With the successful launches of the Xbox One and the PS4, it's been easy to forget that the latest console generation started in November of 2012 with a dud.
It's fine. Games will be coming out consistently this year. If things are still like this a year from now, then yeah sure, "game over". Maybe one of these companies will be dropping out of the console business, but it won't be Nintendo
100% agreed.. And when that company does, I'm sure there's still going to be Nintendo DOOM articles.
I'm afraid that the future for Nintendo is looking very similar to that of Sega. Or at least for the full size console market sector. I can see them continuing to dominate the handheld market but the Wii-U is pretty much fighting a battle that it cannot win against PS4 and the bone. I'd love to see some of the franchises go multiplatform or even become Sony PS4 exclusives. They could also start developing for moble. I don't think that Nintendo is going to die out but I do feel that in the very near future the company will look very different.
Nintendo's biggest problem was the success of the Wii with the Casual market masking Core gamers. Nintendo felt that everyone wanted Gimicky motion controls and that never caught on with Core gamers. Core gamers shell out Hundreds to Thousands of dollars each in games and hardware. when the WiiU launched they expected the Wii owners to buy into the WiiU. Problem is they didn't, a big tablet controller that only one could be used, then forced to use that. Core gamers don't want flailing controllers around, not cheesy games. If Nintendo wants to succeed, the motion controls, touch screens and that need to be optional and put in a rewards system (Trophy, achievements) and put out games not found anywhere and topped with classic franchises and new, they have a chance. I love Nintendo and they need to listen to Gamers!
There is a huge, HUGE difference between the current Nintendo and the Sega of old. Sega didn't have a market leading handheld that prints money like the 3DS is now and that is why Nintendo is not going the way of the Sega anytime soon. They might drop the Wii U early if things remain ugly and come up with a new console but dropping out of the game is never EVER an option for Nintendo especially with the amount of money they have! What they need to do now is swallow their pride and start admitting that the gaming scene no longer revolves around them and start taking next gen properly. A better and well structured online system is a good start.
Nintendo is fucking up
Just so you know Sony and MS lost billions of dollars last gen so... Nintendo isn't the only one fckn up. Disagree all you want. Wii was the only profitable system and that's a fact
@Benjaminko Nintendo is strictly a video game company. Sony is a entertainment company and Microsoft is a software juggernaut. For them video games are only a small part of their business. If sales are slow for either MS or Sony it wont kill them because their other divisions can make up for losses. Nintendo on the other hand has nothing to fall on if their sales falter.
@Benjaminkno Yeah...keep telling yourself that and maybe...just maybe you can get some of that profit yourself! smh It's "game over" for a gamer when they start worrying at how much profit a company make, not the essence of gaming itself! Sure MS and Sony lost a lot on the 360 and PS3 but does any gamer complain on how well the 360's online works? Or does any gamer complain on how many exclusives the PS3 has? Definitely NOT! Those are the strength of those consoles and what has made them the main gaming platform for many while the Wii was mainly selling because it was cheap and gimmicky but in the end serves nothing else but the ocassional Nintendo 1st party games. Just ask yourself, when was the last time you heard somebody says "the Wii is my main gaming console because it's profitable for Nintendo"? NEVER unless that person is either Iwata or Reggie!
I think what's even funnier is seeing these two stories next to each other after showing up today. http://i.imgur.com/LcMwyqu....
"Nintendo CEO Satoru Iwata believes part of the company’s struggles are that its customer base doesn’t yet have children" Iwata must go if he honestly said & meant that wow I don't even know how to react to that, very very poor stuff from him :/ looking pretty bad for Nintendo, even the 3DS is performing below par according to Nintendo themselves (or their estimates were way too over-optimistic) but of course watch Nintendo fans spin these news and complain "the journalists are in for us" instead of pushing Nintendo execs to move on.
yeah the 3DS was the best selling piece of video game tech in 2013 but it's performing under par... logic seems to have left the building in that statement.
it's not meeting expectations so it's performing below par. that's a fact right there. maybe you should take issue with Nintendo misleading investors with sales targets that they were never going to achieve, don't look at me
Even Nintendo says that its performing below their expectations. Even with evidence from Nintendo themselves some people will find a way to dismiss it. P.S In no way am I saying that the 3DS is performing badly its just that its selling less than what Nintendo was expecting.
