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I won't resign, says Iwata
- Thread starter chadskin
- Start date
Umm, have you looked at the stock today? Nintendo is already devalued because of Iwata. And at this rate the company will be gone, not just ruined, gone in 10 years unless drastic changes are implemented.
I really don't understand Nintendo fans who insist they "stay true to their roots" when doing so has led them to where they are now...
Hours Left
Member
The Wii U is an anchor dragging down the whole company, but it's entirely their own fault. The wanted that Wii fever back so bad that they've pushed the company into dire straits to get it, despite the fact that it was plainly obvious to anyone that it won't happen with their current strategy. (Which was basically sit back and do nothing.)
Now they need to get off their behinds and actually try to cater to the people that actually buy systems again, even when it's not "cool" or a fad. The fact that they still don't even have the most rudimentary things like a universal account system is beyond ridiculous.
The DS is the most successful device in gaming history. Those "internal targets" were pretty much 1:1 with what the DS did at the same point in it's life cycle. With the infringement of mobile, you're asking to win the lottery twice by suggesting that any other "decisions" could have duplicated that success.
Let me ask you a question: Was the GBA a huge success?
I don't even think it would be possible for Nintendo to go that far without making changes.
If it was a next gen console I'd bite. Yet I have no interest in buying a machine that has the same power or less as my ps3. Would really wish they'd push a new Tablet with a controller or controller for ipad and iPhone to play their games on. Either that or partner up with Sony...
Hero of Legend
Member
Ha, I had to look this up, and low and behold!
http://www.youtube.com/watch?v=Jqh1rAfOns8
Check out how 3D enhances your GAMESES!
It's silly with Mario constantly going "Amazing!", "Yahoo!".
Wonder if Nintendo should've done this with Wii U? It's VERY detailed.
Only in America. It did well in Japan and mediocre to bad in Europe.
3DS selling on par with PSP doesn't sound very good to me.
Stocks fluctuate all the damn time. Investors don't know what they're doing more than you or I.
Is that really your best response?
No, I'm just tired, I could expand on it more. Their stocks had risen earlier in the week, obviously that made no sense. Stocks go up and down, you can't say a company will be dead in 10 years because of wildly fluctuating stocks. They have 20 billion or so in cash.
A good leader would adapt to changing market conditions. Iwata obviously didn't. That's why they lost the huge customer base they had with the DS. I mean, it's it really surprising that more of the same rehashed concepts don't really set the sales charts on fire?
The GBA was a success in the US, in Europe its sales aren't really that big. Today's mobile gaming market is much larger than back in the day.
The 3DS is a profitable business section, but not nearly the success some want to make it out to be. In fact, it shows once again what's wrong with Nintendo: a lack of foresight, adaptation to a changing market, and customer orientation.
Alright, I am tired. I got the 20 billion number from this, I guess, which isn't the same.
http://www.gamesradar.com/nintendo-doomed-not-likely-just-take-look-how-much-money-its-got-bank/
He's had experience with the 3DS
That really wasn't a "come back". All they had to do was drop price and release a few games and it sold. WiiU on the other hand...people just aren't attracted to the product no matter what game is on it.
Yeah. Honestly, I would be curious to see what would happen if they removed the Gamepad from the box, and sold a $150-199 SKU. How much that would increase sales. If something like that doesn't move boxes (on top of Smash + Mario Kart released), then nothing will. It would show that people are just not interested in Nintendo hardware from a home console perspective.
That's the scary thing, to be quite honest. Are we at a turning point where it doesn't matter anymore, and people overall just aren't interested in a home console for them? What would happen if they revamp, and the whatever they come out with in 5 years (so their next cycle), and that too flops (despite having huge improvements with finally being up to date with their tech and online, and listening to what their core fans want).
It would pretty much be the nail in the coffin, in terms of home console hardware. Now, their handheld has been going strong. And while 3DS is selling below the DS at the same time frame (apart of that is just tablets/mobile eating into that market), I wonder at what point they would finally give up on the home console front. Maybe a solution, is to bridge their home console with their handheld (so their next iteration combines both). I dunno. It's hard to really gauge the market. Personally, I think the Wii U is just a continuation of the N64 and Gamecube's trajectory of selling less and less (I know I've said this before in this thread, but I think the Wii was an outliet, a complete fluke). So if that is the case, then I wouldn't expect the next console after Wii U to sell great either.
you keep saying that and pad the shoulders of the Nintendo executives like a job well done. As soon as Apple drop the price of new iPod touch to 99 or make a low end 99 dollar version, 3ds is dead.
