Dirk Benedict
Member
I prefer the wait and see approach. It would appear I'm not the only one.
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Nintendo stock drops 8%, Analysts react to NX goals and more
- Thread starter maxcriden
- Start date
I prefer the wait and see approach. It would appear I'm not the only one.
EatinOlives
Member
And more fun to play than Amiibo Party too!
Yup. That said, they've set themselves up to need a pretty impressive reveal and launch lineup by delaying til next year and skipping E3. They have to deliver pretty big or investors (and fans) will be really disappointed.
Its not that big at all. Think about how bad of a from it would have been if they didn't go "uhhhhhh MOBILE". 20%?
With the scale of fuck up that the NX news has been, 8% is tiny.
MrCunningham
Member
So shareholders aren't happy about a non-holiday release?
That's actually not surprising at all.
That's actually not surprising at all.
Cow Goes Moo
Member
i look forward to nintendos mobile efforts more than nx personally
i think it will help them out more in the long run
i think it will help them out more in the long run
tinfoilhatman
all of my posts are my avatar
Sorry I just don't think N will ever be able to again compete with MS and\or Sony in the home console space they've just lost way way too much mind share and they can't afford to build equivalent hardware.
Davey Cakes
Member
It's not that simple. Nintendo developing within their own ecosystem allows them more freedom than you think.
As a Nintendo fan I actually enjoy having Nintendo hardware. If people don't want to buy it to get their Mario fix, they don't have to.
Nintendo have the ability to do more with their systems, but they've been too insular. This is why the current transition is a plus.
Me too. Ultimately I think they are going to launch in March 2017, but the question is whether they will have to rush things to do it or if missing the holiday-season was to be able to not rush it to release. Right now I'm thinking the first one, using the same reasoning Pachter is, and that's a little scary. Clearly they are pushing the date as far back as they can without missing the FY entirely; not showing at E3 and without committing to anything specific in terms of reveal date apart from "this year" is also a red flag that they're just not ready.
LoveCake
Member
Not surprised by this, surprised it's only 8% drop, however he downward trend could continue, the revenue and profits were down on the earnings report the other day and the NX is not coming out until basically the time the next years earnings report comes out, and what revenue will Nintendo be getting from now until the release of the NX, there are a couple of Pokemon games coming out at Christmas, but what else, I have a 3DS and WiiU and there is nothing at all that I am interested in, I was going to get Zelda U but there is no point now and this won't help Nintendo, can they rely on mobile and Amiibo's for near-enough a year?
I know a lot of money is made from mobile phone games, but if the revenue is so good for Nintendo they will push even more into it and I don't have any interest in mobile phone gaming and if miitomo is anything to go by I won't be missing much.
Nintendo may have a pile of cash, but running Nintendo must cost a fortune a year in wages alone.
I know a lot of money is made from mobile phone games, but if the revenue is so good for Nintendo they will push even more into it and I don't have any interest in mobile phone gaming and if miitomo is anything to go by I won't be missing much.
Nintendo may have a pile of cash, but running Nintendo must cost a fortune a year in wages alone.
I expected mobile to save them from this. I guess since it's not Mario or Pokemon, the investors aren't impressed.
The problem is that we don't know how drastically they would need to change in order to sustain themselves as a third-party. It's nice to think that their software would sell three times as much on three times as many platforms, but there are other factors to consider. Basically, it's not a sure bet.
At this point though, it's tough to say what the best option is. If Nintendo can't get third-parties in their hardware due to not appealing to that audience, would Nintendo be able to appeal to the audience of other platforms? If they end up needing new IPs to do so, who's to say that they wouldn't have been better off just putting those games on their own platform and cultivating that expanded audience? This is the opportunity cost to consider. There's a chance that Nintendo could just get a few western studios, expand their demographic with new genres, and end up knocking Microsoft out of the market instead.
The problem is that we don't know how drastically they would need to change in order to sustain themselves as a third-party. It's nice to think that their software would sell three times as much on three times as many platforms, but there are other factors to consider. Basically, it's not a sure bet.
At this point though, it's tough to say what the best option is. If Nintendo can't get third-parties in their hardware due to not appealing to that audience, would Nintendo be able to appeal to the audience of other platforms? If they end up needing new IPs to do so, who's to say that they wouldn't have been better off just putting those games on their own platform and cultivating that expanded audience? This is the opportunity cost to consider. There's a chance that Nintendo could just get a few western studios, expand their demographic with new genres, and end up knocking Microsoft out of the market instead.
SinCityAssassin
Member
I think the stock drop was larger when Miitomo was revealed to not be made as a game or an instant money maker. The fact that these mobile announcements managed to keep the drop from the OTHER factors from going double digits is telling. They know Fire Emblem and Animal Crossing are still big draws in Japan and worldwide now.
GabeTheGrouch76
Member
If anything, I was expecting a much deeper drop. They got off easy here.
Nostremitus
Member
What move to March 2017? We never had a release date before. Just end of FY16...
IIRC a lot of people assumed calendar year 16 because AMD spoke about semicustom design wins. I'm fairly certain at this point that the one people assumed was NX and lead to the holiday 16 rumor was actually PS4K...
Unless I completely missed some news somewhere.
civilstrife
Member
Im a huge Nintendo fan, but I find myself agreeing with this sentiment more and more.
If NX's "hook" isn't amazing, what exactly is the point of them releasing their own hardware? The world doesn't need three identical game consoles with exclusive libraries.
NOLA_Gaffer
Banned
Some of Nintendo's best and most unique software in the last decade could only exist due to their unique hardware designs, moving to a PC means they'd just be stuck making games on KB&M and standard gamepads, which sounds boring as hell.
It's going to be the face-petting game that got cut from Fates.