Pretty sure Nintendo has gone around bragging about the successes of the 3DS and it's successful 2013. an example of one of those articles right here. http://www.nintendolife.com... To me that doesn't sound like it's under their expectations.
http://www.pcworld.com/arti... "Nintendo also lowered its sales projections for the 3DS console from 18 million units to 13.5 million for the same period. “We put in place various promotional activities in order to promote sales and expand our audience in the year-end sales season of the previous calendar year,” Nintendo President Satoru Iwata told a news conference. “However, it is now expected that our sales will fail to meet our previous forecast by a large margin.”" So yes, the 3DS performed under par. Nintendo wanted to sell 18 million 3DSs but didn't. Oh, and further http://www.nintendo.co.jp/i... "However, outside Japan, while its market share increased as we continued to release compelling titles throughout the year, Nintendo 3DS did not reach our sales targets in the overseas markets, and we were ultimately unable to achieve our goal of providing a massive sales boost to Nintendo 3DS in the year-end sales season. Using the U.S. market as an example, Nintendo 3DS became the top-selling platform in the last calendar year, according to NPD, an independent market research company, with its cumulative sales exceeding 11.5 million units; however, the estimated annual sales of the Nintendo 3DS hardware remain significantly lower than our initial forecast at the beginning of the fiscal year. In Europe, while the individual markets showed different results, France was the only market in which we experienced relatively strong sales, and we failed to attain our initial sales levels by a large margin in other countries."
@Undertaker - thanks for the clarification. Nintendo clearly has some high standards for themselves. Which I think stem partly from the massive success of the DS. I think they automatically assume that sales should be just as strong. 2013 was a fantastic year for the 3DS, regardless if Nintendo had to lower their expectations or not. Perhaps they were setting unrealistic goals, who knows.
Well christ you do have to advertise. I don't think I have ever seen an ad for 3DS. Much in the same way most people never knew Wii U came out.
Iwata, says "This is why I am encouraging people who purchase Nintendo products to begin having children as soon as possible.” LMFAO. I literally had to wipe a tear from my eye after reading that. You Nintendo fans need to take a break and start popping out some babies so we can make more money. *tears* Seriously though. The Wii U is in trouble due to Nintendo's failure to evolve with the times. Their hardware is the equivalent to a low end gaming PC from 2009, their management and software is stuck in the GameCube / Wii era (lack of strong online, multimedia, etc...), and their games while putting fun first don't appeal to many of todays new gamers who want Action, FPS, and Mature games. Until those problems are fixed they're going to struggle with the Wii U, and it's successor. Hardware isn't the be all of gaming, but weaker hardware receives little developer support. The only good that comes form weaker hardware is generally a lower price point, but $250 still isn't that far off from $399 in which case you can get a significantly superior console HARDWARE WISE. They need a better balance on price : performance next gen, and they need to drop the Wii U down to $199 + a game, to better compete starting August 2014. Software and management are their biggest failings. They need to hire new management who better understands todays market, get a good online network running and PROMOTE IT, and get more apps and services for consumers. Nintendo Prime Membership, could be something like PS+, giving you free games each month, Nintendo points to use on their website, early access betas & demos, discounts on the eShop, etc... Games. If you keep making the same games, you'll keep getting the same audience and the same results, and if as you say new gamers aren't coming in then eventually you'll fatigue your current audience and end up in the situation you're in now. I'm not saying Nintendo needs to start making Call of Duty type games, but they need to make different experiences as well as get better 3rd party support. Games like The Walking Dead Seasons 1 & 2, Minecraft, The Elder Scrolls, Borderlands, Rockstar games, and EA games are all missing from Wii U, and without that kind of 3rd party support most, core console gamers aren't going to bother with the Wii U unless it's a 2nd or 3rd console purchase. Finally take a chance with first party games. Mario gets 20 spin offs, so give your other cast some as well if you can't think of New IP's or revive old ones: Metroid = Adventure / FPS Zelda = Adventure (doesn't need to change) Fire Emblem = Action game (but not like Dynasty Warriors) Kirby = Space Adventure / RPG F-Zero Earthbound etc... And if you can't think of new IP's hire 3rd parties to make them for you. An LA Noire / Heavy Rain type game would be amazing with the Wii U gamepad. A Batman Arkham game build from the ground up on Wii U gamepad could be great. More RPGs / JRPGs / RTS / and Niche genres are all things the Wii U needs and can do to carve an identity for itself and not be completely overshadowed by the PS4 and XBO.
lulz Nintendo's target market needs to get some action in the sack instead of sitting around playing video games.
