As the world reverberated with economic disaster after boondogle after clusterf--, Nintendo went on strong. They continually profited more year on year while the rest of the planet turned to a shambles. But no more! Malaysia Star is reporting that Nintendo's profits will fall this year.
Now, make no mistake. They made money last year. Boatloads of it. The kind of money where you could pretty much do anything you wanted to if you didn't have to share it with loads of stockholders. No, no. Nintendo just made a little bit less in 2009 than they did in 2008. That's all.
But could this be the end of everything? Will it all come tumbling down now? Has the world had enough and other such leading and completely overblown statements?
Nintendo profit to fall for first time in 6 years [Malaysia Star]
Conrad Zimmerman is Destructoid's News Editor and home to the busiest mustache in the gaming press. An amateur historian and pop culture fanatic, Conrad possesses a nearly limitless wealth of videogame factoids and a passion for the power of games to teach, inspire and entertain. He enjoys reading, writing and turning things which should be fun into work.
Likes
Mega Man 2, Arcade Games, Books about games, Board games, Having cultural interests that aren't games
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
|
42 comments | showing # 1 to 42
|
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!
Contest:
4:00 AM on 05.04.2010 | 
Touchscreen? Done.
Motion control? Done.
Portable 3d? Sounds good.
I doubt Pokemon is only a resource for low incomes, it has been getting more milked than ever lately and they have been getting money like crazy.
I welcome a lower profit as it could also mean a new plantation of ideas, and they are good at that.
SO THERE.
uhh.... Wrong topic?
But maybe their greed is finally catching up to them. When xbox 360 arcade is 200 dollars, wii should be 150 or less. They also hate dropping the price of their games. They still haven't dropped the prices of games like twilight princess, and games like big brain acadamey/ dk barrel blast were NEVER worth 50 dollars
Nope!
"But could this be the end of everything? Will it all come tumbling down now? Has the world had enough and other such leading and completely overblown statements?"
Seeee?
Which, again, they should have done long ago.
That might have something to do with it.
Chill dude.
Sony's MoCo looks pretty bloody interesting so far, hopefully with the precision promised and 3rd party support Sony can generate it'll be pretty cool.
Touchscreen? Done.
Motion control? Done.
Portable 3d? Sounds good.
They didn't have a new gimmick for casual players in 2009 other than Wii Sports Resort, and that didn't get nearly the same press as Wii Fit. And they did finally cut the price of the Wii last year.
Their biggest Wii titles in 2009 were what, New Super Mario Bros Wii, and Punch-Out!! and a few DS titles like Rhythm Heaven and Bowser's Inside Story? Great titles all, but what's really put them over the top for the last few years is selling systems or expensive peripherals to casuals.
They have Other M, Super Mario Galaxy, Pokemon Black & White, and the 3DS. They just don't have any killer apps right now.
Again, it ain't a big deal. As Conrad pointed out it's just a little bit less. Big whoop.
How many cellphones do you buy?
I wouldn't even call it a slump. Its just a reality inherent with taking in less in profit on each sold Wii, though the fact that they had to do that does show that demand for it was declining, at least at the $250 price point.
The have a solid line up for the core Nintendo fan this year. It just remains to be seen if they have something to re-ignite the interest of the casual customer. They might. They have been awfully quiet about their Q3-Q4 launch plans. We'll see what their ace in the hole is at E3.
And the price cut didn't drive demand back up. The release of the right software did: NSMB Wii. The game drove up demand so much that Nintendo has shortages again. And Nintendo has already indicated that they are going to be pressing hard on Motion Plus during E3, which means we're bound to see games come out that will spur a similar level of excitement that NSMB Wii did using Motion Plus, on top of everything else Nintendo has planned.
Nintendo has saturated the market? Haha! They haven't even gotten started.
lol economics.
Suffice to say, they'll be just fine.
Why would a company leave an industry where jokes are made about them having the ability to print money? Throwing more and more technology at things isn't always the correct answer. Nintendo proved that. Now they have the best selling home and handheld consoles, and they are an industry leader in making quality first party games. What part of Nintendo's total dominance of a $20 billion industry makes you think they don't have their act together?
.......XD Lol, that's a good one.