Portugeezer
Member
oh boy....
Before I judge him, can someone clarify what SW means?
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Nintendo posts $160M net income, cuts 3DS/Wii U/NDS/Wii forecasts
- Thread starter Parmenides
- Start date
Before I judge him, can someone clarify what SW means?
star wars
DisenLedZep
Member
I think most people forget what the word: profit, means.
Most companies will sell new hard at a loss, and not make any profit on their launch dates. If Nintendo, with his current line up, make a profit... I can't even think about the possibilities when major titles are released.
And sure, people will claim that Orbis and Durango will kill the WiiU sells... let's stay frosty and wait for date and price. Because with the specifications I saw... the WiiU is still very competitive price/power (and add that "new feeling" with the new controller).
Most companies will sell new hard at a loss, and not make any profit on their launch dates. If Nintendo, with his current line up, make a profit... I can't even think about the possibilities when major titles are released.
And sure, people will claim that Orbis and Durango will kill the WiiU sells... let's stay frosty and wait for date and price. Because with the specifications I saw... the WiiU is still very competitive price/power (and add that "new feeling" with the new controller).
mentalfloss
Banned
Even a broken clock is right twice a day Pachter.
edit: beaten
edit: beaten
Software.
Software
Broken Hope
Member
Except they haven't made profit on the hardware or software, they have made profit due to the weak Yen.
oh boy....
What a tool. That software projection of sales was done before they delayed all of those Q1 titles.
zomgbbqftw
Banned
I don't think you know what it means. Nintendo profited from a revaluation of foreign assets because of weaker Yen. Their core business is still loss making.
It's too early to say if it is gonna be a very big success (>120M) or just achieve decent but still a bit disappointing numbers (60-70M). Of course it could end up falling in anything between those lines. As long as people don't give numbers on what they consider a success or a failure though, it's hard to have any kind of discussion.
This will help you have an idea of where the 3ds stands right now compared to GBA and DS: http://www.neogaf.com/forum/showpost.php?p=47074766&postcount=251. As you can see, they're still pretty closely lumped up together, the question will be what kind of momentum will the 3DS carry into the next financial year or two which will probably be a deciding factor on where its total sales will end up. (The DS kept soaring while the GBA started settling down a bit).
I feel it is very fair to say that calling the 3DS a failure at this point is exaggerated as it is pretty much out of the equation now unless something terrible happens. My personal opinion is that it's doing pretty good and looking at the releases planned in NA & Europe this year, I think sales will start picking up in these territories too, securing a bright feature for the handheld.
Portugeezer
Member
He probably used his powers and knew those titles would be delayed.
lunchwithyuzo
Banned
Pacter wasn't right anyway, he called the attach rate (4.36) unrealistic iirc. That's barely changed in the revised projection (4), and they nearly hit it this quarter (3.82).
Steve Youngblood
Member
Thanks for the info and your insight.
MisterHero
Super Member
3DS progress resembling DS/GBA progress is a damn miracle considering the price differences.
Wii U isn't as impressive right now, but I think even Nintendo expected that.
LOL, that were so obviously going to do 8mill between them.
XD
Looks like he was right then?
other than the wii hd was defiantly coming and the 3ds launch price was too low.
Man that was so stupid. I was dumbfounded when he said that. I thought it was overpriced at launch.
He predicted the WiiU to be sold out until march. Need i say more?
Spieler Eins
Member
Except when just recently he said Wii U would be sold out and 3DS is ,,toast''. Then his anti-nostradamus magic worked as usual. And probably tons of other goofy shit before that.
Defending Pachter is just... no. Just no.
TheGreatMightyPoo
Banned
Wasn't an unexpectedly strong Yen the primary reason for previous red quarters in the last couple years? Below expectations is below expectations to be sure and the stock drop is both correct and expected, but below expectations doesn't mean doomed. With mass production, they should be able to lower costs of production. Margins will probably remain razor thin, but cutting it close will benefit marketshare, mindshare, and presumably improved software support. I'm not talking about a price cut as drastic as the 3DS, I mean more along the lines of $50 and maybe dropping of the "basic" bundle to reduce production and shelving costs. "Wii U! Now $50 less! All these great games! Orbwhat? Duranwho? Buy today!" It's just business sense. It would deny their competitors sales if Nintendo can position itself with the next CoD, Battlefield, etc. If Nintendo can get the major holiday 2013 multiplatform releases on the WiiU plus major Nintendo releases, suddenly, the WiiU seems like a much more tantalizing offer than Xbox3, and with both Sony and MS looking to phase out their current gen systems for their new consoles, the WiiU will be among the new two as "the new hotness" but for cheap. Makes sense? It's about consumer perception, not what actually looks better, etc.
