outunderthestars
Banned
I wouldn't call a company hemoraging market share and profitability while showing no signs of understanding why "fine."
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Nikkei: "June will be a major test for Iwata"
- Thread starter Zoc
- Start date
I wouldn't call a company hemoraging market share and profitability while showing no signs of understanding why "fine."
metalslimer
Member
Well, when your CEO not only promises a return to profitability, but a 100 billion yen profit, why should people continue to put their faith in this liar? And if he's not a liar than he is just incompetent. Saying, things don't suddenly get better doesn't cut it here. It also seems unlikely for Nintendo to post a FY profit anytime soon.
Aquamarine
Member
It is up to us shareholders to demand change. With Yamauchi (a pillar of Iwata support) gone and his heirs in the process of selling their shares and getting the Yamauchi family influence out, I'm encouraged to see the transformation of the company away from outdated, decaying models and into the realm of profitability.
T
thepotatoman
Unconfirmed Member
Is it though? It's not like the competition has set a high bar. Nintendo could easily destroy most of the competition with their IPs and casual game development experience. I honestly wouldn't be that surprised if nintendo took a huge percent of iOS sales, as well as increasing iOS revenues overall.
I don't want nintendo to be limited to only touchscreen games, and nintendo doesn't want to be forced into paying royalties to Apple, but I do think they could make a huge impact in the mobile market if they jumped fully in.
Tom Nook Sawyer
Member
Quoted for new pages. I'd be curious to see what examples may be out there
Do you know if what you are saying is true?Maybe iwata and some of the other people high up at nintendo already know what went wrong with the wiiu,but they actually have no choice but to continue to support the wiiu until they can produce another console.
SwiftDeath
Member
I have the same fantasy, though it is followed with me motorboating Christina Hendricks and Katy Perry.
It doesn't matter if there's not much quality competition. The marketplace is so oversaturated that it's very hard for anything to actually shine on it, and thus hard to make any actual money.
I'm a strong proponent of them not being on it. I can get behind ideas like today's Google/Pokémon one, but Nintendo going smartphone with actual games? Hell no.
That he shouldn't have promised. It's not him being a liar, nor is it him being incompetent. It's the company (not just Iwata. Seriously, people need to stop scapegoating him as the sole reason for everything) being ridiculously hopeful in a turnaround.
Also, Nintendo posted a FY profit last year. Just saying. It wasn't an operating profit, sure, but they posted an overall profit and had a reduced operating loss
Given the way mobile seems to be going Nintendo would have to make a f2p game with IAP just to compete and they would be competing with the exact same models for that one hit which probably wouldn't be worth it to the company if they were to go all in for some reason.
It would be interesting to see them dabble with mobile but there's a reason why you don't see any of the other big Japanese publishers putting their eggs in the mobile basket.
Ninja Scooter
Member
Couldn't you have used this argument back in the 1980s as a reason for Nintendo to never get into home console video gaming in the first place?
BrokenEchelon
Banned
Pokemon Puzzle League on mobile, F2P with ads and a store would make trillions, even if it was just another candy crush clone.
Super Stardust
Member
The Xtortionist
Member
Nintendo should make f2P with IAP, like right now. Just don't publish it under the Nintendo name, use only new IPs, make sure the 3DS gets ports of them and just let the money roll in. If some chump like Gungho can make shit tons of money, so can Nintendo. It would help with their handheld and console endeavors.
You know what Nintendo should do, buy Microsoft.
SwiftDeath
Member
Not really? The videogame market had just crashed and a lot of the competition went under.
http://en.wikipedia.org/wiki/North_American_video_game_crash_of_1983
Market was open to being dominated by one powerful player at that time
StreetsAhead
Member
Thank you for the articles. Traditional publisher is added by me, yes. I was looking for someone who is more comparable to Nintendo, to be honest, but I'm certainly not limiting the search. Reading through the articles now.
I feel like we've been saying it would be an exciting e3 when it comes to nintendo every year, and every year people just leave disappointed.
I found last years exciting, but not many others.
Aquamarine
Member
Publicly he can't be in any other position right now. He hasn't fully committed to his plans for real profitability...so he has to stay the course, no matter how silly it might seem.
I wish I knew Iwata personally...to know whether he sincerely is this deluded or it's all a charade to safe face.
FY3/2013 was a Net Profit because of 39.506 billion JPY ($382.6 million) in non-operating Currency Exchange Gains (compared to 27.768 billion JPY losses in the prior year).
That's not really a point you can argue for "Nintendo doing well" when OP Loss was stagnant that year.
michaelius
Banned
SwiftDeath
Member
I'll save you some trouble on the ZeptoLab one as they're a private company so don't release numbers but basically state that 2011 was a great year, and 2012 and 2013 had stronger growth or something along those lines
Gameloft is a good example as it is public and we have the stock history
Rovio is simply worth a massive amount although I suppose its hard to show sustained growth as they are also private and not required to release numbers
metalslimer
Member
Profitability ?
Hmm something like this ?
Yes, we know how much you like Sony. Thank you for the already used joke.
Ninja Scooter
Member
There were a lot of people and companies who thought that there was no real money to be made in video games and that Nintendo was foolish to put out a home gaming console.
You are right though in that there isn't the same open market as currently iOS is doing that. But people seem to think the mobile bubble is heading towards a burst.
