Title: It's official. Nintendo is worth less than a mobile developer. Post by: OatBob on May 15, 2013, 01:20:14 AM Nintendo's decline has been long and steady, but this is a new low for the big N. Recently they were passed up in marketshare by a company called "Gung Ho". Puzzles and Dragons is the big title in Gung Ho's lineup. Not only is the game free-to-play, but it's also the company's biggest moneymaker through microtransactions. Smartphones and touchscreens are here to stay it seems, so collectors beware. The end is near. (http://www.rfgeneration.com/forum/index.php?topic=11551.0)
Source: http://blogs.wsj.com/digits/2013/05/13/puzzle-dragons-gungho-market-cap-passes-nintendo Title: Re: It's official. Nintendo is worth less than a mobile developer. Post by: Duke.Togo on May 15, 2013, 05:54:29 AM Oh noes! Nintendo is d0000000med!
In the same article the stock prices of the two are listed, and Nintendo is almost double Gung Ho's. Most of that is due to the amazing mountain of cash that Nintendo is sitting on. They'll be fine. Title: Re: It's official. Nintendo is worth less than a mobile developer. Post by: Zagnorch on May 15, 2013, 06:55:34 AM Oh noes! Nintendo is d0000000med! In the same article the stock prices of the two are listed, and Nintendo is almost double Gung Ho's. Most of that is due to the amazing mountain of cash that Nintendo is sitting on. They'll be fine. Hey, come on, allow the guy to gloat a little. You know how butt-hurt the Sega fanboys have been ever since their beloved company stopped making consoles... ;D Title: Re: It's official. Nintendo is worth less than a mobile developer. Post by: Tynstar on May 15, 2013, 09:35:29 AM I cant come soon enough. I would love to play a Nintendo game on a Xbox.
Title: Re: It's official. Nintendo is worth less than a mobile developer. Post by: Leynos on May 15, 2013, 10:35:35 AM Nintendo has about 18 billion in the bank. So they are not going away anytime soon.
Title: Re: It's official. Nintendo is worth less than a mobile developer. Post by: Link41 on May 15, 2013, 12:03:35 PM Nintendo has about 18 billion in the bank. So they are not going away anytime soon. This. Sony will exit before Nintendo will.Title: Re: It's official. Nintendo is worth less than a mobile developer. Post by: Tynstar on May 15, 2013, 12:12:39 PM I wonder is Sega fans sounded like Nintendo fans do know before Sega got out of the console market.
Title: Re: It's official. Nintendo is worth less than a mobile developer. Post by: SirPsycho on May 15, 2013, 12:18:42 PM I wonder is Sega fans sounded like Nintendo fans do know before Sega got out of the console market. "Please go software only Sega please! I beg of you!" Title: Re: It's official. Nintendo is worth less than a mobile developer. Post by: Shadow Kisuragi on May 15, 2013, 12:27:34 PM Nintendo Co Ltd (OTC Pink - Current Information:NTDOY)
Stock: 14.37 +7.96%YTD Electronic Arts Inc (NASDAQ:EA) Stock: 22.57 +54.75%YTD Just stoking the flames here. Stocks didn't start coming up until after EA announced that they weren't doing games for the WiiU. Wonder which side is winning in the WiiU war. ;D Title: Re: It's official. Nintendo is worth less than a mobile developer. Post by: The Metamorphosing Leon on May 15, 2013, 07:28:54 PM I have no idea what Nintendo thinks it's doing. I think slowly everyone is just getting kind of bored and fed up with them.
