160°

Nintendo could prevent a financial “Game Over” with these 3 strategies

Industry pundits have been telling stories of Nintendo’s immanent demise for months and in some cases, even years now. With these three strategies, Nintendo could solve all their financial problems.

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o.canada.com
pat_11_53747d ago

I'm not sure if I want to see Nintendo go third-party, but at some point, it just might have to happen.

lilbroRx3746d ago

It would have happen to Sony before Nitendo, as Nintendo's losses are minor compared to Sony's and they are currently worth more than Sony as whole.

josephayal3746d ago

Would love to see Nintendo go third party, They need to do something crazy and unexpected

3746d ago
live2play3746d ago

Aww look at the article. So adorable.
you know what this is going on the fridge!

You actually put numbers to try and make your nonsense seem kind of legit.
Its the article equivalent to a painting of the family made with macaroni.

Look mom i made a nintendo doom article too!!!

Sorry sonys gaming division has been bleeding far more far longer than nintendos and dont even mention the xbox. If anyones gaming division is in danger its those two not nintendo.

And check the internet today. That big drop of 18% that was reported? Yea it went down to six on the same day, now its back to the norm.

Check in google comparisons of nintendo sony and microsofts profit and youll find a graph that shows who has been in the red longer

wonderfulmonkeyman3746d ago

Could you link me to any reports or evidence of the stock prices for Nintendo going back to normal?
That would be a breath of fresh air and a worthwhile report to put up.

+ Show (1) more replyLast reply 3746d ago
3747d ago Replies(1)
OrangePowerz3747d ago

Financial game over? That's stretching it a loooooooot.

4logpc3746d ago

Good grief. Another "journalist" who has no freaking idea what they are talking about.

Seriously, what happened to quality journalism? Did the invention of WordPress just kill quality?

pat_11_53746d ago

What qualifies you to be an expert on what constitutes journalism? I'm curious.

Did you actually read the story, or at least glance at the first paragraph before completely discounting it?

I cite facts, conducted research and put a fair amount of work into this article. Nintendo isn't going anywhere any time soon, but the company needs to change its business practices now before it's too late. That is simply all I'm saying. Even blind fanboys like yourself will need to come to that realizations soon.

Also, just so you're aware, while Wordpress is a free platform for blogging, many mainstream media organizations have started using it as their primary back end because it's so versatile and simple.

DC7773746d ago

Well written but not much in it others haven't stated. I happen to disagree with a lot of it though.

4logpc3746d ago (Edited 3746d ago )

Yes I read the story. I don't make such claims unless I am going to take the time to read it.

Suer you did some research on how much Nintendo is worth as a company, and what their loss was for 2013, but that is obviously where the research stopped.

You suggestions make little sense considering what you say here:

"The company has a ton of money in the bank, but in just a few short years, that stockpile could dwindle down to nothing."

So a company that has already struggled immensely with online features for their games, should get into the streaming business?

Do you have any idea how much money it would cost for Nintendo to create this type of service, and you want them to only charge $20-$50 dollars a year and expect them to make a profit? If there are only 5.5 million consoles sold at this point, they would NEVER make a profit even if every single customer subscribed. Why do you think PLaystation Now will have a chance at being profitable? Because its a service that will be made for not only the PLaystation 3, which has over 80 million sold, but the PLaystation 4, and other Sony products which will have over a 100 million users. Why do you think Netflix can make a profit? Because they are on every device known to man.

That solution makes no sense, and wouldn't do a thing for the Wii U or Nintendo itself.

And that was only your first solution. The other two makes just as little sense.

Especially your Sega analogy, which I might add lost millions of dollars for around 5 years and still didn't go under. Going third party didn't help Sega? Um what? The Dreamcast put that company in such debt, along with other issues before that, and if they didn't go third party they wouldn't of had a product to sell....so they would be gone.

My Wordpress comment had nothing to do with Wordpress being a bad product, in fact I said the opposite. With Wordpress being so easy, it has allowed for a lot of people to think they know journalism and the way this industry works, to start a website and think they can just write whatever they want and have it be factual.

live2play3746d ago

What qualifies him to be an expert on whos a journalist or not?
The same paper you got out of the cereal box that says youre qualified to advise nintendo on how to run its long running game company

3746d ago Replies(1)
Show all comments (32)
50°

Megaton Musashi World Cup: Preview and First Round Results

Game Rant participates in the Megaton Musashi World Cup, checking out the game a little bit beforehand and winning the first round match.

