Gaming Forums => Nintendo Gaming => Topic started by: bonestormer on April 07, 2003, 08:31:40 AM
Title: Nintendo lowers profit expectations... again
Post by: bonestormer on April 07, 2003, 08:31:40 AM
Even with the recent boost Nintendo has been receiving with the release of Zelda TWW and the GBA SP, Nintendo has once again lowered profit expectations for this year.
They cut it a whooping 18%, to 66 billion yen (about 550 million USD) down from the 80 billion yen they stated in November, 2002.
If Nintendo only sees a 66 billion yen profit, that will only be a little more then half of what they recorded last fiscal year (106 billion yen). They REALLY need to do something to fix this trend... fast.
(All you 'diehards' don't bother trying to jump on me. I'm just the messanger. Plus I'm not forcasting any kind of doom for Nintendo. Just expressing concern.)
Title: Nintendo lowers profit expectations... again
Post by: jarob on April 07, 2003, 09:29:48 AM
Also on CNet now.
http://news.com.com/2100-1043-995783.html?tag=lh
All you people saying so what if this or that game gets cancelled, had best wish it does not continue. Now N's profits are going down.
All I hear is that Nintendo makes money. True, but if there are not enough machines out there, those profits will go down. N does NEED 3rd part support people! Eventually if things do not turn around soon...
Title: Nintendo lowers profit expectations... again
Post by: misterd on April 07, 2003, 10:02:31 AM
Do you really think this is just because of third party support?
The GCN had a great deal of support for most of the last year, and many expected the RE exclusives to be sure fire sellers. Nintendo is now losing its support (like Sega sports) because of the poor sales. For whatever reason Nintendo has been unable to capitalize on the release of a number of smash games the past year - RE1, RE0, Metroid Prime, Mario Sunshine, Animal Crossing and Eternal Darkness alone offer more than enough quality titles, and there was plenty of filler for those "between" months. What is hurting Nintendo, at least in the states, is its image, and I don't know anything they can do to overcome that.
Title: Nintendo lowers profit expectations... again
Post by: Squall on April 07, 2003, 10:29:14 AM
Could this be because of more marketing or trying to atrract 3rd parties?
Title: Nintendo lowers profit expectations... again
Post by: Cap on April 07, 2003, 10:29:46 AM
it all comes down to advertising if you ask me, and nintendo's lack of it. on top of that, the ads they do have just arent very good. but their advertising has been a problem since day one with the gamecube, and nothings changed, so i dont expect it to any time soon.
Title: Nintendo lowers profit expectations... again
Post by: mouse_clicker on April 07, 2003, 11:31:34 AM
"putting console sales for the full year at 5.6 million units, far below its target of 10 million units."
Not sayig this is wrong or anything, but I really don't remember Nintendo forcasting 10 millions units, and if they did I doubt anyone there really expected to reach it. Just an odd note.
But I completely agree that Nintendo needs a TON more marketing. They may make more profit than Sony or MS, but if that profit doesn't have much potential, they could easily be overtaken. Basically, if the product isn't KNOWN, it won't SELL. Sure, sure, you can say MS is evil and they're underhanded with their marketing, but you have to admit that it WORKS. MS's first console has sold very well considering it's their first endeavor, even better than the Gamecube in some cases. I really think Peter Main leaving was a bad decision (and probably Arakawa, too).
Title: Nintendo lowers profit expectations... again
Post by: rpglover on April 07, 2003, 11:47:41 AM
yeah nintendo should be marketing more- i mean they do have some great games on the gc that could use some help with marketing not only that but nintendo has their huge lineup out now with mario, link, and samus- all on the gamecube if people would see some of nintendos marketing it may help them sell more- but i am not sure people still go on how the gamecube is kiddy and nintendo sucks and on and on and on it gets real annoying but to be honest- nintendo is making the most money out of all 3 major consoles- and i think that is what counts to nintendo they may be in last place in the number of consoles sold, but they do make the most money off of each one sold nintendo just saw a huge jump in gc selling mostly due to zelda and a free game with the console i have seen nintendo a little more aggressive though with their marketing now- i see nintendo commercials every day on espn hopefully nintendo keeps dishing out the good games so i can be one happy gamer
Title: Nintendo lowers profit expectations... again
Post by: Tycoon__ on April 07, 2003, 11:53:19 AM
gba oversold... they truly have a fix on the handheld market..
GC in Japan does have more support then GC in USA FYI............
Title: Nintendo lowers profit expectations... again
Post by: Tycoon__ on April 07, 2003, 11:56:33 AM
Quote Originally posted by: rpglover yeah nintendo should be marketing more- i mean they do have some great games on the gc that could use some help with marketing not only that but nintendo has their huge lineup out now with mario, link, and samus- all on the gamecube if people would see some of nintendos marketing it may help them sell more- but i am not sure people still go on how the gamecube is kiddy and nintendo sucks and on and on and on it gets real annoying but to be honest- nintendo is making the most money out of all 3 major consoles- and i think that is what counts to nintendo they may be in last place in the number of consoles sold, but they do make the most money off of each one sold nintendo just saw a huge jump in gc selling mostly due to zelda and a free game with the console i have seen nintendo a little more aggressive though with their marketing now- i see nintendo commercials every day on espn hopefully nintendo keeps dishing out the good games so i can be one happy gamer
huh.. so all those zeldas went to non regular gcers? not ot mention how some others bought it ahead of time.......................
Title: Nintendo lowers profit expectations... again
Post by: Scyth3r on April 07, 2003, 12:55:31 PM
Eh, could mean lots of things. With decreased profits it may be making more of a marketing push or expanding user base and so and so. Look at Microsoft, profits are little but it has a good amount of market share and user base and such.
Title: Nintendo lowers profit expectations... again
Post by: VideoGamerX on April 07, 2003, 12:58:11 PM
The cause for lowered profit expectations seems pretty simple to me. The introduction of the Xbox has simply cut into Nintendo's sales more than they expected. If not for the Xbox, isn't it safe to assume Nintendo would sell at least a few more Gamecubes? Also, in consideration, just the purchase of a third console and games for that third console makes a difference in the amount of games purchased.
For Nintendo to make only half of the profit they've made previously doesn't mean they're failing. It means they're having to spend more and compete more with a third competitor in the market. It's nearly impossible to meet the expectations they had with Microsoft throwing its weight around.
I attribute these lowered expectations to Microsoft doing better than anticipated over the long stretch. North America is going to be a dog fight. Here's to hoping Nintendo can continue to outsell for the next several months and into the holiday season!