Title: Re: It's official. Nintendo is worth less than a mobile developer. Post by: Crabmaster2000 on May 15, 2013, 08:55:10 PM I have no idea what Nintendo thinks it's doing. I think slowly everyone is just getting kind of bored and fed up with them. Not quite everyone ;) Title: Re: It's official. Nintendo is worth less than a mobile developer. Post by: Cryptid Collector on May 15, 2013, 08:58:59 PM I have no idea what Nintendo thinks it's doing. I think slowly everyone is just getting kind of bored and fed up with them. I don't know, I like the fact their at least trying to be creative, it might not turn out well a good chunk of the time, but at least the effort is there to brig new things about. Title: Re: It's official. Nintendo is worth less than a mobile developer. Post by: Duke.Togo on May 15, 2013, 09:01:40 PM Just stoking the flames here. Stocks didn't start coming up until after EA announced that they weren't doing games for the WiiU. Wonder which side is winning in the WiiU war. ;D Had nothing to do with the Disney announcement? Title: Re: It's official. Nintendo is worth less than a mobile developer. Post by: blcklblskt on May 15, 2013, 09:38:52 PM Just stoking the flames here. Stocks didn't start coming up until after EA announced that they weren't doing games for the WiiU. Wonder which side is winning in the WiiU war. ;D Had nothing to do with the Disney announcement? It had quite a bit to do with Disney. I was about to buy shares, too. :( Title: Re: It's official. Nintendo is worth less than a mobile developer. Post by: Shadow Kisuragi on May 16, 2013, 09:05:19 AM Just stoking the flames here. Stocks didn't start coming up until after EA announced that they weren't doing games for the WiiU. Wonder which side is winning in the WiiU war. ;D Had nothing to do with the Disney announcement? I'm sure it had nothing to do with firing the old CEO either. Those are just incidental things. Title: Re: It's official. Nintendo is worth less than a mobile developer. Post by: Shadow Kisuragi on May 17, 2013, 03:59:44 PM Not it, but I talk to the man almost every week:
http://nintendoeverything.com/122192/ea-sports-software-engineer-slams-wii-u-on-twitter/ Title: Re: It's official. Nintendo is worth less than a mobile developer. Post by: techwizard on May 17, 2013, 04:11:06 PM all i see are complaints about graphical power and sales. i know gaming is a business, and these are companies that need to make money, but i hate to see people hating a system/company solely due to it's stock value and graphics.
Title: Re: It's official. Nintendo is worth less than a mobile developer. Post by: Tynstar on May 17, 2013, 04:14:52 PM I have no idea what Nintendo thinks it's doing. I think slowly everyone is just getting kind of bored and fed up with them. Not quite everyone ;) Do you mean Nintendo now or Nintendo NES/SNES? Title: Re: It's official. Nintendo is worth less than a mobile developer. Post by: Crabmaster2000 on May 17, 2013, 04:53:55 PM I have no idea what Nintendo thinks it's doing. I think slowly everyone is just getting kind of bored and fed up with them. Not quite everyone ;) Do you mean Nintendo now or Nintendo NES/SNES? I meant I'm still not bored or fed up even though I agree many others are. Title: Re: It's official. Nintendo is worth less than a mobile developer. Post by: Tynstar on May 17, 2013, 05:39:30 PM Ok I was just wondering.
Title: Re: It's official. Nintendo is worth less than a mobile developer. Post by: Crabmaster2000 on May 17, 2013, 05:53:04 PM Ok I was just wondering. I still like what Nintendo is doing for the most part. I'm personally happy that EA is out on the Wii U. Title: Re: It's official. Nintendo is worth less than a mobile developer. Post by: Tynstar on May 17, 2013, 09:42:05 PM What are they doing right? And how is it good that one the the biggest publishers in the world isn't making games for Nintendo?
Title: Re: It's official. Nintendo is worth less than a mobile developer. Post by: Silent Scythe on May 18, 2013, 08:16:32 AM hat Nintendo is doing for the most part. I'm personally happy that EA is out on the Wii U. I'm with you Crabby, nothing Sony or Microsoft has done recently really excites me. I may quit current gaming when Nintendo exits. Title: Re: It's official. Nintendo is worth less than a mobile developer. Post by: Crabmaster2000 on May 18, 2013, 08:36:40 AM What are they doing right? And how is it good that one the the biggest publishers in the world isn't making games for Nintendo? I realize it'll hurt sales, but EA puts out very little that I personally want to buy. Just means less shovelware for me to sift through. I'm not a fan of downloadable games or online play so the fact that Nintendo may be behind in those areas is fine with me. I just want fun and sometimes quirky games. Not sure if this gen will be the same but last time around the Wii was the only one putting out games I wanted to buy with a physical release. Title: Re: It's official. Nintendo is worth less than a mobile developer. Post by: Tynstar on May 18, 2013, 10:47:04 AM While I agree with you the problem is less support means less sales which means they stop making consoles. Look at the Dreamcast. The kinect has meant lots of shovel ware for the Xbox and it sucks IMO. Put it helped sales so it is good.
