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Astro7x posted:What are the 3DS numbers? All I am reading is that it "outsold all consoles" in December and 2013 as a whole. No confirmation but it's supposedly somewhere right around a million for December. Not bad, but somehow down from last year despite the 2DS and Pokemon being out now. e: More good news! The Wii U is currently the best selling next-gen console!  
Crowbear fucked around with this message at 06:51 on Jan 17, 2014 |
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Jan 17, 2014 06:45
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Double posting because this is pretty significant. Nintendo just adjusted their forecast for the year. They cut the operating margin prediction from a 100 billion yen profit to a 35 billion yen loss, to go along with a 25 billion net loss for the year. Wii U prediction cut from 9 million to 2.8 million. http://www.nintendo.co.jp/ir/pdf/2014/140117e.pdf Crowbear fucked around with this message at 07:37 on Jan 17, 2014 |
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Jan 17, 2014 07:33
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Could someone explain how bad that is for a moron like me?
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Jan 17, 2014 07:41
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Alteisen posted:Could someone explain how bad that is for a moron like me? The big defense about Nintendo about not operating at a loss and that they have a lot of money on hand to help them out in case of emergency just got thrown out of the window.
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Jan 17, 2014 07:47
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Alteisen posted:Could someone explain how bad that is for a moron like me? Everyone knew their original predictions were completely looney, but most expected the 3DS to at least prop up the Wii U and keep them in the black. Not even Nintendo thinks that's gonna happen anymore. The profit forecast cuts are absolutely huge though. Shareholders are not gonna be happy.
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Jan 17, 2014 07:51
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Nice knowing you Iwata.
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Jan 17, 2014 07:53
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Quest For Glory II posted:Nice knowing you Iwata. This is a good thing probably. Mostly because the 3DS has had an insane year and all of it's profits have been wiped clean by the failure of the Wii U.
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Jan 17, 2014 07:54
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To put it into perspective of previous years... Nintendo at least sort of broke even in FY2013. In 2012 they lost 43 Billion Yen. They are predicting a loss of 25 Billion Yen for 2014.
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Jan 17, 2014 08:11
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Who would even replace Iwata? It appears that the management hasn't changed basically at all in 15 years, and they're not grooming anyone to replace him to my knowledge.
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Jan 17, 2014 08:17
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This is great news. Now things will get interesting, now that Nintendo will finally have to act. Those updated forecasts are wonderful.
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Jan 17, 2014 08:32
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icantfindaname posted:Who would even replace Iwata? It appears that the management hasn't changed basically at all in 15 years, and they're not grooming anyone to replace him to my knowledge.
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Jan 17, 2014 08:41
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The Kins posted:Masahiro Sakurai seems like an ideal place to start looking, seeing as he's both very intelligent and actually plays games from other consoles and countries, but he doesn't seem to have any aspirations towards management whatsoever. Could be an (50 year old+ Japanese) outsider with little to no direct gaming experience or someone poached from Sony or a third party.
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Jan 17, 2014 08:45
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The_Frag_Man posted:This is great news. Now things will get interesting, now that Nintendo will finally have to act. I have to agree with that, even as a 'rabid' Nintendo fan(in the sense that I criticise them but still prefer their consoles over others). They've been trying to play the game their own way for too long now. Though I don't particularly care for their console to be up to the specifications of the others, I do expect it to be up to their standards. I wonder what will happen now though.
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Jan 17, 2014 08:48
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Cliff Racer posted:Could be an (50 year old+ Japanese) outsider with little to no direct gaming experience or someone poached from Sony or a third party.
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Jan 17, 2014 08:49
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Quest For Glory II posted:Outsold by Xbox 360. Amazing. It outsold the PS3 though.
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Jan 17, 2014 08:53
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The Kins posted:Masahiro Sakurai seems like an ideal place to start looking, seeing as he's both very intelligent and actually plays games from other consoles and countries, but he doesn't seem to have any aspirations towards management whatsoever. I don't think Sakurai is a good choice whatsoever, mostly because I don't think he has the experience necessary, or the desire, to push the company towards making more competitive hardware that cuts back on gimmicks and focuses primarily on being a solid gaming machine for modern times. Nintendo needs to basically get rid of pretty much everyone who's been at the top for too long, but that's not a reasonable thing to do in short order. Certainly people tied to the design decisions that made the Wii U possible should be put under heavy scrutiny. They need people who understand what the competition is doing, and are willing to adapt the company to face those challenges in such a way that it doesn't break their bank (harder than the Wii U is trying to). They have to be proactive about securing major third party support, and that means doing a lot more to cultivate relationships with said third parties, as opposed to just expecting people to come to you when they've literally never really cared what third parties had to say before.