Title: Nintendo lowers profit expectations... again
Post by: Mingesium on April 07, 2003, 01:21:37 PM
Nintendo forcast 10 million units by the end of the fiscal year (March 31).
Fiscal year 2002 - 5.6 million Fiscal year 2001 - 3.8 million Total - 9.4 million
Iwata said in Jan that they were going to miss their forcast by 10% so 9.4 million is about right.
The price cut and lackluster sales of GameCube systems lowered Nintendo's profit. I think that Nintendo didn't expect to cut the price of the GameCube so soon.
Title: Nintendo lowers profit expectations... again
Post by: Perfect Cell on April 07, 2003, 04:11:49 PM
Quote Nintendo blamed the sluggish performance of GameCube and its software to rising popularity of such PlayStation 2 titles as Grand Theft Auto
Thats from IGN Cube..... Seems like Nintendo finally "Got it" If this is the reason for their lack luster sales then i see more of the GTA type games appearing on the cube, and less of the pikmins and Mario sunshines. Nintendo is changing.... The Nintendo of the future isnt your NES nintendo folks.... Its almost quasi historic.
Title: Nintendo lowers profit expectations... again
Post by: unicron5 on April 07, 2003, 05:00:42 PM
Ming --
Your numbers are false. Nintendo projected to sell 10 million for fiscal 2002-03 *alone* (not total userbase). At one point last year, Nintendo actually raised this to 12 million before dropping it again to 10 million. In January Mr. Iwata warned that sales would be off by 10% or so, I think this was more of a pre-emptive PR move to warn stockholders that sales would be lower than expected without really letting on how bad things were.
The GameCube really experienced little growth in North America and actually managed to sell less in Japan in fiscal 02-03, despite having a full 12 months on store shelves and games like two new Bio Hazards, Mario Sunshine, Zelda: TWW, Mario Party IV, etc.
Title: Nintendo lowers profit expectations... again
Post by: Duriez on April 07, 2003, 06:12:54 PM
Quote Originally posted by: bonestormer Even with the recent boost Nintendo has been receiving with the release of Zelda TWW and the GBA SP, Nintendo has once again lowered profit expectations for this year.
They cut it a whooping 18%, to 66 billion yen (about 550 million USD) down from the 80 billion yen they stated in November, 2002.
If Nintendo only sees a 66 billion yen profit, that will only be a little more then half of what they recorded last fiscal year (106 billion yen). They REALLY need to do something to fix this trend... fast.
(All you 'diehards' don't bother trying to jump on me. I'm just the messanger. Plus I'm not forcasting any kind of doom for Nintendo. Just expressing concern.)
No biggie, at least they are making healthy profits, unlike Microsoft. Everyone in the industry has been lowering profit expectations. It's a common trend. Why focus on just Nintendo's lowered profit expectations?
Title: Nintendo lowers profit expectations... again
Post by: misterd on April 07, 2003, 07:42:31 PM
Quote Originally posted by: unicron5 Ming --
Your numbers are false. Nintendo projected to sell 10 million for fiscal 2002-03 *alone* (not total userbase). At one point last year, Nintendo actually raised this to 12 million before dropping it again to 10 million. In January Mr. Iwata warned that sales would be off by 10% or so, I think this was more of a pre-emptive PR move to warn stockholders that sales would be lower than expected without really letting on how bad things were.
The GameCube really experienced little growth in North America and actually managed to sell less in Japan in fiscal 02-03, despite having a full 12 months on store shelves and games like two new Bio Hazards, Mario Sunshine, Zelda: TWW, Mario Party IV, etc.
Right. I remember after their Euro launch last year Nintendo had projected 16 million cubes total by the end of the fiscal year. Had they hit their 10 million, it would have been pretty close.
Title: Nintendo lowers profit expectations... again
Post by: bonestormer on April 07, 2003, 07:47:42 PM
Why focus on Nintendo? I dunno, maybe because this is Planet GAMECUBE, a Nintendo focused site?
And I don't see nearly a 40% drop in profits in one year as 'healthy'. Sure there could be a number of factors affecting this, but overall I think it has to concern Nintendo. The fact alone they lowered low expectations from just 6 months ago can't be a good sign. Especially with this coming right after (and really during) a nice boost from sales of GBA SP and Zelda TWW.
Xbox is a bad comparison. MS is spending everything just to get a foothold in the market since they are a new comer (to consoles). Nintendo has been around a long time now. They can focus more on being profitable.
Title: Nintendo lowers profit expectations... again
Post by: Marufy007 on April 07, 2003, 08:02:33 PM
I'm actually glad these "negative" things keep happening to Nintendo because maybe it will wake them up and they will change a few things about their company. im a big Nintendo fan and would probably support them to the end, but they do need to change how they do things. they are lucky in a way. most companies have trouble making good games, but have good marketing and what not. Nintendo seems to have it reversed. if they can find some way to change their image for the better, then im more then positive they wont pull a "Sega" not that i think they would in their cirrent situation anyway.
the interesting thing though is, once a company lost its image it usually never rebounded. once Sega's dropped, it was downhill for them. same with Atari. we have yet to see a console maker rebound after losing marketshare. maybe Nintendo will be the first. HA, maybe? they BETTER!
Title: Nintendo lowers profit expectations... again
Post by: greenwood on April 07, 2003, 08:25:28 PM
There seems to be too many people here that just don't get it or don't understand. Nintendo didn't make as much money because they've been spending more. Deal with Capcom, deal with Konami, deal with EA. Those cost money. They've also published a lot of games. Also, you can't compare this year to last year. The previous fiscal year (March 2001-March 2002) they launch the GCN in 3 separate territories. Sales are always much larger at launch. Plus, The GCN's not selling as well as you'd expect considering the quailty of titles available. One last thing, you say you can't compare MS to Nintendo in terms of profit. Why not? MS is not some new business that just fell off the truck 2 days before the Xbox launch. They went out and hired the best people they could get to help run their video game division. This is not an excuse for Nintendo, rather this is praise for MS. So what if they're a newcomer? Yes, the Nintendo name has helped sell some GCN's but at the same time it's also stopped some people from buying it. There are people out there that refuse to buy a GCN because "it's a kiddy console" and all that crap. Also, the N64 left a bad taste in some people's mouths and that has also made some wary of buying a GCN. MS as a newcomer doesn't have to deal with any of that. I really dislike when people use that to hate on GCN sales. It's a double-edged sword. One (truly) final thing, why do people justify MS losing tons of money on Xbox as being okay because "they're just getting their foot in the door for the next gen" yet turn right around and go on about how Nintendo makes most of their profit from the GBA and try to use that as being a bad thing or a reason why Nintendo should stop making home consoles?
