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Fortune Magazine cover story: How Wii won
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Christoff Yurievich
Member
and even more fun to post when they explode.MattXG said:
hyperbole much?
titiklabingapat
Member
Anyway, it's been 6 months now and it is the only console with any sort of semblance of sustained success if not outright domination in all three major markets. Is it really still too early to call? I remember a whole bunch of "let's wait for February/march/april numbers" excuses 3-4 months ago.
Key Points:
- Wii is really popular and is sold out a lot (even at NOA Company store)
- Wii Remote is cheap to make
Accelerometer: $2.50
Basic Memory Chip: $0.25
Audio Amplifier: $0.50
Data Converter: $0.50
Rumble Pack: $2.50
Bluetooth Chip: $2.00
Audio Translator: $2.00
Plastic Casing: Unknown
Wrist Strap: Unkown
- $50 profit per Wii
- Nintendo makes a lot of money (revenue = $2.5M per employee, profit = $442,000 per employee, both figures are much higher then MS and Google)
- $5 Million to develop Wii game vs $20 Million for PS3 game
-Ubisoft says Nintendo is best console maker to work with
- EA says Nintendo is a pioneer
- Wii's success has done little to convince Microsoft execs that they'rs on the wrong course (Peter Moore: "I love the experience, the price point and Nintendo content of the Wii, but Microsoft provides experiences that Nintendo cannot provide")
- CEO of SCE America says give credit to Nintendo but points out that Sony has come out with innovative controllers too, technology doesnt go backwards and the Wii is a re purposed gamecube
- Sony views the world through the eyes of an engineer while Nintendo takes its cues from the outside world (eg. Pikmin from Miyamoto's garden)
FUTURE
- Nintendo could stick with the current tech for a few years and then introduce a Wii 2.0 with PS3 tech but cheap
- cut $50 of Wii price to compete with future price cuts for MS and Sony
- relationship between Mac/PC - iTune - iPod could be like Wii - DS
- needs more stock, did not expect Wii to be so popular....currently making 1M a month but want 1.5M - 2M but its difficult
QUOTES
We were losing to the TV remote. So we thought what kind of controller can we create that wont make people afraid to touch it? - Miyamoto
We are not competing against Sony or Microsoft. We are battling the indifference of people who have no interest in video games - Iwata
My name is Reggie. I'm about kickin' ass, I'm about takin' names, and we're about makin' games" - you know who
Collateral damage from Wiimotes
-Babies
-Pets
-TV sets
-Windows
-Light fixtures
-Ceiling fans
EDIT: fixed Sony boss quote
- Wii is really popular and is sold out a lot (even at NOA Company store)
- Wii Remote is cheap to make
Accelerometer: $2.50
Basic Memory Chip: $0.25
Audio Amplifier: $0.50
Data Converter: $0.50
Rumble Pack: $2.50
Bluetooth Chip: $2.00
Audio Translator: $2.00
Plastic Casing: Unknown
Wrist Strap: Unkown
- $50 profit per Wii
- Nintendo makes a lot of money (revenue = $2.5M per employee, profit = $442,000 per employee, both figures are much higher then MS and Google)
- $5 Million to develop Wii game vs $20 Million for PS3 game
-Ubisoft says Nintendo is best console maker to work with
- EA says Nintendo is a pioneer
- Wii's success has done little to convince Microsoft execs that they'rs on the wrong course (Peter Moore: "I love the experience, the price point and Nintendo content of the Wii, but Microsoft provides experiences that Nintendo cannot provide")
- CEO of SCE America says give credit to Nintendo but points out that Sony has come out with innovative controllers too, technology doesnt go backwards and the Wii is a re purposed gamecube
- Sony views the world through the eyes of an engineer while Nintendo takes its cues from the outside world (eg. Pikmin from Miyamoto's garden)
FUTURE
- Nintendo could stick with the current tech for a few years and then introduce a Wii 2.0 with PS3 tech but cheap
- cut $50 of Wii price to compete with future price cuts for MS and Sony
- relationship between Mac/PC - iTune - iPod could be like Wii - DS
- needs more stock, did not expect Wii to be so popular....currently making 1M a month but want 1.5M - 2M but its difficult
QUOTES
We were losing to the TV remote. So we thought what kind of controller can we create that wont make people afraid to touch it? - Miyamoto
We are not competing against Sony or Microsoft. We are battling the indifference of people who have no interest in video games - Iwata
My name is Reggie. I'm about kickin' ass, I'm about takin' names, and we're about makin' games" - you know who
Collateral damage from Wiimotes
-Babies
-Pets
-TV sets
-Windows
-Light fixtures
-Ceiling fans
EDIT: fixed Sony boss quote
titiklabingapat said:
No it's not for the purposes of serious business - if you were actually betting money on it, betting against the Wii if offered odds less then 5:1 (at the very, very least) would be crazy.