IncandescentPrecept
Banned
The most successful device is the PS2.
SporeCrawler
Member
wii was hardly a mess though
Its been pretty clear to me for years that Iwata as incompetent and bad CEO.
Just listening to him talk and the comments he made, just clueless.
My only hope for Nintendo now is that Iwata rail roads the company into the ground so he and the current board are ejected. The only way Nintendo as a company will ever bounce back is with a fresh new CEO and board. The current board are just as much as fault as Iwata, and its evident that no new CEO could enact big change and turn the company around with the old dinosaurs and fossils on the board.
Just listening to him talk and the comments he made, just clueless.
My only hope for Nintendo now is that Iwata rail roads the company into the ground so he and the current board are ejected. The only way Nintendo as a company will ever bounce back is with a fresh new CEO and board. The current board are just as much as fault as Iwata, and its evident that no new CEO could enact big change and turn the company around with the old dinosaurs and fossils on the board.
lwilliams3
Member
People keeps saying things like this, but what are these "same excuses" and "empty promises" that you and others are referring to? If they are talking about the ones addressing the launch of the 3DS, the issues that plague the Wii U were already late in development during that time. In fact, the Wii U launch wasn't the issue at all, and Nintendo did launch with a Mario game. Iwata is often very blunt and honest and follows through with what Nintendo's strategy is. The issue was the strategy itself. That's why alot of people accurately predicted what Nintendo's problems will be; Iwata directly stated what they are doing.
Having said that, I don't think we can conclude that Iwata's statement doesn't have any teeth.
Is this supposed to be impressive?
The 3DS sold better than a pair of 7-8 year-old consoles and another pair of consoles that didn't launch until October?
lwilliams3
Member
Compare it to how it was looking during its launch period, the 3DS recovered very well, and it's doubtful that Apple can "kill" the 3DS due to its stable userbase and consistent support before its 5 year lifespand. The alarming issue is the shrinking of the handheld portable industry, and the 3DS seems to be only slowing it down. Vita, ironically, has troubling even existing in this new era. Nintendo is looking at the future and seeing that changes will have to be done.
That may reflect more about the American gaming industry itself than just the 3DS. We will see what will happen next year with the PS4/XBO sales, but the quicker-than-expected collapse of current-gen systems raised some eyebrows.
Metallix87
Member
Honestly, I felt that they should have used the name Nintendo Revolution for the Wii U, and put an emphasis on online and community, and make the name not just about the controller and Off-TV gameplay, but also about Nintendo revolutionizing social gaming with Miiverse.
The name is powerful, and I think would've attracted a lot of core gamers who felt burned on the "revolution" promise of the Wii.
Quicker than expected? Last gen lasted 8 bloody years! There's no such thing as a "quicker-than-expected collapse" in reference to last gen unless you're talking about how the bottom completely fell out from under the original Wii. The PS3 and 360 are selling admirably, and the fact that they're still selling what they are damn-near a decade into their life cycles and against stiff new competition is nothing short of impressive.
Justagamer80
Banned
Quicker than expected collapse? What? Its been 8 years!! The PS4/XBO are selling so much better than the Wii U and its been 2 months. The problem isn't console gaming it was the Wii U.
So your response to the claim saying they were out-of-touch with their predictions is to basically admit that they were completely out-of-touch with their predictions?
itsgoodmetal
Neo Member
When Iwata finally resigns: "I don't recall saying I wouldn't resign!"
Why? I thought the purpose of a video game machine was... to.. you know... play video games?
Graphics Horse
Member
Mid-Late November..
Thunder Monkey
Banned
The reason it and WiiU aren't doing remarkable is not because of naming conventions or consumer confusion.
The reason is the market for casual gaming has moved. This has held true for three prior viable markets consecutively. Nintendo handhelds hold a fraction of the position they once did, Sony's is completely nonexistent, and Nintendo's home consoles are just this side of nonexistent.
The products weren't perfect, but this level of change shows us something endemic at work. The more casual dedicated gaming system buyer has left the dedicated gaming market. I'm pretty damn sure it's because their needs are being met on their phones and tablets.