Title: Nintendo lowers profit expectations... again
Post by: Mingesium on April 07, 2003, 09:26:47 PM
did you even read the article?
Quote Citing poor demand for its mainstay GameCube console at home and abroad, the company trimmed its group sales estimates to 500 billion yen from 600 billion yen. "Demand for the GameCube console was significantly lower than our expectation," a company spokesman said, putting console sales for the full year at 5.6 million units, far below its target of 10 million units.
The reason why they didn't make as much money is because of lackluster GameCube sales.
Title: Nintendo lowers profit expectations... again
Post by: Hybrid Hunter on April 07, 2003, 11:19:49 PM
Well, with Nintendo firmly behind the plan to have GBA help GCN sales, i hope it works in the end. Especially with a Pokemon GCN game coming out.
Title: Nintendo lowers profit expectations... again
Post by: Nintendo on April 08, 2003, 12:51:38 AM
Something does NOT add up here! One source says something different from the other, look at this:
Title: Nintendo lowers profit expectations... again
Post by: Perfect Cell on April 08, 2003, 05:38:47 AM
Well, Iwata and Company arent stupid, hopefully they will rectify this.. The comment about games like GTA has given me hope that Nintendo will also change with the times. Nintendo isnt leaving the console buisness just yet, but they do have to get their act together and make a STRONG push...
Title: Nintendo lowers profit expectations... again
Post by: jarob on April 08, 2003, 05:52:21 AM
It is kinda sad. That games like GTA3 sell so well while great games like Metroid and Mario Sunshine are not in the same leage sales wise. It seems to be a top seller you have to have violence and sex anymore. Does not matter about the quality of the game. I hope Nintendo sticks with their current ways, but have 3rd parties make the guys the 'market' demands. Nintendo does have to do something different quick though. This industry is about violence now (b**bs are coming on stronger now), not great gameplay. Kinda sad, especially how violent the real world has become. I enjoy a 'break' from it all. What I mean by violence, the ultra bloody type, not Zelda or Pikmin.
Title: Nintendo lowers profit expectations... again
Post by: NWR_Lindy on April 08, 2003, 06:02:24 AM
It's all about games.
Hate to say it, but Nintendo needs to release something that can one-up Halo. That could have been Metroid Prime, had they actually had a brain in their head and worked in some killer multi-player deathmatch. Don't get me wrong, Metroid Prime was amazing, but once I beat it I put it on the shelf. Mind you I don't own Halo, but I guarantee if I did I'd still be deathmatching my buddies on a regular basis. Heck, I still play TimeSplitters 2. And don't even get me started on how Nintendo dropped the ball as far as online goes.
Nintendo is no longer cutting edge. They're known as the company that makes cartoony, Disney-type stuff and shoves Mario and Zelda down your throat. Rehashed game after rehashed game. I'm the biggest Nintendo mark out there and even I'm getting tired of Mario and Zelda. Mario Sunshine is Mario 64 with better graphics just like Wind Waker is Ocarina of Time with better graphics. Gameplay is exactly the same and doesn't offer anything different. Both of those franchises are getting stale, and frankly I wish they would just retire them. That's heresy but it's my honest opinion. Why do you think everybody loved the new look of Link at Spaceworld 2000? Because that was something hip, that was something new. Then we get Wind Waker, a game that's exceptionaly but basically aimed at kids. I'm far from a kid anymore and that's why I enjoyed Eternal Darkness a million times more than Wind Waker...ED's story wasn't dumbed down so that "everyone" could enjoy it (read: so that 10-year-old kids wouldn't get confused). Yeah, Wind Waker uses the cool cel shading, it sold a million copies, but come on people - it's all been done before.
Gee, Nintendo is losing money because of PS2 titles like GTA. DUH. Never would have imagined that. Your company losing money because your competitor outsells you 10:1 and has cooler products and a cooler image? Astonishing. Still, Nintendo seems content to sit back and say, "We're losing money because the buying public is stupid, and they don't appreciate our works of art". Whatever Nintendo. Can't wait to play Mario Golf, Mario Tennis, Mario Pachinko, Mario Poker, Mario Swimming, Mario Freestyle Skiing, Mario BMX, Mario Othello, Super Mario Moonshine, Mario Kart 8, Zelda: The Sleep Inducer, and maybe you could throw in yet another Kirby sequel, 1080 sequel, F-Zero sequel and Donkey Kong Country sequel. Oh, you're already working on those? Great. Excuse me while I move to PS2 and X-Box, where they actually make new games because they don't have 50,000 franchises to fall back on.
silks (drinking gallons of Haterade)
Title: Nintendo lowers profit expectations... again
Post by: godwheel on April 08, 2003, 07:33:16 AM
I'm looking forward to Mario Tennis and Golf
Title: Nintendo lowers profit expectations... again
Post by: couchmonkey on April 08, 2003, 07:38:40 AM
Silks: funny you should insult Nintendo for all the "rehashes" when the game that's selling the Playstation, Grand Theft Auto, is the fourth in the series and the second in two years! Metroid Prime was the first game in it's series in almost ten years, Super Mario Sunshine was the first game in it's series in six years, and Nintendo has also taken the initiative to release new games like Eternal Darkness, Pikmin and Animal Crossing while Sony relies on GTA and Microsoft relies on Halo 2.
I don't believe a lack of originality or new games is Nintendo's problem, the fact is most people want more of the same old crap. I just listed three of Nintendo's new franchises for the past year, but they were all easily outsold by recognized franchises like Mario and Zelda.
I tend to agree that Nintendo's main weakness is marketing. Microsoft is marketing the hell out of Xbox, and sales show that it is paying off. Nintendo may be profitable, but to ensure the long-term profitablitity of the company, it needs to take some risks. I should be seeing ads for GameCube games new and old 24 hours a day everywhere I go. The company should be working with third parties to ensure that every major new release is announced loud and clear. Games like Beach Spikers and Resident Evil could have been capitalized on far better by Nintendo.
But in the end, none of us know how to "fix" Nintendo any better than anyone else. Honestly, if we could have seen where the GameCube is today two years ago, we all would have wet our pants and said, "Wow, GameCube is going to kick ass! Metroid, Zelda, Mario, Final Fantasy, Resident Evil!" I think Nintendo has answered virtually every problem the N64 faced (yes, including the "mature games" problem) so how come the GameCube isn't outselling the other consoles? We can all theorize, but I don't believe we know the answer.
