LegendofLex
Member
They seemed to be doing at least moderately less bad, until Fall rolled around and it became really obvious that they were really underperforming.
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Nintendo full year financial results [23.2B yen loss, 3.6M Wii U/12M 3DS forecast]
- Thread starter zomgbbqftw
- Start date
They seemed to be doing at least moderately less bad, until Fall rolled around and it became really obvious that they were really underperforming.
Sectorseven
Member
Rösti;110968966 said:
How about a drinking game?
ElectricBlanketFire
Member
I thought the investor meeting was today 5/7?Rösti;110968966 said:
Warm Machine
Member
Does anyone think a real Legend of Zelda game is going to land on the WiiU now?
Didn't help too much in Europe.
TheGreatMightyPoo
Banned
Yes and it will be shown in a month.
theprodigy
Member
One shot per "Please understand" would kill the whole forum, let's not do that.
Hardware cycles are 5 years. Hardware and software development cycles are 2 - 5 years. It's only 1.5 years into the Wii U life cycle. There's limits to what he can do. More price cuts would increase the losses. He can't magic games up out of nowhere. He probably wouldn't be able to convince Activision to make Destiny a Wii U exclusive.
That's the whole point. Massive change is already built into Nintendo's philosophy so they automatically deal with any difficulties. The alternative would be modest change and that would be seen as weak and not reacting and give less results. Although, the 'modest changes' are being done as well with things like a unified OS, changes to the software pricing model and licensing their characters out.
ElectricBlanketFire
Member
You seem to be set on ignoring his repeated (read: didn't learn a damn thing year after year) failed promises to shareholders.
Dead_Pixel
Banned
Apologies if this has been previously mentioned, but does anyone know when the investors' meeting takes place?
Warm Machine
Member
A high budget 2015 release when the WiiU is in even worse shape? They are not going to cannibalize Hyrule Warriors.
TheGreatMightyPoo
Banned
I'm 90% sure the next real Zelda will be at E3 and for the Wii U.
The only reason I think this is because they said it and they've had shit sales before and they don't listen to messageboard analysts.
PachinkoChampBruh
Member
what happens if zelda doesn't get unveiled at e3?
wait for a direct.
TheGreatMightyPoo
Banned
Bony Manifesto
Member
So what did you mean when you said how the important thing was how he reacted to his mistakes? If Iwata is all but powerless to act until the next hardware generation, then surely it doesn't particularly matter how he reacts to his mistakes, as he's going to be stuck with them for five years no matter what.
Sectorseven
Member
How many copies will a new Zelda game sell? Skyward sword was less than 4 million on a huge install base.
Father_Brain
Banned
Yeah, while we know very little about what QOL actually is, it seems reasonable to conclude from Iwata's comments that it's founded on the notion that there's still an untapped blue ocean in the health/lifestyle market.
That seems extremely dubious, to put it mildly.
Caffeine
Member
less than 2 million. on wii u
sonic boom, fatal frame, yarn yoshi, smt x fe, and secret ps4 game too
I also think that people who expect Nintendo to significantly dial back Wii U software development have missed Iwata's comments about their next handheld absorbing the Wii U's architecture. No matter how poorly the Wii U is doing, everything they invest into the system now will pay off on their future hardware. At worst, Wii U software will be developed with their next handheld's capabilities in mind (less CPU-intensive games, for instance).
In fact, I wouldn't be surprised if the Wii U itself was at least partially designed for a smoother transition into their revamped hardware platform.
In fact, I wouldn't be surprised if the Wii U itself was at least partially designed for a smoother transition into their revamped hardware platform.
Not even gonna speculate, it's a given that Zelda U is Nintendo's front runner of E3 2014.
I wonder if he realizes how ridiculous this comment was, especially after the announcement of the yearly Pokemon game. Of course there's other examples of yearly titles that Nintendo releases, but yeah, it's better to call non-Nintendo games that are released yearly garbage.
In response to someone not worshiping the holy 20 year old Nintendo IPs
I really don't understand how some people are strapping themselves to Nintendo's nipples and saying shit like this...
The reaction is in regards to how the next hardware differs to the current underperforming ones. There's also the possibility of reacting outside the current platforms and he's done that with the QOL. The reaction with both of those has already started in terms of development of new hardware but we won't start seeing the actual results till next year. So it's too early to judge really.
Aquamarine
Member
Nintendo Q4 Investor Presentation + Q&A
05/07/14 / 09:00 PM EDT
Nintendo E3 Digital Event
06/10/14 / 12:00 PM EDT
Iwata's Potential Election to the Board of Directors
Thursday, June 26th, 2014
Warm Machine
Member
I don't think the architecture will be the same, but the tools to build games in house will allow porting to be smooth/simple. Basically a in house Unity that allows the content to be compiled for whatever target hardware they need.
Here's the record of those promises. This is not a company who knows which way the wind blows.