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Jan 17, 2014 09:10
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Holy poo poo, finally.  They were barely in the black for 2012, and these new numbers aren't even a little surprising. They've been inflating their predictions to boost stockholder confidence for too long, and a 135 billion yen downward adjustment isn't going to be looked on kindly. Heads are gonna roll at Nintendo, and very soon. 
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Jan 17, 2014 09:34
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Iwata wrote a thing to try and explain the forecast changes. http://www.nintendo.co.jp/ir/en/library/earnings/140117/index.html tl;dr: None of our plans worked out and nothing is going to sell like we wanted it to.
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Jan 17, 2014 09:38
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Kurtofan posted:It outsold the PS3 though.
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Jan 17, 2014 09:41
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Quest For Glory II posted:And that matters... why, exactly. It shouldn't be outsold by either last generation console. I think it was a joke. The PS4 and the XBone were only held back by supply, both consoles will probably end up doing well through 2014.
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Jan 17, 2014 09:44
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But what CAN they do now until the next console? They can't play it safe, ride it out and hope for the best now, or can they?
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Jan 17, 2014 09:58
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Maybe they should change the name so people stop getting confused.
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Jan 17, 2014 10:06
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Things that are possible to do with the Wii U: Accelerate the timeline they originally laid out for the console's lifespan, wrestle the price down, reframe the system's branding, improve services, keep the software pipeline going as best they can. But the long-term solution is to come up with a more sustainable follow-up platform to release in a few years, and that only happens if management interprets this wake-up call the right way.
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Jan 17, 2014 10:12
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2013 truly was Nintendo's Year of Luigi.
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Jan 17, 2014 10:20
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Supercar Gautier posted:Things that are possible to do with the Wii U: Accelerate the timeline they originally laid out for the console's lifespan, wrestle the price down, reframe the system's branding, improve services, keep the software pipeline going as best they can. I am trying to think of the worst lessons they could take away from this. Top of my list are currently 'clearly we should only have motion controls and enforce them on every game', which is nothing next to 'we should stick to non-hd, HD is clearly a fad.'
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Jan 17, 2014 10:23
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FrantzX posted:2013 truly was Nintendo's Year of Luigi. Luigi is second banana, not third wheel
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Jan 17, 2014 10:37
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Crowbear posted:Wii U prediction cut from 9 million to 2.8 million. God only knows what kind of Christmas they were expecting. They must have been totally blindsided by the PS4 and Xbone announcements and expected to saturate the market by default, because there's no sensible reason to miss a sales forecast by 70 loving percent. That cut of 1/3 on forecast total sales is bananas. To not quite hit your targets and not break even is one thing, but net sales down that far is incredible. They've even corrected the exchange rates on their Big Stack Of Cash(tm) so they already know that won't cover their operating losses this year either. It's particularly strange because I (and most people?) would describe the NPD/Media Create numbers for Christmas as 'pretty loving good', especially for the 3DS. It really feels like Nintendo don't understand the market any more.
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Jan 17, 2014 13:07
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http://www.google.com/images?q=iwata+please+understand After "Year of Luigi" has there been any word about a character theme for this year?
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Jan 17, 2014 13:26
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Heran Bago posted:After "Year of Luigi" has there been any word about a character theme for this year? They haven't even stopped doing Year of Luigi stuff yet.
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Jan 17, 2014 13:29
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Edmund Honda posted:God only knows what kind of Christmas they were expecting. They must have been totally blindsided by the PS4 and Xbone announcements and expected to saturate the market by default, because there's no sensible reason to miss a sales forecast by 70 loving percent. The NPD numbers werent good though. Anything below 500k during the holidays is horrible. The japanese numbers wer ok in comparison to the other consoles but we are talking about a system thats been selling consistently less than its previous generation competitor throughout the year. The 3ds forecast were a surprise though and whats probably worse is the attack ratio on games.
