 2008-2009 while PS3 and XBox360 sales were sluggish.  At the same time the cheaper DS was also dominating the PSP.  In both cases people were choosing the cheaper substitutes.  So, it does not appear that the recession caused anyone to leave the gaming market, quite the opposite in fact.  However, the recession did correlate with the success of cheaper substitutes.



The_Liquid_Laser said:

I am going to somewhat disagree with this.  During a recession people eat less steak and more macaroni and cheese.  They shop at Walmart more and other more expensive stores less.  People choose cheaper substitutes during a recession.

In 2008, the stock market crashed.  The Wii continued to dominate throughout 2008-2009 while PS3 and XBox360 sales were sluggish.  At the same time the cheaper DS was also dominating the PSP.  In both cases people were choosing the cheaper substitutes.  So, it does not appear that the recession caused anyone to leave the gaming market, quite the opposite in fact.  However, the recession did correlate with the success of cheaper substitutes.


While the recession "officially" began in Q1 2008, it took a while for the effects to be fully felt. Unemployment grew only slowly at first, not accelerating until the second half of the year and on into 2009, where it peaked at 10% in October that year. Unemployment remained over 9% through 2011, and by time the current console gen began it had just finally gotten below 7%.

The 360 and PS3 both had unimpressive starts, and that was before the recession. Despite no real competition for most of the year and a still-healthy pre-recession economy, the 360 sold only 3.93M units in the U.S. in 2006. In 2007, still pre-recession, it had jumped to 4.62M, an increase of only 17.6%, and that's despite a $50 price cut and the release of Halo 3. The PS3 sold only 2.56M in 2007.

The PS3 experienced steady growth with each successive cut to its initially very high price tag, with the most growth coming with the PS3 Slim, the first SKU regularly priced at $300, which was released right when unemployment hit its absolute peak.

While the 360 was mostly flat from 2007 to 2009, that could just as easily be chalked up to the RRoD issue preventing possible growth. The "Pro/Premium" SKU (the cheaper of the HDD-equipped SKUs) had already been permanently slashed to $300, only $50 more than the Wii, by Sept. 2008 when unemployment was quickly en route to its peak. It didn't experience significant growth until the 360 S was released in June 2010. That model, unlike the PS3 Slim, was not also a de facto price cut on its own (meaning the regular price of the base HDD-equipped 360 models never dropped below $299 after Sept. 2008, nearly two years before the S-model was released), but it did resolve the hardware issues plaguing older models of the 360. Both systems peaked in sales in 2011, when unemployment was still hovering around 9%.

As for the Wii, its sales trajectory was entirely normal for a Nintendo console, and there's no evidence that its success came at the expense of the 360 & PS3. And the DS would have destroyed the PSP regardless of the state of the economy, because A) it was  a lot less expensive, and B) it's a Nintendo handheld, something that always does well. The PSP did well for itself, far better than any other non-Nintendo handheld, but there was no way it was going to be a close race between it and the DS.

Could the recession have had an impact? Possibly, but there's nothing about the trajectory of their sales curves that can't be just as easily explained by the same factors that affect every other console's sales. Even after adjusting for inflation, both systems were expensive compared to nearly every major console from generations prior. The Saturn was the only one on par with the PS3 (the 20GB PS3 was less expensive at launch than the Saturn was, but the 60GB SKU was more expensive). The 20GB 360 was the third most expensive console ever. Both systems remained more expensive throughout their lives than any other prior console at any given point in their lives. This was because of price cuts that were further between and proportionally smaller than price cuts older consoles got. The 360 as mentioned only experienced significant growth in the U.S. when it got a new model that resolved persistent and widespread hardware issues that tarnished the system's reputation. And both systems did their best when unemployment was at its worst. This even repeats in Europe, where the PS3 & 360 experienced steady growth throughout their early years on through to a 2011 peak. In Japan, both the PS3 and 360 peaked in 2009. Both regions also had tough economic times when we were (Japan less so than the others, but still).

