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Nintendo: We print money!

4:37 PM on 04.05.2007   |   World Famous

Nintendo: We print money! photo

Nintendo is awesome at two things: Cranking out the same franchises you've been playing for 20 years and collecting on that hard work by the millions. In fact, Nintendo has done so well recently because of the incredible success of the DS and the so far, so good record of the Wii, that they've raised their money-making predictions. From Reuters via GameSpot:

"Merchandise does not move in the January-March quarter--that is the norm in this industry," Nintendo spokesman Yasuhiro Minagawa was quoted in a Reuters report. "But ours somehow did."

Previously, Nintendo anticipated posting net sales of 900 billion yen ($7.6 billion) for the year, but today the company bumped that figure up more than $555 million to 966 billion yen ($8.1 billion). The company expects to release its full results for the fiscal year on April 26.

Nintendo, printing money on the backs of diehard loyalists since 1985.

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36 comments | showing # 1 to 36
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bobafettm's Avatar - Comment posted on 04/05/2007 16:36
bobafettm
no matter if everyone hates the Wii... that thing is making nintendo's stock fly! + the money printing DS! They have to be getting their toes sucked on by naked hookers EVERY minute.
verdigris's Avatar - Comment posted on 04/05/2007 16:42
verdigris
Well, as long as thos consoles and games keep me coming back for more, I'm glad to give them my money...

It's good to see that no matter what happens, Nintendo is going to be around for a long time
ghnvt's Avatar - Comment posted on 04/05/2007 16:43
ghnvt
The money is rolling in, the DS has a huge install base and can only get bigger and the Wii is building its install base very fast. I am glad nintendo is printing money. They have been in the background too long and it looks like they are coming back.
Ignignokt01's Avatar - Comment posted on 04/05/2007 16:52
Ignignokt01
Stop trolling, Summa. :P

The thing with nintendo is that most of their games are downright fun, despite them being rehashed plots/characters (and now graphics)
NintendoFreek's Avatar - Comment posted on 04/05/2007 17:00
NintendoFreek
Hahaha Nintendo prints counterfeit money.
Quix's Avatar - Comment posted on 04/05/2007 17:01
Quix
Ah, how cute, someone is bitter because someone else is actually making money in the video game console (and handheld) business. Meanwhile, Microsoft is expected to stop bleeding cash and actually break even on its dreams of Xbox world gaming domination in...2025.
Tempus's Avatar - Comment posted on 04/05/2007 17:10
Tempus
Good luck to them and good luck to everyone reading "The Robert Summa Show" on Dtoid. Tedious.
subnet6's Avatar - Comment posted on 04/05/2007 17:15
subnet6
It just amazes me that such a stupid backward company that puts out the same games year after year with shitty graphics can make money while other brilliantly herculean godlike companies who put out the same games year after year but with great graphics seem to be sucking so much ass. WTF? You know what I think it is? It's the Summa curse! Summa is like the poor sons of bitches that always pick the wrong side in a war. They quickly sidle up to whoever they think is strongest only to get their ass handed to them by the spunky underdog.
Pedro Cortes's Avatar - Comment posted on 04/05/2007 17:24
Pedro Cortes
Technically, they wouldn't have been cashing in nostalgia until roughly 2001. Regardless of this point, Nintendo's 1st party software has yet to disappoint (Mario Party not withstanding).

With any luck, Nintendo can start with new properties now that they've gotten off to a good start (sales wise anyway) with the Wii and (all around) with the DS. More new stuff like Hotel Dusk must be made!
broham's Avatar - Comment posted on 04/05/2007 17:59
broham
Well, I hope they take a chunk of that cash to secure some exclusives. Hey, I love the first party games but I'm burnt out already. I want some quality third party stuff.
yamabushi's Avatar - Comment posted on 04/05/2007 18:12
yamabushi
Pirates of the Caribbean: Dead Man's Chest box office gross: $1,060,332,628 (not 1 penny from me)
meaning; because a thing makes money does not make it good, or worth buying.
vgfreak30's Avatar - Comment posted on 04/05/2007 18:24
vgfreak30
hm summa bite ass noob, your just pissed because the company you hate is handing everyones asses to them.
World Famous's Avatar - Comment posted on 04/05/2007 18:39
World Famous
IT PRINTS MONEY!!!
Human's Avatar - Comment posted on 04/05/2007 18:45
Human
You bore me, Summa! I'm bored!
10BobMarleys's Avatar - Comment posted on 04/05/2007 18:55
10BobMarleys
Hang on, I thought the Wii was most popular amongst kids and old people......Die hard loyalists? Most Wii owners either had PS2s or didnt even play games before. I'll admit that Nintendo do tend to rest on their laurels as far as intellectual property goes, but thats where 3rd party games are supposed to come in. If anybody was putting their best people on Wii development and not just pumping out licenced crap and rushjobs (Capcom, I'm looking at you... rail-shooter, FFS), Wii would be wiiked. Until then we will just have to put up with Summa's daily serving of Haterade.
skruloos's Avatar - Comment posted on 04/05/2007 19:14
skruloos
I need to ask...what company does not milk it's franchises? Konami? Capcom? EA? Square Enix? You don't think that if it could, Microsoft would keep Halo going forever? Seems like Nintendo gets to be the scapegoat since they've had the luxury of being around longer for their franchises really to be mined. But I don't see any other big companies taking a different route in publishing.
bobafettm's Avatar - Comment posted on 04/05/2007 19:49
bobafettm
"sell out, with me oh yea, sell out with me tonight" - Reel Big Fish

