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It's official. Nintendo is worth less than a mobile developer.
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Topic: It's official. Nintendo is worth less than a mobile developer. (Read 5934 times)
OatBob
セガ 信者
DB Reviewer
Posts: 1311
It's official. Nintendo is worth less than a mobile developer.
«
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
Logged
it's thinking
Duke.Togo
Nintender Tape
Director
Posts: 6181
Re: It's official. Nintendo is worth less than a mobile developer.
«
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.
Logged
[img width=468 height=60]http://www.rfgeneration.com/images/banners/generated/collection/Duke.Togo.png[/img]
Zagnorch
MAJIN SONIC'S BLOODLUST MUST BE SATED!
Donor
Posts: 10981
Re: It's official. Nintendo is worth less than a mobile developer.
«
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...
Logged
Tynstar
Achievement Whore
DB Editor
Posts: 15779
Re: It's official. Nintendo is worth less than a mobile developer.
«
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.
Logged
[img width=500 height=100]http://www.trueachievements.com/gamercards/General+Tynstar.png[/img]
Leynos
Atari 7800
Posts: 581
Re: It's official. Nintendo is worth less than a mobile developer.
«
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.
Logged
Link41
The King of Hyrule
Donor
Posts: 4153
Re: It's official. Nintendo is worth less than a mobile developer.
«
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.
Logged
[img width=425 height=142]https://card.exophase.com/2/0/49188.png?1599681606[/img]
Tynstar
Achievement Whore
DB Editor
Posts: 15779
Re: It's official. Nintendo is worth less than a mobile developer.
«
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.
Logged
[img width=500 height=100]http://www.trueachievements.com/gamercards/General+Tynstar.png[/img]
SirPsycho
Naked Koei Dude
Blog Writer
Posts: 3255
Re: It's official. Nintendo is worth less than a mobile developer.
«
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!"
Logged
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
Variant Collector
Director
Posts: 10853
Awards: 2013 Fantasy Football Winner
Re: It's official. Nintendo is worth less than a mobile developer.
«
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.
Logged
The Metamorphosing Leon
Laying on the green leaf, left and abandoned...
Donor
Posts: 9496
Re: It's official. Nintendo is worth less than a mobile developer.
«
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.
Logged
When shall his new form be revealed?
Crabmaster2000
Podcast Crew
Posts: 13567
Re: It's official. Nintendo is worth less than a mobile developer.
«
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
Logged
Want to see someone barely eke through a whole pile of NES games? Check out my youtube channel:
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300+ NES games beaten since October 2011
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Cryptid Collector
SNES
Posts: 2258
Re: It's official. Nintendo is worth less than a mobile developer.
«
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.
Logged
They're so hell-bent on giving, walking a wire
Convinced it's not living if you stand outside the fire
-Garth Brooks/Standing Outside The Fire
Duke.Togo
Nintender Tape
Director
Posts: 6181
Re: It's official. Nintendo is worth less than a mobile developer.
«
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.
Had nothing to do with the Disney announcement?
Logged
[img width=468 height=60]http://www.rfgeneration.com/images/banners/generated/collection/Duke.Togo.png[/img]
blcklblskt
Nintendo 64
DB Contributor
Posts: 4062
Awards: 2017 Fantasy Football Winner
Re: It's official. Nintendo is worth less than a mobile developer.
«
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.
Had nothing to do with the Disney announcement?
It had quite a bit to do with Disney. I was about to buy shares, too.
Logged
Shadow Kisuragi
Variant Collector
Director
Posts: 10853
Awards: 2013 Fantasy Football Winner
Re: It's official. Nintendo is worth less than a mobile developer.
«
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.
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.
Logged
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