Title: Re: It's official. Nintendo is worth less than a mobile developer. Post by: Crabmaster2000 on May 18, 2013, 02:42:43 PM While I agree with you the problem is less support means less sales which means they stop making consoles. Look at the Dreamcast. The kinect has meant lots of shovel ware for the Xbox and it sucks IMO. Put it helped sales so it is good. I'm not disagreeing with you at all. Its likely bad for the Wii U in the long run, but I'm confident that there will be enough games on it that interest me that I'll stay satisfied with my purchase. Title: Re: It's official. Nintendo is worth less than a mobile developer. Post by: The Metamorphosing Leon on May 19, 2013, 12:19:49 PM I'm not going to pretend to know what's going on with the Wii U since I don't have one and never will, but from all accounts I've heard it has very few games and those that it does have suck. It seems like the perfect type of console to let quirky third developer parties design games for, but Nintendo doesn't do that...
It just feels like Nintendo hasn't grasped the fact that it isn't 1984 anymore. Title: Re: It's official. Nintendo is worth less than a mobile developer. Post by: RetroRage on May 20, 2013, 07:12:51 PM I'm not going to pretend to know what's going on with the Wii U since I don't have one and never will, but from all accounts I've heard it has very few games and those that it does have suck. It seems like the perfect type of console to let quirky third developer parties design games for, but Nintendo doesn't do that... It just feels like Nintendo hasn't grasped the fact that it isn't 1984 anymore. Eh I dunno about the 1984 thing. Nintendo has always tried to be innovative and in most cases is the leader. However, to its detriment. They've stubbornly chosen to go against the grain and ignored most contemporary trends in the industry like oh I dunno, online multi-player games people actually enjoy? Title: Re: It's official. Nintendo is worth less than a mobile developer. Post by: Arrrhalomynn on May 24, 2013, 01:33:57 PM I didn't know Nintendo was still around. Didn't they have this game with a carpenter or something?
Title: Re: It's official. Nintendo is worth less than a mobile developer. Post by: Sirgin on May 25, 2013, 06:23:13 PM Nintendo has so much money in the bank, they can easily muddle along for another two generations.
What Nintendo should do: - Get out of the hardware business - Maybe get out of the handheld hardware business, too Just think about it. Everyone loves the handful of great Nintendo 1st party games. They would sell loads on PS3/360. Everyone loves the handful of great Nintendo handheld games. They would sell boatloads (at a lower price) on smartphones. This would leave Nintendo with all the software people love but without the hassle of having to make hardware. Title: Re: It's official. Nintendo is worth less than a mobile developer. Post by: OatBob on May 25, 2013, 07:23:26 PM Well, I should follow up on this news development.
The Gung Ho bubble popped yesterday, and stock prices dropped 30% Title: Re: It's official. Nintendo is worth less than a mobile developer. Post by: nes_pimp on May 25, 2013, 08:12:03 PM I feel as though Nintendo is doing everything right. The library isnt much now, but just think aboot how it will look compared to the other guys when there systems come out. Ill have to see what Sony brings to the table this year. One thing that for sure Xbox is very disapointing. Kinect was interesting for aboot 2 months when it came out. Now a system based around it. The technology is impressive and tech geeks will love to show off their Xbox One, but its not a system for gamers. When I get home from work and want to game, I want to relax and hold a controller in my hand. NOT yell at a TV and wave my hands around like an idiot. Also the downloadable games really dont interest me, if you system crashes and you dont have your games saved to an external memory source, then your fucked. So Im really not feeling downloadable game unless its free or is the only way to play.