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Jan 17, 2014 13:30
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PaletteSwappedNinja posted:They haven't even stopped doing Year of Luigi stuff yet. I hope it's Year of Luigi forever. 
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Jan 17, 2014 13:32
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Cao Ni Ma posted:The NPD numbers werent good though. Anything below 500k during the holidays is horrible. The japanese numbers wer ok in comparison to the other consoles but we are talking about a system thats been selling consistently less than its previous generation competitor throughout the year. Sorry, I did mean for Nintendo overall the numbers were good, not the Wii U specifically. On the Wii U in particular though: matching last December is pretty good? Yes, last December's figures were mediocre, but matching your launch window sales in year two seems pretty good. The 3DS forecast being corrected (down from 18m to 13.5m) means they've gone from predicting +30% sales on hardware YoY to flat, and from +60% on software (what) to +30%. The Wii U software forecast still seems generous to me; 19m for the FY when they were at 6.3m after 1H? Besides SM3DW at ~2m or whatever now, what else has the Wii U had since September that'll bridge that gap? Heran Bago posted:I hope it's Year of Luigi forever. Edmund Honda fucked around with this message at 13:46 on Jan 17, 2014 |
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Jan 17, 2014 13:43
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The problem is that for the Wii U's December performance, we kinda have had the bar significantly lowered thanks to how it was doing for the rest of the year. A single month has proven to perform leagues better than most of spring and summer for last year when it came to sales. So its 'good in context', as such. Imagine that recent buyout of one of the companies who tried to sue them hasn't helped the profit margin any.
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Jan 17, 2014 13:59
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Astro Nut posted:Imagine that recent buyout of one of the companies who tried to sue them hasn't helped the profit margin any. I don't think they bought them; the company failed to pay the costs awarded to Nintendo so they had a bunch of their assets sold or delivered to Nintendo as partial repayment.
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Jan 17, 2014 14:06
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Edmund Honda posted:Did you see Dr Luigi? $15 for Dr Mario HD, classic Nintendo. It's not any different from pricing of similar titles like Tetris on the XBox. Yup, classic Nintendo...
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Jan 17, 2014 14:32
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icantfindaname posted:Who would even replace Iwata? It appears that the management hasn't changed basically at all in 15 years, and they're not grooming anyone to replace him to my knowledge. Hopefully they'll replace whoever is running the American division with an American and have NOJ stay hands off. Because having everything revolve around NOJ is what's killing them. Astro7x posted:It's not any different from pricing of similar titles like Tetris on the XBox. Yup, classic Nintendo... At this point they don't even have the goodwill the X-Box has. They're going to need Steam prices for the e-shop to get people interested.
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Jan 17, 2014 15:09
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The Taint Reaper posted:Hopefully they'll replace whoever is running the American division with an American and have NOJ stay hands off. Because having everything revolve around NOJ is what's killing them. That would be Iwata. And I don't agree with that. Yeah, the ideas they have are largely structured around Japanese lifestyle, but they don't need to quit doing that, they just need some input from people who can steer them to a more practical execution of their ideas.
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Jan 17, 2014 15:13
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The Japanese lifestyle stuff is fine as long as it stays in Japan and does not effect hardware design. Sadly neither was true in the Wii U's case.
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Jan 17, 2014 15:18
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Sometimes with Nintendo the best phrase to use is "hindsight is 30/20, foresight is 20/20". In my job, I work with multi-million dollar companies and need to accurately forecast how much they'll renew their contracts for, which can be tricky and is hard to nail down as the quarter ticks down. If my number was off by 70%, I would be absolutely fuuuucked. One of my co-workers was off by $1 million (10% of his pipeline) and it threw our numbers for a loop. Nintendo being off by literally 70% tells me that they were either intentionally inflating forecasts to appease shareholders, honestly expected the WiiU to just sell despite its lackings, or they have no idea how their business is affected by competition and change. Either way, panic Nintendo is the best Nintendo, I think we'll see good things come from this.
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Jan 17, 2014 15:18
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Cliff Racer posted:The Japanese lifestyle stuff is fine as long as it stays in Japan and does not effect hardware design. Sadly neither was true in the Wii U's case. They just put out a demo for an upcoming game that requires Streetpass hits in order to advance faster than a glacial pace. So yeah, at least it doesn't affect the hardware design I guess.
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Jan 17, 2014 15:20
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