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Forums - Nintendo - Wii FAILED in sales during Thanksgiving weekend

LordTheNightKnight on 04 December 2009

"even though that profit was down by one-third in the April quarter of 2009"

Which is what I meant by all companies not doing as well.



A flashy-first game is awesome when it comes out. A great-first game is awesome forever.

Plus, just for the hell of it: Kelly Brook at the 2008 BAFTAs

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Ail on 04 December 2009
mike_intellivision said:
Ail said:
LordTheNightKnight said:
Cheebee said:
LordTheNightKnight said:
Cheebee said:
@ Lord,

"Lowered profits" of the other companies? That's an understatement, PS3 isn't profitable at all, they're drowning in red ink. Dunno about the 360, but I seriously doubt it's profitable. Could be though. Still, nowhere near Wii, which is lightyears ahead.

Everyone and their grandmother love to bash Nintendo, but the fact remains that they're one of the very most succesful and profitable companies in the entire world, which cannot be said of their competitors.

I wrote "even in whole", as in not just the gaming divisions.

You did. So then, as in, their gaming divisions are not making ahy profit, but in fact posting losses? Sorry, didn't quite understand that form your post, but that's okay, as long as we agree on Nintendo's astounding profitability.

What I meant was that the entire Sony corporation and Microsoft corporation weren't doing so well either.

Sony maybe, Microsoft though ?

Microsoft lowest profit in any quarter since the start of 2000 has been around 1.5 billion$ ( and that was ike 9 years ago).

Nintendo's best yearly profit was 4.77 billion$ ( what Microsoft typically earns these days in 5 months, ).

Nintendo's target profit for 2009-2010 is 2.5 billion$. Microsoft made 3.57 billion$ of profit for the first quarter of 2009-2010...

 

Right now Nintendomarket capitalization is little less than 40 billion$. Microsoft is 266 billion$....

 

Stop comparing what isn't comparable....

 

 

 

You are right. Nintendo does not force people to buy its products like Microsoft essentially does. Being the de facto standard for OS and productivity software in the world ensures that you make a profit -- even though that profit was down by one-third in the April quarter of 2009.

As for Sony, at one point this generation, Nintendo's cash reserves were greater than Sony's market cap.  In other words, Nintendo could have bought IN CASH all Sony stock -- for the entire corporation. Of course, since Sony was closing plants and losing money, it would not have been a wise move.

Essentially though, the console market has a gaming company (Nintendo) and an electronics company (Sony) and a computer software company (Microsoft).  Only one has to live and die with gaming -- and it continues to make profits.

Mike from Morgantown

 

And Microsoft made an offer for Yahoo not too long ago that is greater than Nintendo market cap too...

There's no benefit for MSFT but provided there is enough float available , buying Nintendo wouldn't be hard for them either...



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

PS3-Wii gap : 20 millions and going down !

LordTheNightKnight on 04 December 2009
Ail said:
mike_intellivision said:
Ail said:
LordTheNightKnight said:
Cheebee said:
LordTheNightKnight said:
Cheebee said:
@ Lord,

"Lowered profits" of the other companies? That's an understatement, PS3 isn't profitable at all, they're drowning in red ink. Dunno about the 360, but I seriously doubt it's profitable. Could be though. Still, nowhere near Wii, which is lightyears ahead.

Everyone and their grandmother love to bash Nintendo, but the fact remains that they're one of the very most succesful and profitable companies in the entire world, which cannot be said of their competitors.

I wrote "even in whole", as in not just the gaming divisions.

You did. So then, as in, their gaming divisions are not making ahy profit, but in fact posting losses? Sorry, didn't quite understand that form your post, but that's okay, as long as we agree on Nintendo's astounding profitability.

What I meant was that the entire Sony corporation and Microsoft corporation weren't doing so well either.

Sony maybe, Microsoft though ?

Microsoft lowest profit in any quarter since the start of 2000 has been around 1.5 billion$ ( and that was ike 9 years ago).

Nintendo's best yearly profit was 4.77 billion$ ( what Microsoft typically earns these days in 5 months, ).

Nintendo's target profit for 2009-2010 is 2.5 billion$. Microsoft made 3.57 billion$ of profit for the first quarter of 2009-2010...

 

Right now Nintendomarket capitalization is little less than 40 billion$. Microsoft is 266 billion$....

 

Stop comparing what isn't comparable....

 

 

 

You are right. Nintendo does not force people to buy its products like Microsoft essentially does. Being the de facto standard for OS and productivity software in the world ensures that you make a profit -- even though that profit was down by one-third in the April quarter of 2009.

As for Sony, at one point this generation, Nintendo's cash reserves were greater than Sony's market cap.  In other words, Nintendo could have bought IN CASH all Sony stock -- for the entire corporation. Of course, since Sony was closing plants and losing money, it would not have been a wise move.

Essentially though, the console market has a gaming company (Nintendo) and an electronics company (Sony) and a computer software company (Microsoft).  Only one has to live and die with gaming -- and it continues to make profits.

Mike from Morgantown

 

And Microsoft made an offer for Yahoo not too long ago that is greater than Nintendo market cap too...

There's no benefit for MSFT but provided there is enough float available , buying Nintendo wouldn't be hard for them either...

Okay, but the point was that since Microsoft has been losing some profits and jobs, and Sony actually had loses, then to act as though Nintendo is in trouble for lower profits is selective yellow journalism.



A flashy-first game is awesome when it comes out. A great-first game is awesome forever.

Plus, just for the hell of it: Kelly Brook at the 2008 BAFTAs

dark_gh0st_b0y on 04 December 2009

yeah, Wii fails every year : P



don't mind my username, that was more than 10 years ago, I'm a different person now, amazing how people change ^_^