Nintendo Records First-Ever Full Year Loss in 2011
- Thread starter Andy Chalk
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lol why didn't they try to hedge those foreign exchange losses? With all those sales they could afford someone who understands how to use forward purchase contracts on cash balances.
My first thought was: earnings management! That they washed deadwood assets off their books through their costs, and accrued semi-bogus expenses that reverse next year, so that next year will look super awesomesauce! Then I read the line about sales. And you only fake that by under-recording receivables. And who does that?
My first thought was: earnings management! That they washed deadwood assets off their books through their costs, and accrued semi-bogus expenses that reverse next year, so that next year will look super awesomesauce! Then I read the line about sales. And you only fake that by under-recording receivables. And who does that?
It saddens me, I wish Nintendo would stop making so many kiddy games, and gimmicky consoles, and get back in the game.
Ouch. Maybe this'll help Nintendo realize that it takes more than early massive hardware sales to keep things going. After everyone buys your console, you gotta give them games to play on it.
Still, at least they're not doing as bad as Sony. Those poor guys are tanking in nearly every category but videogames.
Still, at least they're not doing as bad as Sony. Those poor guys are tanking in nearly every category but videogames.
I love Nintendo, and I grew up on them, but as soon as I saw that they're expecting fucking Brain Age to save their sales...I...just I...
[/spoiler]
Dear Nintendo,
Please stop squashing my hopes and dreams and go back to making great innovative games, please.
Love,
Mizzy
Dear Nintendo,
Please stop squashing my hopes and dreams and go back to making great innovative games, please.
Love,
Mizzy
Nintendo Wii: no games.
Nintendo DSi: slowed to an agonized crawl.
Nintendo 3DS: no games.
Gee, who would have thought Nintendo would be doing so poorly. Heads up, Nintendo: you actually have to continue to release content for your platforms if you want people to keep giving you money.
Nintendo DSi: slowed to an agonized crawl.
Nintendo 3DS: no games.
Gee, who would have thought Nintendo would be doing so poorly. Heads up, Nintendo: you actually have to continue to release content for your platforms if you want people to keep giving you money.
you know what this means, guys? Another OOT re-release! What doesn't have OOT on it? They'll port it there.
OH! PC version.
OH! PC version.
Not to say much, but it was kinda bound to happen.
The Wii has had the problem of excessive shovelware on it instead of some decent games. It's also the problem of bad 3rd party support, seeing how the Wii had a good idea with Red Steel & Red Steel 2 (gunplay + sword fighting), but they've never really capitalized on what people would buy. It's kinda bad when you can look in a game store and overlook bunches of games, not because of lack of interest or funds, but because of some mind-boggling bad crap.
Hopefully Nintendo responds accordingly and realizes you can't just rely on the casual crowd; you need more than that if you dare to stay afloat these days. You can't just use gimmicks which do show some promise but not to the degree we'd like and expect it to keep selling; you have to integrate them PROPERLY. You can't just rely on the initial hit; you have to keep giving something to come back to and some new bait to get the fish outta the water. You can't keep letting excessive crap flood your market; you have to put some quality control out there.
I hope they bounce back from this one and really make a good impression this year tho.
The Wii has had the problem of excessive shovelware on it instead of some decent games. It's also the problem of bad 3rd party support, seeing how the Wii had a good idea with Red Steel & Red Steel 2 (gunplay + sword fighting), but they've never really capitalized on what people would buy. It's kinda bad when you can look in a game store and overlook bunches of games, not because of lack of interest or funds, but because of some mind-boggling bad crap.
Hopefully Nintendo responds accordingly and realizes you can't just rely on the casual crowd; you need more than that if you dare to stay afloat these days. You can't just use gimmicks which do show some promise but not to the degree we'd like and expect it to keep selling; you have to integrate them PROPERLY. You can't just rely on the initial hit; you have to keep giving something to come back to and some new bait to get the fish outta the water. You can't keep letting excessive crap flood your market; you have to put some quality control out there.
I hope they bounce back from this one and really make a good impression this year tho.
Nintendo has no gam....es?
Animal crossing, Kid Icarus, Luigi's mansion 2, Mario kart 7, Super Mario 3D land. And thats only on there handheld.
Not to mention the Wii U which we can assume is coming out this year or next and if the rumors are right it will have PIKMIN 3!!! And an HD mario game.
Oh and there still making games for the wii. They've released Xenoblades for the American audience which will certainly appreciate that, and they released Skyward sword for the wii to. It might not seem like there pushing the wii to hard but they have another console and another in the oven.
