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Forums - Nintendo - Wall Street Journal: Nintendo starts to cool down

Well, he did do a good job of covering every little chink in the Wii's armor, even if he utterly failed to see the larger picture.

For example, 5 out of the top 10 selling Japanese console games of 2009 are Wii titles, compared to 6 out of 10 in 2008. Not exactly the software collapse it's made out to be.

And explosive US sales are certainly a big factor in why Nintendo is getting a smaller share of its revenue from Japan. A more actually useful comparison would be revenue from Nintendo products versus revenue from Playstation products in Japan.



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Another reason I think 2009 sales won't pick up to catch 2008 is that you have the current deficit of 700k units and in 2008 1 year ago exactly Mario Kart Wii released in Japan.
So April 2009 vs April 2008 is going to be terrible too...



PS3-Xbox360 gap : 1.5 millions and going up in PS3 favor !

PS3-Wii gap : 20 millions and going down !

LOL

Nintendo starts to cool down... then DSi sells 400k+ in others and Wii sells 200k+ a week, yeah... thats slowing down.

PS3 + 360 must be at a standstill...



                            

@Ail

Why do you think Wii Music wasn´t as successful as Nintendo was predicting/hoping?



Or maybe for once we should all stop "over" analyzing every little thing that is printed that does not agree with this website "personal" opinion. It is a article that is there to inform not change your mind. Hopefully this article is wrong, if it is right then I "told" you so is in order. Otherwise every wii owner should go out and buy madworld for goodness sake, it deserves much better sales then it got so far.



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famousringo said:

Well, he did do a good job of covering every little chink in the Wii's armor, even if he utterly failed to see the larger picture.

For example, 5 out of the top 10 selling Japanese console games of 2009 are Wii titles, compared to 6 out of 10 in 2008. Not exactly the software collapse it's made out to be.

And explosive US sales are certainly a big factor in why Nintendo is getting a smaller share of its revenue from Japan. A more actually useful comparison would be revenue from Nintendo products versus revenue from Playstation products in Japan.

 

It probably would be more usefull to know how many units those 5 games in the top 10 have sold lol, being first among the last doesn't mean much...

The Wii had several million sellers in 2008, I don't think any of those 5 games you mention in 2009 are anywhere near that mark....( Q1 2008 had SSBB, Q2 2008 had Mario Kart). Now we can sure hope there are better released lined up for the rest of the year but they are going to have a tough job doing anywhere near what those 2 games did ( Wii Fit sold an ass load of copies in Japan in 2008 too).

Remember this is the Wall Street journal, they are trying to guess how Nintendo stock will fare based on the potential growth of the company within the next 2-5 years. This ain't the newspaper you pick up at the corner of the street...

 

 



PS3-Xbox360 gap : 1.5 millions and going up in PS3 favor !

PS3-Wii gap : 20 millions and going down !

JGarret said:
@Ail

Why do you think Wii Music wasn´t as successful as Nintendo was predicting/hoping?

 

How could it be successful when it was up against games like guitar hero and rock band?  The game really had no chance against the much more polished and supported competitors.



JGarret said:
@Ail

Why do you think Wii Music wasn´t as successful as Nintendo was predicting/hoping?

 

I have no clue at all.

All I'm saying is that people hoping releases later in the year are going to help the Wii do as well as in 2008 are probably hoping a bit too much, 2008, aside from the Medium Chrismas period ( whose effect is actually really felt on console sales in Q1 2009) was a dream year for software in Japan for Nintendo....



PS3-Xbox360 gap : 1.5 millions and going up in PS3 favor !

PS3-Wii gap : 20 millions and going down !

Ail said:
venepe said:
Ail said:
venepe said:
This articles are interesting but are too narrowminded I think. For some reason they compare the Wii with the PSP to make a point, and don't mention the DS success. Second, they don't allow for the upcoming games for the Wii, I am sure that NoJ is counting on Monster Hunter and Motion+ to increase sales. It just seems that they assume that the March sales results are going to be the norm rather than the exception.

 

Actually there is data to back up their statement but the journalist failed to mention it.

2008 sales were lower than 2007 in Japan despite the first half of 2008 having monster Nintendo software releases there.

2009 is just a continuation of 2008 with no good software released which does make things worse.

Correct.  However I think the decrease in sales for the 2008 year was due to NoJ expectations in the success of Wii Music and AC during the holiday season.  Thus, I don't believe that it is a dowward trend, but rather a low period due to a miscaculation, which will reverse if NoJ meets their expectations this year.

 

I think 2009 will be lower than 2008 but not on the scale that it is now ( right now sales are down  63% compared to 2008, 412k units vs 1.114 million units), it's just going to be very hard to make up for the drop in Q1 during the rest of the year...

One of the issue the Wii is suffering from in Japan is that if you want to develop a niche budget title (for which there seem to be a huge market in Japan) and want to target the biggest audience you do it on the PS2, not on the Wii ( as can attest the weekly Japan software sales, every month or so there is a PS2 title that does 80k+ on first week..)

 

 

 

I get your point.  However, the decrese in sales will be due to the overall console market trend, not the fact that Nintendo is "cooling down".  PS3 saw a decline in sales in 2008 compared to 2007 as well (1.2M in '07 to 1M in '08), so it is not Wii "cooling down", it is the console market "cooling down".

 



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venepe said:
Ail said:
venepe said:
Ail said:
venepe said:
This articles are interesting but are too narrowminded I think. For some reason they compare the Wii with the PSP to make a point, and don't mention the DS success. Second, they don't allow for the upcoming games for the Wii, I am sure that NoJ is counting on Monster Hunter and Motion+ to increase sales. It just seems that they assume that the March sales results are going to be the norm rather than the exception.

 

Actually there is data to back up their statement but the journalist failed to mention it.

2008 sales were lower than 2007 in Japan despite the first half of 2008 having monster Nintendo software releases there.

2009 is just a continuation of 2008 with no good software released which does make things worse.

Correct.  However I think the decrease in sales for the 2008 year was due to NoJ expectations in the success of Wii Music and AC during the holiday season.  Thus, I don't believe that it is a dowward trend, but rather a low period due to a miscaculation, which will reverse if NoJ meets their expectations this year.

 

I think 2009 will be lower than 2008 but not on the scale that it is now ( right now sales are down  63% compared to 2008, 412k units vs 1.114 million units), it's just going to be very hard to make up for the drop in Q1 during the rest of the year...

One of the issue the Wii is suffering from in Japan is that if you want to develop a niche budget title (for which there seem to be a huge market in Japan) and want to target the biggest audience you do it on the PS2, not on the Wii ( as can attest the weekly Japan software sales, every month or so there is a PS2 title that does 80k+ on first week..)

 

 

 

I get your point.  However, the decrese in sales will be due to the overall console market trend, not the fact that Nintendo is "cooling down".  PS3 saw a decline in sales in 2008 compared to 2007 as well (1.2M in '07 to 1M in '08), so it is not Wii "cooling down", it is the console market "cooling down".

 

True, but I don't think it does a lot of good to a Nintendo stockholder to know that the Sony Stockholder is suffering too....

Part of the Wall Street journal job is to identify which companies are hot and which will be hot for the foreseable future.....

If the Japan situation was to spill over the rest of the world Nintedo might move from being a Google like to an Oracle like...( stable good revenue but no crazy growth) and probably the Nintendo stock valuation would fall back to more acceptable levels....

 

 



PS3-Xbox360 gap : 1.5 millions and going up in PS3 favor !

PS3-Wii gap : 20 millions and going down !