Money is money... If its working then why would they stop doing what they are doing. I hate how everyone bitches that nintendo looks like shit and their games are stupid. They sell so who cares...
Artadius's Avatar - Comment posted on 04/05/2007 20:16
Artadius
Don't you guys realize... Summa is actually the biggest Nintendo Fanboy of them all. He just puts out this fake hate to get the rest of you riled up to generate traffic here and drive up ad revenue.

You can't fool me Mr. Summa...I'm on to your plan.
bobafettm's Avatar - Comment posted on 04/05/2007 20:36
bobafettm
^ If sony bought out nintendo then = profit
SaraAB87's Avatar - Comment posted on 04/05/2007 20:47
SaraAB87
The DS is a truly unstoppable force, do not forget that Pokemon D/P is just around the corner for the USA and in summer it will head to the UK, and its sure to sell millions of copies and many, many more people will purchase a DS Lite system to play Pokemon once it comes out. Regardless of whether you like Pokemon or not, you cannot disagree on the fact that it makes money for nintendo! As if nintendo hasn't already made enough money, this will make them even more money!
grrza's Avatar - Comment posted on 04/05/2007 21:16
grrza
"Nintendo, printing money on the backs of diehard loyalists since 1985."

It is a corporation that creates products that people want to buy. This is the goal of most corporations, and they happen to be doing it well lately. You may as well flame McDonalds for hocking shitty hamburgers with the same clown for god knows how long.

yawn indeed.
infinity's Avatar - Comment posted on 04/05/2007 21:37
infinity
hell, i don't mind that nintendo is raking in (vacuuming in?) the cash. i'm just hoping sony will eventually take a page or two out of their book--i mean, i think folding@home is cool, but i don't want to buy a $600 box that happens to play blu-ray movies (ALSO GAMES) just to join in. that's what PCs are for.

</rant>
GatsuTheBerserker's Avatar - Comment posted on 04/05/2007 22:03
GatsuTheBerserker
Dammit, my sister just bought a DS, lol. She just had to help them along.
Tempus's Avatar - Comment posted on 04/05/2007 22:34
Tempus
My sister also got a DS Lite for her birthday today (=

She's got crap games though.
Aaron Mxy Yost's Avatar - Comment posted on 04/05/2007 23:35
Aaron Mxy Yost
Sneaky Nintendo, tricking me into giving them money by making systems and games I want to play.
Coolio McAwesome's Avatar - Comment posted on 04/06/2007 01:02
Coolio McAwesome
It is foolish to write off Nintendo's success to the "loyalists." In fact, one of the reasons Nintendo has been so successful in recent years is because the have been able to successfully grow the market. They are reaching entirely new demographics and they have games that appeal to everyone. To suggest that Nintendo is only successful because of so-called loyalists is pretty narrow-minded.
vgfreak30's Avatar - Comment posted on 04/06/2007 02:14
vgfreak30
As far as i see it, nintendo by far has the best marketing strtegy of all 3, easily. And why did summa respond to the biggest gaming insult you could ever be called by saying "it prints money"?
vgfreak30's Avatar - Comment posted on 04/06/2007 02:29
vgfreak30
nope
mikeohara's Avatar - Comment posted on 04/06/2007 06:02
mikeohara
Nintendo: we like 80-digit friend codes ... and also, cocks.
Winston Churchill's Avatar - Comment posted on 04/06/2007 06:58
Winston Churchill
Yeah, I don't agree with the NDF above that Nintendo are all about the Benjamins. True, the Wii has a barren spell until Metroid Prime 3 and Super Mario Galaxy, but...

Holy moley, Batman! We've played those games before!
Snaileb 's Avatar - Comment posted on 04/06/2007 08:19
Snaileb
I go with Kannon on the whole "Summa's parents beat him with a NES" theory.
Cruds's Avatar - Comment posted on 04/06/2007 12:01
Cruds
It can take a while before you get to play Mario fully HD on your PS3, by looking at those numbers Summa. My guess is they don't go software only anytime soon.
babes's Avatar - Comment posted on 04/06/2007 13:00
babes
I heart nintendo and all it's glory!
vgfreak30's Avatar - Comment posted on 04/06/2007 19:04
vgfreak30
i agree.
Ninjajuice66's Avatar - Comment posted on 04/06/2007 19:33
Ninjajuice66
Wii.T.A
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