Title: Nintendo lowers profit expectations... again
Post by: thecubedcanuck on April 08, 2003, 10:21:57 AM
I know one thing is for sure. If nintendo doesnt start making more FPS or games in the style of GTA for example them this will be my last Nintendo console. Games like Zelda could have been so so great. The graphics were great, the game play great, the depth of the dungeons unmatched, however the game was clearly targeted at little kids. Everystep you made there was something telling you exactly what to do next. I know my brother in law has already said he will not but another Nintendo system. I cant imagine we are the only 2 people who feel this way, this is a serious issue for the Big N because falling sales on a yearly basis are never a good thing.
Title: Nintendo lowers profit expectations... again
Post by: mac<censored> on April 08, 2003, 03:37:55 PM
Quote Originally posted by: thecubedcanuck I know one thing is for sure. If nintendo doesnt start making more FPS or games in the style of GTA for example them this will be my last Nintendo console. Games like Zelda could have been so so great. The graphics were great, the game play great, the depth of the dungeons unmatched, however the game was clearly targeted at little kids. Everystep you made there was something telling you exactly what to do next. I know my brother in law has already said he will not but another Nintendo system. I cant imagine we are the only 2 people who feel this way.
Probably you're not the only ones who feel this way, but that doesn't make you the majority either. There are lots of styles of gameplay, and each ones has it's fans; if you're a FPS fan, well, great, maybe you should go for the Xbox or something. Indeed, look at the wild success of console RPGs in Japan, many of which are are far worse than zelda in terms of `hand holding.'
Personally I love Zelda, it just has this great `feel' that most other games come nowhere near capturing, and manages to seem far freer than a typical console RPG (despite the same general system of linear or semi-linear goals). So, Nintendo: more Zelda please!
[as for `clearly targeted at little kids', that's just silly; I suspect this comment says more about you than about the actual game]
Title: Nintendo lowers profit expectations... again
Post by: Cap on April 08, 2003, 04:02:56 PM
"If nintendo doesnt start making more FPS or games in the style of GTA"
what does that mean? i know zelda's a great game, and i know grand theft auto is a great game. i'm going to assume you simply mean more "m" rated games, seeing as how zelda was cleary targeted at children. i also know that there are many first person shooters for gamecube(nightfire, timesplitters, metroid, die hard, red faction, hitman2(still coming i hope) & medal of honor off the top of my head). do you actually want grand theft auto and halo on gamecube? sorry, its not going to happen. if your unhappy with your gamecube, get rid of it.
Title: Nintendo lowers profit expectations... again
Post by: JoeFalco on April 08, 2003, 04:32:30 PM
I'm not a big fan of the FPS. Metroid Prime was the first good experience I had with FPS games besides the classic Wolfenstein and Shadows of the Empire for the N64.
Title: Nintendo lowers profit expectations... again
Post by: thecubedcanuck on April 08, 2003, 04:49:48 PM
cap
I already have an X-box and a PS2, I had bought the Gamecube to play the Nintendo Classics like Mario and Zelda. However I found the new versions of these classics very boring, especially WW and Metroid, sunshine was just plain bad IMO. So unless Nintendo makes a few original shooters, or vastly improves on its classics, I wont be back next gen. As for GTA I would love to see it run on the cube.
Title: Nintendo lowers profit expectations... again
Post by: WesDawg on April 08, 2003, 06:12:04 PM
Quote seeing as how zelda was cleary targeted at children
Jeesh, when will people stop saying stuff like this. WW isn't targeted at children. It's not targeted at any age group as far as I care. It's just Zelda, and the its the best Zelda ever I think. Anyways, Nintendo refuses to make games that glorify the things GTA or even Conker's did. That doesn't make the games for kids, it just makes 'em moral.
Title: Nintendo lowers profit expectations... again
Post by: jarob on April 08, 2003, 06:25:53 PM
I agree with WesDog. Just because there is not a ton of blood and guts does not mean it is for kids only. I am 32 and I love this game.
Title: Nintendo lowers profit expectations... again
Post by: Cap on April 08, 2003, 07:03:52 PM
wesdog, i noticed you took the quote from my reply, when i was simply making a statement about cubedcanucks reply. i wasnt actually saying it was for children. cubedcanuck is entitled to his opinion, but i think most people including myself agree its a great game.
cubedcanuck, i honestly dont know what to say. if you cant enjoy at least one of metroid, zelda, or mario, you should just sell your gamecube. obviously nintendo makes a different style of games then you are looking for.
Title: Nintendo lowers profit expectations... again
Post by: bonestormer on April 08, 2003, 07:56:39 PM
Metroid Prime (which is NOT a FPS!) was my favorite console game of last year. And if Zelda TWW isn't my favorite this year, we are in for a damn fine year of gaming But that's hardly the point.
The way I look at it is if I were on the market to buy a system (be it PS2, XBox, or GC), would I actually get a GC over the other two? Keeping in mind that most diehard Nintendo fans that are big fans of the Zeldas, Marios, ect already probably have a GC, then my answer is 'no'. That can't be a good thing.
GC/Nintendo's image needs a huge boost. It needs a MUCH better selection/variety in games. Sure it has a few violent bloody games, a few RPGs, a few fighters, ect. But it could use much more. 3rd parties listen up! Most still GC as either kiddy or a machine just to play the next Mario. It doesn't matter if it's true or not, it IS its percieved image.
And no matter what Sprite says, image IS everything (in terms of marketing).
Title: Nintendo lowers profit expectations... again
Post by: greenwood on April 08, 2003, 08:07:48 PM
Mingesium- "did you even read the article? The reason why they didn't make as much money is because of lackluster GameCube sales."
Are you talking to me? Because I clearly stated that unmet sales expectations of the GCN were one of the reasons why Nintendo didn't make as much money. That's right, it's only one. Nintendo's not going to say, "We're paying Capcom x dollars for some exclusive RE games." or "We're paying Konami x dollars for Metal Gear Solid-whatever it turns out to be" or "We're eating x dollars on the Oot/MQ disc". They're also reached an agreement with Namco to publish 6 Japanese games and Bandai to publish however many games they're making, plus they made a deal with (I think it's) Natsume to publish the Harvest Moon GCN/GBA games. Plus, they made a deal with Ubi Soft to bring Rayman 3 out earlier on the GCN and the EA deal. And we also know that Nintendo is trying to reach similar deals with other 3rd parties. But we won't mention any of that because I'm sure it didn't cost Nintendo a dime.