Code:
Forecast May 7 2009 490
Revised Oct 29 2009 370
Actual 356
Forecast May 6 2010 320
Revised Sep 29 2010 210
Actual 171
Forecast Apr 25 2011 175
Revised Jul 28 2011 35
Revised Oct 27 2011 1
Revised Jan 26 2012 (45)
Actual (37)
Forecast Apr 26 2012 35
Revised Oct 24 2012 20
Revised Jan 30 2013 (20)
Actual (36)
Forecast Apr 24 2013 100
Revised Jan 17 2014 (35)
Actual (46)The xbox one was released in November.The WiiU was released in November 2012.Your comparison does not make sense.
AdmiralMikey
Member
Does anyone still think a real Legend of Zelda game is enough to save the Wii U now?
NotMyRealName
Banned
Somebody fire Iwata already. Dude's nothing but a one hit wonder.
Yeah he goes way too far, its kinda frustrating to enjoy Nintendo games and being looped in with comments like this.
That said, calling the a remake after a new series in consecutive years for the first time ever for the series as "yearly titles" is a bit much. Nintendo's desperate for releases and people have wanted a remake of what many are considering the best Pokemon generation.
Come to think of it, can you list any Nintendo franchise that literally had yearly iterations on the same hardware?
One whole year in advance? I highly doubt it. The Wii was supposed to tank and burn.
Dead_Pixel
Banned
Nintendo Q4 Investor Presentation + Q&A
05/07/14 / 09:00 PM EDT
Nintendo E3 Digital Event
06/10/14 / 12:00 PM EDT
Iwata's Potential Election to the Board of Directors
Thursday, June 26th, 2014
Thank you!
ScepticMatt
Member
I'm not to worried about nintendo's future. The numbers look bad because it's a result of poor planning for both the 3ds and WiiU by both the board at Nintendo and to an extent the CEO(Iwata). Better planned products will sell better. The 3ds will sell well,but not amazing at the end of the 8th gen and I don't really care how much the WiiU sells at the end of the day. I do enjoy the games I have for the console so far.I do not think firing Iwata will fix much with Nintendo right now anyway.
Stumpokapow
listen to the mad man
Was it? I think you'd find a diversity of opinions in the immediate run-up to the launch of the Wii; most of the bewildered dismissiveness came in response to the original unveil but the E3 performance definitely made some converts.
mario party was it for a while (i think there was one from 1999-2005). then they stopped when the wii got big. after the wii's sales started to sag, suddenly mario sports came back with a vengeance. really weird how that happened. i mean think about it, no mario tennis or mario golf on the wii (aside from the gamecube rereleases), but there were those games on the 3ds.
CosmicQueso
Member
The strongest possible action would be to have had a winning strategy to begin with, including more titles. Since he didn't do that, the other strongest and clearest reaction that could have been taken would have been to react quickly to market conditions, admitting they had a problem sooner, and engaged on a proactive plan to adapt. None of these things happened.
NO, NO, NO. They have to act now. The reputation is quite poor now with retail, the dev and pub community, and with disengaged fans. Doubling down on this would be the worst thing that could be done. And they don't have 50 years. They're bleeding cash. Just so much wrong with what you're saying.
I appreciate your loyalty, but what you're proposing would be the absolute worst plan they could go forward with.
RoninChaos
Member
Half a billion dollars?
JESUS.
JESUS.
biggersmaller
Banned
Updating some graphs I've maintained out of boredom.
Just a continued trend of year-over-year declines in hardware and software for both of their core markets. They're already projecting a further decline in handheld next year, which I think will be even steeper than they've projected since the trend for the (calendar) year is already quite low, and a slight rebound in home console, which I guess we'll have to see if it will materialize. I personally don't think it will, but then, perhaps some heavy bundling/discounting with Mario Kart and Smash Brothers might help a little bit.
Much thanks for the awesome graphs. They really highlight how much of an outlier Wii was in their home console offerings.
Randolph Freelander
Member
What I find amusing is when they revise estimates after Q3 and still miss. They're entering a slow season, most of the sales are behind them, and they still miss guidance.
Think about it, they adjusted the forecast for 3DS just 3 months ago to 13.5 million. They came in at 12.24 million. But they were sitting at 11.65 million when they amended the forecast! So of the 1.85 million they projected to ship in the final quarter, they shipped only 0.59 million, or 32%. They were 68% off, entering a slow quarter, with retailer orders presumably already in the system.
Either they're bad at forecasts, or maybe they're just lying. Take your pick.
I probably used the wrong words there. I can't think of any consistent yearly Nintendo game on the same platform off the top of my head, but there are times where they release a new game in a franchise every year. Like Kirby, Pokemon, and Mario.
The thing I was highlighting is how he views Nintendo as some demigod of gaming and other companies are automatically inferior and make yearly garbage games.
It's fine to enjoy Nintendo games (I do as well, I'm buying a Wii U for Smash Bros), but there's no need to act the way he does about Nintendo.
Freezie KO
Banned
Well, at least we get an officially-sanctioned Smash Bros. tournament on our way to Hell.
Principate
Saint Titanfall
sure (now more fany with updated Q1 numbers)
Shouldn't GB and GBC be separated? They're not the same system.