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RF Generation Message Board | Gaming | Video Game Generation | It's official. Nintendo is worth less than a mobile developer. 0 Members and 7 Guests are viewing this topic. « previous next »
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Author Topic: It's official. Nintendo is worth less than a mobile developer.  (Read 5853 times)
OatBob
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« 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.



Source:
http://blogs.wsj.com/digi...arket-cap-passes-nintendo
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it's thinking
Duke.Togo
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« Reply #1 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.
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Zagnorch
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« Reply #2 on: May 15, 2013, 06:55:34 AM »
Quote from: 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.

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...  Grin
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Tynstar
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« Reply #3 on: May 15, 2013, 09:35:29 AM »
I cant come soon enough. I would love to play a Nintendo game on a Xbox.
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Leynos
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« Reply #4 on: May 15, 2013, 10:35:35 AM »
Nintendo has about 18 billion in the bank. So they are not going away anytime soon.
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Link41
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« Reply #5 on: May 15, 2013, 12:03:35 PM »
Quote from: Ryudo on May 15, 2013, 10:35:35 AM
Nintendo has about 18 billion in the bank. So they are not going away anytime soon.
This. Sony will exit before Nintendo will.
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Tynstar
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« Reply #6 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.
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SirPsycho
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« Reply #7 on: May 15, 2013, 12:18:42 PM »
Quote from: 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.

"Please go software only Sega please! I beg of you!"
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Women were the reason I became a monk - and, ah, the reason I switched back... - Morte

Well I, for one, plan on discovering the secrets of the multiverse by rubbing cottage cheese on my belly and eating vast quantities of fresh-water fish. Mmm... cheese. -The Nameless One
Shadow Kisuragi
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« Reply #8 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. Grin
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The Metamorphosing Leon
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« Reply #9 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.
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When shall his new form be revealed?
Crabmaster2000
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« Reply #10 on: May 15, 2013, 08:55:10 PM »
Quote from: The Infinite 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.

Not quite everyone Wink
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« Reply #11 on: May 15, 2013, 08:58:59 PM »
Quote from: The Infinite 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.

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.
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Convinced it's not living if you stand outside the fire

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Duke.Togo
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« Reply #12 on: May 15, 2013, 09:01:40 PM »
Quote from: Shadow Kisuragi on May 15, 2013, 12:27:34 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. Grin

Had nothing to do with the Disney announcement?
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blcklblskt
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« Reply #13 on: May 15, 2013, 09:38:52 PM »
Quote from: Duke.Togo on May 15, 2013, 09:01:40 PM
Quote from: Shadow Kisuragi on May 15, 2013, 12:27:34 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. Grin

Had nothing to do with the Disney announcement?

It had quite a bit to do with Disney.  I was about to buy shares, too.  Sad
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Shadow Kisuragi
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« Reply #14 on: May 16, 2013, 09:05:19 AM »
Quote from: Duke.Togo on May 15, 2013, 09:01:40 PM
Quote from: Shadow Kisuragi on May 15, 2013, 12:27:34 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. Grin

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.
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