TL;DR version: The sales trajectory of the PS3 & 360 can be fully explained by factors other than the economy, and external economic factors don't seem to correlate with anything in the sales data, not during last generation or any previous generation.



numberwang said:
Soundwave said:

The stock market is stagnating. 

Up from 18100 on election day to 27500 now, a 53% increase in a little over three years. Money to spend on smaller consumer items is is here.


There's a specific reason you chose to show the 5 year graph, right? Now I'm not big into politics or economics, but I was curious if you were using some statistical wizardry or genuinely being objective and unbiased. When I saw the graph, I was like "damn, I didn't know our country was doing *that* good under Trump". Y'know what I mean? But I live in a largely democratic state (Illinois), and it's rare that I hear anything positive about Trump. I voted for him myself, but since it's so commonplace to mock him in my area, I usually partake in the mockery so as to fit in.

We had a business trip to Alabama twice in recent months, and one of the things that stuck out to me was that people in Alabama seem to not think the same way of Trump. It's difficult to put into words, but I suppose that it helped for me to understand how he got elected in the first place. Sure, I voted for him, but based on how there are almost zero people voicing positive opinions about him where I live, I couldn't comprehend his victory.

Back to your graph. Like I said before, I'm not interested in politics, so I'm not trying to incite further political debate. But the point I'm trying to make is not political; it's that your graph is misleading in the context of what you are trying to say.

If you change the graph to show the full "max" range, you can see that the DOW Jones has almost always been trending upwards. Your graph only goes down to ~16k, but from looking at the data, it was at ~8.5k when Obama was elected. And right before that time it was trending down hard, and then took a steep rise after he took office. It just bugs me a bit that the evidence you are using almost seems like it could be the very same evidence used for the opposition.

I guess it's possible you just didn't know this, and never bothered to check the max range. In that case you are not guilty of being intentionally misleading, but you are still kind of wrong. But I think you did know.

(Sorry for the political post; not trying to upset anyone.)



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These results were bolstered in part by the recently introduced Nintendo Switch Lite system and a variety of Black Friday offers, such as a Nintendo Switch bundle that included a full game download of the Mario Kart 8 Deluxe game at no additional charge

This line right here shows how powerful Mario Kart has been and one reason why I don't think Nintendo will release a new one anytime soon. It sells so well already.

RaptorChrist said:
numberwang said:

Up from 18100 on election day to 27500 now, a 53% increase in a little over three years. Money to spend on smaller consumer items is is here.


There's a specific reason you chose to show the 5 year graph, right? Now I'm not big into politics or economics, but I was curious if you were using some statistical wizardry or genuinely being objective and unbiased. When I saw the graph, I was like "damn, I didn't know our country was doing *that* good under Trump". Y'know what I mean? But I live in a largely democratic state (Illinois), and it's rare that I hear anything positive about Trump. I voted for him myself, but since it's so commonplace to mock him in my area, I usually partake in the mockery so as to fit in.

We had a business trip to Alabama twice in recent months, and one of the things that stuck out to me was that people in Alabama seem to not think the same way of Trump. It's difficult to put into words, but I suppose that it helped for me to understand how he got elected in the first place. Sure, I voted for him, but based on how there are almost zero people voicing positive opinions about him where I live, I couldn't comprehend his victory.

Back to your graph. Like I said before, I'm not interested in politics, so I'm not trying to incite further political debate. But the point I'm trying to make is not political; it's that your graph is misleading in the context of what you are trying to say.

If you change the graph to show the full "max" range, you can see that the DOW Jones has almost always been trending upwards. Your graph only goes down to ~16k, but from looking at the data, it was at ~8.5k when Obama was elected. And right before that time it was trending down hard, and then took a steep rise after he took office. It just bugs me a bit that the evidence you are using almost seems like it could be the very same evidence used for the opposition.

