No, the 3DS was never as bad as the Wii-U at any point and time, in-addition it's a handheld. Comparisons are completely pointless IMO.
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Bloomberg: Nintendo to announce 18.7 Billion Yen loss for the fiscal year
- Thread starter Mihael Mello Keehl
- Start date
No, the 3DS was never as bad as the Wii-U at any point and time, in-addition it's a handheld. Comparisons are completely pointless IMO.
BlockheadBrown
Member
You're not negative/cynical enough towards Nintendo/WiiU, thus you're a blind raging fanboy. Haven't you read the pamphlet at the entrance?
(╯°□°）╯︵ ┻━┻
peanutbutterlatte
Member
You're still not listening to my argument, at all. It's quite annoying.
I'll give you the TL;DR - People buy Nintendo hardware for Nintendo games solely. Quite a lot of people. Losing that market would be dire, and asinine of Nintendo.
I am listening to you, I simply disagree with you and nothing will change that. I think accessing a whole consumer base of people who would never buy your hardware to begin with is far more intelligent on the financial side.
peanutbutterlatte
Member
And I'm saying the profit they'd make on hardware would drop dramatically.
I think their hardware is an eventual dead-end in the West. See where this is going? Exactly, nowhere. Let's just agree to disagree.
26 pages for this is a bit too much.
Yeah Nintendo is struggling right now, they have fallen from the graces of the DS and Wii success and Wii U has not been the hit with casuals that they hoped for.
But it's not like their financial position is compromised by these relatively small losses. Yeah of course investors won't be pleased with a company with uncertain profitibility but they'll be fine in the long run.
They're already thinking about their future, it seems like they'll focus on a hybrid handheld platform where games can be played also on the TV through a HDMI (wireless if it becomes possible?) connection.
Yeah Nintendo is struggling right now, they have fallen from the graces of the DS and Wii success and Wii U has not been the hit with casuals that they hoped for.
But it's not like their financial position is compromised by these relatively small losses. Yeah of course investors won't be pleased with a company with uncertain profitibility but they'll be fine in the long run.
They're already thinking about their future, it seems like they'll focus on a hybrid handheld platform where games can be played also on the TV through a HDMI (wireless if it becomes possible?) connection.
Iwata, according to the guy I quoted. I was being sarcastic. I don't believe that there's only one person in the world qualified to run Nintendo (or do any other job, for that matter).
I think this is a terrible idea. I hope that's not really their strategy. If it is, that's a great reason to fire Iwata.
I see we've reached that point in the thread where parallels are being drawn for the PS4/Durango upcoming sales. Just because the Wii U is an unappealing product doesn't mean the same holds true for everybody
Will they light the world on fire? Probably not, will it sell 13k units a week in North America less than 6 months after launch? No
Will they light the world on fire? Probably not, will it sell 13k units a week in North America less than 6 months after launch? No
The difference is that Irrational is a DEVELOPER while Nintendo is a PUBLISHER and a publisher with formats that they need to support. Iwata himself keeps saying that droughts destroy the momentum Nintendo consoles need, you agree with him right?
He also says he has plans to do better for the next machine, but he's never delivered on that.
frankie_baby
Member
People keep suggesting this hybrid idea as 'likely' with little to no evidence whatsoever
And just because the ps4 and durango are more powerful doesn't mean they are immune to doing poorly.
But yes I agree with you, right now the wii u is unnapealing to the majority of the publicmetalslimer
Member
Even if they are unappealing products that will bomb, it does not excuse the wiiu at all. Its reactionary fan garbage to even bring them up at all. Its just as bad as when many were hoping the wii would fail to justify their agenda.
Steve Youngblood
Member
Eh, I don't know. I just think it depends on where we're at in a few years. I think it could be a disastrous idea, or maybe it would succeed at being what the Wii U was trying to do. I've argued it before, but aside from lack of compelling software at launch, I think the biggest issue with the Wii U is that the GamePad failed to be what it really needed to be while simultaneously adding too much to the cost.
Psycho_Mantis
Banned
I bet that's the Bayonetta2 exclusivity hurting them
Well its not going to help them much.
