Nintendo's not had a brilliant six months, revealing today that, during the period which ended on September 30, both revenue and profit are down by a significant amount. According to the figures, Nintendo suffered a 35% drop in revenue and a 59% drop in profit. Perhaps it has something to do with the fact that everyone and their grandmother already has a Wii by now.
Revenue was cut from 836.88 billion last year to 548.06 billion yen this year, while profit was down from 252.18 billion yen to 104.36 billion yen. Alongside these numbers, Nintendo's sales forecast has also diminished, with Nintendo expecting to sell 20 million Wiis instead of 26 million, and 180 million games instead of 220 million. Similarly, Nintendo no longer expects to shift 180 million DS software, now estimating 150 million.
Really makes the announcement of the DSi LL a little more clear, doesn't it?
Jim Sterling serves as reviews editor for Destructoid.com, head of the Podtoid podcast, and produces a number of news stories, original features, one-of-a-kind videos. With his passionate argumentative style, controversial opinions, harsh delivery, and dedication to brutal honesty Sterling is a name that you can't help but recognize.
Likes
PS2, iPod Touch, Silent Hill 2, Metal Gear Solid, Dynasty Warriors 3
Meet the rest of the team
| BBcode help |
| [b]Bold text[/b] |
Bold text |
| [i]Italic text[/i] |
Italic text |
| [url]http://www.dtoid.com/[/url] |
http://www.dtoid.com |
| [url=http://www.dtoid.com/]Web link[/url] |
Web link |
| [img]http://www.example.com/robot.jpg[/img] |
 |
Post a comment! You can also post a photo below:
Comment with Facebook
Click connect and comment instantly!
|
Comment with Dtoid
New? SIGN UP - it takes 5 seconds
|
33 comments | showing # 1 to 33
|
Comment with Facebook
Click connect and comment instantly!
|
Comment with Dtoid
New? SIGN UP - it takes 5 seconds
|
Comments policy
Destructoid is an open discussion community. You don't need to "audition" to post a comment - just speak your mind. We respect differing opinions on the site, so have at it. Be smart, funny, insightful, clueless, or cute -- but back it up with substance. Keep your cool, keep it fun. We only ask that you act respectfully and above all: don't be a troll and ruin it for everyone else. Don't bring down gamers or we'll, you know, gently shoot you in the face and stuff you into a flaming mailbox. Each comment is your opportuntity to make this community awesomer. Is that even a word?
Avoiding the banhammer only requires common sense: spamming, trolling, racism, NSFW stuff, and other forms of sucking will not be tolerated. If anyone is griefing please report abuse. Be good. Don't suck!
If that fugly mofo's hideous grille EVER shows up on my TV again, it'll be too soon.
They probably are looking to the LL to goose hardware sales a little bit. It'll be good to have a new unit on shelves that provides an attractive alternative to the PSP Go.
In light of the global recession and where their hardware is at in its lifecycle, they're still in the catbird seat (whatever that means) printing money and eating pikachus.
They still print money, just a little less money.but this might be a sign that Nintendo needs a little fresh blood in their franchises.
- They've seen such mad sales the last couple of years, it couldn't keep up forever. At a certain point, they have to reach saturation.
- Nintendo took a big gamble targeting non-traditional gamers. It's paid off HUGE in the short term. I worry about their long term success however. The mainstream is a fickle and easily distracted bunch. They're not really the demographic to build a business model around. There has to be a significant number of people that bought a Wii for Wii Sports and that's it. Nintendo isn't seeing any more revenue from those people and I don't think many of them would buy a Wii 2.
This will either call for the market revitalizing tactic of hardware revisions (likely) or creating software designed to give its current 'casual' audience a broader and deeper scope of gaming experiences, hopefully turning them into regular software purchasers (unlikely).
Market saturation people.
As you say, near enough EVERYONE who wants a Wii has got one now. they aren't going to buy another one! This isn't the 360 where you need to buy a replacement every couple of years!
@Hammersmith:
"What games have come out for the Wii in the past 6 months that are worth a damn. Metroid Trilogy?"
Fanboy comment, or ignorance? Plenty of Wii games are worth playing from the past 6 months. Obviously some of the titles below won't appeal to everyone... but suggesting there are no games is foolish.
Retail:
- A Boy and his Blob
- Boom Blox Bash Party
- Cursed Mountain
- Dawn of Discovery
- Dead Space Extraction
- Ghostbusters *
- Grand Slam Tennis
+ ExciteBots
- Klonoa
- Little King Story
- Mario & Sonic at the Olympic Winter Games
+ Metroid Prime Trilogy
- Muramasa
+ New Play Control: Donkey Kong Jungle Beat
- NHL 2k10 *
+ Punch Out!!
- SpyBorgs (haha... Just kidding, this one sucks. Sorry Capcom.)
- Tiger Woods 10 *
- The Conduit (Not a great game, but probably worth trying because of hype.)
- Virtua Tennis 2009
+ Wii Sports Resort
+ Wii Fit Plus
Lots of remakes from Nintendo in that period, but a solid selection when you realize that Wii Sports Resort, Punch-Out!!, and ExciteBots are all new content.
WiiWare:
- Bit.Trip Core
- Bubble Bobble Plus!
- Contra Rebirth
- Driift Mania
- Final Fantasy Crystal Chronicles: My Life as a Darklord
- Final Fantasy IV The After Years
- LostWinds: Winter of the Melodias
- NyxQuest: Kindred Spirits
- Swords & Soldiers
- Tales of Monkey Island
- You, Me, and the Cubes
*Multiplatform, but unique gameplay and/or best ratings on Wii.
say what?
I wonder what Nintendo will do now in order to get profits back up. After releasing yet another DS upgrade, I mean. Maybe they'll consider putting some love into their main franchises aside from the "Wii X" one.
I bet they'll pull something out of their arses for E3 2010's presentation...
And this is why they deserve it:
http://gameinformer.com/b/news/archive/2009/09/27/Feature-Wii-Software-Problem-Shovelware.aspx
...you are an evil, ruthless person.
no? then to hell with them.