GenGAME writes: To say that Nintendo has declined in financial stability over the past few years would be a bit of an understatement. The Wii has seen its sales plummet in recent years, and Nintendo’s market capitalization has dropped from an estimated $85 billion to somewhere in the neighborhood of $16 billion in the span of five years. Now Nintendo is coming off its first ever annual loss, so it’s no surprise that analysts are hitting the company hard with questions and doubts.
I don’t think anybody would be surprised if Nintendo were to push the metaphorical “panic button” at this point, and many people believe that’s exactly what they’ve done. Nintendo has taken some significant risks over the course of the past few years, and that trend is likely to continue into the foreseeable future. Is the once-proud company in a state of desperation? Or does Nintendo Global President Satoru Iwata have things under control?