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[Aquamarine]

Yes... these are estimates from geniuses like Pachter, not the final numbers from Nintendo. They're probably not based on any insider info.

When is any analyst predictions based on "insider info"?

They're in a better position than any of us to make predictions about the future of companies.

Nope. Read the posts. If true, this is some 2bn yen better than they predicted.

....With dramatically-altered projections. Nobody is getting rid of Iwata because he's made a commitment to hit a very specific target.

 

[nekomix]

Dude... I thought it was really serious, Iwata was in deeper shit but no, they may just meet and even surpass expectations according to Bloomberg.

Phew, my shares are safe for the moment Thanks to the trolls for my heart attack !

 

[Freezie KO]

So he put out a criminally underpowered console with horrific online systems that required massive updates day 1. It was a rushed console that should have had much more horsepower, a much better online infrastructure, and it shouldnt have launched until later this year giving them time to do it all right.

I'd rather have the current Wii U online system than XBox Live.

 

[metalslimer]

I am sure the investors would look to other opportunities in the videogame industry and see nothing else worth investing in at the moment.

Ok so they would leave gaming all together? How does that change anything?

 

[TheNatural]

Diversification is totally irrelevant when that diversified company is losing money on almost everything they do. And they haven't cut out their television division. In fact they just revealed their absurd $25,000 4K televisions.

In fact I think the only division they have that makes a profit is the camera division, which is small industry.

The gaming division makes money, sometimes.

I'm pretty sure the gaming side turned a profit recently. Not that Sony is in any great shape, but it's easier for them to make changes than Nintendo. It was pretty apparent they made horrible decisions with the Cell processor and lost a lot of money because of it. They worked through that and completely changed the design philosophy.

Not so clear for Nintendo. Serious problems with third parties and finding a market of anyone to buy the system. It's not just change a design or cut back on other divisions to solve a problem.

 

[ClovingWestbrook]

I'd rather have the current Wii U online system than XBox Live.

Whatabout PSN? The Wii U is worse than the PS3/Vita in terms of online.

 

[grimshawish]

Nope. Read the posts. They expected a 20bn loss. If this forecast is true, this is some 2.3bn yen better than they predicted.

*ahem*

This is a short term gain as they downgraded predictions basically every week.
Also this is another prediction, not numbers. Could be better, could be worse.

 

[ArchangelWest]

This doesn't really have anything to do with Nintendo...

Saying "oh hey, I lost less than you did" isn't very impressive.

I doubt seriously that that's the attitude. It does however prove Nintendo to be in a much stronger financial position than Sony since Nintendo won't lose that much in a decade. Of course the shareholders want the 'It prints money!' days all the time. But they also are realistic. Replacing a guy like Iwata at this time would only hurt their wallets farther as the company goes through a long time of uncertainty in leadership. They've seen the 3DS turnaround. They know that as bad as things were a year ago, they are better now because of the thing that was dragging them down then. While surely they are angry and Iwata will be a bit brow beaten for a while, they know they need him, and they want to hear how it will all be better by this time next year, far more than they want him to resign, and they replace him with someone less capable.

Going back to more expensive hardware at this time when Sony and MS have a lock on that, and apparently the money to burn would be pure folly. The only things Iwata can truly be faulted for with the Wii U situation is that he must have foolishly believed that the Wii gravy train was going to last longer since Nintendo came into the Wii U release very unprepared from a first party game release standpoint, even with an unreleased Wii game (Pikmin 3) in their back pocket.

 

[DarkPanda]

Every single console OS starting from the 360 has gone through MASSIVE changes yet people in here are acting like Nintendo is alone with this...revisionist history much? The 360 OS looks completely different than it did at the start of the gen

The point is that the Wii U's OS is still inferior to things that existed well over a year before it's launch. The 360 was doing completely new things (in the console space) and it took MS time to figure everything out, while Nintendo had 2 examples to look at and copy and still came out with an OS that was less functional, slower, and more buggy than the competition.

 

[lantus]

And this is why we had Nintendo Direct last week with like 3 new games announced.

 

[Zia]

Hopefully they'll learn something from this and shift away from their increasingly anti-consumer business practices.