Title: Nintendo lowers profit expectations... again
Post by: Mario on April 09, 2003, 01:44:10 AM
Quote Can't wait to play Mario Golf, Mario Tennis, Mario Pachinko, Mario Poker, Mario Swimming, Mario Freestyle Skiing, Mario BMX, Mario Othello, Super Mario Moonshine, Mario Kart 8, Zelda: The Sleep Inducer, and maybe you could throw in yet another Kirby sequel, 1080 sequel, F-Zero sequel and Donkey Kong Country sequel.
You forgot Mario Ping Pong, Mario Handball, Mario Cricket, Mario Baseball, Mario Soccer, Mario Chess, Mario Volleyball, Mario Hockey, Mario Wall Ball, Mario Lawn Bowles, Mario Hangliding, Mario Swimming, Mario Shotput, Mario Pushups, Mario Rowing, Mario Sailing, Mario Archery, Mario Badminton, Mario Bobsledding, Mario Rugby, Mario Wrestling, Mario Skateboarding, Mario Snowboarding, Mario Cheerleading, Mario Bullfighting, Mario Polo, Mario Cockfighting, Mario Skiing, Mario Tug-of-war, Mario Table Tennis, Mario Camel Racing, Mario Equestrian, Mario Diving, Mario Fencing, Mario Fishing, Mario Canoeing, Mario Softball, Mario Martial Arts, Mario Running, Mario Squash, Mario Windsurfing, Mario Gymnastics, Mario Track & Field, Mario Surfing, Mario BMX, Mario Walking, Mario Dodgeball, Mario Boxing, Mario Weighlifting, Mario Dog Racing, Mario Cycling, Mario Arm Wrestling, Mario Basketball, Mario Envelope Folding, Mario Thumb Wars, Mario Netball, Mario Triathlon, Mario Judo, Mario Target Practice, Mario Carwashing, Mario Billiards, Mario Pong, Mario Hot Potato, Mario Gold Digging, Mario Heads Down Thumbs Up, Mario Figure Skating, Mario Gladiators, Mario Syncronised Swimming, Mario Lacross, Mario F1, Mario Scootering, Mario Backgammon, Mario Dominoes, Mario Skydiving, Mario of Honor, Mario Spear Fishing, Mario Tips, Mario Slippery Dip, Mario Bird Watching, Mario Mountain Biking, Mario Slalom, Mario Brandings, Mario Hunting, Mario Trampoline or Mario Flower Picking and Mario Bowling.
Mario will take over the world!
Title: Nintendo lowers profit expectations... again
Post by: Termin8Anakin on April 09, 2003, 01:54:45 AM
Whoa. Nintendo had better cash in on all of this!
Title: Nintendo lowers profit expectations... again
Post by: thecubedcanuck on April 09, 2003, 02:26:27 AM
Quote It is kinda sad. That games like GTA3 sell so well while great games like Metroid and Mario Sunshine
Mario Sunshine is far from a great game. IMO it is the worst 1st party game Nintendo has released this generation, possibly of all time.
As for what I said about Zelda being geered for children.
I mean that everytime you walk into a room they point out exactly what you need to do. Either someone is in the room to tell you or your stupid rocks starts flashing. This IMO took away all the excitment of trying to figure out what to do next. If this isnt done for children then who is done for? Does Nintendo think we are all that stupid?
Title: Nintendo lowers profit expectations... again
Post by: StRaNgE on April 09, 2003, 07:42:25 AM
take a minute and check out this topic about gamecube sales and you can see other peoples uninformed biased opinions. It is rather interesting how off some people get.
also in the 1st post there is a link to an NBC site which does nothing but make the cube again look like it's going down. Why don;t news people just stick to reporting things they know about?
Title: Nintendo lowers profit expectations... again
Post by: Luciferschild on April 09, 2003, 09:13:26 AM
Silks man I agree whole heartedly with you. I hedged on whether to even buy a gamecube or ps2 and I've been mostly dissapointed with gc. I thought I'd get a killer perfect dark sequel and a sweet zelda game but instead no pd and a kiddie zelda that I'm not even that inerested in playing because I can't stand the way it looks and hear it's extremely easy which really annoys me. Who was nintendo marketing to with a purple gamecube. Little girls? Last time I checked video games are a male driven industry. And most little kids don't like "kiddie" games, they like games that are violent and mature like gta. There is no kid gamer market besides a few kids who's parents won't let them play violent games. Hell, if I was a kid I'd be turned off by nintendo. American culture is driven by sex and violence, apparently nintendo doesn't understand this or they are really just a bunch of wussies. X-box got it right with their marketing. Nintendo has done nothing to dispell the kiddie image so they kinda deserve to lose. I like games like mario and zelda, but I also like more mature violent cool type games too. The kind nintendo refuses to make. I love ssbm but I'd like it that much more if there was blood and fatalities. Right now I'm playing skies of arcadia, and you can tell nintendo didn't make this because there are some scantily clad ladies, that kind of thing doesn't hurt you know. My message to nintendo would be to grow up a little....or parish. There's my 2 cents.
Title: Nintendo lowers profit expectations... again
Post by: NWR_Lindy on April 09, 2003, 10:21:40 AM
Responses:
COUCHMONKEY - Vice City is a total rehash, I'll agree with you there (and that's why I don't own it). But I'd say that Grand Theft Auto III is the title that REALLY started selling PS2s, and like Metroid Prime, it was the first GTA to go 3-D. So even though it was the third in the series, it was essentially a brand new gaming experience.
As for Mario Sunshine, sure it was the first Mario game in six years, but its gameplay was virtually identical to Mario 64. Sure you had the FLUDD and all that, but at its core it was Mario 64 all over again.
Pikmin and Animal Crossing? Two more cutesy-looking games that were embraced by hardcore adults and 10-year-old kids, but shunned by teenage males.
Better marketing would help tremendously, but I think overall Nintendo needs to be more unpredictable. They always tend to tell the public what they want instead of listening to what they want and giving it to them. "You don't need DVD-ROM, all you need is our 1.5GB Mini-Discs".
MACSHIT - by "Clearly targeted at little kids" I mean "the story is dumbed down so that a child can understand it". For example, compare the story of Metal Gear Solid 2 to Wind Waker - I think the target audiences differ a little bit. Not that I want Zelda to turn into MGS, but for once could Link show maybe a little emotion? Maybe have somebody close to him die, causing him to want revenge? A little rounding out of his character? Something a little different from the "Ganon comes back (AGAIN) and kidnaps a female relation (AGAIN)" story they do EVERY time? Zelda is like a fairy tale - as a kid you like fairy tales, but when you're an adult you want something a little more meaty. Without a good story backing it all up the gameplay is just a meaningless exercise to me.
