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I know some of you will point out the fact that, in spite of the loss compared to last year's earnings, Nintendo has still accrued a profit to the tune of $600,000,000. While that is a large sum of money it needs to be realized that the amount of that profit is not too far from being HALF of their previous year's profits. That means that Nintendo has that much money LESS to put into things like research and development for things like new games and new systems. Also, game companies are less likely to put their time and money into a company that posts losses as massive as 43%. If this trend continues, it could have some nasty repercussions. People could lose their jobs (I feel sure some heads have already rolled after the news of a profit loss this significant), for one thing. And companies will not want to invest in another company that will not post a meaningful profit for their efforts. So yeah, Nintendo still posted a profit. But when that profit is in the shadow of a previous year that was 43% HIGHER, then the 'profit' tends to lose significance. Just some things to consider.
The Gamecube is costing Nintendo big and sagging sales are a large part of their problem, ditch the deadwood before it's to late.
The Gamecube is costing Nintendo big and sagging sales are a large part of their problem, ditch the deadwood before it's to late.
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Tscore05 wrote:
> that posts losses as massive as 43%.
> profit is in the shadow of a previous year that was 43% HIGHER
Urgh - think about it.
How can they both be true?
> that posts losses as massive as 43%.
> profit is in the shadow of a previous year that was 43% HIGHER
Urgh - think about it.
How can they both be true?
Yep. I find the 'apparent' news that the N64 did better in Japan than the cube to be quite puzzling.
Nintendo were getting stuffed in Japan over the N64 but with the Cube I thought they reclaimed a large amount of territory. Are you saying they haven't Dringo? Or if you're not saying that then what exactly are you saying?
Nintendo were getting stuffed in Japan over the N64 but with the Cube I thought they reclaimed a large amount of territory. Are you saying they haven't Dringo? Or if you're not saying that then what exactly are you saying?
BAsically, Hedfix is saying that as good as it did, it could've done a WHOLE lot better if Nintendo hadn't spent the first 6 months faffing around!
At the start or midway through it's lifespan?
Hedfix wrote:
> People returned it in large numbers in Japan.
>
> Not a good start. It never fully recovered in Japan, although Pokemon
> helped a lot.
The N64 performed well though, that's the main thing, it performed well. Far better than the Gamecube is.
> People returned it in large numbers in Japan.
>
> Not a good start. It never fully recovered in Japan, although Pokemon
> helped a lot.
The N64 performed well though, that's the main thing, it performed well. Far better than the Gamecube is.
People returned it in large numbers in Japan.
Not a good start. It never fully recovered in Japan, although Pokemon helped a lot.
Not a good start. It never fully recovered in Japan, although Pokemon helped a lot.
Hedfix wrote:
> This is what killed the N64 in Japan. No new games so people returned
> their N64's.
>
> LEARN you crazy b@stards, LEARN!!!11111
The N64 died? I'm pretty sure it was a very successful console.
It is true there were not many games last year, there were a few, more than during the N64 "droughts" but not as many as there will be this year.
> This is what killed the N64 in Japan. No new games so people returned
> their N64's.
>
> LEARN you crazy b@stards, LEARN!!!11111
The N64 died? I'm pretty sure it was a very successful console.
It is true there were not many games last year, there were a few, more than during the N64 "droughts" but not as many as there will be this year.
I blame the Yen.
Dringo wrote:
>
> The reason given for this by the company was surprisingly frank:
> there just isn't much software available for the machine, with
> Nintendo having decided to hold back release of new titles for the
> unit until the new business year.
This is what killed the N64 in Japan. No new games so people returned their N64's.
LEARN you crazy b@stards, LEARN!!!11111
>
> The reason given for this by the company was surprisingly frank:
> there just isn't much software available for the machine, with
> Nintendo having decided to hold back release of new titles for the
> unit until the new business year.
This is what killed the N64 in Japan. No new games so people returned their N64's.
LEARN you crazy b@stards, LEARN!!!11111
According to Reuters, who did some rather confusing maths, estimated group net profit for the three months ending 2004 was down by 43%. Shares in the company fell by 2.3% on the announcement of the figures revision.
This cloud does however have a silver lining: DS Hardware sales forecasts are up again, now to 6 million units from 5 million previously predicted. That said, sofware sales forecasts have been revised down to 10 million.
The reason given for this by the company was surprisingly frank: there just isn't much software available for the machine, with Nintendo having decided to hold back release of new titles for the unit until the new business year.
This cloud does however have a silver lining: DS Hardware sales forecasts are up again, now to 6 million units from 5 million previously predicted. That said, sofware sales forecasts have been revised down to 10 million.
The reason given for this by the company was surprisingly frank: there just isn't much software available for the machine, with Nintendo having decided to hold back release of new titles for the unit until the new business year.
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