I guess it's possible you just didn't know this, and never bothered to check the max range. In that case you are not guilty of being intentionally misleading, but you are still kind of wrong. But I think you did know.

(Sorry for the political post; not trying to upset anyone.)

Think you're way over thinking it. 5 Years is normal for any long-term stock graph. Beyond that it becomes less meaningful. 



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Why are you guys even talking about stock market here lol. Besides the top 10% own majority of the shares. Bottom 50 percent barely owns any stock and average person if they do own stock it would be through their 401ks from work. So just because stock market is up doesn't really mean shit for the average person. It isn't like they are going to take a loan out on their 401ks and buy more video game systems



VideoGameAccountant said:

These results were bolstered in part by the recently introduced Nintendo Switch Lite system and a variety of Black Friday offers, such as a Nintendo Switch bundle that included a full game download of the Mario Kart 8 Deluxe game at no additional charge

This line right here shows how powerful Mario Kart has been and one reason why I don't think Nintendo will release a new one anytime soon. It sells so well already.

RaptorChrist said:


There's a specific reason you chose to show the 5 year graph, right? Now I'm not big into politics or economics, but I was curious if you were using some statistical wizardry or genuinely being objective and unbiased. When I saw the graph, I was like "damn, I didn't know our country was doing *that* good under Trump". Y'know what I mean? But I live in a largely democratic state (Illinois), and it's rare that I hear anything positive about Trump. I voted for him myself, but since it's so commonplace to mock him in my area, I usually partake in the mockery so as to fit in.

We had a business trip to Alabama twice in recent months, and one of the things that stuck out to me was that people in Alabama seem to not think the same way of Trump. It's difficult to put into words, but I suppose that it helped for me to understand how he got elected in the first place. Sure, I voted for him, but based on how there are almost zero people voicing positive opinions about him where I live, I couldn't comprehend his victory.

Back to your graph. Like I said before, I'm not interested in politics, so I'm not trying to incite further political debate. But the point I'm trying to make is not political; it's that your graph is misleading in the context of what you are trying to say.

If you change the graph to show the full "max" range, you can see that the DOW Jones has almost always been trending upwards. Your graph only goes down to ~16k, but from looking at the data, it was at ~8.5k when Obama was elected. And right before that time it was trending down hard, and then took a steep rise after he took office. It just bugs me a bit that the evidence you are using almost seems like it could be the very same evidence used for the opposition.

I guess it's possible you just didn't know this, and never bothered to check the max range. In that case you are not guilty of being intentionally misleading, but you are still kind of wrong. But I think you did know.

(Sorry for the political post; not trying to upset anyone.)

Think you're way over thinking it. 5 Years is normal for any long-term stock graph. Beyond that it becomes less meaningful. 

Just for your info : your link in your signature leads to an error 404



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thismeintiel said:
Soundwave said:

Growth that's stagnating the last year as I said under President Dipshit Trump. 

Does Obama get credit for XBox 360 having the biggest Black Friday week ever? 

So, stagnating after its all-time high? Yea, there's a limit to how much that thing can grow. Of course, that graph doesn't show stagnation.

You do realize of course the stock market (S&P500 index) has hit for its time an "all time" high during the term of every modern president (Jimmy Carter onwards) right? The largest percentage rises (from inauguration onwards) coming under presidents Clinton and Obama. 



VideoGameAccountant said:

These results were bolstered in part by the recently introduced Nintendo Switch Lite system and a variety of Black Friday offers, such as a Nintendo Switch bundle that included a full game download of the Mario Kart 8 Deluxe game at no additional charge

This line right here shows how powerful Mario Kart has been and one reason why I don't think Nintendo will release a new one anytime soon. It sells so well already.

Yeah we won't see Mario Kart 9 until the Switch 2 in 2022/2023 sadly.



Bet with Liquidlaser: I say PS5 and Xbox Series will sell more than 56 million combined by the end of 2023.