That's why I loved Eternal Darkness - I was playing the game to find out how the story ended. The story MATTERED. With Zelda, you know how the story ends: you go through your eight dungeons, beat the bosses (and all the bosses probably take three hits to kill), then you fight Ganon (and he probably changes form a few times), your rescue Zelda/sister and that's it. What's the point? Where's the surprise?
MARIO - hahaha, I can't wait for Mario Thumb Wars. Mario Spear Fishing should be pretty dope too LOL
I think my overall beef is that Nintendo needs to get off its high horse. They aren't making their games to be displayed in the Smithsonian as paradigms of video gaming, they're making their games to be played by teenage males. If teenage males like Grand Theft Auto III, Metal Gear Solid 2 and Halo, why not make some games like that? What's WRONG with that? Don't sit there and infer that the buying public is stupid and low-brow because they love those games and buy them like hotcakes.
I'm not asking for porn, I'm asking for games that have deeper plots and themes that appeal to adult audiences. We shouldn't be thankful and appreciative when Soul Calibur 2 is released for Gamecube - it shouldn't even be an issue. Game releases like that should be a given.
I'm not saying Super Mario Sunshine and Zelda: Wind Waker suck, because they don't, but games in that vein are practically ALL that Nintendo has been releasing for the last six years. Compare the variety of games on SNES to N64 and Gamecube...it's downright depressing.
silks
Title: Nintendo lowers profit expectations... again
Post by: PIAC on April 09, 2003, 10:32:33 AM
GTA3 has a deep plot?
anyways, im in the opposite opinion of silks, i want nintendo to stay their current tack, but perhaps second/third parties (which they are doing) to create "mature" titles. if nintendo change to make gta3 style clones it will be a black day indeed. unfortunatly i seem to be the minority =\ i dont like "mature" games with gore and sex etc, i would much rather play zelda, mario, yoshi styl e games etc.
also to luciferschild, erm, if you dont like the purple last time i checked there were 3 other colour posibilities, i personally got the purple one, its a console not a car, colour really isn't that imporant, its mearly asthetics that dont effect gameplay
Title: Nintendo lowers profit expectations... again
Post by: WesDawg on April 09, 2003, 01:07:39 PM
OK, Magic Box has Japan sales data for the last year up. Nintendo games are in 5 of the top 10 spots. How the crap is the company loosing money, or did they just set their sights to high? I'll never understand this industry.
Title: Nintendo lowers profit expectations... again
Post by: Mingesium on April 09, 2003, 01:22:18 PM
Nintendo isn't losing money. They made a profit, but not what they expected.
Title: Nintendo lowers profit expectations... again
Post by: kennyb27 on April 09, 2003, 02:03:42 PM
Quote Quote
-------------------------------------------------------------------------------- Nintendo blamed the sluggish performance of GameCube and its software to rising popularity of such PlayStation 2 titles as Grand Theft Auto --------------------------------------------------------------------------------
Thats from IGN Cube..... Seems like Nintendo finally "Got it" If this is the reason for their lack luster sales then i see more of the GTA type games appearing on the cube, and less of the pikmins and Mario sunshines. Nintendo is changing.... The Nintendo of the future isnt your NES nintendo folks.... Its almost quasi historic.
See, I have the opposite opinion. I think it's ridiculous for Nintendo to "blame" their sales on the rise of popularity of other games. I don't exactly have a quick-fix solution for Nintendo for this. But I believe it is immature to throw the blame at something else. In my opinion, it's time for Nintendo to pick up the slack.
Title: Nintendo lowers profit expectations... again
Post by: Michael8983 on April 09, 2003, 02:46:09 PM
I think everyone's just overcomplicating this. It seems to me that the economy should get almost all the blame. Nintendo expected people to run out and buy its consoles in droves each time a "big" game came out and they did just that years ago in the Clinton years when the economy was great but things have changed a lot since then. The economy is bad in the US and really bad in Japan. People just want to buy "safe" systems like the PS2 and GBA. The PS2 because it has such a huge selection of games and is "trusted" and the GBA because it's so cheap. I actually think one of the GCN's biggest problems is that parents are buying GBAs for their kids instead of consoles for that exact reason. Who knows. Maybe the economy will get better in coming years and Nintendo's consoles sales will go WAY up. Or maybe Bush will blow up the world and console sales won't matter anymore anyway. For now, Nintendo will just have to settle for making a massive ton of money as opposed to making a massive, MASSIVE ton of money while just about everyone else in the gaming industry is losing millions and facing possible death. How I pity Nintendo!
Title: Nintendo lowers profit expectations... again
Post by: Armed on April 09, 2003, 04:31:22 PM
Nah i dont think you can blame the economy for this because if it is the economy gba, ps2, xbox would experience the same loss, but instead gba had more profit than expected. What I think is that it is Nintendos' fault i'm kind of disgusted to say this, but our society is based on sex, and violence, I mean look all around us even soda companies like Pepsi are advertising like this with that enticing singer dancing around their whole commercial, really now what does she have to do with the soda. I'm not saying Nintendo should go this way but if they expect more profit they need to stop blaming someone else, and just fix it by listening to consumer demands; for ex. Zelda i'm not saying i'm not satisfied with it because i reserved it a month before it came out, but i did like that old e3 video with ganon and link fighting each other in a more realistic look better than the cel shaded version, and they knew most of the consumers wanted this too, but instead defied it and went their own way, that is probably why it has not reached 1 million in Japan yet. Also their advertising strategy is close to none, i have seen only one GC commercial during the month of march which was for zelda:ww, compared to xbox wich i saw multiple times in each week of that month advertising their new fighting game.
Doesn't it get annoying that they keep blaming other companies for their losses!
Title: Nintendo lowers profit expectations... again
Post by: Perfect Cell on April 09, 2003, 04:59:46 PM
kennyb27, Nintendo is basically saying todays gamer doesnt want what we are offering, they want violent games. Halos, and GTAS, and Nintendo isnt known for that. Nintendo isnt mainstream. Watch MTV Cribs, when some Rapper or Sports star shows his TV, you always see a PS2, not a GCN, and Nintendo needs to rectify this.. They need to make the Gamecube cool for the mainstream gamer, if they want to make gains in sales instead of strugling like they are doing.
Title: Nintendo lowers profit expectations... again
Post by: almondblight on April 10, 2003, 05:55:36 AM
Yeah...the Zelda series would be a lot better if link was a homocidal maniac and zelda was a prostitute he frequented...or if mario smoked a cigar and swore all the time for no reason-THAT would make an good game...
