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"Nintendo in deep water"

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Mon 26/05/03 at 21:56
Regular
Posts: 787
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.
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Tue 27/05/03 at 19:32
"!Basement Clucking!"
Posts: 364
Sony are now paying the price for being 'ahead of the game' when they released the PS2 before the other 2 consoles, but now its showing its age. And knowing Sony they will release there new system (whatever it may be) before the others and the same will happen.
Tue 27/05/03 at 19:19
Regular
"Ghost Mutt"
Posts: 1,326
How deep is your love?
Tue 27/05/03 at 19:17
Regular
Posts: 16,558
They aren't going to. If sony want to do it fine.
But if microsoft the X-box would be deemed a disaster if they gave up on it quickly for a newer console, same for the cube.
Tue 27/05/03 at 19:15
Regular
Posts: 21,800
Alter Ego wrote:
> they better not considering i JUST ordered one.

They won't.

This is Nintendo we're talking about, they've got the cash to continue supposrting the console. Have you seen the release list?

WOW is all I can say.
Tue 27/05/03 at 19:03
"!Basement Clucking!"
Posts: 364
they better not considering i JUST ordered one.
Tue 27/05/03 at 19:03
Regular
"Otaku"
Posts: 79
If any company can be blamed for irreversible damage of the industry then look no further than Sony and it's Playstation.

Sure, retailers love Sony 'cause they can easily shift the overpriced units on the back of the GTA series and a few other games. They proclaim the massive back catalogue, and forget that a good 70-80% of it is pure junk and worthy only of expensive drinks coasters.

I think any retailer who drops support for the Gamecube is making a serious mistake in the long term because their beloved PS2 is showing it's age.

What was the last truly excellent game to come from Sony themselves ? Damned if I know....and the exclusivity of the GTA Series runs out this Christmas, as well as the competition from the multi format True Crime and a string of titles.

Sony have become predictable now, and that makes them beatable. Don't assume Microsoft and Nintendo have given up the race yet.

On another note the image of Nintendo is more down to the retailers themselves and not Nintendo, but hey, it's their sales that suffer for it.

Similarly this idea that the Playstation is a "mature" platform. Erm...don't think so. Kidstation more like, with most of the BBFC rated games appealing to the kids who want them to look - in theory - 'cool'. Ahem.... anyhone who discounts the Gamecube for it's colour isn't mature anyway, and it is a pretty tired argument, as are the Xbox size/weight jokes. Interestingly enough these comments about the two consoles generally come from "mature" Sony owners.

Strange that....
Tue 27/05/03 at 18:58
Regular
Posts: 21,800
They won't.
Tue 27/05/03 at 18:58
Regular
"Want a cd key.."
Posts: 3,443
Heh if they ditch the GC then I will not be a happy bunny. Seeing as they said it would last until 2008, then 2005. And now it looks like it'll end next year.

F... that.
Tue 27/05/03 at 18:53
"!Basement Clucking!"
Posts: 364
ÂLІÂÎR wrote:
> Alter Ego says:
> >X-Box: Need a forklift and a 16 man delivery team to manuver the
> damn >thing.
>
> Thats funny I am sure I carried it on my own with a bag in one hand?!
> The White House would need more than that but the designs doesn't need
> to be changed. Me thinks you are a bit of an idiot.

Me thinks you take things a bit too literaly and fail to read between the lines, no matter.
Tue 27/05/03 at 18:42
Regular
Posts: 21,800
My black Cube looks swish.
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