Author Topic: Nintendo may be gaining recognition... (Read 12795 times)

teckmoney · « **on:** December 11, 2003, 04:47:35 PM »

Nintendo may be making great sales in UNITS, but most definately their numbers are hurting. Just b/c you sell tons of units doesnt mean youre doing a great thing. You could just be clearing massive storage building full of gamecubes that would never sell unless they have a dramatic price reduction. Woopty hoo..i like my recent purchase of a GC, but nintendo HAS to be hurting.

jasonditz · « **Reply #1 on:** December 11, 2003, 04:52:48 PM »

Nintendo is making a profit from continuing operations. The only reason they took a loss last earnings period was because they were holding so many US dollars and the dollar is in the toilet right now with respect to the Yen.

Polemistis · « **Reply #2 on:** December 11, 2003, 06:31:57 PM »

Quote
nintendo HAS to be hurting.

Nintendo has lots of ca$h.

Grey Ninja · « **Reply #3 on:** December 11, 2003, 06:46:30 PM »

Nintendo is still doing better than Sony and MS.

yellowfellow · « **Reply #4 on:** December 11, 2003, 07:15:24 PM »

i like your highschool business logic... where can i subscribe to your newsletter?

teckmoney · « **Reply #5 on:** December 11, 2003, 07:24:02 PM »

continuing operations and accepting continuous losses...how can that be good? Thats what happened to sega! lack of 3rd party support for its system!

teckmoney · « **Reply #6 on:** December 11, 2003, 07:33:35 PM »

continuing operations and accepting continuous losses...how can that be good? Thats what happened to sega! lack of 3rd party support for its system!

ThePerm · « **Reply #7 on:** December 11, 2003, 07:52:29 PM »

lol nintendo has only ever had a loss once in like 20 years
and the money the lost was made up when they got rid of the units...Gamecubes are hella cheap to make....especially now that they've switched to chinese manufacturing. They are probably still making a big profit

. Also the more gamecubes they sell the less it costs to make their hardware...Nintendo is far from in the whole. I am really upset about how people who dont understand the industry at all flap their mouths like little trolls and just spread bullshit. Nintendo is not at all like Sega as far as their business decisions go...so quit comparing. The only thing they were similar at was making Quality games unlike their competitors...and sega hasnt done that lately...save F-zero. So i guess the philosophy for being cool and making money for retards is make shitty games like the competitors?

Grey Ninja · « **Reply #8 on:** December 11, 2003, 08:28:13 PM »

Quote
Originally posted by: teckmoney
continuing operations and accepting continuous losses...how can that be good? Thats what happened to sega! lack of 3rd party support for its system!

Yep. Nintendo doesn't have support from giants like Konami, Square, Capcom, EA, Bandai or.... oh wait. That's Xbox.

A small loss of money in a 4 month period preceeded by continuous profits for 20 years does NOT make continuous losses as you put it. If you want to see continuous loss, go look at how much money the Xbox has made Microsoft.

Gibdo Master · « **Reply #9 on:** December 11, 2003, 09:06:56 PM »

MOTHER @%$#!!!! This kind of BS gets me so pissed off. The X-Box has been lossing crap loads of money since day one but Nintendo reports their first loss in years and suddenly TH3Y R TEH DOM3D. Shut the hell up you tards. It really pisses me off when I hear this kind of crap now since Nintendo has been kicking ass for the last couple of months.

Quote
continuing operations and accepting continuous losses...how can that be good?

Why don't you ask Microsoft. They know a lot more about that than Nintendo.

teckmoney · « **Reply #10 on:** December 12, 2003, 03:19:39 AM »

I forgot that we are all insiders and receive financial information from bill gates directly himself...o wait, you stay home and play yyour game cube all day. If you know how much bill gates is worth, accepting the losses early to build game support early for xbox 2 will be why xbox 2 will be great. Im not siding with any system...its just the xbox strategy as i can see.

Oogle · « **Reply #11 on:** December 12, 2003, 04:33:47 AM »

You don't have to be an insider. Financial reports are public for public companies like Nintendo and Microsoft (ooo, what a concept!).

http://www.nintendo.com/corp/annual_report.jsp

Look at net income for the end of March and June. Posting a loss doesn't necessarily mean they owe money. Far from it. It means they made less money than before. They made 67 billion yen by end of March. They made 11 billion yen by end of June. That's considered a 56 billion yen loss. If they make more than 11 billion next quarter, that'll be considered a gain.

Kaj'oin · « **Reply #12 on:** December 12, 2003, 04:53:19 AM »

Nintendo's got lots of dosh.

But it will get harder for them to keep turning those huge profits as the total Nintendo users base will drop again as it did with the N64 (30m) GameCube will find it very hard even match that, as it stands now GameCube should be on 12-14m it needs to double by the end of 2005.

KDR_11k · « **Reply #13 on:** December 12, 2003, 05:09:51 AM »

Kaj'oin: How do you know it will drop again?

The loss Microsoft has gotten from XBox doesn't make the XBox better, in fact this just shows how much they thought that through. The XBox is many times more expensive to make than the Gamecube, yet only minimally more powerful. While Nintendo wanted a good device they can produce cheaply, Microsoft just added all technology that seemed promising at the time without looking at the bottom line. If they don't change that attitude next time through they will have another money-sucking black hole. And you can be sure if that happens, MS will pull the plug on their console department. They might have deep pockets that refill faster than they drain, but a department losing a billion a year does not look good on the resume. They'd rather use that money on fighting Linux, which poses a lot more threat to MS than some console maker.

