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Nintendo's share price is falling faster than a leaf in autumn. Why? The industry is pointing the finger at the poor sales of the Gamecube, citing all the surplus stock sitting on the warehouse shelves.
Nintendo are a big company, of course, but they are pretty worried about the fairly hefty fall in their company's profits by about 37 percent. Even their usual fallback on the handheld market is now being threatened by Sony's new handheld Playstation, currently being readied for release over the next year, and their Pokemon franchise, which is slowing down of late.
The news is that they want to ditch the Cube and try again, but doing this would drastically affect their company image. This was a company founded on trust, when they took back faulty NES consoles without arguement and replaced them with new ones in Japan it made their sales jump through the roof.
Whatever way they decide to stay afloat, it looks bad for the true gamers who were hoping and believing that there could be room for 3 consoles in the market. E3 showed that some companies are cutting back again on their Gamecube titles, despite earlier efforts from Nintendo to gain support from big players like EA Games. We'll just have to wait and see what happens.
Nintendo are a big company, of course, but they are pretty worried about the fairly hefty fall in their company's profits by about 37 percent. Even their usual fallback on the handheld market is now being threatened by Sony's new handheld Playstation, currently being readied for release over the next year, and their Pokemon franchise, which is slowing down of late.
The news is that they want to ditch the Cube and try again, but doing this would drastically affect their company image. This was a company founded on trust, when they took back faulty NES consoles without arguement and replaced them with new ones in Japan it made their sales jump through the roof.
Whatever way they decide to stay afloat, it looks bad for the true gamers who were hoping and believing that there could be room for 3 consoles in the market. E3 showed that some companies are cutting back again on their Gamecube titles, despite earlier efforts from Nintendo to gain support from big players like EA Games. We'll just have to wait and see what happens.
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maddmun wrote:
> Updated wrote:
> So Nintendo struggling. There are a number of reasons.
>
> 1) PS2
> PS2 came out first, and GC is not that much better, so people have
> not
> seen GC as an "upgrade" that need to buy.
>
> The GAmecube is far superior in hardware specs. BUt, few people know
> this. Less "hardcore" gamers by the
> PS2 in favor of most EA games plus GTA, whereas most gamers who buy
> the Gamecube, buy it for the Nintendo first party games.
That is probaly true, and GC is faster, but it's not enough. GC had to be drastically quicker - like many times over in real terms - then the games would have really looked A LOT better, so much better that people would have taken notice!
> 2) 3 way console battle.
> Simple, the more "players" there are grabbing buyers, the
> smaller each share will be. GC was not best placed here since many
> had
> already bought PS2, leaving less potential buyers.
>
> Players? WHat are you talking about?
3 way console battle - Sony, Microsoft, Nintendo.
> 3) Games (some of them).
> While Nintendo have made some moves to expand it's games and attract
> more users (hence, more "ported" games from PS2, XBox), it
> still has many games which usually appeal to younger gamers. These
> are
> the ones without the "disposable income". So as a result,
> they have to hope their parents will get them the game. Parents
> being
> parents, the buying rate maybe lower (some parents don't
> "understand" games, can't afford them, etc). PS2, and XBox
> appeal to older gamers (notice the increase in "adult"
> games
> recently). These people are more likely to splash the cash, and
> "impulse buy". This is where the money is made.
>
> I don't know any person with a Gamecube that is a kid.
> Ironically, it's usually children with PS2's that say this.
How many "kids" are playing The Getaway? How many parents would buy their younger kids a PS2 once they saw "adult" games like The Getaway?
> 5) Rip off prices.
> Not now, but a number of years ago. This was well reported several
> months back. N64 stuff being sold at artificial high prices,
> although
> (ironically), I don't think the UK had the problem - but thats not
> really the point. Nintendo were naughty. This is more of a problem
> for
> them due to their "soft" image. Nobody would be surprised
> if
> the same was said about Microsoft and the XBox.
>
> But no casual gamer knows these things. It was in mainland Eurpoe, where Nintendo kept the prices at the same value in each country so that people wouldn't travel to other countries nearby to get it cheaper.
Even only "some people" knew about it, it can't be a good thing. A few more people lost from an ever shrinking pool of potential customers, that Nintendo can ill afford to lose!
> Updated wrote:
> So Nintendo struggling. There are a number of reasons.
>
> 1) PS2
> PS2 came out first, and GC is not that much better, so people have
> not
> seen GC as an "upgrade" that need to buy.
>
> The GAmecube is far superior in hardware specs. BUt, few people know
> this. Less "hardcore" gamers by the
> PS2 in favor of most EA games plus GTA, whereas most gamers who buy
> the Gamecube, buy it for the Nintendo first party games.
That is probaly true, and GC is faster, but it's not enough. GC had to be drastically quicker - like many times over in real terms - then the games would have really looked A LOT better, so much better that people would have taken notice!
