frankie_baby
Member
I'd be surprised if that was true seeing as Wii games (even the non shovelware games) were always sold at lower prices to their ps360 counterparts
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Phil Spencer talks about working with Nintendo on Minecraft and overall
- Thread starter Hero of Legend
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I'd be surprised if that was true seeing as Wii games (even the non shovelware games) were always sold at lower prices to their ps360 counterparts
captainraincoat
Banned
Except Nintendo is sitting on a shitload of money and could probably release multiple duds and still not put a dent in the cash pile
Their success is that all their consoles are profitable and they have some absolutely huge ips in the back pocket.....sega has lived off their ips for the last 20 years...imagine how long Nintendo could
Moor-Angol
Banned
Hero of Legend
Member
To folks thinking Nintendo would be at least somewhat the same as a 3rd-party, consider this; when Sega left, did ANYONE ever imagine that Sega would turn out like they are today? As in... not terribly good aside from a few examples (like Yakuza).
It felt like they were among the top tier on DC, pretty much their golden era.
I think it was when Sammy bought them in 2004 that they started their major downward spiral.
It felt like they were among the top tier on DC, pretty much their golden era.
I think it was when Sammy bought them in 2004 that they started their major downward spiral.
3DS sold a lot of third party software.
Wow. So it'd be more like "who wants to buy Microsoft's Xbox division for -$X billion dollars." That sounds like a shitty deal. I'm guessing if Microsoft were ever to exit the gaming industry, they would probably take the IPs with them instead of selling them off.
And wii and wii u did not. What's your point? One is a system with essentially a captive audience and the others are systems where their competitors clearly manhandled software sales.
Wii sold a lot of third party software too, actually.
It's the new "Nintendo should go third party post".
He said software sells, that's correct and that's why people invest in mobile game companies because that's where the gaming industry has grown in revenue over the past few years.
You can invest in Nintendo now but it's still going to take a while until Nintendo gets a strong foothold in the mobile gaming market, Pokémon Go was just an oversight on investors not knowing that Nintendo doesn't own 100% of the Pokémon Company.
With Super Mario Run the rise in stock value is likely to be short lived as well because there are no known microtransactions to make Super Mario Run a constant earner in revenue for the long term.
As you said, I don't know any shareholders in the Q&A that want Nintendo to go third party by abandoning hardware, that means Nintendo loses a source of revenue which would result in downsizing the company and having to double down on making software hits which would lower market value because of lower confidence in investment.
Speaking of which, Nintendo abandoning hardware to go third party to make games for Xbox and PlayStation is hilarious because losing one source revenue to be made by being software only means you have to rely on the hardware makers to be successful, as we can see in the current gen that there is a huge decline in hardware owners compared to last gen, not to mention the fact that there is little overlap between Nintendo who makes games for all demographics vs. PS/Xbox which caters to the 15-35 male demographic.
If Nintendo were in such a situation to go software only, it would make more sense to go mobile and then PC with their own storefront for PC like Blizzard because the suggested mobile and PC platforms have had much more growth in their respective markets compared to home consoles. Also their software would overlap better with those consumers because they're not 15-35 males that play the next AAA blockbuster shooter and sports game that's marketed to hell and back every year.
Investors were fine with Nintendo going mobile because they have a new revenue source, Nintendo chopping off hardware to go software only carries risks if they don't have other sources of revenue.
This is part of why Microsoft and Sony don't suffer losses badly, Sony got rid of their laptops and other parts of their business but now they have new sources of revenue from selling insurance, medical technology and camera sensors.
Nintendo's worth atm is 36b, Sony 38b.
Gotdatmoney
Member
Wii sold a fuck ton of third party software. 500 million is not a lot?
lightskintwin
Banned
Please provide a link verifying that, because last update I've seen was in July at 18.4 Billion.
Funny you mention that because Pokémon Go released on July 6th where Nintendo's stock value doubled during that month in which there was a thread pointing out that Nintendo were now worth more than Sony.
CrispyBoar
Banned
Which is why I'm laughing at people who think that Microsoft & Sony will forever be in the gaming industry just because of hardcore gamers.
Microsoft isn't in the black & hasn't been truly in the black since the OG Xbox. Sony? The PS3 had not only costed them a shit-ton of money, but have also erased all of their profits that they made from the PS2, their most successful console ever (& probably profits from PS1 &/or PSP as well). Now they're one giant, awful move away from their gaming division being shut down entirely which is why they can't afford another PS3 debacle.
ShadowFox08
Member
He's hoping NIntendo concede the console war so Microsoft could buy them already. >________________>
ugh
It also helps that they both have head offices in Redmond, WA.
The difference between Sony and Microsoft is that for Microsoft the XBox division is a bleeding wound in an otherwise successful company while Playstation is keeping Sony afloat while the rest of the company collapses. Totally different stories.
That should be the biggest and primary takeaway from this entire thread... unfortunately thats not what happened
CrispyBoar
Banned
Which doesn't look good on Sony's end if that's true & if Sony makes a huge bomb with PS5 or so, while Microsoft can still survive even if they happen to fold the Xbox division entirely.
foxuzamaki
Doesn't read OPs, especially not his own
if it wasent for the playstation the i believe that the sony movie division and the, believe it or not, insurance division wouls be holdig sony up but just barely
Also as mention above that Nintendo is net worth is roughly 36 billion and Sony is roughly 38 billion. Nintendo on the other hand has no debt and has a huge amount of cash in the bank. They are very good with their money and making profit even when they do not light the chart on fire. Sony has a lot more debt and has a lot less cash in the bank. Also take into consideration Nintendo is leveraging their IPs even more into theme park, movies, and other as well. They will continue to do consoles since they are not strap for cash.
Possumowner
Member
Hardly surprising wanting the world's most famous gaming character on your platform
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