And though it gets me ire for writing it I do not think PS4 and One are safe from this. They've had great launches. But are those late adopters going to be there? Those that take over in year two and three and drive the vast majority of console growth? Are they gone as well?
striferser
Huge Nickleback Fan
Let see how he fix this sticky situation.
Justagamer80
Banned
So why does the Wii U have other capabilities!? Why did Nintendo even build it at PS3 level then? Why not make it as powerful as the SNES? Why add the TVii app? I mean if the only thing that matters is playing games...
The Horror the horror
Banned
Why?
It's difficult to say because the Wii U isn't well-designed for the casual audience either. The gamepad doesn't have the same appealing accessibility as motion controls.
So even if the general public were still interested in console gaming, I don't think they'd be impressed by the Wii U.
This isn't sad at all.
Thunder Monkey
Banned
I honestly don't think it would have mattered.
Just like with the casual focus shift the Playstation brought to the market you can't stop a tsunami with buckets. I'd wager this is a sea change event for the gaming industry. The end of dedicated gaming systems. Because the people that spur the growth of the industry (those casual less dedicated) are getting "good enough" software for 99 cents.
The entire market will look vastly different in a decade. I doubt any of the three are still manufacturing consoles by then. Instead becoming service or software providers for the new gaming giants.
maquiladora
Member
Rush development of puzzle/turn based games for ios/android using Nintendo IP's.
When the money starts rolling in they'll be wondering why they didn't start it sooner.
Strangely enough, I think this is where Sony and MS' emphases on graphics will actually serve them well over time. As long as consoles are the place for the average gamer to get intense, complex and cinematic gaming experiences, I think there will be an audience for HD consoles. And, despite Nintendo's whining, we've yet to see the demand for those kinds of gaming experiences die. People still want mature titles, and in bigger numbers than ever before. And you still can't really get those experiences on tablets and smart phones.
The fragmentation of the mobile market pretty much guarantees that they'll never be able to take on consoles in a calculated, coordinated way. At least, not any time soon. I agree that day WILL come, but not soon enough to present a problem for this gen.
Of course 3DS is the best selling platform of the year. It had no competition from Vita and the consoles are either ancient or too new. If I told you 3DS won't be the top selling platform this year, would you disagree? That honor will most likely go to PS4. The worst thing is that 3DS might be down YoY again this year. There's no way 2014s launch line-up can beat 2013s.
vagabondarts
Member
Valve and EA? Or are you thinking someone else?
You may well be right.
H_Prestige
Banned
I don't see any indication of that happening. Cheap phone games aren't a brand new phenomenon that started last year. They've been a thing throughout the entirety of the ps360 gen. Yet console sales only increased over the previous gen, with people buying AAA games by the boatload. Smartphone gaming hasn't hurt console gaming one bit.
You said it yourself, these consoles had history launches for their respective brands. You don't do that selling purely to the core gamer. PS4 is at Wii-levels of hype(and sales) and its still not even at mass-market price.
As for how well these consoles will do in a few years, they'll do really well. GTA V proved that this industry is far from dead and its still growing. So did The Last Of Us. A new IP launched in PS3s final year of the gen that sold incredibly well. Again, you don't sell that good without appealing to the casual market.
Dimitri LH
Member
Great to know, screw the haters.
Exactly.
MS and Sony marketing their platforms as the place for big, cinematic gaming experiences is going to be the very thing that saves them from the onslaught of easily accessible, bite-sized games on mobile.
The very thing that Nintendo would have you believe is killing gaming. I'm dying over here.
But PS4 and Xbox One aren't dedicated gaming systems. They are entertainment centers. Movies/Music/TV/Games. They do it all.
As for those not willing to buy $60 games, free to play is already on console. So are $20 and $40 games.(Minecraft/Ground Zeroes). Business models ARE evolving in the console market. The market is already looks way different than it was during the PS2 days.
There will always be need for hardware, at least in the near-future. Sony in particular does a lot of business with Playstation in 3rd world countries where digital isn't even an option. As for the "new gaming giants", I assume you mean Apple or Google? Neither of them seem to have much interest in gaming. People have been saying for years how Apple will disrupt the market once they enter it, it never happened. Probably never will.