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gamerant.com
220°

Microsoft’s Surface and Xbox hardware revenues take a big hit in Q3

Microsoft just posted the third quarter of its 2024 fiscal financial results. The software maker made $61.9 billion in revenue and a net income of $21.9 billion during Q3. Revenue is up 17 percent, and net income has increased by 20 percent.

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theverge.com
darthv7218h ago

Xbox content + services up 62% while hardware down 31%... seems about right with the way they tout you don't need the hardware to play. People can play on their phones or smart tv or other means. I don't hardly play on my consoles directly since getting devices like the logitech g-cloud and ps portal. Which is to also say I have been playing more digital than physical because of these devices.

solideagle5h ago

you should apply in MS PR team buddy, I think you will do a great job in my humble opinion :)

Sonic18812h ago

I thought darthv72 and Obscure_Observer already work for Microsoft 🤔

dveio2h ago

MS: "Xbox services and content without AB up 1%, with AB up 62%. Hardware down 31%. In total a loss of 350 mill."

darthv72: "Seems about right."

MS: "Excuse m ..."

darthv72: "I don't hardly play on my consoles directly."

MS:

Cacabunga4h ago

I can tell people like you are an absolute minority..

If service is up means their fans and fanboys accepted this model and subscribed to it. The near future you will see a big decline because the service is saturated.

shinoff21833h ago

But that's been ms for years. When things aren't going their way they try to change the way things are said. For instance console sales are down, they stop telling how many sold instead telling us how many hours spent in halo or headshots. So it makes sense console sales down just say people are playing on more devices then previous. What they won't say is how many xbox players jumped ship to ps5.

Cacabunga2h ago

Hardware sales are so bad that Sony and Nintendo are blowing the sales off the water with their hardware.

If Xbox are losers, others aren’t..
Xbox already tried everything with Xbox live then subscriptions went down so much that they had to find something else. Their fans subscribed then reached saturation rather quickly.

Hardware and exclusive games is where it’s at! Keep gamers excited, announce decent software and people will support you

purple1017h ago

Xbox hardware revenue tanks to lowest point of Xbox Series generation

Profchaos7h ago

I'm not surprised surface is struggling they aren't relevant anymore

XBManiac6h ago

Too expensive hardware when others offer the same or more for less? Good work, Green Team.

SimpleDad6h ago(Edited 6h ago)

"Despite some early successes for Xbox games on rival platforms, Xbox hardware is down by a massive 31 percent this quarter."
"Without Activision Blizzard, Microsoft’s overall gaming revenue would have actually declined this quarter."
"Xbox content and services would have only been up a single percent without Activision Blizzard..."
"It looks like next quarter is going to be a similar story for gaming at Microsoft, too."

That is crazy... so A/B/K is carrying the whole Xbox gaming.
Oh and Microsoft will be fine. Windows, Office and Cloud are growing with each pc purchase.

purple1015h ago

Activision: "we gonna need a bigger rucksack/backpack please"

Microsoft: "why's that"

Activision: "to carry yo' weak ass'

Profchaos5h ago(Edited 5h ago)

Top brass have also wanted to start seeing returns on the 100 billion they have put into various Xbox related moves so seeing more multiplatform games is highly likely especially from abk

It's basically saying that PlayStation is the reason Xbox is afloat right now thinks to Ps5 versions of COD

Kornholic3h ago

So basically PS and PC gamers' money is keeping Xbox on life support.

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140°

Why Monopolies In Gaming Must Not Be Allowed

As of right now, there are no monopolies in the games industry, and for the sake of the medium as a whole, they never should either.

thorstein16h ago

Shouldn't be allowed in any field.

Inverno13h ago

And yet the biggest tech companies in America are essentially that. They buy up all the small comps only to kill them off and steal what they have, and if they can't buy em they bleed them to death.

jwillj2k411h ago

Eventually they’ll realize the value is with the employee not the company. Buying an IP means nothing if the people who contributed are let go. They’ll get it one day.

MrCrimson11h ago

tech is different because they buy threats and then kill them. Twitter bought Vine and did nothing with it. Despite people seemingly liking it. Could've had tiktok a decade before bytedance. go figure.

Zenzuu12h ago

Monopolies shouldn't be allowed regardless. Not just for gaming.

MrCrimson11h ago

They buy IPs not talent. That's why these buyouts never work and the IPs die. Right now it's too expensive to develop games - but I expect that to shift maybe as AI tools can make it easier. The best games have been indie games for awhile as big developers fuck their ips to death with "games as a service" -