Liquidsnake
Banned
I don't want to sound like a jerk, but I was a kid the last time I was excited for anything Nintendo was doing, and I am getting close to mid life.
Did that guy in that Bloomberg-video just say Animal Crossing, the franchise that sells over 10 million copies each on handheld devices, is not a top-tier franchise at Nintendo? That it's not in the same class as something like Zelda, the franchise that rarely even reaches 5 million? Ok.
IIRC the slides they released yesterday said the game was going to be an rpg so it will probably be normal FE adapted to mobile.
spookyfish
Member
One of the few times I agree with him. When they said "March," my thoughts were "October."
LUFTRAUSER
Banned
Not exactly a surprise. I'm not saying Nintendo is doomed or anything but I hope the NX does well. Not that I'm planning to buy one myself of course but, you know, still. I don't want Nintendo to disappear.
reelbigtink
Member
Not that dire of a situation and not a gigantic drop.
I think Zelda will turn some heads in a positive way in June and maybe bump that stock up a few points.
Disney had a major slump in the 70s and 80s but dug themselves out of that hole. Nintendo has the IP to do that on a smaller scale if they play their cards right.
I think Zelda will turn some heads in a positive way in June and maybe bump that stock up a few points.
Disney had a major slump in the 70s and 80s but dug themselves out of that hole. Nintendo has the IP to do that on a smaller scale if they play their cards right.
http://www.skynews.com.au/business/...6/sony-shares-fall-six-per-cent-on-delay.html
And no one made a fuss about it.
Nintendo is doomed, my ass.
And no one made a fuss about it.
Nintendo is doomed, my ass.
Huh? PC has by far the most variety in input and output devices and Nintendo could easily make their own peripherals of they wanted to.
In the grand scheme of things, 8% really means nothing at all TBH. They can rebound that easily. Concern is going to happen by default when they release info that may not be all roses, doesn't mean much for their general prospects though IMO
Cygnus X-1
Member
Weren't you excited by Super Mario Galaxy and the Wiimote back in 2006?
The perfect Dark
Banned
Why doesn't Nintendo make a Gameboy 2? The name alone would sell systems. Or is it too late?
And lmao @ all the third party answers. Must be sarcasm.
And lmao @ all the third party answers. Must be sarcasm.
SinCityAssassin
Member
Like in all honesty? The MOST I would expect them to do regarding making PC games is to follow their mobile initiative. Make games specific to the platform but ultimately lead it back to their consoles.
The people that even know offhand what a game boy is anymore are adult gamers and their mothers who call everything a Nintendo.
enigmatic_alex44
Whenever a game uses "middleware," I expect mediocrity. Just see how poor TLOU looks.
I just.... has Nintendon't ever had a worse year than 2016? I don't even think the year the Virtual Boy launched was as big of a trainwreck
They have nothing left for their fans this year except Pokemon and Star Fox Zero[critical acclaim]. I imagine the stock will keep plummeting.
They have nothing left for their fans this year except Pokemon and Star Fox Zero[critical acclaim]. I imagine the stock will keep plummeting.
SinCityAssassin
Member
Oh my, yes. The 3DS launch was such a huge loss for the company that Iwata cut his own salary in half, with board members taking a quarter cut so they wouldn't fire employees.
WiiRevolution1
Member
So is essentially FE15.
Exclusive to mobile.
I can't afford a new iPod Touch just to play FE. Why are Nintendo shitting on core fans by not making the mobile games multiplatform with 3DS and/or WiiU?
This is going to be another thing to piss off hardcore Nintendo fans. Now I'm sad.
Milly Osworth
Member
Pfft. They will be fine without crappy hardware, bad online service and unneeded gimmicks. Nintendo as software only for us as gamers would be the best.
I've been tempted. Mostly for all those occasions someone says "why do you care, you're not invested in them".
Yes. 2011 was a wreck. Botched launch of 3DS, botched reveal of Wii U, very little software for Wii. It was only at the very end when 3D Land and Mario Kart 7 released that you could glimpse something better for the 3DS.
This year has Pokémon which is going to be huge, I think Animal Crossing on mobile is going to be very successful (Fire Emblem will probably do ok). If they have a good reveal of NX, and Zelda is received well at E3, then I think they will sail past a couple of other lesser years.
So is essentially FE15.
Exclusive to mobile.
I can't afford a new iPod Touch just to play FE. Why are Nintendo shitting on core fans by not making the mobile games multiplatform with 3DS and/or WiiU?
This is going to be another thing to piss off hardcore Nintendo fans. Now I'm sad.
I really doubt it's going to be FE15 even if it plays similar.
Bots are better than you
Banned
Talk for yourself. It would be bad for me, as quantity, quality and variety of Nintendo games would suffer and drop, and it would be bad for the market, that is already toxic enough.
It would only be the best for selfish simpletons, who fail to think from A to B.
So is essentially FE15.
Exclusive to mobile.
I can't afford a new iPod Touch just to play FE. Why are Nintendo shitting on core fans by not making the mobile games multiplatform with 3DS and/or WiiU?
This is going to be another thing to piss off hardcore Nintendo fans. Now I'm sad.
You could buy a cheap Android tablet.
And it's probably going to be a spinoff and not the next main game.
Don't. It's just his way of saying, "I'm probably still 100% right!"
You mean November, right? Nintendo hardware launches are never in October.
Milly Osworth
Member
Haha, right...
It still would have dropped regardless if with or without the NX. Now I expect a NX Direct between July and August with a nationwide tour in December/January to show off the NX. Also NX parties around the country just like they did for the GameCube. The only time where I got blackout drunk lol
They already have gone third party. To Apple and Google. They're not going to waste their time going third party to Sony/MS(assuming MS even stay in the dedicated gaming sector) anytime soon.
Well, except that one time they released their first one in the US.