Nintendo Shares Fall To Lowest In Five Years After Wii U Reveal

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Black_Knight_00

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#1 Black_Knight_00
Member since 2007 • 78 Posts

http://gamasutra.com/view/news/35113/Nintendo_Shares_Fall_To_Lowest_In_Five_Years_After_Wii_U_Reveal.php

Market analysts say they are skeptical about the potential success of the new Wii U console. The result was a drastic plummet for Nintendo's shares, which dropped a whopping 5.7% in value in less than a day. In short, Nintendo's shareholders believe the Wii U will not sell, resulting in a huge waste of the investors' money and many of them rushed to get rid of their shares (more than Nintendo 2.2 million shares were sold in a day - 720.000 being the daily average). It's the lowest point in five years for Nintendo.

I don't really like what Nintendo showed us, but I think it's too early to start mourning the Wii U. Sure, the controller is chunky, it has a grating name and it looks expensive, but it may be the turning point for Nintendo, who may finally be trying to catch up with Sony and Microsoft and win back core gamers.

So, what do you think? Are the shareholders right?

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shockwave04

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#2 shockwave04
Member since 2002 • 19257 Posts
This is the time to buy then. We saw what happened with the Wii ;)
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-DirtySanchez-

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#3 -DirtySanchez-
Member since 2003 • 32760 Posts
of course they will fall people investors arent going to buy into a new system when the old one is still worth as much as it is, once it gets closer to release/ released the shares will rocket back up
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James161324

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#4 James161324
Member since 2009 • 8315 Posts

No suprise, to many questions and risks with the WIIU

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forgot_it

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#5 forgot_it
Member since 2004 • 6756 Posts
This is the time to buy then. We saw what happened with the Wii ;)shockwave04
Definitely. It's a known fact that if a console is a success then its successor will be an even bigger success!
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bluelf

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#6 bluelf
Member since 2011 • 54 Posts
[QUOTE="shockwave04"]This is the time to buy then. We saw what happened with the Wii ;)forgot_it
Definitely. It's a known fact that if a console is a success then its successor will be an even bigger success!

By that logic the PS3 would be ruling the world and then some, because the PS2 was a smashing success. Don't look too much into stocks treading downwards on teh Wii-U. Stocks go downward on negative info or if there's uncertainty. I think this temporary dip is just a reflection of the latter and not the former. Investors are not sure what Nintendo's real strategy is with the WiiU yet, just like a lot of people out there.
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TacticalDesire

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#7 TacticalDesire
Member since 2010 • 10713 Posts

I think after the Wii it's way too soon to call anything a sure failure or flop, but in the immediate short term things are down for Nintendo.

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James161324

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#8 James161324
Member since 2009 • 8315 Posts

[QUOTE="shockwave04"]This is the time to buy then. We saw what happened with the Wii ;)forgot_it
Definitely. It's a known fact that if a console is a success then its successor will be an even bigger success!

Sony had the same thoughts with the ps3, it cost them billions and nearly their company

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Black_Knight_00

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#9 Black_Knight_00
Member since 2007 • 78 Posts
of course they will fall people investors arent going to buy into a new system when the old one is still worth as much as it is, once it gets closer to release/ released the shares will rocket back up-DirtySanchez-
I think the key detail here is stocks were sold off 300% faster than normal and it's the worst situation Nintendo has seen in 5 years
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myke2010

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#10 myke2010
Member since 2002 • 2747 Posts

Nintendo stocks have been falling all year, it's not like they were doing great and only suddenly dropped after the WiiU announcement. The falling stock prices are much more likely due to falling Wii sales combined with the 3DS underperforming so far.

Now when you factor in that Nintendo is announcing a new console for next year any investor with half a brain could tell you to expect Wii sales to continue to drop as people decide to hold out for the next gen WiiU. Combine that with the uncertainty with Nintendo withholding specs and pricing info and it all makes perfect sense. The current stock prices have very little to do with what how investors think the WiiU will perform in the long term and more to do with how its announcement will affect Wii sales in the next few months.

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bluelf

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#11 bluelf
Member since 2011 • 54 Posts

Nintendo stocks have been falling all year, it's not like they were doing great and only suddenly dropped after the WiiU announcement. The falling stock prices are much more likely due to falling Wii sales combined with the 3DS underperforming so far.