Nintendo reached out to the Hard core fans becuase they knew they couldn't beat Microsoft and Sony or at least didn't want to play that game. Instead of being hurt by that you can aknowladge that fact that Nintendo was trying to gain new coustomers. There probabally the only AAA company that is still freindly to those who've stucked with them. When the 3D's got a price cut they actually gave free stuff to those who bought before the cut. Did they have to do that? Nope. They did it cause nintendo cares.
Look I just want people to get that Nintendo isn't going anywhere and that just becuase there 3rd parties suck, most of there games are top notched. Sure they make a lot of Mario games but most of there Mario games are fun. (3D land was pure Joy)
Animal crossing, Kid Icarus, Luigi's mansion 2, Mario kart 7, Super Mario 3D land. And thats only on there handheld.
Not to mention the Wii U which we can assume is coming out this year or next and if the rumors are right it will have PIKMIN 3!!! And an HD mario game.
Oh and there still making games for the wii. They've released Xenoblades for the American audience which will certainly appreciate that, and they released Skyward sword for the wii to. It might not seem like there pushing the wii to hard but they have another console and another in the oven.
Nintendo reached out to the Hard core fans becuase they knew they couldn't beat Microsoft and Sony or at least didn't want to play that game. Instead of being hurt by that you can aknowladge that fact that Nintendo was trying to gain new coustomers. There probabally the only AAA company that is still freindly to those who've stucked with them. When the 3D's got a price cut they actually gave free stuff to those who bought before the cut. Did they have to do that? Nope. They did it cause nintendo cares.
Look I just want people to get that Nintendo isn't going anywhere and that just becuase there 3rd parties suck, most of there games are top notched. Sure they make a lot of Mario games but most of there Mario games are fun. (3D land was pure Joy)
I was a huge Nintendo fan boy, started with the NES and grew up with them.
Probably wont buy another Nintendo console, they seem to always be a step behind in core concepts, but a step ahead in gimmicks.
Its funny every time I read a Nintendo article, it always reminds me that I gave mine away to a chick friend of mine 4 years ago. And the only things I want back, are my GameCube controllers.
The fact is when I heard that the WiiU wont be able to play the new Crisis game, red flags went up everywhere. I mean the writing is on the wall, if it cant even play a demanding game now what will it be able to handle 4 years from now. This thing is going onto the store shelf obsolete.
Probably wont buy another Nintendo console, they seem to always be a step behind in core concepts, but a step ahead in gimmicks.
Its funny every time I read a Nintendo article, it always reminds me that I gave mine away to a chick friend of mine 4 years ago. And the only things I want back, are my GameCube controllers.
The fact is when I heard that the WiiU wont be able to play the new Crisis game, red flags went up everywhere. I mean the writing is on the wall, if it cant even play a demanding game now what will it be able to handle 4 years from now. This thing is going onto the store shelf obsolete.
Not surprising. There were very few Wii titles to be excited about in 2011. Besides, with the Wii global boom having passed, it doesn't seem realistic to maintain those crazy numbers.
2012 should be interesting in that the first 2 quarters seems as though they are equally slow for the Wii. But the launch of the Wii-U has potential to be huge for them again (despite my lack of personal interest in the console).
2012 should be interesting in that the first 2 quarters seems as though they are equally slow for the Wii. But the launch of the Wii-U has potential to be huge for them again (despite my lack of personal interest in the console).
Nintendo will get back up. The WiiU will be a success. Don't worry about them.
They had a bad start with the 3DS, now they are paying for it. But they knew this would happen, they prepaired them self.
Also, the second problem, beside the loses on every 3DS sold are that Nintendo is developing many game at the same time. If you follow just some Nintendo news, you will see that they are talking about many projects, for the WiiU, the 3DS and the DS. And they haven't released much.
So once they finish with the development, they will start earning again.
Add to that the development costs of the WiiU.
The spread their finances to much, but they knew that they will be losing until they prepair the ground. Unlike the other companies, Nintendo wants to keep 3/4 consoles (can't remember what they said about the DS) alive, which take a lot of money at the start until they start earning.
And to those ignorant brats, get your fucking facts right.
There are many great games on the Wii, especially in the last 2 years. Just because you don't like them doesn't mean they are bad. Your opinion isn't the Word of Notch, it's just your opinion. Same goes for the 3DS.
But no. Keep judging Nintendo based on Yahtzee's reviews. That will bring you far.
And funny how you can dismiss almost all posts that start with "I was a Nintendo fan". You know it will end with some of the worlds most crappies arguments ever made.
They had a bad start with the 3DS, now they are paying for it. But they knew this would happen, they prepaired them self.
Also, the second problem, beside the loses on every 3DS sold are that Nintendo is developing many game at the same time. If you follow just some Nintendo news, you will see that they are talking about many projects, for the WiiU, the 3DS and the DS. And they haven't released much.
