TheKingsCrown said:oh come on guys, the Wii is clearly declining its monthly sales. this isn't unexpected though! the thing was selling RIDICULOUSLY high levels because supply hadn't met demand. the question is, is it stabilizing?
markatisu said:I think it is, it seems to be following similar trends of the 360 (200-300k range)
I am just tickled by the amount of GAF who thinks the Wii should still be selling its heavenly levels 3+ years after launch with no price drop, hardware revision or new bundle and thinks the past performance was a "normal" thing.
So you are saying that they could sell them at $50 and exceed their expectation and all the investors would celebrate? You are right it is not about winning a competition or pleasing internet fans it is about making money. The question is - do the increased sales from a price drop make up for the loss in profit on each unit. Ie if they are making $150 currently and drop the price $50 then they are going have to increase from 250k to 375k consistently for it make it worthwhile.Stumpokapow said:On the other hand they're about to WILDLY miss their expectations which is going to cause a beating on their already pisstanked stock.
Running a company isn't about pleasing internet fans or pulling a quick one on the competition, it's about good business, and Nintendo absolutely needs to start magically selling more Wiis ASAP.
gtj1092 said:Great post. Puts things in perspective.
PS2 24,112,000 (45-month mark) (June 2004)
PS2 18,080,000 (33-month mark) (June 2003)
Xbox - 9,361,402 (33-month mark) (July 2004)
Xbox - 12,500,000 (45-month mark) (July 2005)
GCN - 7,673,241 (33-month mark) (July 2004)
GCN - 11,122,000 (45-month mark) (July 2005)
360 15,683,786 (45 months) (July 2009)
360 10,749,000 (33 months) (July 2008)
PS3 8,035,896 (33 months) (July 2009)
Wii 20,817,781 (33 months) (July 2009)
Stumpokapow said:On the other hand they're about to WILDLY miss their expectations which is going to cause a beating on their already pisstanked stock.
Running a company isn't about pleasing internet fans or pulling a quick one on the competition, it's about good business, and Nintendo absolutely needs to start magically selling more Wiis ASAP.
Stumpokapow said:On the other hand they're about to WILDLY miss their expectations which is going to cause a beating on their already pisstanked stock.
Running a company isn't about pleasing internet fans or pulling a quick one on the competition, it's about good business, and Nintendo absolutely needs to start magically selling more Wiis ASAP.
poppabk said:So you are saying that they could sell them at $50 and exceed their expectation and all the investors would celebrate? You are right it is not about winning a competition or pleasing internet fans it is about making money. The question is - do the increased sales from a price drop make up for the loss in profit on each unit. Ie if they are making $150 currently and drop the price $50 then they are going have to increase from 250k to 375k consistently for it make it worthwhile.
I remember a time when having too many accessories and system addons was a bad thing.Kilrogg said:Well, Iwata thinks WSR, Wii Fit Plus and NSMB Wii will do just that. We'll see if he's right.
HiResDes said:I remember a time when having too many accessories and system addons was a bad thing.
HiResDes said:I remember a time when having too many accessories and system addons was a bad thing.
HiResDes said:I remember a time when having too many accessories and system addons was a bad thing.
poppabk said:So you are saying that they could sell them at $50 and exceed their expectation and all the investors would celebrate? You are right it is not about winning a competition or pleasing internet fans it is about making money.
The question is - do the increased sales from a price drop make up for the loss in profit on each unit. Ie if they are making $150 currently and drop the price $50 then they are going have to increase from 250k to 375k consistently for it make it worthwhile.
Kilrogg said:Well, Iwata thinks WSR, Wii Fit Plus and NSMB Wii will do just that. We'll see if he's right.
Right and there are costs with the extra factories they opened back when everyone was saying that Nintendo were being too conservative. I'm saying that making money is the most important thing and selling more consoles at a lower price isn't necessarily the way to go.Leondexter said:That's an oversimplification. You're only taking into account the profit on the hardware itself. How many games do they sell per console sold? How many 1st-party games? How many Wii Remotes and Nunchucks? How many balance boards? How many VC games?
Obviously Nintendo doesn't need to drop the price of the Wii, but I do think it's in their best interest. They feel differently, or at least they've said so.
Stumpokapow said:And that's totally fair to think, but I wouldn't want people to swallow bullshit about "oh it's a recession! oh software mysteriously underperformed!" if they don't get the job done. Nintendo is purposefully taking what is considered to be a powerful tool off the table, and maybe they'll be vindicated but if they aren't they ought to be blamed.
chico said:with more and more HDTVs at home, its no wonder the wii is on its way down.
i've never understood how anyone could have gotten that out of E3 06. E3 06 is when everyone realised that the Wii was going to be huge.szaromir said:I think Wollan drew this after E3 '06 to show his personal feelings about the consoles - PS3 would be the obvious winner, 360 was just barely able to compete with PS3 graphically at the time, but didn't have long-term potential, while Wii was supposed to be a total piece of crap and loose even before the generation started..