> 2) 3 way console battle.
> Simple, the more "players" there are grabbing buyers, the
> smaller each share will be. GC was not best placed here since many
> had
> already bought PS2, leaving less potential buyers.
>
> Players? WHat are you talking about?
3 way console battle - Sony, Microsoft, Nintendo.
> 3) Games (some of them).
> While Nintendo have made some moves to expand it's games and attract
> more users (hence, more "ported" games from PS2, XBox), it
> still has many games which usually appeal to younger gamers. These
> are
> the ones without the "disposable income". So as a result,
> they have to hope their parents will get them the game. Parents
> being
> parents, the buying rate maybe lower (some parents don't
> "understand" games, can't afford them, etc). PS2, and XBox
> appeal to older gamers (notice the increase in "adult"
> games
> recently). These people are more likely to splash the cash, and
> "impulse buy". This is where the money is made.
>
> I don't know any person with a Gamecube that is a kid.
> Ironically, it's usually children with PS2's that say this.
How many "kids" are playing The Getaway? How many parents would buy their younger kids a PS2 once they saw "adult" games like The Getaway?
> 5) Rip off prices.
> Not now, but a number of years ago. This was well reported several
> months back. N64 stuff being sold at artificial high prices,
> although
> (ironically), I don't think the UK had the problem - but thats not
> really the point. Nintendo were naughty. This is more of a problem
> for
> them due to their "soft" image. Nobody would be surprised
> if
> the same was said about Microsoft and the XBox.
>
> But no casual gamer knows these things. It was in mainland Eurpoe, where Nintendo kept the prices at the same value in each country so that people wouldn't travel to other countries nearby to get it cheaper.
Even only "some people" knew about it, it can't be a good thing. A few more people lost from an ever shrinking pool of potential customers, that Nintendo can ill afford to lose!
AliBoy wrote:
> I ask you all this. Be honset to when answering
>
> For those who own a gamecube have you owned a Nintendo console in the
> past?
> Also why did you want one.
> For those who don't what reason(s) do you have for not wanting/owning
> one?
I am getting a GC soon (ina few days, so lets just say i have one). I owned a SNES but admitedly i didnt pay too much attention to it due to my mass of MegaDrive games and then my purchase of a PS.
I want a GC because i have a PS2 and as much as i love my PS2 i feel the need for gaming variation, having more than one console will do this. I dont want an x-box at the moment because im not much of a fan (i prefer the gaming style of the GC) so i will purchase a GC as i like many of the current games as well as looking forward to many games to come.
> I ask you all this. Be honset to when answering
>
> For those who own a gamecube have you owned a Nintendo console in the
> past?
> Also why did you want one.
> For those who don't what reason(s) do you have for not wanting/owning
> one?
I am getting a GC soon (ina few days, so lets just say i have one). I owned a SNES but admitedly i didnt pay too much attention to it due to my mass of MegaDrive games and then my purchase of a PS.
I want a GC because i have a PS2 and as much as i love my PS2 i feel the need for gaming variation, having more than one console will do this. I dont want an x-box at the moment because im not much of a fan (i prefer the gaming style of the GC) so i will purchase a GC as i like many of the current games as well as looking forward to many games to come.
Updated wrote:
PS2, and XBox
> appeal to older gamers (notice the increase in "adult" games
> recently). These people are more likely to splash the cash, and
> "impulse buy". This is where the money is made.
That's bullsh*t man.
The fact is that younger console buyers are drawn to the PS2 with promise of being 'cool' and buying mature games. I bet if you did a survey of all PS2 owners and all the Cube owners, there'd be just as high percentage if not higher of older Cube owners as there are on PS2. I seem to remember reading somewhere that in terms of software sales, Cube owners own more games than PS2 and Xbox users. The majority of PS2 owners are casual gamers who will buy maybe 4 games a year, when they can be bothered.
The fact is that a lot of Cube's target audience will be people who have grown up with Nintendo all their life and are my definition of hardcore gamers..
PS2, and XBox
> appeal to older gamers (notice the increase in "adult" games
> recently). These people are more likely to splash the cash, and
> "impulse buy". This is where the money is made.
That's bullsh*t man.
The fact is that younger console buyers are drawn to the PS2 with promise of being 'cool' and buying mature games. I bet if you did a survey of all PS2 owners and all the Cube owners, there'd be just as high percentage if not higher of older Cube owners as there are on PS2. I seem to remember reading somewhere that in terms of software sales, Cube owners own more games than PS2 and Xbox users. The majority of PS2 owners are casual gamers who will buy maybe 4 games a year, when they can be bothered.
The fact is that a lot of Cube's target audience will be people who have grown up with Nintendo all their life and are my definition of hardcore gamers..
Updated wrote:
> So Nintendo struggling. There are a number of reasons.