So once they finish with the development, they will start earning again.
Add to that the development costs of the WiiU.
The spread their finances to much, but they knew that they will be losing until they prepair the ground. Unlike the other companies, Nintendo wants to keep 3/4 consoles (can't remember what they said about the DS) alive, which take a lot of money at the start until they start earning.
And to those ignorant brats, get your fucking facts right.
There are many great games on the Wii, especially in the last 2 years. Just because you don't like them doesn't mean they are bad. Your opinion isn't the Word of Notch, it's just your opinion. Same goes for the 3DS.
But no. Keep judging Nintendo based on Yahtzee's reviews. That will bring you far.
And funny how you can dismiss almost all posts that start with "I was a Nintendo fan". You know it will end with some of the worlds most crappies arguments ever made.
Well here is a crazy thought Nintendo, try putting out some games and don't rely so much on hardware and shovel-ware to support that hardware. It should have been damned obvious that was a terrible business model you dumbasses. So, we got a few Mario games and (technically) a few zeldas for the wii. Sadly, there is a whole lot more time in a system's lifespan then that. Maybe a few more Smash bros., Mario karts and even another Metroid game would help? Don't limit yourself by a weird motto: "oh, we can only release this many of this game on this system"... just, just stop. You know people only buy your hardware for the AAA games, and only giving us a few can't possibly give you the revenue you need to stay in business. What do you expect everyone to do, buy Skyward sword 5x?
Oh, a drop the fucking mii's. Get off your lazy asses and make characters again. Yeah, I noticed you've been using them as filler in every other game of yours. It's obvious now whats going on.
Also, lol at you realising you actually needed the hardcore gamers after all.
Yeah casuals got sick of your stuff and moved on to the next shiny thing. That's what casuals do.
Oh, a drop the fucking mii's. Get off your lazy asses and make characters again. Yeah, I noticed you've been using them as filler in every other game of yours. It's obvious now whats going on.
Also, lol at you realising you actually needed the hardcore gamers after all.
I think they abandoned the loyal gamers to go for the casual market, who have in turn screwed them over because they prefer their iPads, and now they want back in the hardcore gamers lives again? Well, sorry, that ship has sailed. People who grew up with Nintendo now find their loyalties in companies that deserve it more, like Blizzard, Bioware (...not so much now) and Bethesda. Unless they change their name to Bintendo and start putting games on Steam, I can't see old fans buying another console for another round of their cloned games.
You are aware that 360/PS3 tech is very old and easy to come by now, and it has already been said that the wiiU is more powerful (if even a little) then those ancient things. And believe me, in terms of hardware lifespans 6 years is ANCIENT.TheAngryMonkey said:
No one said the wiiU couldn't run the new Crisis. The people developing Crisis 3 said it wouldn't because they wouldn't bring it over; there's a huge difference. This could have anything to do with them not thinking a mature rated game would do well on the console, to them just not having the time to develop for the wiiU because developers just recently got the kits.
People have a really weird way of thinking about this.
This loss is not about the "failure" of the Wii.
Wii served its purpose. The decline in support from Nintendo can surely be attributed to the upcoming Wii U.
Wii was the record breaking top selling system for four full years and still sold millions of units even in it's "lame duck" 5th year in 2011 and beyond.
Nintendo home systems only run for five year periods anyway.
Its sort of like saying "See, I told you Clinton/Bush wouldn't last as president." after their term limit has maxed out and they HAVE to step down.
This loss is not about the "failure" of the Wii.
Wii served its purpose. The decline in support from Nintendo can surely be attributed to the upcoming Wii U.
Wii was the record breaking top selling system for four full years and still sold millions of units even in it's "lame duck" 5th year in 2011 and beyond.
Nintendo home systems only run for five year periods anyway.
Its sort of like saying "See, I told you Clinton/Bush wouldn't last as president." after their term limit has maxed out and they HAVE to step down.
I'm still waiting for the microwave version before i gush fanjuice everywhere.Shia-Neko-Chan said:
OT: Somehow i'm not surprised at all. Last generation my Gamecube was almost constantly on as it had a whole bunch of games my younger self really wanted to try out, but over the last year i've put my Wii away in a box while my PS3 is the one getting a near-constant workout.
Personally i think they'd solve a lot of their issues by bringing back a normal-looking controller for once because i'm still iffy about that control scheme they've got lined up for the Wii U even though i'd like to play their new Zelda game.
On that note: Skyward Sword is the only Zelda game released inside my time as a living being that i haven't bought and i've considered myself to be a pretty big fanboy to the franchise.
There's a lot of sickness symptoms around you now, Nintendo. Maybe it's time you invented some new games instead of new systems. (How long did they predict the PS3's cycle would be?)