Yes, the Wii is doomed, and Nintendo will go bankrupt, just like they did when the Gamecube failed and the PSP was announced and was ready to take Nintendo's handheld crown from them...
Oh... wait a minute here...
Oh. I see. I see now.
| Naum said: OKey... so how is the Sony or MS stock doing?? |
What the hell do Sony and Microsoft stocks have to do with this Nintendo thread?
Talk about being a defensive wii fanboy but this is just ridiculous.
| Asriel said: Yes, the Wii is doomed, and Nintendo will go bankrupt, just like they did when the Gamecube failed and the PSP was announced and was ready to take Nintendo's handheld crown from them... Oh... wait a minute here... Oh. I see. I see now. |
Ah, you do realise that the gameboy essentially kept Nintendo afloat during the N64 and GameCube days right?
Also you speak as if PSP didn't affect Nintendo, but Sony's 1st entry into the hand held did a might fine job of taking away about 31% of it's market share, remember before the PSP came in Nintendo all but dominated the hand held market with almost 100% market share...So I'd say Sony PSP took a good 31% of that crown.
Destroyer_of_knights said:
Ah, you do realise that the gameboy essentially kept Nintendo afloat during the N64 and GameCube days right? Also you speak as if PSP didn't affect Nintendo, but Sony's 1st entry into the hand held did a might fine job of taking away about 31% of it's market share, remember before the PSP came in Nintendo all but dominated the hand held market with almost 100% market share...So I'd say Sony PSP took a good 31% of that crown. |
Perhaps, but it isn't knocking the DS off its path at all to being the best selling console or handheld ever.
| Wii/PC/DS Lite/PSP-2000 owner, shameless Nintendo and AMD fanboy.
My comp, as shown to the right (click for fullsize pic) |
 |
| CPU: AMD Phenom II X6 1090T @ 3.2 GHz Video Card: XFX 1 GB Radeon HD 5870 Memory: 8 GB A-Data DDR3-1600 Motherboard: ASUS M4A89GTD Pro/USB3 Primary Storage: OCZ Vertex 120 GB Case: Cooler Master HAF-932 OS: Windows 7 Ultimate x64 |
Extra Storage: WD Caviar Black 640 GB, WD Caviar Black 750 GB, WD Caviar Black 1 TB Display: Triple ASUS 25.5" 1920x1200 monitors Sound: HT Omega Striker 7.1 sound card, Logitech X-540 5.1 speakers Input: Logitech G5 mouse, Microsoft Comfort Curve 2000 keyboard |
| Wii Friend Code: 2772 8804 2626 5138 | Steam: jefforange89 |
Well I'm contemplating buying more stock. I've already sold half my holdings due to the crazy stock price Ninty had awhile back.
I game. You game. We game.
I'm a videogamer, not a fanboy, but have a special place for Nintendo.
Current Systems Owned: NSwitch/PS4/XONE/WiiU/3DS/2DS/PCGaming Rig-i7/ASUS i7 Gaming Laptop.
Previous Game Consoles: PS3/Xbox360/Wii/DSL/Pretty much every one thats been released since the Atari 2600.
Destroyer_of_knights said:
Ah, you do realise that the gameboy essentially kept Nintendo afloat during the N64 and GameCube days right? Also you speak as if PSP didn't affect Nintendo, but Sony's 1st entry into the hand held did a might fine job of taking away about 31% of it's market share, remember before the PSP came in Nintendo all but dominated the hand held market with almost 100% market share...So I'd say Sony PSP took a good 31% of that crown. |
I wouldn't say the PSP took 31% of Nintendo's handheld market. I'd say the handheld market is much bigger now. And yes, I do know about the Gameboy. I've owned several 
I'm not ignorant, I was just pretending to be.
But that's besides the point. I wasn't being serious. I'm simply saying that last time Nintendo were at their 'weakest' so to speak, as viewed by many analysts and their competitors, they experienced the meteoric rise from which they are now 'falling'. Which was bound to happen at some point. No company will see growth like that for a little while now-but it doesn't mean Nintendo are about to get dumped off the top spot. I suppose this isn't really the thread to discuss things like that, really. I was just pre-empting the people who will come in and state that the Wii IS doomed, by being melodramatic and ignorant.
Hmm, tuition's paid off for the semester, and I still have a couple grand...
Serious question for the financial wizards out there: If a company is sitting on tons of cash, more than enough to pursue any future operations and expansions it might make, does its stock price really matter?
I'm guessing that the only real danger is a shareholder revolt booting people off the board, which doesn't seem likely in this case unless Yamauchi decides Iwata is incompetent. Is there anything else?
"The worst part about these reviews is they are [subjective]--and their scores often depend on how drunk you got the media at a Street Fighter event." — Mona Hamilton, Capcom Senior VP of Marketing
*Image indefinitely borrowed from BrainBoxLtd without his consent.
Destroyer_of_knights said:
What the hell do Sony and Microsoft stocks have to do with this Nintendo thread? |
“When we make some new announcement and if there is no positive initial reaction from the market, I try to think of it as a good sign because that can be interpreted as people reacting to something groundbreaking. ...if the employees were always minding themselves to do whatever the market is requiring at any moment, and if they were always focusing on something we can sell right now for the short term, it would be very limiting. We are trying to think outside the box.” - Satoru Iwata - This is why corporate multinationals will never truly understand, or risk doing, what Nintendo does.
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