And just because the ps4 and durango are more powerful doesn't mean they are immune to doing poorly.
No one is saying PS4 and 720 will not do poorly solely due to their graphics. The reason people think PS4 and 720 will do better its because they will be backed by the third parties, and offer a generational leap which the consumer can see clearly.
WiiU had none of those things.
Exactly. At the end of the day so what if the PS4 And Duragngo did bomb? What does that change about the Wii-U's situation or issues? Nothing, it will still be suffering. It just screams saltiness.
I don't see how you do that without making either an overpriced handheld or an underpowered console. Or both at the same time, given Nintendo's recent track record.
It's not just expected, they even announced in their last forecast that they'd be posting a loss like this. They even expected 20 billion yen. So this whole thread is actually quite silly. Especially since we'll be talking about all the same shit again tomorrow when their official results are out.
Dave Meltzer
Banned
Marketing?
Well, that's what they revised it down to three months ago. This time last year they expected 20B JPY profit. It's disingenuous to claim this is all according to plan.
2. Briefing of consolidated earnings forecast for the fiscal year ending March 31, 2013
Earnings forecasts for the full fiscal year ending March 31, 2013 are as follows;
* Percentages indicate the changes from the previous fiscal year.
Net Sales: 820.0 billion yen 26.6%*
Operating Income: 35.0 billion yen -
Ordinary Income: 35.0 billion yen -
Net Income: 20.0 billion yen -
Foreign exchange rate assumptions at the end of this fiscal year are 80 yen per U.S. dollar, and 105 yen per Euro.
Forecasted unit sales for the full fiscal year ending March 31, 2013 are as follows;
Nintendo DS Hardware 2.5 million units
Nintendo DS Software 37.0 million units
Nintendo 3DS Hardware 18.5 million units
Nintendo 3DS Software 73.0 million units
Wii Hardware 10.5 million units
Wii Software 70.0 million units
*Nintendo DS means Nintendo DS, Nintendo DS Lite, Nintendo DSi, and Nintendo DSi XL.
*Forecasted software sales units do not include the quantity bundled with hardware.
*Forecasted "Wii" hardware and software sales units include the quantity of the “Wii U” hardware and software.
*Forecasted sales units of the "Nintendo 3DS" software and the "Wii U" software contained in the "Wii" software include the quantity of the packaged software by means of digital distribution.
There is no denying Nintendo is in a slump atm, espescially with the wiiu, but I refuse to accept the hyperbole about Nintendo quitting
the console side of things, or Iata being the worst CEO ever in need of getting the boot asap.
I'd wager his successes with the Ds and Wii gives him at least a certain amount of credit and leeway
and he should get a fair shot at at least trying to remedy the issues they have atm.
It's liek with football club trainers, People like Ferguson and wenger, they have credit with the fans and the board at the club,
because of the massive succeses they had.
And you have clubs who kick the trainer to the curb when things don't go as planned for a bit, like Chelsea.
it's horrible policy to be doing that, and it only will hurt you in the long run.
Iwata should at least be given time till the 2014 deadlien he set himself, since these Bloomberg estimates, seem to suggest Nintendo at least
is meeting targets for this fiscal year losscutting wise, and we will see if they can meet the goals for the next one.
the console side of things, or Iata being the worst CEO ever in need of getting the boot asap.
I'd wager his successes with the Ds and Wii gives him at least a certain amount of credit and leeway
and he should get a fair shot at at least trying to remedy the issues they have atm.
It's liek with football club trainers, People like Ferguson and wenger, they have credit with the fans and the board at the club,
because of the massive succeses they had.
And you have clubs who kick the trainer to the curb when things don't go as planned for a bit, like Chelsea.
it's horrible policy to be doing that, and it only will hurt you in the long run.
Iwata should at least be given time till the 2014 deadlien he set himself, since these Bloomberg estimates, seem to suggest Nintendo at least
is meeting targets for this fiscal year losscutting wise, and we will see if they can meet the goals for the next one.