Seriously-no one here finds it amusing that the things that make up a "mature" game are things that most people would find immature? I'm glad that Nintendo doesn't have games where random sex and violence, or poor drama is thrown in just so some teens with low self esteem can feel like they aren't playing a kiddy game. I liked Conkers Bad Fur Day, that was a fun game, it was juvenile though. Rogue Leader didn't have sex and violence, but it was by no means a kiddie game. Good games stand on their own, I fully support nintendo for having integrity and not just make random "M" rated games to appease some 11 who can't get access to pronography.
Title: Nintendo lowers profit expectations... again
Post by: NWR_Lindy on April 10, 2003, 06:16:09 AM
EXACTLY. I totally agree Perfect Cell. The Gamecube has become the Dreamcast in terms of mainstream appeal. Much like the Dreamcast appealed mainly to Sega fans, the Gamecube is so quirky and has such a limited variety of games that it appeals mainly to Nintendo fans.
The GBA SP, on the other hand, is a huge mainstream success. The other day, a co-worker of mine that couldn't be a more casual gamer walks into my office, shows me his brand-new GBA SP and says, "Look what I got". It really amazed me. While the GBA SP has buzz all over (I've seen it written up in Maxim, Wired, MSN.com, CNN.com), the Gamecube is an afterthought.
Sadly, what really needs a makeover is the Gamecube. People can't take it seriously when it looks like a lunchbox, no matter what color it is. For its next console Nintendo needs to color it black, and design it so that it looks like a slick piece of stereo equipment. The public would eat that up.
As for GTA not having a deep plot...sure, it wasn't War and Peace, but it least it was a refreshing change of pace. It touched a genre that hadn't really been explored before and presented it in a unique way. You gotta admit that nobody had even come close to the "immersive real world" stuff on a console before GTA 3. Sure, it was done on PCs long ago, but it was always with D&D/fantasy content that just doesn't appeal to the mainstream.
silks
Title: Nintendo lowers profit expectations... again
Post by: PIAC on April 10, 2003, 10:16:49 AM
no, i dont want nintendo have just black, i would prefer a choice, makes more people happy that way, redesign the style of it, but have a number of choices
or perhaps... have a number of designs? say a mainstream style then a diehardNfan style, you see what im driving at (i dont think it should happen, but its an idea)
Title: Nintendo lowers profit expectations... again
Post by: thecubedcanuck on April 10, 2003, 10:57:56 AM
Why not appeal to both sides?
They have the hard part covered already, the loyalist who loves their 1st party games. The easy part would be having a mass amount of 3rd part games regardless of what the 1st party fans thought of them. Games with mass appeal.
Why is this so much trouble for them?
You cant build a product based on the minotities wants and expect majority sales, it just isnt realistic.
Title: Nintendo lowers profit expectations... again
Post by: NWR_Lindy on April 10, 2003, 11:29:01 AM
Yeah cubedcanuck, I don't get it either. Nintendo seems to make everything look so difficult these days. They try to be so different that they're slowly turning their consoles (consoles, not the GBA SP mind you) into niche products.
PIAC - Howsabout this...sell the next console in default black, but have a detachable outer casing that you could replace with new "shells" only sold on Nintendo.com. That'd be brilliant. You could have any color of the rainbow. Nintendo could release new shells to commemorate key game releases, like a solid gold shell with a TriForce symbol on it to commemorate the release of the next Zelda game. Just like the Metroid Prime emblems that were packaged with the Prime bundle in Europe, only taken to the next level.
Now THAT would be cool.
silks
Title: Nintendo lowers profit expectations... again
Post by: Luciferschild on April 10, 2003, 11:43:13 AM
I was thinking a crimson ish colored console would be cool. Shells is a good idea. I didn't mind that the gamecube was a little square but the handle thing made it kinda like a luchbox which goes back to the kiddie perception. Link being a homicidal maniac that hooks up with zelda? I'd take that over link being a bug eyed deformed cartoon creampuff.
Title: Nintendo lowers profit expectations... again
Post by: mouse_clicker on April 10, 2003, 01:11:15 PM
Whoa whoa whoa- still remember, guys, that the Gamecube IS a very popular console. It's not unpopular by any means. I can see how it mgiht be compared to the Dreamcast on some levels, but sales-wise it's doing pretty darn good. Just maybe not as good as it should be donig and nowhere enar as good as the PS2. Just remember that.
Title: Nintendo lowers profit expectations... again
Post by: Perfect Cell on April 10, 2003, 01:53:16 PM
My Preference would be silver actually... and no handle regardless of its use.
The Gamecube is popular but its not popular enough.... The Common gamer says its kiddy and discards it, and just doesnt give it a chance... If Nintendo doesnt gain an increase soon, then they will have problems eventually.... You do this by doing more "violent" games, and less enfasis on the General Audiences games, and changing your advertisements to emphasise more on the Mature titles and less on the general ones.
Title: Nintendo lowers profit expectations... again
Post by: kennyb27 on April 10, 2003, 02:01:03 PM
My point is that they need look at it with a "go-get-'em" mentality. They need to attack their problems. They can't stand around and say "oh this isn't our fault, we're going to blame it on them." Either make the next Mario game more "mass-appealing," if you like that idea; or start a few new "mature" (I absolutely hate using that word) franchises with 2nd parties (don't expect EAD to do any GTA's and what not).
Title: Nintendo lowers profit expectations... again
Post by: Perfect Cell on April 10, 2003, 03:28:41 PM
They could make companies like Silicon Knights and Retro bigger, and able to produce more than 1 game at a time.... and please market them much better!
Title: Nintendo lowers profit expectations... again
Post by: NWR_Lindy on April 11, 2003, 08:25:40 AM
Really, if Nintendo had all the EAD titles AND games like Metal Gear Solid, Halo, GTA and some killer RPGs, who could stop them? Really? A racing game to rival Gran Turismo would be nice too.
It would also be nice if Nintendo designed their controllers to be more amicable to fighting games...one of the strengths of the PS2 is their standardized controller design. Sure, Nintendo's controllers are always ergonomic marvels, but their wacky layouts are too geared towards 3-D platformers.