Spoiler

Hohohoho... ho... ho. : (

 

[nick nacc]

Nintendo's cash mountain can't last forever. They could have just make the wii mote better, added a decent normal controller, and had graphics to compete in this gen and people would have went crazy.......nope, shitty focus on junk iPady controller.

 

[Mihael Mello Keehl]

My God! Does this increase the chances of Iwata leaving? If so take that fucking clown Reggie with you, his "Charm" is fucking gone now, if you're gonna use a puppet to blame all the decisions on then use one that's likeable at least.

Jesus christ yall get way too offended by the industry personalities.

 

[Freezie KO]

Whatabout PSN? The Wii U is worse than the PS3/Vita in terms of online.

PSN is the best right now. Although I wouldn't pay for PSN+, personally.

 

[timetokill]

GAF really hates guys who have 2 poor product launches in a row.

This is why everyone hates Kaz Hirai and thinks he should get the boot too. The PSPgo and Vita were both catastrophically shitty.

At least Iwata saved the 3DS and has Nintendo's 2 most successful platforms under his belt. Kaz has, what, zero?

 

[ClovingWestbrook]

The point is that the Wii U's OS is still inferior to things that existed well over a year before it's launch. The 360 was doing completely new things (in the console space) and it took MS time to figure everything out, while Nintendo had 2 examples to look at and copy and still came out with an OS that was less functional, slower, and more buggy than the competition.

Yep. I fully expect the PS4/720 to blow the Wii U system out of the water. It won't even be close. Shoot, atm the Vita is better than the Wii U since it has NOTIFICATIONS! and an actual account system, not to mention party chatrooms, etc.

 

[nhlducks35]

I am sure the investors would look to other opportunities in the videogame industry and see nothing else worth investing in at the moment.

MS Entertainment division is doing pretty good.

So is there a planned investor meeting happening soon?

I think this week.

 

[shinra-bansho]

Howard Stringer is already gone.

Nintendo is a game making company, as is EA.
Sony's sector is not just games, as you are probably aware of. Their losses in the games sector were?

The Game segment recorded operating income of ¥29.3B in FY11.

A more nuanced look at the company's report for FY11 would note that Sony incurred a large non-cash tax credit write-down and a non-cash write-down in the TV segment.

This all being entirely unrelated to the actual topic at hand of course.

 

[Erv]

So is there a planned investor meeting happening soon?

 

[Shao Kahn Brewing a Stew]

Wii would like to pay...

 

[Cbajd5]

I have PS+ and while the updates on the PS3 are terribly slow I am able to download Vita games/demos quite fast. When I had the PS3 it was slower. I get much better speed on my Vita than my 3DS and Wii U.

My Vita won't even connect to/download anything using my Android phone's tethering (4G LTE Speeds are better than my home internet speeds) while my 3DS, Wii U, 360, PCs, and PS3 can.

So from my anecdotal example the Vita is infinitely worse than anything else. So because of that comparison between whatever your difference in speeds is to my infinite difference, the Vita is ultimately infinitely worse.

YEAH!

 

[ClovingWestbrook]

GAF really hates guys who have 2 poor product launches in a row.

This is why everyone hates Kaz Hirai and thinks he should get the boot too. The PSPgo and Vita were both catastrophically shitty.

At least Iwata saved the 3DS and has Nintendo's 2 most successful platforms under his belt. Kaz has, what, zero?

He is turning Sony around...

Sony has gotten BETTER under Hirai while Nintendo Iwata has two terrible launches. Kaz wasnt the CEO when the PS3/Vita released. Sorry.

 

[udivision]

GAF really hates guys who have 2 poor product launches in a row.

This is why everyone hates Kaz Hirai and thinks he should get the boot too. The PSPgo and Vita were both catastrophically shitty.

At least Iwata saved the 3DS and has Nintendo's 2 most successful platforms under his belt. Kaz has, what, zero?

No one remembers the PSP GO, it was so bad. Oddly enough, I think that kind of helps the company's image.

 

[InsaneZero]

So is there a planned investor meeting happening soon?

The earnings report is planned to come out on the 24th, so the meeting should happen on the 25th according to historical trends.

 

[Hero]

Explain to me what this means




How would running Nintendo into the ground not imply they'd no longer be making games?