Iwata never said that. That "quote" came from a SATIRE piece. Which talks a lot about the reliability of Forbes. I trust that author just as much as I trust Fox News. >_>
theres a difference from NINTENDO 3DS IS PERFORMING POORLY to NINTENDO 3DS DID NOT SELL TO OUR EXPECTATIONS if nintendo 3ds performed POORLY and the 3ds WAS THE BEST SELLING CONSOLE what does that say about the ps3 xbox wii wiiu psvita ps4 xbone
Doom and Gloom again, The WiiU has struggled and may continue to do so but its not the end of Nintendo.
Wii U struggles are a sign of things to come if Nintendo doesn't adapt to the modern market
It's not the end of Nintendo, but could be an early end for the Wii U.
That may be true, but even if the Wii U is a flop, I expect Nintendo to keep supporting it and making tons of first party games for it for a minimum of 4 or 5 years before releasing their next console, in order to not lose consumer confidence (which is exactly what happened to Sega, and what ultimately made them go broke). And Nintendo is pretty capable of doing exactly that, if needed.
@deafdani They're not going to pump out "tons of first party games" when they're audience is only 7 - 10 million come holiday 2014. If they don't at least double their lifetime sales by the end of 2014, then it's over for the Wii U. No one is going to develop multi-million dollar games are a game to barely breaking half a million in sales. Games that come out will be less and less, with smaller and smaller budgets.
Nah its not game over for nintendo anytime soon
Not Nintendo, but the WiiU maybe. Depends on how this year pans out for it.
I wish Nintendo would have just went with a different name. At least they have the 3DS to fall back on if the Wiiu does belly up.
People really are really overestimating the impact that (even if it ends up being a complete flop) the Wii-U will have on Nintendo. Even if it ends up being a complete flop they can still recover with their next system if they do it right, look how many failures it took to kill off Sega (Game Gear, 32x, Mega CD, Saturn and Dreamcast) and they were in a much worse position than Nintendo in the first place...
Theyd be better off riding the wii u off than abandoning their fanbase and releasing a new console midway through the gen when everyone already happy with a ps4 or xbone. I can see why the investors are reluctant to ask iwata to go, as hes produced nothing but enormous financial success for the past 10 years (until now that is).
Still harping huh!!! Honest question. With all these fantastically written, hate filled articles about each system every five minutes. Do you guys truly believe, that gaming can't be enjoyed off the Internet for a bit? Figured you couldn't answer my question.
OK the I get it the Wii U isn't selling well but it will pick up just like the 3ds did when Nintendo dropped bombs on bombs on bombs for the 3ds.. This will happen with the Wii U with the releases of MK8, Dk TF Bey 2,Smash and tons of unannounced first, second party and even 3rd party games... What didn't T mention the 3ds.. Oh that's just the BEST selling gaming system on the market RIGHT NOW. And you know Nintendo always has HUGE profit margins right??? Meaning they actually makes money JUST FOR PROFITS. Not to break even or at all like other companies e.i. MS gaming division has yet to make a profit... Why do you think they lump in other subsidiaries with their so called "entertainment divisions" from what I read FROM AN ACTUAL MS ANALYSTS, the MS gaming division has lost $2 billion in sales. Sony on the other hand, the PS4 is great and doing well BUT the rest of the company is doing very poorly, I also read that Sony has 70+% chance of going bankrupt by 2016... yeah Nintendo is fine.
The company is expecting its 3rd consecutive annual loss of $25 billion Yen and you are still talking about profits??? What profits? You cannot draw parrallels with 3DS because 3DS did not have two much more popular competitors with much better third party support. The first and arguably the biggest Nintendo "bomb" was dropped (SM3DW)and what happened? Nothing. The Wii U is clearly a failure with forecasts being slashed down from 9 million to 2.8 million. The 3DS's hardware forecast was slashed from 18 million to 13.5 million and 3DS software forecast was slashed from 80 million to 66 million. The 3DS has been selling the most (it is only $129 and $200 with a monopoly after all so what do you expect?) but it is not selling as expected. I do not think it counts as a "everything is fine" when you are missing sales targets by huge margins, incurring losses and disappointing shareholders for 3 years consecutively.
You don't know what you're talking about... Nintendo and the Wii U is fine.. Even though Nintendo lost money from their LAST FISCAL YEAR not -23 billion "YEN" in the hole. Nintendo is still in the black (profits) as Sony was in the Red with the PS3 and MS still hasn't made ANY PROFITS yet from the xbox brand... Your time is done, get your game up.
@gedden7 What kind of dumb and fanboyish comment was that? You cant argue with the fact and figures so the only thing you have got to say is "YOU DONT KNOW WHAT YOU ARE TALKING ABOUT!!" You are the one who does not know what he is talking about and defending Nintendo blindly.