I think the intelligent observer will note that releasing products has progressively taken more and more effort and money and that Nintendo is not immune to it. They lost less money this year so things are improving and it would seem like they will return to profits again now that they are out of the launch period. It's still an anomaly for Nintendo which had never reported a loss in 20+ years.
Good point, I see the third parties supporting everything tho. All the big holiday season games are on every console possible. Apart from EA being salty with nintendo
Your thought's mirror mine. The Gamepad was a larger risk than Nintendo ever could have realized. It was honestly a very safe and calculated maneuver made from within the Nintendo bubble, that didn't resonate with the mainstream audience like they anticipated. I don't know why they thought it would have mass appeal over the Wii-Mote, no clue whatsoever.
ClovingWestbrook
Banned
Nintendo is in a bad position RIGHT NOW, though obviously things will likely improve going forth. While I don't believe that Iwata is a TERRIBLE CEO, I do believe that he has outlasted his time at Nintendo. Nintendo NEEDS to be dragged into the present in terms of digital distribution accounts, marketing, multiplayer, third party support, unifying Nintendo East and Nintendo West. Iwata is simply not the person to do this.
Under his watch he has had two of the worst launches of Nintendo hardware. While he was head of Nintendo for the DS/Wii, it's all about what have you done for me lately in this business, look at crazy Ken with the PS3. You're previous success are history and it's all about how successful he is TODAY.
Iwata PROMISED that Nintendo had learned from the 3DS launch. That Nintendo had reached out and made sure that third parties were getting what they wanted. That there wasn't going to be a drought. Welp, so much for that. Launch window games will hit 6-8 months after the actual launch. The day one OS was embarrassing.
It's time for him to go.
Elfforkusu
Member
He's right that the drought hurts momentum, and he's also right to absorb the hit when the alternative (rushing out unpolished titles) sacrifices the quality of the company's core business (software).
Nintendo is a developer as well. Them publishing their own games does not invalidate the comparison. I could say the same for Valve.
ClovingWestbrook
Banned
The difference is Valve isn't a hardware manufacturer. Also, even if Valve isn't releasing their own developed games, they've built up Steam to the point that they're releasing 10-20 games a week from others on their store.
Nightstick11
Banned
I'm quite astounded there are some people in here squawking "lack of forward momentum" as if Nintendo isn't going to release any games going into FY 2014.
Mariah Carey
Member
I've made thousands of dollars shorting Nintendo's stock the last few years, so I'm very much OK with this!
FreedomFighter
Member
Every year since Gamecube someone has said that. It ain't happenin'.
No.. the issue is the "Wii' bubble has burst.. there is no interest in it.. the Wii U didn't abandon that control scheme.. notice everything is backwards compatible? a lot more consumer friendly than the ps4/durango will be... the issue is, it's really difficult to market what the gamepad does! maybe people don't see the value in it.. or it's too complex looking.. too many buttons.. who knows.. either way, as a gamer, it's freaking awesome.. it destroys the concept of the wii/wiimote.. dual screen gaming is here to stay.. it's easily one of the coolest innovations in gaming for home consoles..
Because motion controls arent unique anymore. Every Device with the slightest gaming capabilities has a motion mechanic implemented in this day and age. But not everyone has a screen built in as a home console.
Don't get me wrong I would have MUCH preferred a Wii remote successor. But this is probably Nintendo's thought.
Nothing has sold me on asymmetrical gaming at all, simply distracting or meh in my opinion. I'd love to see a killer app that makes the most of the gamepad. When a console is out that I don't own, I SHOULD feel salty about if it's any good. No salt for the Wii-U, yet.
Little Green Yoda
Member
By not packing a Wiimote into every console, devs are going to have an excuse not to support the Wiimote. And while different control options is good for the consumer, I'll bet that it's an additional obstacle for devs, especially if they aren't lazily shoehorning motion controls into their product, aka "waggle".
