It's no secret that Nintendo has grown like crazy. Maybe that was the inspiration for the Big Mushroom power-up in their recent games.
Thanks to the popularity of the DS Lite, Wii, and several kick-ass first-party titles, Nintendo recorded record-breaking revenue growth of 89.8% over fiscal 2006. Research and Markets says that Nintendo’s decision to make lower-priced game consoles has helped the demand and their company growth, and that the change of target demographic didn't hurt much either.
I4U makes a good point: if Nintendo grew profits by 89.8% in 2007, it's hard to imagine what they could have done to make sure the demands were met. I'm sure Nintendo didn't expect to double-up right off the bat.
Do you think Nintendo will keep this growth up for 2008? Or is it someone else's turn now?
Dale North is Destructoid's Editor-In-Chief, a founding editor, and specialist in Japanese gaming. An accomplished musician, Dale was reporting from Japan during the earthquakes of 2011. Luckily, he got the fuck out alive and is home in America now with his wife and beloved corgi, Einstein. Dale is also a co-founder of Destructoid's sister anime site
Japanator. Likes Corgis, Sega Saturn, PSP, iPhone, Photographic tools.
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Contest:
12:02 PM on 05.08.2008
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Will they double next year? Hell no!
I hope to see this money spent on good games.
"Pfff.. it's just a fad, it'll blow over. Pretty soon now. Okay almost there... Any day now. Some signs are showing.... AH HA! EAT SHIT AND DIE NINTENDO!!!... crap, no.. not yet.... it's right around the corner though."
So once that new market, the gaming for "everyone" not just the "hardcore" geeks, settles down Nintendo will settle down along with its niche market. It will slowly but surely stop increasing those numbers and maybe even decrease a little but if they keep their main audience happy then eventually will be pretty stable as the family entertainment console.
Once that Nintendo is the king of families, others will come and try overtake them like it happened when Nintendo was the king of geeks with NES and SNES.
(Note to Dale: Don't worry, that's not what I got from your post. It just brought a lot of the anti-Nintendo gamers to mind.)
I heard that last year too...