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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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Ninty's profit of £500M still looks pretty healthy to me...
oh, and dont forget about this....
"Sony has also taken a drubbing in the market in recent weeks after troubles outside the games sector dragged it to its worst quarterly loss in January-March in more than eight years.
Sony has lost 38.7 percent of its value since the start of the year while Nintendo has fallen 25.6 percent."
Nintendo's share price was @ a similar price in 1999 (10,000 yen) but shot up to (25,000) within the next year.
Oh, and ninty shares were up 2.85% @ last close...
oh, and dont forget about this....
"Sony has also taken a drubbing in the market in recent weeks after troubles outside the games sector dragged it to its worst quarterly loss in January-March in more than eight years.
Sony has lost 38.7 percent of its value since the start of the year while Nintendo has fallen 25.6 percent."
Nintendo's share price was @ a similar price in 1999 (10,000 yen) but shot up to (25,000) within the next year.
Oh, and ninty shares were up 2.85% @ last close...
Tiltawhirl wrote:
> Much the same as the Resident Evil remake and new
> games have brought the Cube to people who would have most likely
> ignored it otherwise.
But then I was reading recently that neither the Resi remake nor Resi Zero have sold anywhere near the quantities that the series sold on PS1/PS2, and that Capcom are now rethinking their 'exclusive' deal with the possibility of Zero and 4 appearing on (at least) PS2 also.
As it is, the series isn't exactly 'exclusive' to GC anyway - only individual titles. In fact, only Zero and 4 are truly exclusive; apart from a few changes, you can get Resi 1, 2, 3 and CV for PS2 (1 to 3 being PSone titles, playable on PS2 - graphically inferior, but just as creepy and just as playable). Resident Evil: Dead Aim is out on PS2 soon, and Resi Online is coming - and looking every bit as good as the the Resi remake and Zero. Both of which I have on my Cube, and enjoyed immensely. But it's not *really* an exclusive franchise, is it?
If Capcom were to release Resi Zero on PS2 tomorrow, I'd put money on them acheiving double the GC sales in half the time. Resident Evil is one of the largest selling franchises of all time. If two new 'exclusive' Resi games (well okay, one and a half...) with a confirmed fan base of millions of 'older gamers with disposable income' couldn't make a significant impact on hardware sales, what will?
> With the solid releases at the moment and the amazing list of titles
> coming up around Xmas, things can only get better for Nintendo.
To be honest, I've heard all this a number of times before, and it seems to me that the die-hard Nintendo fans keep clutching at the same few straws and using the same stock phrases.
"It looks grim at the moment, but [insert popular Nintendo franchise name] is coming soon. Then you'll see!"
Mario Sunshine was going to blow the lid off Gamecube sales. Pikmin was going to make the machine fly off the shelves. Eternal Darkness. Resident Evil. Resi Zero. Zelda. And most recently, Metroid Prime.
None of them had the lasting effect on sales that people hoped for and said they would have; in fact, even AFTER these 'blockbuster' titles, their shares are down 37%. So what reason is there to believe that any of these other "amazing" forthcoming titles will fare any better?
I'm not knocking the machine. I hope these games do turn things around. But it's going to take a lot more than a group of die-hard Nintys ranting on a forum, to convince me that Nintendo aren't heading the same way as Sega - games only.
It can only be Nintendo's image that kills their consoles. Their own franchises didn't shift hardware, and now they share many of the supposedly "cooler" titles with other platforms and still can't shift them in competitive numbers. It can't be the games, and there's nothing wrong with the hardware - so it must be the image.
> Much the same as the Resident Evil remake and new
> games have brought the Cube to people who would have most likely
> ignored it otherwise.
But then I was reading recently that neither the Resi remake nor Resi Zero have sold anywhere near the quantities that the series sold on PS1/PS2, and that Capcom are now rethinking their 'exclusive' deal with the possibility of Zero and 4 appearing on (at least) PS2 also.
As it is, the series isn't exactly 'exclusive' to GC anyway - only individual titles. In fact, only Zero and 4 are truly exclusive; apart from a few changes, you can get Resi 1, 2, 3 and CV for PS2 (1 to 3 being PSone titles, playable on PS2 - graphically inferior, but just as creepy and just as playable). Resident Evil: Dead Aim is out on PS2 soon, and Resi Online is coming - and looking every bit as good as the the Resi remake and Zero. Both of which I have on my Cube, and enjoyed immensely. But it's not *really* an exclusive franchise, is it?