Aquamarine
Member
This should be added to the OP:
FY 2013 Earnings Release schedule:
http://www.timeanddate.com/worldcloc...0424T16&p1=538
London * Wed 8:00 AM BST
Paris * Wed 9:00 AM CEST
Los Angeles * Midnight Tue-Wed PDT
New York * Wed 3:00 AM EDT
Chicago * Wed 2:00 AM CDT
FY 2013 Briefing (Q&A, Presentation, Outline, Supplementary Info) schedule:
http://www.timeanddate.com/worldcloc...0425T10&p1=538
London * Thu 2:00 AM BST
Paris * Thu 3:00 AM CEST
Los Angeles * Wed 6:00 PM PDT
New York * Wed 9:00 PM EDT
Chicago * Wed 8:00 PM CDT
Note, these are tentative release times based on when they were released in previous FYs...Nintendo hasn't formally announced a date and these may be off by an hour or so.
Do you have data on what their profits were by year?
Steve Youngblood
Member
That would be the balancing act. I don't know what the state of tablet-esque tech is going to be in 3-5 years (however long the 3DS/Wii U can hold on) when this new theoretical device would be necessary. This could all be a silly pipe dream. I'm just somewhat skeptical of the long-term viability of another GameBoy/DS dedicated handheld device as smartphones and tablets gain more and more traction. But given what they attempted to do with the GamePad, my gut read is that they see some future in this sort of hybrid portable/television gaming, which could be a good, unique hook if done more competently than the Wii U is currently.
No, we are using common sense...
I would be surprised if Nintenod wasn't losing money. Launching consoles can be expensive.
ClovingWestbrook
Banned
There will not be any significant releases until July/August. That is about 10 months after launch. Monster Hunter could be argued as the only piece of software the could have moved hardware and by all accounts it didn't.
Do you not see the problem? Nintendo basically had 10 months to itself and it did didley squat. As the advertizing campaigns begin to taking hold for the PS4/Xbox 3, you best believe that the Wii U will be even more ignored by retailers, the press, and many gamers.
Again, this isn't an issue for me as I bought the Wii U for Nintendo games but for the health of Nintendo it's irresponsible. My only real problems with Nintendo's handling of the Wii U are their digital distribution system, the OS, and their terrible handling of the Virtual Channel.
Pie and Beans
Look for me on the local news, I'll be the guy arrested for trying to burn down a Nintendo exec's house.
Well Gamecube was considered like some kind of baseline of "it can't get worse than this", and of course the sheer anomaly of the Wii's sales compared to all other Nintendo home consoles since the SNES painted a far different future.
Here we are though with Nintendo struggling to produce enough software for two 3d platforms at the same time, and one of those platforms is tracking below the Gamecube to a sizeable degree while the other faces a society that has fully embraced mobile computing technology that isn't a dedicated handheld only and slowing that platform's potential growth.
Sooner or later Iwata or whoever comes next has to decide to focus on the strongest ship and let the weaker one either sink after another failed voyage, or torch it themselves.
Strawmen? You do know what a strawman argument is right?
That would imply that I created a fake question of my invention to answer instead of answering the question asked. I specifically answered the exact question that was posed. How is that a strawman?
Steve Youngblood
Member
I don't think any reasonable person doubts that when Smash and 3D Mario and Mario Kart and Retro's game and (insert whatever else you are personally pumped about here) make it to the marketplace the situation will improve. What's in doubt is the extent. That November 2013 won't have NPD numbers as laughably awful as January 2013 is a given. Whether or not November and December are the start of strong, sustainable sales that completely correct the current trajectory in the long term is another matter entirely.
Yes, there'll be some big, marketable titles people will want to play. But there'll also be two new consoles releasing, and a new GTA, and whatever other big third party titles for current gen systems that won't see a Wii U release due to poor third party support.
Yes, there'll be some big, marketable titles people will want to play. But there'll also be two new consoles releasing, and a new GTA, and whatever other big third party titles for current gen systems that won't see a Wii U release due to poor third party support.
Thanks! Seems like a while from now so I guess we will all have to wait in anticipation! Unless Nintendo are ready to go all out at E3 and be silent until then we should get some info with this on games etc. One can hope!
Visualante2
Member
Does Bloomberg count eShop sales? NO! Didn't think so. This analysis is flawed.