CouldBeWorse
Member
Here's the point I was trying to make last month:
January and February are the slowest retail months of the year. There were people willing to predict the eminent doom of the Wii U (and Nintendo as a company) based on ONE month of sales. People were honestly expecting February to be worse, and in fact, it was slightly better.
Point being (if I hadn't made it clear enough), no one has enough data to conclude the Nintendo ecosystem is in any trouble. There's simply not enough data to draw that conclusion.
What I don't understand is how, Nintendo is:
1) Managing a handheld (3DS) which is doing great.
2) Possessing a console (The Wii U) which had a successful launch that sold slightly over 3 million world wide during the holiday season; more than both the X360 and the PS3 did in their respective launches.
3) Hiring more developers in not only Japan, but the US as well. This includes developers from studios such as Naughty Dog and Vigil Games to name a few
4) Nintendo building brand new corporate buildings to host entirely brand new development studios
5) Majority of 3rd party developers saying nothing but good things about the Wii U.
...Yet, Nintendo is doomed - but, somehow, Sony, who is:
1) Losing investors immediately after the PS4 unveiling.
2) Selling off corporate assets such as separate smaller companies under their umbrella and whole corporate buildings.
3) Laying off workers.
4) Shutting down development studios
5) Reporting billion dollar loses year after year (for 5 years in a row)
6) Losing relevancy in their stock
7) Undergoing severe restructuring
Somehow, Sony is doing great! They don't show any signs of going 3rd party or even disappearing off the face of the map. Does this make any sense to you? It doesn't make any sense to me!
That sure is selective revisionism. Nintendo's stock is down 85% over the past 4 years.