But won't investors know by now that Nintendo is unlikely to meet those expectations anyway. Surely the reason their share price has not recovered along with the rest of the market is because investors are tracking sales throughout the year and know that there projections are unlikely to be met.Stumpokapow said:But, moreover, even if you assume they do make less overall profit, I think the impact of their profit dropping on their share price would be substantially less than the impact of wildly missing their projections... especially since Nintendo has ALWAYS been overly conservative with their projections and repeatedly upwardly revised them, a practice that's come under some criticism and has likely even been built in to investors expectations.
AniHawk said:PS2 24,112,000 (45-month mark) (June 2004)
PS2 18,080,000 (33-month mark) (June 2003)
Xbox - 9,361,402 (33-month mark) (July 2004)
Xbox - 12,500,000 (45-month mark) (July 2005)
GCN - 7,673,241 (33-month mark) (July 2004)
GCN - 11,122,000 (45-month mark) (July 2005)
360 15,683,786 (45 months) (July 2009)
360 10,749,000 (33 months) (July 2008)
PS3 8,035,896 (33 months) (July 2009)
Wii 20,817,781 (33 months) (July 2009)
Cosmonaut X said:Just out of interest, do we have a note anywhere of DS forecasts pre-DSLite or pre-DSi announcement/release?
I'm curious as to why Nintendo are sticking to such a high forecast rather than revising downward given the current state of play in most (all?) major markets. Either they've got absolute faith in WSR/Wii Fit Plus/ NSMBWii to shift a huge amount of hardware, or they've got something else up their sleeve & I'm wondering if it might be a DS-to-DSLite style hardware revision for the console.
Of course, it could just be that they're being typically Nintendo about the whole thing and are heading toward a big let-down for their shareholders!
AceBandage said:I think Nintendo will hit us with something in October, that'll surprise quite a few people.
Reno7728 said:Am I crazy or do Nintendo have a conference (maybe it's spaceworld) in October or maybe sooner?
Yeah, NCL has their annual October conference, NOA has a lame follow-up conference a day later.Reno7728 said:Am I crazy or do Nintendo have a conference (maybe it's spaceworld) in October or maybe sooner?
AwRy108 said:So, wait, let me get this straight--the PS3 has sold almost as much as the 360 over the same number of months despite:
1) the significantly higher price point
2) 2 significantly cheaper competitors over its entire life cycle
3) a larger percentage of its life cycle occurring during a Global recession
...so, um, I'm stumped: why is the media screaming "doom and gloom!" about the PS3? I'd say that the forthcoming price cut has the potential to do wonders for the console.
Sure, I understand the complaints from a business perspective (the PS3 obviously isn't selling like the PS2); but from a gamer's viewpoint, haven't we passed the point of being concerned about the brand diminishing?
AwRy108 said:So, wait, let me get this straight--the PS3 has sold almost as much as the 360 over the same number of months despite:
1) the significantly higher price point
2) 2 significantly cheaper competitors over its entire life cycle
3) a larger percentage of its life cycle occurring during a Global recession
...so, um, I'm stumped: why is the media screaming "doom and gloom!" about the PS3? I'd say that the forthcoming price cut has the potential to do wonders for the console.
Sure, I understand the complaints from a business perspective (the PS3 obviously isn't selling like the PS2); but from a gamer's viewpoint, haven't we passed the point of being concerned about the brand diminishing?
Well, all the things you listed are good reasons for why the PS3 has performed as badly as it did.AwRy108 said:So, wait, let me get this straight--the PS3 has sold almost as much as the 360 over the same number of months despite:
1) the significantly higher price point
2) 2 significantly cheaper competitors over its entire life cycle
3) a larger percentage of its life cycle occurring during a Global recession
...so, um, I'm stumped: why is the media screaming "doom and gloom!" about the PS3? I'd say that the forthcoming price cut has the potential to do wonders for the console.
Sure, I understand the complaints from a business perspective (the PS3 obviously isn't selling like the PS2); but from a gamer's viewpoint, haven't we passed the point of being concerned about the brand diminishing?
Reno7728 said:Am I crazy or do Nintendo have a conference (maybe it's spaceworld) in October or maybe sooner?
You've almost got it straight. You're just missing the little bit where the PS3 has wiped out almost every penny Sony has ever made in the games business and that they went from incontestable leader to market near-irrelevance faster than you can say "SEGA".AwRy108 said:So, wait, let me get this straight--the PS3 has sold almost as much as the 360 over the same number of months despite:
1) the significantly higher price point
2) 2 significantly cheaper competitors over its entire life cycle
3) a larger percentage of its life cycle occurring during a Global recession
...so, um, I'm stumped: why is the media screaming "doom and gloom!" about the PS3? I'd say that the forthcoming price cut has the potential to do wonders for the console.