MOUSE_CLICKER - Sure, the GameCube has sold alright, but since the market is so large now the popularity criteria has changed a little bit. The GameCube is in third place behind PS2 and XBox, consoles from two companies that didn't have anything to do with video games prior to 1995. That's pretty sad. Nintendo has definitely fallen behind the times and it's really hitting them hard now. Saying you're going to sell 10 million GameCubes and then only selling 5.6 million is embarrassing.
silks
Title: Nintendo lowers profit expectations... again
Post by: NiteWalker on April 12, 2003, 08:37:28 AM
Does ANYONE judge games by their gameplay and not boob/blood/violence content anymore? I love mario sunshine for the gameplay. The graphics are nice as well, but not the reason I purchased a gamecube. I bought it for Nintendo's games. Every Nintendo game I bought so far gave me a very unique experience. Luigi's Mansion: Kiddie, yes, but nothing else like it on any system. Mario Sunshine: Kiddie, sort of but this game is the reason I bought a Gamecube. It is the first Mario game in 6 years and I am pleased with it. 8 of my 12 GC games are made by Nintendo. That's why I have a GC. 3 of the other 4 are exclusives. The last is Vexx. I bought it for GC because I like the Wavebird. Even with N posting lower profit expectations I doubt it will be the last N console. N learns from its mistakes which is why it is now disc based. Next gen maybe nintendo will look back and do more for marketing and audience targeting. Right now they can sit comfortable at a fluctuating 2nd or 3rd place waiting out the current system war planning their next attack(GC2?). Mind you they are STILL making money, just not as much as expected. Keyword there "Nintendo lowers PROFIT expectations again". Nothing to worry about. The day Nintendo pulls out of the games industry is the day it ceases to exist.
Title: Nintendo lowers profit expectations... again
Post by: NiteWalker on April 12, 2003, 08:45:29 AM
I don't know about anyone else, but with My GC on the shelf with all my other systems I CAN'T even SEE the handle.
Title: Nintendo lowers profit expectations... again
Post by: NiteWalker on April 12, 2003, 08:46:26 AM
*sigh* This is an appearance driven world...
Title: Nintendo lowers profit expectations... again
Post by: thecubedcanuck on April 12, 2003, 08:53:19 AM
Quote *sigh* This is an appearance driven world...
or maybe some people just dont like Nintendo games?
Has anyone ever thought of that?
Maybe they dont think Zelda is a fun game to play, or sunshine or prime. Maybe they really enjoy GTA vice city, or DOA vollyball, maybe they think these games are fun regardless of what you think?
Why is that fact that some people dont like what you like such a stumbling block around here?
Title: Nintendo lowers profit expectations... again
Post by: NWR_Lindy on April 12, 2003, 11:03:40 AM
I don't really know what people have against GTA 3...that's a REALLY fun game. Its gameplay is as good as anything Nintendo has ever released. Everyone tends to get hung up on its content, but if the gameplay sucked it wouldn't be the hit that it is. If GTA is selling just because of its content, why didn't games like Postal sell like crazy?
silks
Title: Nintendo lowers profit expectations... again
Post by: thecubedcanuck on April 12, 2003, 11:23:10 AM
silks
I agree 100%
GTA 3 is a great game.
Title: Nintendo lowers profit expectations... again
Post by: Mingesium on April 12, 2003, 11:42:58 AM
"Saying you're going to sell 10 million GameCubes and then only selling 5.6 million is embarrassing."
The funny part is Microsoft is also going to probable miss their forcast by a lot.
Title: Nintendo lowers profit expectations... again
Post by: mouse_clicker on April 12, 2003, 01:54:55 PM
Perfect Cell: It's popular enough to net more money for Nintendo than Sony or MS. Now I'm not saying that'll hold out, but a system that isn't "popular enough" does bring in droves of money for it's manufacturer. As for coolness factor, I didn't buy my Gamecube to be cool, I bought it to play great games.
Silks: I'm not saying the Gamecube shouldn't be MORE popular, just that a lot of people are really painting out the situation a lot more dire than it is. We shouldn't be discussing why Nintendo's doing bad, because they're most certainly not doing bad, not with the Gamecube- we should be discussing why they're not doing BETTER.
"Saying you're going to sell 10 million GameCubes and then only selling 5.6 million is embarrassing."
I'm fairly certain that Nintendo meant they sold 5.6 million Gamecubes *last year* and they forcasted *total* Gamecube sales to be 10 million by now. I think total sales are actually like 9 million so far (which is still pretty far from their prediction).
Title: Nintendo lowers profit expectations... again
Post by: AlphaDragoon2002 on April 12, 2003, 04:12:34 PM
Quote Originally posted by: thecubedcanuck
Quote *sigh* This is an appearance driven world...
or maybe some people just dont like Nintendo games?
Has anyone ever thought of that?
Maybe they dont think Zelda is a fun game to play, or sunshine or prime. Maybe they really enjoy GTA vice city, or DOA vollyball, maybe they think these games are fun regardless of what you think?
Why is that fact that some people dont like what you like such a stumbling block around here?
First off, nobody could actually like DOA Xtreme Beach Volleyball for the gameplay. If somebody said so I'd call them a liar.
Anyway, people may not like Nintendo's games. But more often than not, it's not because of the actual game rather the fact that it's Nintendo and it's not "cool" to play their games. And that, my friends, is sad. Besides, anybody who liked stuff like Halo and other FPS games should love Metroid Prime. BTW, I have a PS2 as well, so I'm not just trashing the games on it.
mouse_clicker: You're right, Nintendo's actualy sold somewhere in the 9 million range for GC.
Title: Nintendo lowers profit expectations... again
Post by: greenwood on April 12, 2003, 07:53:21 PM
Yeah, their fiscal numbers are 9.4 million.
Fiscal year ending March 2003- 5.6 million Fiscal year ending March 2002- 3.8 million
I don't think there's any doubt that Nintendo meant 10 million total. Look at all the money MS lost trying to sell Xbox's and, according to that report, they're on pace to sell 8 million (their fiscal year ends June 2003). 8 million is a great number but they lost a lot of money getting there.
Title: Nintendo lowers profit expectations... again
Post by: NWR_Lindy on April 13, 2003, 08:19:09 AM
So what if Microsoft lost a lot of money. They can afford it, and they're now beating Nintendo. And just like Nintendo, they're a healthy company - because they make some much money they have a larger margin of error.
For the fiscal year ending March 2003, Nintendo wanted to sell 10 million GCs. They only sold 5.6 million, missing their target by 44%. So they've sold 9.4 million total when they really wanted 13.8 million.
Overall, Nintendo definitely isn't in dire straits. GBA is making money hand over fist and they're still making profits. It's just really frustrating to watch them sit there and scratch their heads about why their consoles aren't selling when they're supposed to be the industry veterans that know how to make games better than anybody else.