Dude, your ignorance is showing.deadish said:Shareholders OWN Nintendo. That's what it means to own shares in a company.Dragonbums said:Cool. I guess I mean the money I have is also belongs to somebody else under the fallacy of it being my money with my title of ownership on it.deadish said:Errr ... Money in the bank aka "retained earning" IS shareholder money. It all is.Mr.Mattress said:1) No, really, it is there money. They don't have Billions in Stocks for Shareholders to hold, they literally have Billions of dollars in the bank under their name.
2) If it's so gimmicky, why do the XBone and PS4 have Tablet support?
3) If this were the case, then the Wii, DS and 3DS wouldn't be successful, but they are, and they wouldn't have changed the face of gaming, but they did. 3D Mario wouldn't sell over 5 Million Copies, but they do (Super Mario 3D Land, the current 3D Mario title, currently has 8 Million in sales, something most games can't ever reach). And you wouldn't be on this thread if they didn't matter, but you clearly think they matter enough to yell at.
Haven't heard about Tablet support for either console. It won't be popular. The default "dual-shock" style controller will still be the bread and butter for just about every game.
Oh, the "Wii did great argument" again. Well so did iPods. The point is, sure it sold well, but as a platform it was irrelevant - all publishers could bother to put on it was cheaply made shovelware - hence irrelevant to just about everyone except Nintendo.
If this money really belonged to shareholders then explain to me why they haven't just pulled out that money from their banks...maybe it's because it's actually Nintendo's money.
Shareholders haves stocks. They don't don't have anything on Nintendo's money bank.
All assets of a company (including cash on hand) is either debt (bank loans, bonds, etc. ) or equity (shares). Anything that isn't debt is equity, ergo, shareholders'. A company doesn't really own any money per se. A company is a machine to make money for its shareholders. Shareholders that are concern about returns on their investments.
I'm quite sure Nintendo's management is under a lot of pressure, from shareholders (who can fire them), to turn their home console business around - hence their out reach to 3rd party developers. No point in wasting money making and pushing hardware that few are buying. Shareholders are probably not happy about the "waste" - they are not investing in a charity.
First off, the way corporations work in American is that they are LEGALLY personal entities, people. That entitles the CORPORATION to a bank account and to its own pile of cash. That's not stuff that the shareholders own, that is literally money under Nintendo's name, as a person, in the bank, that no shareholder can touch. Shareholders don't OWN Nintendo, last I checked Nintendo wasn't a publicly traded company. Shareholders can't FIRE Nintendo employees, like any other business they would be run by a small group of people.
Secondly, Nintendo is in Japan, which puts them to a different set of legal and cultural (and probably some business) rulings anyway!
Third, you are ignoring the many-times cited facts that Nintendo is DOMINATING and has been since basically ever. Them falling back a bit due to the competition of Microsoft and Sony does not automatically throw them in the shitter and have "shareholders" (who have no say at Nintendo) biting their heels. Nintendo has more money saved up than Microsoft's console department and ALL of Sony put together, and their track record is beyond consistent, AND their handheld still owns the market. Again, Nintendo's Japanese, they don't have the same single-minded mentality for chasing quarterly profits that American companies do, they thing long-term. Which means that their "shareholders", even if they did hold power to "fire them", (whatever that means, you gonna fire Shigeru Miyamoto? You really think that would go over well with the public image?) would understand that as well.
Again, Nintendo DID reach out to third party developers. 3rd parties complain that they can't compete with Nintendo titles (kind of shows just how much everybody WANTS those third titles, hm?) so Nintendo gave them a window and they blew it. Now Nintendo's coming back to fill the void, because they don't NEED third party titles to stay afloat. That's been literally the whole point the defenders have been making this entire time.
I'm gonna stop you right htere and point out that the fact that Nintendo isn't mentioned among AAA gaming is not a BAD THING. AAA gaming is a swirling shitstorm right now and soon it'll all flush itself out. And Nintendo will still be standing, because they didn't bend to the bad practices the AAA industry is doing. "AAA titles" at this point are a warning sign to me and a growing amount of people. Tells you what kind of budget and developer was making it and thus what kind of shanking you can probably expect.Lightknight said:If I'm going to buy a console, it'd better have 3rd party support at the bare minimum. The fact that most everyone doesn't even bother to mention Nintendo anymore in the AAA strata is more telling than anything else. The WiiU is already set up for another generation of being too much weaker than the competition to get the really great titles.
One day, maybe I'll be able to buy their software on other systems. That's when I'll give them a chance again.
Nintendo will never, EVER sell its software to other systems. At the rate things are going, it'll actually be the other way around.