Sure, I understand the complaints from a business perspective (the PS3 obviously isn't selling like the PS2); but from a gamer's viewpoint, haven't we passed the point of being concerned about the brand diminishing?
poppabk said:But won't investors know by now that Nintendo is unlikely to meet those expectations anyway. Surely the reason their share price has not recovered along with the rest of the market is because investors are tracking sales throughout the year and know that there projections are unlikely to be met.
AwRy108 said:So, wait, let me get this straight--the PS3 has sold almost as much as the 360 over the same number of months despite:
1) the significantly higher price point
2) 2 significantly cheaper competitors over its entire life cycle
3) a larger percentage of its life cycle occurring during a Global recession
...so, um, I'm stumped: why is the media screaming "doom and gloom!" about the PS3? I'd say that the forthcoming price cut has the potential to do wonders for the console.
Sure, I understand the complaints from a business perspective (the PS3 obviously isn't selling like the PS2); but from a gamer's viewpoint, haven't we passed the point of being concerned about the brand diminishing?
poppabk said:But won't investors know by now that Nintendo is unlikely to meet those expectations anyway. Surely the reason their share price has not recovered along with the rest of the market is because investors are tracking sales throughout the year and know that there projections are unlikely to be met.
AwRy108 said:...so, um, I'm stumped: why is the media screaming "doom and gloom!" about the PS3? I'd say that the forthcoming price cut has the potential to do wonders for the console.
phisheep said:The media seems to have collectively forgotten about the year's head start. Microsoft won't remind them because it brings back memories of early-but-unreliable, and Sony won't remind them because it brings back memories of late-and-expensive.
Plus, it is mostly American media using American headline numbers and forgetting about the rest of the world where Sony's figures look better.
phisheep said:The media seems to have collectively forgotten about the year's head start. Microsoft won't remind them because it brings back memories of early-but-unreliable, and Sony won't remind them because it brings back memories of late-and-expensive.
Plus, it is mostly American media using American headline numbers and forgetting about the rest of the world where Sony's figures look better.
chico said:with more and more HDTVs at home, its no wonder the wii is on its way down.
beje said:With the ammount of people connecting HD-capable sources with composite cables, I doubt that has something to do.
Haunted said:Well, all the things you listed are good reasons for why the PS3 has performed as badly as it did.
Doesn't change the fact that it only has roughly half the userbase the 360 has (8 vs 15,6), or that its software sales lag significantly behind both the Wii or the 360.
The PS3 cost Sony all the profits the PS1 and PS2 have made, in just one year. And it's cost them a lot of money every quarter since then.
And this (alleged) "doom and gloom" doesn't mean that Sony will discontinue the PS3 and bow out of the console race...
Except that HD consoles are not on the way up.chico said:with more and more HDTVs at home, its no wonder the wii is on its way down.
lawblob said:Can we please avoid any nonsense analogies with the 1983 crash. The industry is so different now than then, its apples to oranges.
I think we are in the demographic that often fails to realize that gaming is a much broader business than we participate in. Sure, HD home consoles have had struggles, but so what? It is an important area of gaming that will course-correct over time. Just because devs went overboard with their budgets the last few years leading to delays and some poor product, there is no reason to overdramatize the situation. The gaming industry is overall in a good place long-term, because there are so many revenue streams for companies. Lest we forget, in a major recession almost all businesses lose money. There is nothing particularly odd about whats happening in the gaming industry right now, it is weathering the storm like other industries.
plagiarize said:i've never understood how anyone could have gotten that out of E3 06. E3 06 is when everyone realised that the Wii was going to be huge.
phisheep said:The media seems to have collectively forgotten about the year's head start. Microsoft won't remind them because it brings back memories of early-but-unreliable, and Sony won't remind them because it brings back memories of late-and-expensive.
Plus, it is mostly American media using American headline numbers and forgetting about the rest of the world where Sony's figures look better.
elrechazao said:It's like we got to see deep within the mind of pure blind corporate reverence. A startling insight on how sony fans viewed and probably still view the world.
Haunted said:The PS3 cost Sony all the profits the PS1 and PS2 have made, in just one year. And it's cost them a lot of money every quarter since then.
The-Warning said:Your comments are getting ridiculous.
AniHawk said:PS2 24,112,000 (45-month mark) (June 2004)
PS2 18,080,000 (33-month mark) (June 2003)
Xbox - 9,361,402 (33-month mark) (July 2004)
Xbox - 12,500,000 (45-month mark) (July 2005)
GCN - 7,673,241 (33-month mark) (July 2004)
GCN - 11,122,000 (45-month mark) (July 2005)
360 15,683,786 (45 months) (July 2009)
360 10,749,000 (33 months) (July 2008)
PS3 8,035,896 (33 months) (July 2009)
Wii 20,817,781 (33 months) (July 2009)