Nintendo has to make a change. Stopping short of channeling the prevalent "Nintendo is doomed" meme that has become so popular on the Internet for the last five years, the Japanese game giant that singlehandedly resurrected the industry in both the East and the West is on the verge of being left behind by Sony and Microsoft and has to adapt. The industry continues to expand, yet Nintendo is still playing catch-up. The company's arrogance and stubbornness has led it to this point, not unlike Sony's downfall in 2006.
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.
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.
Too expensive hardware when others offer the same or more for less? Good work, Green Team.
"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.
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.
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.
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.
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.
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" -
INDIE Live Expo, Japan’s premiere online digital showcase series , will debut never-before-seen games & content updates across more than 100 titles on May 25th.
What do they have to be arrogant about? The Wii died much quicker than PS3/360. 3DS is selling way behind what DS was in its time. They should have seen the Wii U's failure coming.
How about we settle this once and for all.
Everything will be the downfall of Nintendo. Just like it was every generation since the 5th.
It has nothing to do with arrogance and everything to do with incompetence.
This article should be titled
"Hi guys! I'm bored, here' let me post another pointless doom article!"
Haters are bored apparently.
I don't think it's arrogance. Nintendo just doesn't know what they're doing. The company is poorly managed and their current troubles with the WiiU and early struggle pre-price drop 3ds is a symptom of their incompetence.