Title: Re: It's official. Nintendo is worth less than a mobile developer. Post by: blcklblskt on May 26, 2013, 11:02:10 AM Nintendo has so much money in the bank, they can easily muddle along for another two generations. What Nintendo should do: - Get out of the hardware business - Maybe get out of the handheld hardware business, too Just think about it. Everyone loves the handful of great Nintendo 1st party games. They would sell loads on PS3/360. Everyone loves the handful of great Nintendo handheld games. They would sell boatloads (at a lower price) on smartphones. This would leave Nintendo with all the software people love but without the hassle of having to make hardware. The 3DS is selling well. It would be an incredibly stupid business move to stop making handhelds. Title: Re: It's official. Nintendo is worth less than a mobile developer. Post by: Sirgin on May 26, 2013, 12:29:46 PM The 3DS is selling well. It would be an incredibly stupid business move to stop making handhelds. You're right. I guess I should've emphasized the "maybe" in my statement. As long as their handhelds are selling fine, great. But it might still happen that people just won't buy a seperate handheld anymore and want their smartphone to do everything. If that happens, Nintendo should get out of the handheld hardware business. They should already be out of the console hardware business, imo. The Wii U isn't selling that well and many gamers are sensible enough to realize that they should wait for PS4/720 because the vast majority of titles will be on those two systems. Nintendo hit the jackpot with the Wii because they attracted the non-gamers to buy into the hype. Hypes only last so long though and all those same non-gamers are now not buying the Wii U. If that hadn't happened, the Wii would've been another GameCube. Interestingly, from a gamers' perspective, the Wii did end up as GameCube 2.0 when you look at its library. A small bunch of great must-have 1st party Nintendo games with little else of interest. Only difference is that the Wii library has about 10,000 "casual" shovelware/dance games, which the GameCube has not. If the Wii U hardware proves too far removed from the PS4/One hardware, there is a great risk the Wii U will end up in exactly the same spot. Title: Re: It's official. Nintendo is worth less than a mobile developer. Post by: Cobra on May 27, 2013, 01:49:41 AM I'm not too surprised the Wii U isn't selling like hotcakes. I mean it's currently up against much cheaper last gen systems with huge libraries of cheap games.
Title: Re: It's official. Nintendo is worth less than a mobile developer. Post by: Shadow Kisuragi on May 27, 2013, 08:55:28 AM I'm not too surprised the Wii U isn't selling like hotcakes. I mean it's current up against much cheaper last gen systems with huge libraries of cheap games. Sadly, I think that's the first time someone's brought that up. That's what I expect to be the case, since that's how the Wii got a large boost from its lower price point. Title: Re: It's official. Nintendo is worth less than a mobile developer. Post by: blcklblskt on May 27, 2013, 10:59:23 AM I'm not too surprised the Wii U isn't selling like hotcakes. I mean it's currently up against much cheaper last gen systems with huge libraries of cheap games. Very good point, I never thought of that. Maybe the Wii U will start selling slightly better when the PS4/One launch. Title: Re: It's official. Nintendo is worth less than a mobile developer. Post by: techwizard on May 27, 2013, 03:34:09 PM I'm not too surprised the Wii U isn't selling like hotcakes. I mean it's currently up against much cheaper last gen systems with huge libraries of cheap games. Very good point, I never thought of that. Maybe the Wii U will start selling slightly better when the PS4/One launch. this is sounding a lot like the dreamcast era Title: Re: It's official. Nintendo is worth less than a mobile developer. Post by: SirPsycho on May 27, 2013, 03:42:30 PM this is sounding a lot like the dreamcast era The difference being that the first 3 months saw the Wii U outsell both the 360 and PS3s first few months, then it died. Now that news is out of the competition people are buying Wii U's again. Also Sega didn't have a successful handheld to fall back on like Nintendo's always had since 1989. Title: Re: It's official. Nintendo is worth less than a mobile developer. Post by: techwizard on May 27, 2013, 03:45:42 PM this is sounding a lot like the dreamcast era The difference being that the first 3 months saw the Wii U outsell both the 360 and PS3s first few months, then it died. Now that news is out of the competition people are buying Wii U's again. Also Sega didn't have a successful handheld to fall back on like Nintendo's always had since 1989. good point, so maybe it won't be that bad. i just worry that the wii-u feels too much like a transition console between generations to a lot of people. |