You mean Pikmin 3 and Wonderful 101?
As well as Wii Fit U and Game & Wario.
Yup these, along with the fact that games like Rayman Legends and Lego City Undercover were going to launch earlier.
All these games combined probably won´t break the 1 million in their first weaks and months, let alone come anywhere close to 8.
More games people want will cause them to buy older releases when they pick up their consoles such as Mario and they probably include Nintendo Land numbers as well.
That´s true but the number of people that buy a WiiU for these titles will be rather "small". Except maybe Pikmin none of them have any system seller qualities.
CoffeeJanitor
Member
I would agree. At the very leastvthe last year or so. Before then he was dumb.
lunchwithyuzo
Banned
I think it's the lowered hardware projections taking a large bite too. Lego City getting pushed to the end of the FY in the west hurts too, it'd have done significantly more as a holiday release (which was the original plan I've been told). Essentially it was 5 big delays, Japan's also getting G&W at the end of March.
I didn't see anything about attach rate in his backslapping victory tweet, did you?
I'll say more, Wii Plus/HD in 2010!
He said 4.36 was unrealistic, it's 3.8 and they're aiming for 4?
Therefore he's right ...
Even the 3DS $250 is too low and Wii U will be sold out till March?
Obviously having those titles would have been better than the nothing that's currently scheduled. Arguing that they wouldn't have made any difference is willful ignorance here man. It's not like one obscure title was pushed to second quarter.
I'm actually kinda curious if Nintendo intentionally pushed these titles because they knew the investors wouldn't riot because of these numbers. Next quarter is gonna be soft (to be nice) so having Pikmin/Wiifit U/Game & Wario there might make it look less like a disaster and more like a disappointment.
lunchwithyuzo
Banned
It's not even a change of 1 (4.36 to 4) and they did within striking distance this quarter (3.82). The attach rate wasn't an unrealistic projection, even if it falls slightly short. It's the absolute figures that took a tumble.
Pachterballs
Banned
He's just saying...
mentalfloss
Banned
I didn´t do that. Just said that they´d probably be closer to 1 million than to 8 million.
lunchwithyuzo
Banned
Filler sells systems too. What you need is a combination of the two to really drive hardware consistently. Game & Wario or Wonderful 101 might not be what people rush out to buy a Wii U for, but they add to and diversify the library overall and that can help push system sales. These sort of games support the NSMBUs and Nintendo Lands. They were also part of the reason why Wii fizzled so fast, it had the system sellers but not enough filler long term.
lunchwithyuzo
Banned
I think if they'd released as originally planned, say Lego in December, Wario in January, Pikmin/Fit/101 spread from February to March, that they'd have moved closer to 8m than 1m. Lego, Wario and Fit would each be good for over a million worldwide.
Plus these releases would've added to platform momentum, helping move hardware and by virtue of that other catalogue software. As is, with all of them moved to the end of or out of Q1, it creates a much more problematic dead zone for 2.5 months where current owners aren't buying anything and potential owners are waiting out the drought.
Not entirely familiar with the numbers on the franchise, but was Pikmin ever really a "system seller"? I suspect that if they push the title enough and find a good opportunity to add a deal of features it could turn into one but I was always under the impression that it was only one of the finer lines when it came to IP value.
I love how he tweets his correct predictions, like 'I finally did it!'
oh boy....
I'm pulling these off the top of my head but I think Pikmin 1 sold about 700K and Pikmin 2 about 400K in NA. Not system sellers but it does help.
He usually refers to his viewers/readers as "fellow babies" for whatever reason
Didn't Nintendo say they are already losing money on each wiiu sold, cutting the price will make it even worce
I really dont think this will get better for them, i see no interest from people who already have a wii, its not price they dont need a new system they very occasionally play it
I really dont think this will get better for them, i see no interest from people who already have a wii, its not price they dont need a new system they very occasionally play it
Father_Brain
Banned
I don't think a price cut is realistic at this point. Best thing they can do right now is more of what they did a week ago - announcing and showing off future games will do very little to help sales for the next few months, but it'll at least help convince investors, third parties, and current/future Wii U owners that the fundamentals for a turnaround later in 2013 are there.