Let me try to explain. Video games are a hobby to me but they are a luxury. If I could no longer play any video game for the rest of my life it would but unfortunate but it doesn't effect my mental, physical or financial well-being. In the absolute worst case scenario that Iwata bankrupts Nintendo where they can no longer afford to make games that will suck but it still won't effect my mental, physical or financial well-being. My life will go on. Again, this is an absolute worst case scenario which I find disagreeable to begin with. There are lots of companies which have gone out of business where I enjoyed their products or services but at the end of the day it's unfortunate and that gap will be filled by another company.

 

[Skyzard]

GAF really hates guys who have 2 poor product launches in a row.

This is why everyone hates Kaz Hirai and thinks he should get the boot too. The PSPgo and Vita were both catastrophically shitty.

At least Iwata saved the 3DS and has Nintendo's 2 most successful platforms under his belt. Kaz has, what, zero?

Vita launch was fantastic in terms of games, doubt the fans have any ill-will towards him for that.

Much more hate for closing Studio Liverpool probably.

 

[ClovingWestbrook]

No one remembers the PSP GO, it was so bad. Oddly enough, I think that kind of helps the company's image.

Kas wasnt the CEO when the GO launched...

 

[Steve Youngblood]

You're missing the point though.

People aren't complaining about an OS changing over time.

They're complaining about the size of the update, the speed of download, the fact that it was on Day 1, the slow applications/boot back to menu...

Yeah. I was there day one. Regardless of what the actual of the download was, I have a 15 Mbit connection and it took me a solid hour and a half of downloading/installing patches for the system and subsequently New Super Mario Bros. U before I was actually playing anything. And to add insult to injury, performance of the OS was and still currently is abysmal even after that massive patch.

 

[Nightstick11]

You know who Iwata reminds me of? Joe Dumars. Hear me out.

Much like the 04 and 05 pistons, iwata creates two unlikely juggernauts that crush their competition out of nowhere. The entire league/industry is blindsided.

For six straight years, Nintendo dominates, paralelling the Pistons' 6 straight ECF appearances.

When the current generation gets old, Iwata has a bizarre plan to smoothly transition its dominance; the reliance on 3D and the gamepad parallels Dumars' hypothesis that combo-positions ala ben gordon rodney stuckey charlie villaneuva etc are the futurwbpf the NBA.

Much like Dumars, Iwata was wrong. But because of the sheer audacity of choices that lead to unprecedented success before, they get a pass from their organizations far longer than lesser men would have gotten.

 

[TreasureHunterG]

Vita launch was fantastic in terms of games

Not even close.

 

[Erv]

The earnings report is planned to come out on the 24th, so the meeting should happen on the 25th according to historical trends.

Thanks man.really looking forward to that if nintendo announces games.

 

[nekomix]

Going back to more expensive hardware at this time when Sony and MS have a lock on that, and apparently the money to burn would be pure folly. The only things Iwata can truly be faulted for with the Wii U situation is that he must have foolishly believed that the Wii gravy train was going to last longer since Nintendo came into the Wii U release very unprepared from a first party game release standpoint, even with an unreleased Wii game (Pikmin 3) in their back pocket.

Moreover, many GAFfers want Nintendo to get in Sony/MS's ways but from an economical standpoint, what's better? Nothing proves that Sony/MS's ways are better, they are healthier today than Nintendo but overall, they still and will never reach Nintendo numbers. I'm not saying that how they handled WiiU/3DS launches are the best ways to success.

He is turning Sony around...

Sony has gotten BETTER under Hirai while Nintendo Iwata has two terrible launches. Kaz wasnt the CEO when the PS3/Vita released. Sorry.

Ok for PS3 but he was behind PSPGo/PSVita launches, he was SCE president between 2007 and 2012

 

[ClovingWestbrook]

My Vita won't even connect to/download anything using my Android phone's tethering (4G LTE Speeds are better than my home internet speeds) while my 3DS, Wii U, 360, PCs, and PS3 can.

So from my anecdotal example the Vita is infinitely worse than anything else. So because of that comparison between whatever your difference in speeds is to my infinite difference, the Vita is ultimately infinitely worse.