If Capcom were to release Resi Zero on PS2 tomorrow, I'd put money on them acheiving double the GC sales in half the time. Resident Evil is one of the largest selling franchises of all time. If two new 'exclusive' Resi games (well okay, one and a half...) with a confirmed fan base of millions of 'older gamers with disposable income' couldn't make a significant impact on hardware sales, what will?
> With the solid releases at the moment and the amazing list of titles
> coming up around Xmas, things can only get better for Nintendo.
To be honest, I've heard all this a number of times before, and it seems to me that the die-hard Nintendo fans keep clutching at the same few straws and using the same stock phrases.
"It looks grim at the moment, but [insert popular Nintendo franchise name] is coming soon. Then you'll see!"
Mario Sunshine was going to blow the lid off Gamecube sales. Pikmin was going to make the machine fly off the shelves. Eternal Darkness. Resident Evil. Resi Zero. Zelda. And most recently, Metroid Prime.
None of them had the lasting effect on sales that people hoped for and said they would have; in fact, even AFTER these 'blockbuster' titles, their shares are down 37%. So what reason is there to believe that any of these other "amazing" forthcoming titles will fare any better?
I'm not knocking the machine. I hope these games do turn things around. But it's going to take a lot more than a group of die-hard Nintys ranting on a forum, to convince me that Nintendo aren't heading the same way as Sega - games only.
It can only be Nintendo's image that kills their consoles. Their own franchises didn't shift hardware, and now they share many of the supposedly "cooler" titles with other platforms and still can't shift them in competitive numbers. It can't be the games, and there's nothing wrong with the hardware - so it must be the image.
AliBoy wrote:
> GasMask wrote:
>
>
> Part of one of my uni courses last year made me compare the insides of
> the PS2 and XBox and although the PS2 was released a year before the
> XBox technically the XBox isn't that far ahead. Sure it looks slightly
> better but we all know what chanes can happen in a year with the PC
> market and to be honset I expected more out of the XBox.
But perhaps in the console world, maybe thats how far you can come in a few years. Maybe its harder to make them better, faster etc. Not like in the PC market where every 3 months you have to totally upgrade your whole system to play one game. Maybe when more people join the console race, and more people design stuff for it. Maybe it'll be better?
Or, maybe the main console fat cats already have the latest/fastest/bestest (delete as you wish) conponents they are just releasing them a bit at a time to get the most money. UNless you work for them, nobody really knows anything to be honest. But fair point.
> 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?
Yup, Nes, SNES, N64 and a GameBoy
> Also why did you want one.
Liked Mario when I was smaller. They made decent stuff even when I was like 3. (Stupid point :oP) Er, I liked their games that they have/had on offer. They appeal to me the most. And I always wanted to be a little different. Everyone has a PS2 that I know so when they come round do they want to play on the same old crap? No, GameCube sir *Grin*
By same old crap, I mean, when was the latest good game that game out? Splinter Cell? GTA:VC?
Point taken? :oP
> For those who don't what reason(s) do you have for not wanting/owning
> one?
> GasMask wrote:
>
>
> Part of one of my uni courses last year made me compare the insides of
> the PS2 and XBox and although the PS2 was released a year before the
> XBox technically the XBox isn't that far ahead. Sure it looks slightly
> better but we all know what chanes can happen in a year with the PC
> market and to be honset I expected more out of the XBox.
But perhaps in the console world, maybe thats how far you can come in a few years. Maybe its harder to make them better, faster etc. Not like in the PC market where every 3 months you have to totally upgrade your whole system to play one game. Maybe when more people join the console race, and more people design stuff for it. Maybe it'll be better?
Or, maybe the main console fat cats already have the latest/fastest/bestest (delete as you wish) conponents they are just releasing them a bit at a time to get the most money. UNless you work for them, nobody really knows anything to be honest. But fair point.
> 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?
Yup, Nes, SNES, N64 and a GameBoy
> Also why did you want one.
Liked Mario when I was smaller. They made decent stuff even when I was like 3. (Stupid point :oP) Er, I liked their games that they have/had on offer. They appeal to me the most. And I always wanted to be a little different. Everyone has a PS2 that I know so when they come round do they want to play on the same old crap? No, GameCube sir *Grin*
By same old crap, I mean, when was the latest good game that game out? Splinter Cell? GTA:VC?
Point taken? :oP
> For those who don't what reason(s) do you have for not wanting/owning
> one?
GasMask wrote:
> I had a little think and you know about Sony releasing before anyone
> else right? Well maybe it'll get to the point where they'll release
> them too soon.
Part of one of my uni courses last year made me compare the insides of the PS2 and XBox and although the PS2 was released a year before the XBox technically the XBox isn't that far ahead. Sure it looks slightly better but we all know what chanes can happen in a year with the PC market and to be honset I expected more out of the XBox.