Oogle · « **Reply #14 on:** December 12, 2003, 05:54:12 AM »

Quote
They might have deep pockets that refill faster than they drain, but a department losing a billion a year does not look good on the resume.

Judging from Microsoft's Home and Entertainment division, it looks as though MS has made gains from its previous year. No extravagent losses here, either.

http://www.microsoft.com/msft/earnings/FY03/earn_rel_q4_03.mspx#Channel

Nintendo and MS both look comfortably in the black (i.e. they're making $$$) when it comes to the video game industry. People just put added spin in editorials and forum posts to make it seem like they are going to die any second now.

yellowfellow · « **Reply #15 on:** December 12, 2003, 06:51:32 AM »

oogle, i was gonna mention that... looks like you beat me to it.

Quote
continuing operations and accepting continuous losses...how can that be good?

well judging from nintendo's annual statement a loss was posted in net earnings from 2002 to 2003 however, operating expenses were reduced throughout the year such that the overall operating income didnot decrease too much. just a clarification, NCL did not post a loss this fiscal year. when looking at previous years annual reports, net gains were recorded leading up to and including this year. by loss, it is seen that NCL had a lower overall net earnings from the previous fiscal year. also, keep in mind NCL's fiscal year end is march 31, so none of the reports will include sales since the recent price drop.

Quote
Nintendo has lots of ca$h.

true, nintendo does have a fair amount of money in surplus (748 650 million yen worth). interesting though is that they are not highly dependent on creditors. a simple debt to total assets ratio analysis will give to a value of $0.18. while, current ratio sits at $5.21; NCL is highly liquid. additionally their retained earnings increased by 45 530 million yen (around $421 196 019 USD) during the year, and after declaring and paying cash dividends of 21 248 million yen.
it will be interesting to see how these numbers have increased since the price drop and after the holiday "spendathon" season. i don't believe the price drop has affected the gross margin too much seeing as how prior to the drop, cost of goods sold was sitting at around 62% of total revenues.

joeamis · « **Reply #16 on:** December 12, 2003, 07:56:06 AM »

Quote
Originally posted by: Gibdo Master
MOTHER @%$#!

Q: If I have three chickens and I eat two, how many chickens do I have left?

A: GET THE $#&@ OUT OF MY CHICKEN COOP!
_______________________________________
easy, you have 3 chickens left

yellowfellow · « **Reply #17 on:** December 12, 2003, 07:56:15 AM »

exerpts from Microsoft's 2003 annual report:
"Operating loss for fiscal 2003 increased 6% from the prior year as the product costs associated with the increased Xbox console sales and increased marketing expense more than offset the 12% increase in revenue."
"Cost of revenue in fiscal 2002 was $5.19 billion compared to $3.46 billion in fiscal 2001. The increase as a percentage of revenue in fiscal 2002 was due to an increase of 5.3 percentage points from Home and Entertainment primarily due to costs related to Xbox, partially offset by a 0.7 percentage point decrease due to a higher mix of revenue from licensing business"
source: Microsoft 2003 Annual report www.microsoft.com/msft/ar03/default.htm

overall (as stated by KDR_11k) home and entertainmetn division posted a loss of $924 million USD

teckmoney · « **Reply #18 on:** December 12, 2003, 08:10:35 AM »

so what if nintendo sells enough units to keep up with the high rollers of the game console industry...now that they may have sold millions of gamecubes...where is the game library to back up all those hungry gamers? theres only so many metroid and marios ya know. I went to best buy to see what game i wanted next...i really didnt see any : (
After playing zelda i need to spill some virtual blood : )

thecubedcanuck · « **Reply #19 on:** December 12, 2003, 08:49:09 AM »

"After playing zelda i need to spill some virtual blood "

there are numerous Gamecube games that spill virtual blood, this just shows that you really havent looked at all.

ghostVi · « **Reply #20 on:** December 12, 2003, 08:51:11 AM »

Go here. GC has an outstanding game library with lots more to come. As for the blood spilling - try the kitchen knife, and be sure to cut ALONG the veins, it doesn't work cutting across hehehe

Just kidding, go there and ask for game recommendations.

On topic : Nintendo doesn't "keep up with the high rollers of the game console industry", they ARE the high rollers in this industry, and what they need to keep up with is their own image of being the best out there. Not that this is an easy task.

manunited4eva22 · « **Reply #21 on:** December 12, 2003, 10:40:47 AM »

Oh yes, nintendo is getting their ass kicked by being ahead of xbox. I guess he forgot about gba as well, but oh well. Not going to waste my time with someone who is sourcing himself as proof.

jasonditz · « **Reply #22 on:** December 12, 2003, 11:11:19 AM »

Its just the same old story.

Somebody wants to play GTA and is mad its not available on the cube... ho hum.

Smashman · « **Reply #23 on:** December 12, 2003, 11:32:20 AM »

GCN is arguably Nintendo's best system yet. With the greatest NES, SNES and N64 games on GCN and GBA, making this generation one to remember.

I have had SO much fun playing SSBM, F-Zero GX, Ikaruga, Metroid Prime, Wind Waker, and Viewtiful Joe that they will ALL be memorable classics I will remember for the rest of my life.

Nintendo ARE the high rollers of the gaming industry, as ghostVi said.

Jdub03 · « **Reply #24 on:** December 12, 2003, 12:42:48 PM »

Keep in mind that every store doesnt carry all of the games that are availblbe on gamecube or any other system. They only have certain titles that they choose to carry. Try looking on an online retailer, you might be surprised at the amount of games it has. Plus the GBA player adds hundreds of other excellent titles to the gamecube library.

News:

Author Topic: Nintendo may be gaining recognition... (Read 12795 times)