As much as I don't want it to the reality is ninty needs a new captain to steer the ship or its gonna hit a big iceberg
they hit the iceberg, they now need a captain to rebuild the ship before it sinks.
I've never seen a person make this statetment that didn't want it, HOPINGLY, to be reality because the entire "Iwata should be removed, discontinue the Wii U, Nintendo should go third party" train of though follows logic that is filled with holes and contradicts reality. Nintendo problems are easily solved with time. They're losses are tiny compared to how much they actually have while their competitors losses are NOT tiny. Did I forget to mention that Nintendo just overtook Sony in value? If Nintendo is failing and they overtook Sony in value then what does that say for Sony? Why aren't I seeing back to back doom forecasts and articles bashing Sony when they are in many times worse shape than Nintendo? Nintendo just lost 23 million this quarter and still has 20 billion in reserves...
It seems like people fail to remember the 5 billion in cash reserves Nintendo has. They can and will pick it back up either in this generation or the next; they are not stupid. So "game-over" is a poor choice of words. If anything, this will force Nintendo to work even harder, and hopefully develop new and groundbreaking titles of which we have already started to see with Super Mario 3D World. I have nothing but optimism for the company. You've got to take hits to become strong, and this is something I am more than confident in saying Nintendo is aware of.
i remember sony never had to go back and change its sales forcast from 9million to 2.6 million. so people claiming games will keep nintendo alive must realize nintendo now has to depend on 5 million people to buy its software, and there might be 10-15% that will buy its games, RIP nintendo, you had a long run.
Its not Game Over, its rebuilding time and its overdue. I love Nintendo, but its time for some fresh ideas and new way of thinking. I don't think there can be any argument there. I don't mean bring Zelda to Ipad, or start making shooters. But new ideas, new directions, world class backbone network, unified accounts. These are but a small list that I would tackle right away. They bigger issue, the console itself, well that's a different matter. Nintendo has difficulty coming to terms with what to do with the raw horse power of the WiiU, what would they do with some face-melting, Alienware contraption? This is a larger question....
I don't think it will be gameover for Nintendo but if the Wii U fails badly it will force Nintendo to change the way they make their consoles.
This. Nintendo will not die from the Wii U, but depending on how badly it sells, Nintendo will need to reorganize their business. And this doesn't mean firing Iwata. It means looking for fresher developers and designers, ones who can retain tradition, but also inject some fresh ideas into their library. Retro Studios, Next Level Games and Platinum Games did some really amazing stuff over the last couple gens, so Nintendo needs to get devs on their side who can approach their library in a different way. Add some variety. Bring in some new members to the Nintendo family. I'm not saying Nintendo should just follow and cater to the Sony/Microsoft crowd. Nintendo has done some neat stuff following their own path, but there's nothing wrong with diverting from that too. Try something new. Get the crowd's attention with something that you can't find on a Sony or Microsoft console, but most importantly, something you haven't seen on a Nintendo console.
Products fail all the time. That doesn't mean a company is dead. The Wii U will sell more when it hits $200 with smash bros. Will it hit 80 million ins sales? Probably not. Will it surpass xbone and ps4? Probably not. But as much as people want to compare consoles sales figures, and act as if they determine everything, all Nintendo has to do is create a decent sizes audience with the Wii U and get them to buy software. Just like the 3ds, it took the right price with the right software to convince people to start buying. I personally bought a 3ds XL even though I am still upset that Nintendo refuses to put a second analog nub on the device, but I HAD to play the software. Wii U is still lacking in software, and the price just isn't quite where it needs to be. When those come together, it will be fine.
It's not the end of Nintendo (obviously), but I don't see the Wii U having a very long life cycle. Main reason I haven't bought one. Don't want another Dreamcast situation.
Even tho wiiU still has big games coming out in 2014 Nintnedo put themselves in the worst possible postion. They have money in the bank to take a losses for years but, they're gonna have to really step up with their next console. Not just games and hardware but basic online features that the 360/PS3 have had for years.
Nintendo Should Skip WiiU & Launch True NXT-GEN Console (Region FREE) Before its Too Late..........
Let's ask sega how that worked out. They're better off putting games out and at least supporting it then killing consumer confidence.
WiiU have no future, its harder to develop, region locked, under power, no 3rd party support, high price etc.
The wii and 3ds was all of these things, yet when it came down to it who's doing well? nintendo will survive.