However I think it would be in Sony's best interest to let the others who decided to release another console to do so first.
But then again I know SFA about marketing and the right time to market.
Back to the ninty thing I think too many of you are showing your true colours without really having a think about it all. Loads are jumping in defending Nintendo and going off on one about Sony and/or Microsoft. Its about Nintendo and nobody else.
Its just the way the industry is these days, while most of us can spot a decent game and go and buy it there are others who need to be shown or told whats good and at the moment Nintendo don't do that so probably most will base their views of the gamecube on past Nintendo consoles and the use of the name for the likes of pokemon.
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 had a little think and you know about Sony releasing before anyone
> else right? Well maybe it'll get to the point where they'll release
> them too soon.
Part of one of my uni courses last year made me compare the insides of the PS2 and XBox and although the PS2 was released a year before the XBox technically the XBox isn't that far ahead. Sure it looks slightly better but we all know what chanes can happen in a year with the PC market and to be honset I expected more out of the XBox.
However I think it would be in Sony's best interest to let the others who decided to release another console to do so first.
But then again I know SFA about marketing and the right time to market.
Back to the ninty thing I think too many of you are showing your true colours without really having a think about it all. Loads are jumping in defending Nintendo and going off on one about Sony and/or Microsoft. Its about Nintendo and nobody else.
Its just the way the industry is these days, while most of us can spot a decent game and go and buy it there are others who need to be shown or told whats good and at the moment Nintendo don't do that so probably most will base their views of the gamecube on past Nintendo consoles and the use of the name for the likes of pokemon.
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?
Hm, well I don't think Sony's handheld will do too much damage anyway. Maybe they're making a handheld because PS3 isn't going to be ready in time?
I had a little think and you know about Sony releasing before anyone else right? Well maybe it'll get to the point where they'll release them too soon.
Ah hell.
Maybe Nintendo should make telly's too :o)
I had a little think and you know about Sony releasing before anyone else right? Well maybe it'll get to the point where they'll release them too soon.
Ah hell.
Maybe Nintendo should make telly's too :o)
Do i care?
NO.
Playing Zelda atm and its amazing. Also playing though the origional and having a great time. Then ill do the master quest and then metroid prime by which time i should have a new game anyway.
Just feeling annoyed with the bickering now.
*has grown up*
NO.
Playing Zelda atm and its amazing. Also playing though the origional and having a great time. Then ill do the master quest and then metroid prime by which time i should have a new game anyway.
Just feeling annoyed with the bickering now.
*has grown up*
Well, all this talk of being ok because of Pokemon really ignores the whole idea of the marketplace and shares in a company really defining how well that company does and even going so far as to determine its existence.
Having your company floated means that you are on the mercy of how your company is perceived by the market. Having reserves of cash might make a difference to a company's overall survival, but if your shares are below £1 then you're in trouble and that means shutting plants down and laying off staff.
The reports concentrated on gearing up for the next generation of consoles, plus the takeover of the market by Sony and their hard-hitting campaign to appeal to the newer gaming demographic. It has everything to do with the type of gamers out there, Nintendo are focusing on a group it knows best and this group is far smaller than the average person who picked up a console because it was advertised as another piece of entertainment from a recognised audio-visual company.
Nintendo won't ditch their own console, but third parties and retailers affected by the share news might. This is bad news for Nintendo and any number of high quality games will not save them if this happens. However, it's not a certainty and Nintendo may well win back the average joe with their games if marketed right and if they get the right mix, but only if they shove this information down peoples throats when they do.
Having your company floated means that you are on the mercy of how your company is perceived by the market. Having reserves of cash might make a difference to a company's overall survival, but if your shares are below £1 then you're in trouble and that means shutting plants down and laying off staff.
The reports concentrated on gearing up for the next generation of consoles, plus the takeover of the market by Sony and their hard-hitting campaign to appeal to the newer gaming demographic. It has everything to do with the type of gamers out there, Nintendo are focusing on a group it knows best and this group is far smaller than the average person who picked up a console because it was advertised as another piece of entertainment from a recognised audio-visual company.
Nintendo won't ditch their own console, but third parties and retailers affected by the share news might. This is bad news for Nintendo and any number of high quality games will not save them if this happens. However, it's not a certainty and Nintendo may well win back the average joe with their games if marketed right and if they get the right mix, but only if they shove this information down peoples throats when they do.
However, against popular belief, the Game Boy Advance is actually a toiletry.
Smuggly, the Gamecube IS a toy.
So is the PS2 and the Xbox.
So is the PS2 and the Xbox.
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't be that bad can it?
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