>
> 1) PS2
> PS2 came out first, and GC is not that much better, so people have not
> seen GC as an "upgrade" that need to buy.
The GAmecube is far superior in hardware specs. BUt, few people know this. Less "hardcore" gamers by the
PS2 in favor of most EA games plus GTA, whereas most gamers who buy the Gamecube, buy it for the Nintendo first party games.
> 2) 3 way console battle.
> Simple, the more "players" there are grabbing buyers, the
> smaller each share will be. GC was not best placed here since many had
> already bought PS2, leaving less potential buyers.
Players? WHat are you talking about?
> 3) Games (some of them).
> While Nintendo have made some moves to expand it's games and attract
> more users (hence, more "ported" games from PS2, XBox), it
> still has many games which usually appeal to younger gamers. These are
> the ones without the "disposable income". So as a result,
> they have to hope their parents will get them the game. Parents being
> parents, the buying rate maybe lower (some parents don't
> "understand" games, can't afford them, etc). PS2, and XBox
> appeal to older gamers (notice the increase in "adult" games
> recently). These people are more likely to splash the cash, and
> "impulse buy". This is where the money is made.
I don't know any person with a Gamecube that is a kid.
Ironically, it's usually children with PS2's that say this.
> 5) Rip off prices.
> Not now, but a number of years ago. This was well reported several
> months back. N64 stuff being sold at artificial high prices, although
> (ironically), I don't think the UK had the problem - but thats not
> really the point. Nintendo were naughty. This is more of a problem for
> them due to their "soft" image. Nobody would be surprised if
> the same was said about Microsoft and the XBox.
But no casual gamer knows these things. It was in mainland Eurpoe, where Nintendo kept the prices at the same value in each country so that people wouldn't travel to other countries nearby to get it cheaper.
> So Nintendo struggling. There are a number of reasons.
>
> 1) PS2
> PS2 came out first, and GC is not that much better, so people have not
> seen GC as an "upgrade" that need to buy.
The GAmecube is far superior in hardware specs. BUt, few people know this. Less "hardcore" gamers by the
PS2 in favor of most EA games plus GTA, whereas most gamers who buy the Gamecube, buy it for the Nintendo first party games.
> 2) 3 way console battle.
> Simple, the more "players" there are grabbing buyers, the
> smaller each share will be. GC was not best placed here since many had
> already bought PS2, leaving less potential buyers.
Players? WHat are you talking about?
> 3) Games (some of them).
> While Nintendo have made some moves to expand it's games and attract
> more users (hence, more "ported" games from PS2, XBox), it
> still has many games which usually appeal to younger gamers. These are
> the ones without the "disposable income". So as a result,
> they have to hope their parents will get them the game. Parents being
> parents, the buying rate maybe lower (some parents don't
> "understand" games, can't afford them, etc). PS2, and XBox
> appeal to older gamers (notice the increase in "adult" games
> recently). These people are more likely to splash the cash, and
> "impulse buy". This is where the money is made.
I don't know any person with a Gamecube that is a kid.
Ironically, it's usually children with PS2's that say this.
> 5) Rip off prices.
> Not now, but a number of years ago. This was well reported several
> months back. N64 stuff being sold at artificial high prices, although
> (ironically), I don't think the UK had the problem - but thats not
> really the point. Nintendo were naughty. This is more of a problem for
> them due to their "soft" image. Nobody would be surprised if
> the same was said about Microsoft and the XBox.
But no casual gamer knows these things. It was in mainland Eurpoe, where Nintendo kept the prices at the same value in each country so that people wouldn't travel to other countries nearby to get it cheaper.
For those who own a gamecube have you owned a Nintendo console in the past?
Yup, NES, SNES and Gameboy
Also why did you want one.
I had more hours of fun on my friends 3 N64 game, than I had on my 17 PS1 games, as well as preferring my SNES to any console ever, closely followed bythe NES.
I do also have a PS2, but I find that I play it very little.
Yup, NES, SNES and Gameboy
Also why did you want one.
I had more hours of fun on my friends 3 N64 game, than I had on my 17 PS1 games, as well as preferring my SNES to any console ever, closely followed bythe NES.
I do also have a PS2, but I find that I play it very little.
What do you expect us to do then - go down to Nintendo Europe and give them a cash donation?
Fact is, us discussing them makes no difference to Nintendo's finances. It's called a discussion forum, we discuss things.
Fact is, us discussing them makes no difference to Nintendo's finances. It's called a discussion forum, we discuss things.
It's not all doom and gloom though. Okay, profits are down and share prices have plummeted, but they're still making a profit, unlike their rivals.
Either way, it doesn't really matter as long as they keep on churning out great games...and since i won't see a penny of those profits anyway, I don't really care.
Either way, it doesn't really matter as long as they keep on churning out great games...and since i won't see a penny of those profits anyway, I don't really care.
