Duxxy3 said:
If the drop was for nintendo's disinterest in non-japanese markets i'd probably side with the investors, but it's not. It dropped because they are disappointed that nintendo isn't a third party developer for apple.
It's not going to happen. If investors really want that to happen they should just jump ship now. Yamauchi will burn that bitch to the ground before they get to that point.
It's not that at all. Well it sort of is but at the start it's that Nintendo's sales will not match the past, so the stock needs to go down as Nintendo will not be raking in as much cash as before. Now some vocally oppose that and want it to continue to go up while others have thankfully bailed. It's about making money not buying into a favorite company of yours just to be a part of it.
But that aside it's not just that Nintendo isn't releasing anything for iOS it's that Nintendo has no desire to counter it with anything competent of its own. This doesn't mean that they need to make their own phone but their DSi/eShop is total ass, it is not a competitor, it is not attracting the same amount of apps, the same amount of customers nor the same amount of attach rate amongst the users it does have. It's shit. it was shit on the Wii as Wiiware, it was shit on the DSi as DSiware and now it is shit on the 3DS. Nintendo is not executing.
Nor is Nintendo executing on cross platform interoperability. Windows Live has some features that work on their smartphone platform, PSN is fairly consistent between the PSP and the PS3 along with a usable PC option for the store along with an admittedly weak first foray but a foray nonetheless in bringing the Playstation brand to the phone, Nintendo has none of this. Again Nintendo is not executing.
Nintendo brought a lot of casuals to the table with the DS and Wii and where are the titles for them? Where's Brain Age and Wiisports? Again Nintendo is not executing.
The 3DS launched at a higher price point than all its predecessors and now the talk is that the Wii will also probably be more. Now Nintendo is taking a loss on every 3DS sold not to mention has came out with a ridiculous add-on within a year of it's life. Not learning from competitors' past mistakes and the original 3DS price point placed it above the casual market.
So take that into account and you have a situation where last generation Nintendo failed to secure the "core gamer" but got the casual gamer, now Nintendo wants to get the core gamer but is now seen to be abandoning the casual gamer. Problem with this is Nintendo never had the "core gamer" they had Nintendo fans. The Wii-U will likely again be the last choice for the console "core gamer," Nintendo was always all but guaranteed the Nintendo fan and now they're seemingly ditching the casual gamer. At that rate it is impossible for Nintendo to reach the height they were before let alone go further up.
Now if this were a single generation, eh, who cares right except the mobile market will continue to get eaten away by smartphones. Right now I can buy something on the Apple Appstore and play it on an iPhone, iPod and the Ipod. That's right, there's tons of apps that have a universal app for all the iDevices that you can play anywhere on any iDevice without rebuying. Many games on these platforms have cloud syncing as well! Same thing for Android. Apple has an excellent groundwork set up where people get trapped in by the amount of money they spent on their iOS devices. Nintendo could have that except they throw out their system and past each other generation to just resell the titles to you again at full price. If you have to lose your progress every generation what's keeping the casual with Nintendo? Nothing. Now Google's getting it set up too, laying the groundwork. Sony's got it set up on the PS3 and PSP and has started with phones.
So it's not just that Nintendo is under-performing against prior years it is that by all accounts they are going to under-perform every generation going forward. Their mobile share will no longer be a sacred cash cow that they can always rely on like in the past and they've been essentially third place amongst gamers since the N64. There will always be a handheld market so long as companies bother to keep it going but it will continue to shrink until it's a lot smaller than it is now, will that mobile market still be worth Nintendo releasing dedicated machines? Who knows. The console market will fare better but on that front can Nintendo actually compete with Sony and MS? Much like the smartphone market people are getting trapped by the amount of money and the friends they have on that platform. It's no longer just the games you bought at retail that you may give up when you buy a new system but the friends list, DLC, tons of digital only content, it's essentially an online identity you're throwing away now. And besides, gamers expect these to carry over to some degree with each system. Nintendo can't even enable shit like moving content from one Wii or 3DS to another yet while the competitors allow that and more, like moving it from one platform to another in Sony and Apple's case.
So the investors are stupid in what they want Nintendo to do for fast cash but they are right to say that Nintendo is not only under-performing now but under their current leadership with their current philosophy has no chance of ever being back where they were a year or two ago.