Yoda time has changed, now tablets & Smart Phone direct comparators also PSN & XboxLive has much stronger then ever. Yes Nintendo Will Survive but not WiiU.
They were saying that about the 3ds only a year and a half ago, if anything was to be seriously in trouble by tablets it was the 3ds. The wii u is a console and if nintendo would market it as such it wouldn't be a problem, but nintendo's marketing sucks horribly.
yes you'r right its bad marketing & overpriced console.
lol what a stupid reporter from forbes, taking quotes and info from a satire website (got that from article comments) and not even giving any source from his info and thats like failing the base of journalism. Anyway Nintendo still have a buttload of money to whipout the wii U if it doesnt turn around.
Sensationalist headline much
'Game over' Erm, no. I don't think so. If anything, Sony is closer to 'Game over' Than either of the other two. (Oh, I went there.) Nintendo just needs to get their stuff together and pull their heads out of their asses to fix what they're doing wrong. they need to market the Wii U more, at least announce some more games so people know they're coming, if you can't get more 3rd party support, more collabs are the next best thing-- Whatever.
It's Forbes yet again, i.e. just some random idiot with a blog that has no editorial oversight from Forbes magazine itself. This is not Forbes' thoughts or opinion on the matter, it's just this guy's. He's probably not even paid for this trash. The Daily Mail do the same. I really wish these submissions would get blocked, as this "business" model is cancerous to all journalism.
His assessment is accurate. If they couldn't get the juice over this past holiday, it's more than over. 3rd party support is non-existent, and due to rising development costs, no-one is going to release a version for a system that sells 1/10th the volume of the other 2 new systems. It just doesn't make business sense. There will be less and less multi-plats for this system over time. Everyone here seems to forget that these are companies. Companies who are publicly traded. That means that the almighty dollar is king above all else. No sales = No development resources = Dead system. Those who can't see it are probably just children who failed math and don't understand business at all.
This article was basically a joke. Forbes scrapes the bottom barrels for its contributors.
how sad this hole thing is happening ms and sy will buy nintendo games for there consoles and nintendo did it to them self
Nintendo did this to themselves. Wii was a massively successful gimmick. They rolled the Dice with inferior hardware and software and won with the Wii. With the Wii U they came up snake eyes. They pushed their luck this time and hopefully will steer it right in the future. doubtful though. the company has a strange mentality with competition between Sony and MS. wow reading comments on here. Nintendo fanboys are in complete denial; but I guess that's one of the stages...
What are those Nintendo fanboys in denial you're talking about? Because the consensus between Nintendo fans in this article, and other articles, seems to be that yes, the Wii U is doing pretty bad at the mometn, but Nintendo themselves as a company are still pretty damn fine, because they have billions of dollars in the bank and billions of dollars in different assets. Meaning that, even if the Wii U ends up being a complete and miserable flop, Nintendo can wheather the storm and try again with a new console in a few years. And all of that is pretty much true. Nintendo isn't anywhere close to being "game over". Now, there may be the odd fanboy here and there that says absurd things like "Wii U is doing just fine right now", or "Nintendo is doing EVERYTHING right"... or worse yet, "Wii U is more powerful than XBone and PS4 trololol"... but come on... all of the three companies have their fair share of absurd and completely deluded fanboys. There are people that think the Xbox 360 has more and better exclusives than the PS3, and there are people that think that Knack outsold Super Mario 3D World globally. :)
Nintendo FB's seem to think Mario Kart and Smash Brothers are still "must have" games. Times have changed. People want Skyrim, Call of Duty, Mass Effect, Battlefield, Last of Us etc.... Nintendo just gives me smiling clouds, cat costumes, and the same old italian guy.
When the PS3 launched, Sony also thought their PlayStation brand would lead them forward throughout last gen, like Nintendo with this gen. Instead, they came out in last place until just recently, but as a result, put out more effort to create better 1st party games. Besides, Nintendo isn't taking multi-billion dollar losses that force them to sell their own HQ's to stay profitable. They're taking smaller losses in the millions, with the 3DS to fall back on. The Vita, in contrast, will drain some of the profits of the PS4.
I hope Nintendo makes some strong statements (and takes some strong actions) of support for the Wii U ASAP They need to announce some release dates for at least a few of their games slated for 2014 too- right now most anyone thinking of buying a Wi U is going to wait and see what happens- to see if Nintendo is going to support the Wii U- in all honesty they have not supported it to much since release-
Yes, closer to game over, definitely. If Nintendo keeps going like this, they will have to drop out of the hardware business and go third party by 2044. Poor NIntendo. :(