Now when you factor in that Nintendo is announcing a new console for next year any investor with half a brain could tell you to expect Wii sales to continue to drop as people decide to hold out for the next gen WiiU. Combine that with the uncertainty with Nintendo withholding specs and pricing info and it all makes perfect sense. The current stock prices have very little to do with what how investors think the WiiU will perform in the long term and more to do with how its announcement will affect Wii sales in the next few months.

myke2010
If we had a rep system, I would rep you. You explained the situation better than I did.
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QuistisTrepe_

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#12 QuistisTrepe_
Member since 2010 • 4121 Posts

The market doesn't like risks, but risk is what Nintendo does. We laughed at the DS and the Wii, years later, who's laughing now? The stocks are based a lot on speculation, but Nintendo has been around for a long time for a good reason.

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Rekunta

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#13 Rekunta
Member since 2002 • 8275 Posts

The market doesn't like risks, but risk is what Nintendo does. We laughed at the DS and the Wii, years later, who's laughing now? The stocks are based a lot on speculation, but Nintendo has been around for a long time for a good reason.

QuistisTrepe_
Agreed. I remember hearing very similar sentiments for many of Nintendo's past systems. I have a gut feeling the Wii U is going to do exceptionally well.
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SummerHillard

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#14 SummerHillard
Member since 2011 • 414 Posts

We laughed at the DS and the Wii, years later, who's laughing now? QuistisTrepe_

Not Nintendo. I'm still laughing at them.

The Wii U is going to as much of a success as the Gamecube, maybe even less so. It may even flop as badly as the Virtual Boy (and even that gimmick wasn't completely pointless, like having a completely unnecessary, second screen in your hands to use up battery for no damn reason at all).

It's one thing to invest in gimmicks like Nintendo has with the DS and 3DS, but to invest in a completely pointless gimmick that serves no real purpose whatsoever is going to lead to nothing good ... not even the dumbest consumers are going to pay for this damn thing, only the mindless Nintendo fanboys.

Nintendo received some reprieve (i.e., it got EXTREMELY lucky) with the Wii as it offered non-gamers and casual gamers an alternative to the overpriced competition. But the console was nothing more than a Gamecube with motion sensor control.

Nintendo may have enjoyed some initial success, and Sony may have suffered three years ago ... but unless you've been living under a rock, you should know that it's the PlayStation 3 that has made huge advancements in every way possible since 2008, while the other guys just basically stood still.

Now in 2011, the PS3 can boast having the strongest game library of all three consoles, as well as the strongest hardware (which was true from day one), a PlayStation Move which has rendered the Wii remote all but obsolete, and all the other features (HD, online community, stereoscopic 3D, blu-ray media) that have FORCED Nintendo to "upgrade" to a new console in order to stay ALIVE.

Let me put this into perspective for you: there have been maybe TWOworthwhile games released for the Wii in the last TWO friggin years. That is absolutely BEYOND sad.

If you could make money by SELLING in the stock market as you can with the foreign exchange market, I would be going SHORT like crazy right now, because the ONLY thing that Nintendo's stocks are going to do is continue to plummet. This is only the beginning of what will hopefully finally put the most overrated gaming company out of business once and for all.

If E3 2011 has done anything at all, it's that it has proven without a shadow of a doubt that all Nintendo is capable of is implementing needless gimmicks and repackaging the same damn games (Mario, Zelda, Metroid, Star Fox, Kirby, etc.) over and over again with the said gimmicks and modest graphical improvements, not really ever evolving anything or in any way beyond that.

Regardless of what anyone else thinks, in my book, this whole pathetic attempt on Nintendo's part equals one thing: FAIL.

(and Nintendo fanboys will probably come after me with pitchforks after this comment, but it doesn't really matter. This IS the truth, and this WILL be the eventual outcome)

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SummerHillard

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#15 SummerHillard
Member since 2011 • 414 Posts

Don't get wrong, I'll probably eventually get this machine (mostly because of the backwards compatibility with Wii games, allowing me to combine the two libraries into one, essentially), and it will probably be for those same Nintendo franchises from the past 25 years.

But I would be extremely surprised if Nintendo were to experience for a second time the success that ithad with the Wii (the key word there being did), as that was pretty much a situation in which the stars aligned for them.

