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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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Nintendo shares up another 2.11%(180yen) today
Asda homebrand lol! Highly amusing stuff.
Isnt that what communists do?
That must be it! Give it up now updated the jig is up! We know that you are a mindless drone. Keep your hands where we can see them and you wont be harmed yet..
see we can be conplete dismissive ;)
see we can be conplete dismissive ;)
I lvoe the way he completly ignores everything people say and just keeps repeating his retarded point over and over and over.
Maybe he's a robot?
Maybe he's a robot?
wasnt that a waste of typing time :P
*yawns*
Nintendo in deep water,
Wrong image
Wrong disc format
I was very surprised to find out GC would not be using DVD. Then that great magazine cover - "Who needs DVD - Thats what VHS is for". Fantastic line, people falling over themselves with laughter in the shop up on reading that one!
So now to present day. Nintendo are paying for their mistakes, so much so that some want the Cube to be axed asap. Doing this would upset a lot of loyal customers, so they have to keep it going a bit longer yet. But this just continues the problem on even longer. Hard decisions may have to be taken at some point. And now that Sony have said they are going to design a hand held console to rival GBA, Nintendo must be running for cover.
Wrong image
Wrong disc format
I was very surprised to find out GC would not be using DVD. Then that great magazine cover - "Who needs DVD - Thats what VHS is for". Fantastic line, people falling over themselves with laughter in the shop up on reading that one!
So now to present day. Nintendo are paying for their mistakes, so much so that some want the Cube to be axed asap. Doing this would upset a lot of loyal customers, so they have to keep it going a bit longer yet. But this just continues the problem on even longer. Hard decisions may have to be taken at some point. And now that Sony have said they are going to design a hand held console to rival GBA, Nintendo must be running for cover.
*dribble* enuff for this topic
*sort
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