So Nintendo struggling. There are a number of reasons.
1) PS2
PS2 came out first, and GC is not that much better, so people have not seen GC as an "upgrade" that need to buy.
2) 3 way console battle.
Simple, the more "players" there are grabbing buyers, the smaller each share will be. GC was not best placed here since many had already bought PS2, leaving less potential buyers.
3) Games (some of them).
While Nintendo have made some moves to expand it's games and attract more users (hence, more "ported" games from PS2, XBox), it still has many games which usually appeal to younger gamers. These are the ones without the "disposable income". So as a result, they have to hope their parents will get them the game. Parents being parents, the buying rate maybe lower (some parents don't "understand" games, can't afford them, etc). PS2, and XBox appeal to older gamers (notice the increase in "adult" games recently). These people are more likely to splash the cash, and "impulse buy". This is where the money is made.
4) No DVD.
Most popular format ever - and Nintendo ignore it and go down the route of "custom" technology - just like when Sony brought out their CD based PS, and Nintendo brought out another cart system. History is repeating it's self. PS2 can play DVD movies as a bonus - even if their is a DVD player in the main room of the house, the PS2 is often used in another room, so having DVD movies there as well is desirable for many people. DVD-ROM games can be much bigger than GC games. Can't imagine the Getaway on a single GC disc. And even if that doesn't convince you, the fact is that the press and other media will always rate PS2 above GC due to it's DVD drive. As a result, for every 1 person that is not bothered about it, 10 more people will be.
5) Rip off prices.
Not now, but a number of years ago. This was well reported several months back. N64 stuff being sold at artificial high prices, although (ironically), I don't think the UK had the problem - but thats not really the point. Nintendo were naughty. This is more of a problem for them due to their "soft" image. Nobody would be surprised if the same was said about Microsoft and the XBox.
That is going to wind some people up, but the truth is, I don't wan't to see Nintendo go away or go into software only. That would limit choice to the consumers. GC is not a bad machine, it's just not the one most people wan't.
1) PS2
PS2 came out first, and GC is not that much better, so people have not seen GC as an "upgrade" that need to buy.
2) 3 way console battle.
Simple, the more "players" there are grabbing buyers, the smaller each share will be. GC was not best placed here since many had already bought PS2, leaving less potential buyers.
3) Games (some of them).
While Nintendo have made some moves to expand it's games and attract more users (hence, more "ported" games from PS2, XBox), it still has many games which usually appeal to younger gamers. These are the ones without the "disposable income". So as a result, they have to hope their parents will get them the game. Parents being parents, the buying rate maybe lower (some parents don't "understand" games, can't afford them, etc). PS2, and XBox appeal to older gamers (notice the increase in "adult" games recently). These people are more likely to splash the cash, and "impulse buy". This is where the money is made.
4) No DVD.
Most popular format ever - and Nintendo ignore it and go down the route of "custom" technology - just like when Sony brought out their CD based PS, and Nintendo brought out another cart system. History is repeating it's self. PS2 can play DVD movies as a bonus - even if their is a DVD player in the main room of the house, the PS2 is often used in another room, so having DVD movies there as well is desirable for many people. DVD-ROM games can be much bigger than GC games. Can't imagine the Getaway on a single GC disc. And even if that doesn't convince you, the fact is that the press and other media will always rate PS2 above GC due to it's DVD drive. As a result, for every 1 person that is not bothered about it, 10 more people will be.
5) Rip off prices.
Not now, but a number of years ago. This was well reported several months back. N64 stuff being sold at artificial high prices, although (ironically), I don't think the UK had the problem - but thats not really the point. Nintendo were naughty. This is more of a problem for them due to their "soft" image. Nobody would be surprised if the same was said about Microsoft and the XBox.
That is going to wind some people up, but the truth is, I don't wan't to see Nintendo go away or go into software only. That would limit choice to the consumers. GC is not a bad machine, it's just not the one most people wan't.
See, all this reasoning and discussion is well and good, with arguments and counter-points being offered.
But it doesn't detract from the the fact that share prices are plummeting and even the CEO admitted they "needed to do more".
That's not the admittance from some forum geeks, that the guy that steers the ship saying "Erm...oh dear"
But it doesn't detract from the the fact that share prices are plummeting and even the CEO admitted they "needed to do more".
That's not the admittance from some forum geeks, that the guy that steers the ship saying "Erm...oh dear"
Shocktrooper wrote:
> Didn't Nintendo win a lawsuit which granted them to 10% of Sony's
> profits made on the PS2?
>
> Can't be that bad can it?
Can anyone give me a link where I can find information about this?
I like my gaming history.
> Didn't Nintendo win a lawsuit which granted them to 10% of Sony's
> profits made on the PS2?
>
> Can't be that bad can it?
Can anyone give me a link where I can find information about this?
I like my gaming history.
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