Post by: thecubedcanuck on October 03, 2003, 12:09:58 PM
this changes a lot of things.
Post by: mouse_clicker on October 03, 2003, 12:31:13 PM
Post by: The Omen on October 03, 2003, 01:37:39 PM
Post by: mouse_clicker on October 03, 2003, 02:03:21 PM
It doesn't even look like much of a loss, though, especially for a company who's never lost any money.
Post by: PIAC on October 03, 2003, 03:58:49 PM
Post by: Urkel on October 03, 2003, 07:41:30 PM
And I think Nintendo HAS "gotten the message". The Gamecube price drop and the considerable increase in advertising should boost things. I've seen more GCN commercials lately than I have for PS2 and Xbox combined.
Post by: Yuji Miyamoto on October 03, 2003, 08:53:39 PM
I guess this poster also hasn't heard about recent sales increases. an article like this gets spread across the web, yet the fact that microsoft has lost almost 3 billion on the x-box goes unmetion.
how come canuck only posts doom threads? i've noticed a pattern here.
Post by: Kaj'oin on October 04, 2003, 04:26:45 AM
Post by: Mario on October 04, 2003, 06:03:55 AM
Post by: Stimutacs Addict on October 04, 2003, 07:37:46 AM
Quote
Originally posted by: Yuji Miyamoto
please, this changes nothing.
I guess this poster also hasn't heard about recent sales increases. an article like this gets spread across the web, yet the fact that microsoft has lost almost 3 billion on the x-box goes unmetion.
how come canuck only posts doom threads? i've noticed a pattern here.
he knows what he's talkin aboot (lame, i know, but i just had to spell it that way)
i guess its better to expect the worst so that you're surprised when things turn out better than you expect
Post by: mouse_clicker on October 04, 2003, 07:49:41 AM
Post by: kennyb27 on October 04, 2003, 10:00:24 AM
QuoteIt's a giant conspiracy to undermine the entire gaming industry and to overthrow everything we know about Nintendo.
how come canuck only posts doom threads? i've noticed a pattern here.
I mean, really, just let him post what he wants; it's news either way.
Post by: thecubedcanuck on October 06, 2003, 02:21:17 AM
Up untill now NIN has never posted a loss, regardless of why this happened this time it is still troubling, especially to NIN investors. Even the article said that lower than expected sales were partly to blame. The real problem as I see it is that these things usualy get worse before they get better. Yes sales have gone way up since the price cut, but at what cost to NIN? They are clearly getting less per unit, if they are even making a profit at all with the new price.
So to cut this short, if it is a one time deal, then fine no biggie. BUT, if they post 2 consecutive quarterly losses, or if year end numbers come in way lower than what they predict, then look out. Expect a mass exodus from share holders if this happens.
Post by: mouse_clicker on October 06, 2003, 03:29:30 AM
Post by: thecubedcanuck on October 06, 2003, 05:09:19 AM
the big differance is that MSFT has a pretty good business going outside of the x-box.
When I look at the video game sector from a business standpoint and NIN specifically, I see a company that has failed to move with the mass target audience of video games, this is the reason for NIN's dropping share price. A first time ever loss is bad news because it shows that past business decisions are starting to catch up with them. I also look at the hand held market (NIN's cash cow) which they have a strangle hold on for the time being, but with Sony, Nokia, and sooner or later MS getting in on it, I cant help but think NIN's market share in this area dry up as well. Simply because the once famous NIN name will no longer carry any punch with a generation that grew up with Sony and MS.
IMO a whole new way of thinking is needed. Is it time to roll some heads at NIN, you bet it is.
Post by: KDR_11k on October 06, 2003, 07:09:43 AM
Those losses were over a rather slow period. Full warehouses, etc. However, the price cut seems to work. Even if their per-device income lowers, they have many new customers for their game lineup. Also MKDD is coming, that'll give them another big push.
Post by: ghostVi on October 06, 2003, 08:37:05 AM
And I believe MS have already stated they are not going there at all (don't quote me on this though, can't find the source).
Post by: egman on October 06, 2003, 09:58:37 AM
As for Nintendo, the news I have seen seems to suggest that changes between the dollar and yen are more responsible for the drop than anything else. Of course Nintendo is going to be making less money now than they had before--people forget that alongside the poor economy we have experinced world wide Nintendo is no longer the market leader. To expect the same sales they had with Snes or Nes seems rather foolish. That doesn't mean that they don't have issues though.
I think thecubedcanuck is right about changes having to be made, but we have yet to see all of Nintendo's cards. Nintendo's certainly going into a different direction by working against industry trends and going with a "back to basics" approach with stuff like Wario Ware or Donkey Konga for instance. The hardcore gamers that frequent forums have overreacted lately about this direction since the shift has only begun recently--I don't think enough time has passed for any real judgement. With a lot of big games and some annoucements coming in the following year, I don't think we can really say anything conclusive until this gen is done, but I doubt the wiping Sony has put on Nintendo in the first place is going to help. Some people are just plained convinced that Nintendo being demoted from industry leader is automatically cause to suspect an announcment they will go third party.
Post by: Ian Sane on October 06, 2003, 10:53:04 AM
I hope this is a one time thing and Nintendo comes back next time. However Nintendo is at a point where they have to make some changes to accomodate the current market. The same old approach is not going to support them forever. No I don't mean they should make blood and guts games without any gameplay (which is a common counter-arguement used by some fanboys) but they can make some changes to their way of doing things and still hold true to their commitment to making quality software.
Ten years ago no one thought that Sega would be third party now. It may not happen to Nintendo next year but it COULD happen in the future and it's foolish to think they're bulletproof.
Post by: Ymeegod on October 07, 2003, 04:46:20 AM
And it's doubtful that's going change anytime soon. $100+ million is going be spent on fall-winter ads which is quite a bit, plus you're losing a few dollars for every GC sold, ect it's going hard press for nintendo to make any type of profit in the fall unless it's software sells extremely well.
Post by: Mario on October 07, 2003, 04:49:20 AM
Quote
plus you're losing a few dollars for every GC sold
I dont think so. Please elaborate...
And Mario Kart will guarantee profit for Nintendo.
Post by: PIAC on October 07, 2003, 10:21:16 AM
Post by: Oldskool on October 07, 2003, 10:47:56 AM
Post by: PIAC on October 07, 2003, 10:19:51 PM
Post by: BlkPaladin on October 08, 2003, 07:09:09 PM
And if they are they are only losing about $10.00 which they more than make up with one sale of a first party game.
Post by: Yuji Miyamoto on October 08, 2003, 09:40:31 PM
gamecube outsells ps2 and x-box. gba has been outselling both since day one. if you'll excuse me for saying this but...
..this changes a lot of things! (lmao)
oh Lord I loved that line.
down go the doom sayers. i wonder who will really survive the video game market crash?
why don't you tell us bond trader?
Post by: PIAC on October 08, 2003, 10:33:42 PM
Post by: akdaman1 on October 09, 2003, 08:20:04 PM
Mario KArt DD- best selling series from the snes to n64 and will continue to gcn.
MGS- no need for explanation
Viewtiful joe- this is a system seller for hardcore gamers without a gamecube. it wont set any records but.....
1080- 1080 on 64 sold 1 000 000 in japan alone.
pikmin 2 - great original masterpiece
pokemon ( all of them) - no explanation needed.
there are more but im too tired