(sorry for the DP)

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Rekunta

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#16 Rekunta
Member since 2002 • 8275 Posts

[QUOTE="QuistisTrepe_"]We laughed at the DS and the Wii, years later, who's laughing now? SummerHillard

Not Nintendo. I'm still laughing at them.

The Wii U is going to as much of a success as the Gamecube, maybe even less so. It may even flop as badly as the Virtual Boy (and even that gimmick wasn't completely pointless, like having a completely unnecessary, second screen in your hands to use up battery for no damn reason at all).

It's one thing to invest in gimmicks like Nintendo has with the DS and 3DS, but to invest in a completely pointless gimmick that serves no real purpose whatsoever is going to lead to nothing good ... not even the dumbest consumers are going to pay for this damn thing, only the mindless Nintendo fanboys.

Nintendo received some reprieve (i.e., it got EXTREMELY lucky) with the Wii as it offered non-gamers and casual gamers an alternative to the overpriced competition. But the console was nothing more than a Gamecube with motion sensor control.

Nintendo may have enjoyed some initial success, and Sony may have suffered three years ago ... but unless you've been living under a rock, you should know that it's the PlayStation 3 that has made huge advancements in every way possible since 2008, while the other guys just basically stood still.

Now in 2011, the PS3 can boast having the strongest game library of all three consoles, as well as the strongest hardware (which was true from day one), a PlayStation Move which has rendered the Wii remote all but obsolete, and all the other features (HD, online community, stereoscopic 3D, blu-ray media) that have FORCED Nintendo to "upgrade" to a new console in order to stay ALIVE.

Let me put this into perspective for you: there have been maybe TWOworthwhile games released for the Wii in the last TWO friggin years. That is absolutely BEYOND sad.

If you could make money by SELLING in the stock market as you can with the foreign exchange market, I would be going SHORT like crazy right now, because the ONLY thing that Nintendo's stocks are going to do is continue to plummet. This is only the beginning of what will hopefully finally put the most overrated gaming company out of business once and for all.

If E3 2011 has done anything at all, it's that it has proven without a shadow of a doubt that all Nintendo is capable of is implementing needless gimmicks and repackaging the same damn games (Mario, Zelda, Metroid, Star Fox, Kirby, etc.) over and over again with the said gimmicks and modest graphical improvements, not really ever evolving anything or in any way beyond that.

Regardless of what anyone else thinks, in my book, this whole pathetic attempt on Nintendo's part equals one thing: FAIL.

(and Nintendo fanboys will probably come after me with pitchforks after this comment, but it doesn't really matter. This IS the truth, and this WILL be the eventual outcome)

Why are you so bitter? You'd think Nintendo helped kill off your family or something after reading that. Nintendo is going to do very well with the Wii U. This is not coming from a fanboy either (except of great games).

They're only videogames, man.....relax.

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#17 CarnageHeart
Member since 2002 • 18316 Posts

The market doesn't like risks, but risk is what Nintendo does. We laughed at the DS and the Wii, years later, who's laughing now? The stocks are based a lot on speculation, but Nintendo has been around for a long time for a good reason.

QuistisTrepe_

People expected the PSP to do better than it did, but nobody expect the DS to fail given the fact that Nintendo had absolute dominance of the portable market (the Wii was expected to put up GC like numbers). Due to their differing histories and the different nature of their fanbases (Nintendo's core handheld fans never suffered the period of isolation Nintendo's console fans did and thus never fixated on a handful of franchises the way Nintendo's core console fans have).

In the console arena, Nintendo's succeeded with hardware aimed at casuals. Now they are targetting the core, but the number of core gamers they attract has shrunk in relative terms every generation and in absolute terms the last two generations. Those core gamers that remain are focused on a small handful of franchises (Mario, Zelda and to a much lesser extent, MP).

Nintendo's attempt to appeal to core gamers indifferent to Mario on the Wii U looks a whole lot like Nintendo's attempt to appeal to core gamers indifferent to Mario on the GC (post-ED and Pikmin) and the Wii. In all three cases Nintendo itself sticks to the familiar and merely persuades a foolhardy third party or two to try to broaden the appeal of their console. Last gen Capcom's Mikami was Nintendo's fool, this gen Sega and Cing were Nintendo's fools (sadly Cing did not survive its folly). It remains to be seen who is volunteering for the role of fool this gen.