However, the forum is populated with "but it is possible" kind of statements. So far the predictions of PS3 comeback and 360 domination are just very, very unlikely but not ridiculously so. So "it is still possible". Like that guy in MC thread who said he would admit PS3 lost Japan if it was outsold 7:1. 6.5:1 was not good enough, because "it's still possible"
jey_16 said:
Interesting...
norinrad21
Banned
- $5 Million to develop Wii game vs $20 Million for PS3 game
Smiles and Cries
Member
jey_16 said:
In two years I could live with that
Good Job on the keypoints Jey
PkunkFury
Member
the wiimote price isn't very surprising, as controllers have always had a significant markup. Microsoft and Sony controllers likely cost a similar amount when broken down into components.
What sux about the Wii controller is that we get hit twice by the retail markup since Nunchuck and remote are sold seperately. i think it would have been easy for them to bundle the two for $50
What sux about the Wii controller is that we get hit twice by the retail markup since Nunchuck and remote are sold seperately. i think it would have been easy for them to bundle the two for $50
DreamMachine
Member
Hatorade said:
I think what ubisoft really meant is.. they like working with nintendo becuase they can make shitty games for cheap and the casual gamers will eat it up.
BrodiemanTTR
Member
jey_16 said:
Oh cool! Now give us some decent games.
There needs to be a GIF of some dude shooting upwards with two pistols while falling off a building or something for comments like these.
Hatorade said:
Your wish is Yves' command.
Oh, and it's not too early to call, based on historical trends.
Pureauthor
Member
BrodiemanTTR said:
Peter Moore's statement is 100% factual. I dunno why you included that.
WickedLaharl
Member
titiklabingapat said:
we can have multiple accounts on gaf?
BrodiemanTTR
Member
Pureauthor said:
I misread it. I thought it said the Wii has done little to convince Microsoft that Nintendo is on the right course. It's late. >_>
Nuclear Muffin
Banned
Wow it's even sold out at the NOA company store! (Unless Nintendo hid all their Wiis away when the guys from Fortune came along to make it look like it ws sold out :lol
Woah, I thought that it would be much more expensive to make! But I swear that the accelorometer was separate from the tilt/rotation sensor?
Less profit than I thought Nintendo was making, but still nice
Seems a bit too high for the Wii to me, I swear the average GCN game cost around $1 million to make? Besides, costs of development vary from game to game, I'm sure that not every single PS3 game automatically costs $20 million to make!
Good to see Nintendo courting 3rd parties!
Peter Moore is 100% correct, the 360 is as different from the Wii as the Wii is different from the 360 and PS3. Following Nintendo would be suicide, they're right for sticking with their current path and dominating it IMO
LOL! Nice job, make yourselves look even stupider in the eyes of the press and public :lol
True, and it's completely done Sony in!
Duh, obvious point here, but Nintendo aren't gonna come out with a new console for a good solid 5 years
And Nintendo would still be making plenty of profit by then! :lol
No, just no, there's no need for it at all. The Wii doesn't need to try to be a 360.
Duh!
Those are some awesome quotes right there! Someone needs to write the new ones down for archival purposes
the article also talks about the Audio translator in the Wiimote, it converts human speech into a digital data stream.....it will be used for future games (Wii Karaoke?)
oh and i actually made a mistake with what CEO of SCE America (Jack Tretton) actually said......his exact words are "Sony have come out with some innovative controllers too"
sorry about that...i have edited my initial post
oh and i actually made a mistake with what CEO of SCE America (Jack Tretton) actually said......his exact words are "Sony have come out with some innovative controllers too"
sorry about that...i have edited my initial post
Buttseckslol
Banned
I don't know, they could adopt one of my favorite Wii features like dependable hardware or even a halfway decent d-pad.Prine said:
BrodiemanTTR
Member
jey_16 said:
Wait, hidden mic in the Wiimote confirmed? I had that pegged as BS.
RiskyChris
Banned
MattXG said:
Wiitard said:
Chance increases with every magazine cover article believe it or not. Magazine cover stories are like Kryptonite to any sort of long term success and they have very bad track records of getting it right. If we see a Businessweek (most infamous cover curse) cover article, I'd say there's 90-95% chance Wii won't last.
HyperionX said:
it's not on the cover of the American Fortune though and Fortune in Asia is read mostly by professionals and business types. I don't see how any of your theories matter.
There is probably some statistical correlation between the truly mainstream media being late reporting a social or business trend and covering it just before the market shifts, but this doesn't seem like it You're desperately grasping for something here.
And a cursory search of the Fortune database found this. Dated Feb 21 2005
I'm Still waiting for Apple and iPod to implode. I must be really close now.
titiklabingapat
Member
oo Kosma oo said:
That sounds so dirty.
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