YEAH!

How long did it take you to download/update the day 1 patch for the Wii U?

 

[RurouniZel]

GAF really hates guys who have 2 poor product launches in a row.

This is why everyone hates Kaz Hirai and thinks he should get the boot too. The PSPgo and Vita were both catastrophically shitty.

At least Iwata saved the 3DS and has Nintendo's 2 most successful platforms under his belt. Kaz has, what, zero?

SHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH!!!!!!!!!!!!

Sony hate not allowed on GAF!

 

[Relaxed Muscle]

I am sure the investors would look to other opportunities in the videogame industry and see nothing else worth investing in at the moment.

Yeah, GungHo is making a fuckton of money but is not worth investing...

 

[StreetsAhead]

Thanks man.really looking forward to that if nintendo announces games.

I don't　think　they'll　announce　anything,　but　they　may　give　us　an　idea　of　future　services/features　+　launch timeframes of already announced games.

 

[Iacobellis]

The Vita had a pretty good launch lineup. On top of that, Kaz was only the CEO for that launch. He wasn't even CEO during the creation of either device! Iwata on the other hand...

 

[metalslimer]

SHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH!!!!!!!!!!!!

Sony hate not allowed on GAF!

Conspiracy theory/Victim complex/Hivemind in 3....2.....


Note though: Hirai was president of SCE during the development of vita and the psp go release

 

[ClovingWestbrook]

SHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH!!!!!!!!!!!!

Sony hate not allowed on GAF!

Smh

 

[Erv]

I don't　think　they'll　announce　anything,　but　they　may　give　us　an　idea　of　future　services/features　+　launch timeframes of already announced games.

Well if that's the case that's better than nothing. It will make the wait for e3 a little more bearable.

 

[Cbajd5]

How long did it take you to download/update the day 1 patch for the Wii U?

Maybe an hour? I don't remember at this point, and it was a one time situation.

But I can't update my Vita at all now without connecting it to my PS3 and having it download the update.

 

[grimshawish]

Kaz isn't in charge of gaming anymore tbf and is doing very well elsewhere - especially mobile.
In terms of Sony overall the PS4 looks to be the right hardware but am disappointed in a lack of change with software from them if am honest.

 

[Neiteio]

WHAT IS GOING ON IN HERE.

LOUD. NOISES.

 

[dokish]

Versus for Wii U announcement incoming...

 

[Dysun]

The jest is taking suicide - a horrendous form of passing anyway - and a very painful form of suicide and putting it in a horrible image whilst 'jesting' if someone wanted the short or long sword.

Your post was in bad taste and vulgar. It certainly wasn't humorous, you missed out the joke and wit.

 

[Father_Brain]

Kaz wasnt the CEO when the PS3/Vita released. Sorry.

You're right that the PS3 launch disaster is mostly on Kutaragi, and he paid for that six years ago, but nearly every decision that went into launching Vita - hardware design, targeted pricing, first-party support or lack thereof, failure to secure major third-party support - was made while he was President and Group CEO of SCE. So he's actually more directly responsible for that particular debacle than he would be had he been CEO of Sony proper at the time.

 

[StreetsAhead]

Well if that's the case that's better than nothing. It will make the wait for e3 a little more bearable.

http://www.nintendo.co.jp/ir/pdf/2013/130131e.pdf

See the last few pages on here. We might get an update on some of the titles, if any are moved from TBD to 2013 or given a month or season.

 

[Relaxed Muscle]

Versus for Wii U announcement incoming...

A shovelware game for a dying console. Fitting.

 

[Averon]

SHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH!!!!!!!!!!!!

Sony hate not allowed on GAF!

Were you not on GAF between 2006 and 2009? Because if you were you'll understand how ridiculous your post is.

 

[qizah]

Iwata's fate won't be known until after Holiday 2013, I think. If the Wii U fails to pick up by that point it's more likely that changes are coming.

I do think that Iwata did a lot of good for Nintendo with the DS, Wii and 3DS. If he does get the boot, I think the Wii U might be end up being in more trouble than it currently is. If the new CEO decides to completely reposition the Wii U and the strategies in place for the next 4-5 years, it's going to be a clusterfuck.