-MD-
Member
Profitability ?
Hmm something like this ?
Let me go run out and buy a PS4 to play a game I could play on another console that costs half as much.
One of the best things that could happen to Nintendo now would be Iwata resigning. But if the Tepco/Fukushima drama has shown us one thing about Japanese leaders at companies, he will stay as long as possible, apologise as long as possible, and do as little as possible to improve the situation.
Is it just me or does everyone's dreams suck, last time I had a dream i was in a zombie apocalypse, except instead of zombies it was velociraptors. Have some imagination people.
michaelius
Banned
You mean console which outsold in 4 months that console that costs half as much ?
T
thepotatoman
Unconfirmed Member
We're not talking about just anyone here, we're talking about nintendo. All these mainstream newspapers wouldn't be constantly specifically asking nintendo to go mobile if no one cared about nintendo. If nintendo announced serious development for mobile, nearly everyone would know about it in a week, and all see it as positive news.
I cannot imagine most of nintendo's big IPs not constantly sitting in the top 10. If they can't manage rising to the top of the iOS market place, I don't see them being successful anywhere.
SwiftDeath
Member
Yeah most companies got out of video games as they were burned and thought demand had evaporated overnight basically
Nintendo did bet quite large but turned out well for them.
I sincerely don't believe Nintendo would fare too well long term going mobile though
Hmm? What console can you play Super Mario 3D World on that costs $200 now?
TheGreatMightyPoo
Banned
Everyone except gamers.
I got a Wii U and two games in the Skylanders bundle at Christmas for 200 dollars. If you want it it's out there at cheap prices. Total was Wii U + Skylanders + Nintendoland + Zombi U + Pikmin 3 for about 260. Very reasonable at this stage.
-MD-
Member
StreetsAhead
Member
I went ahead and read the articles anyway.
So no definitive proof there.
Do you happen to know the revenue numbers? I'll look, but if you know it might be quicker. Stock doesn't really tell me much.
And again, no definitive proof.
I'm not being dismissive, I really am just curious because several posters were adamant on the first page about that being false/naive. It's a shame, I guess, most of them are private so it's harder to discern. Thanks for looking up those articles, though.
So no definitive proof there.
Do you happen to know the revenue numbers? I'll look, but if you know it might be quicker. Stock doesn't really tell me much.
And again, no definitive proof.
I'm not being dismissive, I really am just curious because several posters were adamant on the first page about that being false/naive. It's a shame, I guess, most of them are private so it's harder to discern. Thanks for looking up those articles, though.
SwiftDeath
Member
Eh holiday bundaru hardly counts as standard price. There are a lot of deals but the MSRP is currently $299
What would count as definitive proof in this instance? Revenue numbers over 10 years?
You could probably dig those up for Gameloft as their public
i had a dream we were in a van driving from an earthquake-fueled apocalypse. it might have had something to do with the 5.1 about 20 miles away and the 15 hours of sleep i'd gotten that week but i'm pretty sure our band of survivors beat the earthquakes.
T
thepotatoman
Unconfirmed Member
But what IPs do other japanese publishers have to work with? Resident Evil? Metal Gear Solid? Final Fantasy? No one cares about those games outside of XBox and Playstation gamers who don't want to play phone games anyhow.
They don't have the same target demographic that Nintendo has, and Nintendo's target demographic are the ones that are playing games on phone now.
They should probably dip their toes in smart phone gaming by releasing their touch and wii titles, like brain age and etc. on it since theoretically the target audience moved from wii and ds to smart phones.
Freezie KO
Banned
Laughable.
He's had 10+ years to repair problems with droughts and third-parties, and he hasn't.
He had no foresight about where the casual market would go. And he's off to chase them again.
He said gamers didn't want online at a time when building an online foundation would've been most important. Nintendo still struggles with online.
He had no foresight about where the home console market would go when he gutted Western partnerships.
He had no idea that the line-up of same ol' games he's been shoveling had diminishing returns.
He thought he could abandon the Wii for two years and reuse the same brand with a modifier. Not only did this result in confusion over the product, but the brand was toxic anyway.
He bet on 3D, which got bad press for young children and seems to just be a passing movie fad every 20-30 years.
He bet on the GamePad, which had and has zero killer apps.
Iwata is incredibly short-sighted. Even when he's successful, as with the blue ocean, he has no idea where it's going.
Aquamarine
Member
StreetsAhead
Member
Actual numbers over at least a couple of years. I mean, I'm not just going to take the company's say so; I'm not that naive. This is partly why I was focusing on traditional publishers in my own searches, since many of them are public, so it's easier to find numbers. Looking for Gameloft stuff now, though.
Gameloft Revenue YOY Growth:
Thank you!
This was never going to happen unless Nintendo opens it's cheeks, and they have the money to avoid that. Everything else is hindsight.
nhlducks35
Member
Good thread to come back in 5 years or so
Freezie KO
Banned
We can see in hindsight how much Iwata lacked foresight. If the argument is that Iwata is so much better than those awful mobile people because he thinks long term, then none of his decisions have shown that he actually thinks in the long term.
Its not just Nintendo gamers playing on mobile and there's no reason to just assume that they are Nintendo's target audience.
The franchises you mentioned are bigger than a majority of what Nintendo puts out so I wouldn't say that nobody wants to play them lol.