EDIT: Also, Nintendo's attempt to meet the accomodate the core might drive away casuals (in terms of complexity, the Wii U's controller is the sort of controller Nintendo criticized when they unveiled the Wiimote).

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lordlors

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#18 lordlors
Member since 2004 • 6128 Posts

[QUOTE="QuistisTrepe_"]

The market doesn't like risks, but risk is what Nintendo does. We laughed at the DS and the Wii, years later, who's laughing now? The stocks are based a lot on speculation, but Nintendo has been around for a long time for a good reason.

CarnageHeart

People expected the PSP to do better than it did, but nobody expect the DS to fail given the fact that Nintendo had absolute dominance of the portable market (the Wii was expected to put up GC like numbers). Due to their differing histories and the different nature of their fanbases (Nintendo's core handheld fans never suffered the period of isolation Nintendo's console fans did and thus never fixated on a handful of franchises the way Nintendo's core console fans have).

In the console arena, Nintendo's succeeded with hardware aimed at casuals. Now they are targetting the core, but the number of core gamers they attract has shrunk in relative terms every generation and in absolute terms the last two generations. Those core gamers that remain are focused on a small handful of franchises (Mario, Zelda and to a much lesser extent, MP).

Nintendo's attempt to appeal to core gamers indifferent to Mario on the Wii U looks a whole lot like Nintendo's attempt to appeal to core gamers indifferent to Mario on the GC (post-ED and Pikmin) and the Wii. In all three cases Nintendo itself sticks to the familiar and merely persuades a foolhardy third party or two to try to broaden the appeal of their console. Last gen Capcom's Mikami was Nintendo's fool, this gen Sega and Cing were Nintendo's fools (sadly Cing did not survive its folly). It remains to be seen who is volunteering for the role of fool this gen.

EDIT: Also, Nintendo's attempt to meet the accomodate the core might drive away casuals (in terms of complexity, the Wii U's controller is the sort of controller Nintendo criticized when they unveiled the Wiimote).

Well apparently this time nintendo's support is ubisoft with AC, Ghost Recon online, Killer Freaks, etc. anyway, why do you want to see nintendo fail so badly? did the company harmed your relative or what?
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#19 CarnageHeart
Member since 2002 • 18316 Posts

[QUOTE="CarnageHeart"]

[QUOTE="QuistisTrepe_"]

The market doesn't like risks, but risk is what Nintendo does. We laughed at the DS and the Wii, years later, who's laughing now? The stocks are based a lot on speculation, but Nintendo has been around for a long time for a good reason.

lordlors

People expected the PSP to do better than it did, but nobody expect the DS to fail given the fact that Nintendo had absolute dominance of the portable market (the Wii was expected to put up GC like numbers). Due to their differing histories and the different nature of their fanbases (Nintendo's core handheld fans never suffered the period of isolation Nintendo's console fans did and thus never fixated on a handful of franchises the way Nintendo's core console fans have).

In the console arena, Nintendo's succeeded with hardware aimed at casuals. Now they are targetting the core, but the number of core gamers they attract has shrunk in relative terms every generation and in absolute terms the last two generations. Those core gamers that remain are focused on a small handful of franchises (Mario, Zelda and to a much lesser extent, MP).

Nintendo's attempt to appeal to core gamers indifferent to Mario on the Wii U looks a whole lot like Nintendo's attempt to appeal to core gamers indifferent to Mario on the GC (post-ED and Pikmin) and the Wii. In all three cases Nintendo itself sticks to the familiar and merely persuades a foolhardy third party or two to try to broaden the appeal of their console. Last gen Capcom's Mikami was Nintendo's fool, this gen Sega and Cing were Nintendo's fools (sadly Cing did not survive its folly). It remains to be seen who is volunteering for the role of fool this gen.

EDIT: Also, Nintendo's attempt to meet the accomodate the core might drive away casuals (in terms of complexity, the Wii U's controller is the sort of controller Nintendo criticized when they unveiled the Wiimote).

Well apparently this time nintendo's support is ubisoft with AC, Ghost Recon online, Killer Freaks, etc. anyway, why do you want to see nintendo fail so badly? did the company harmed your relative or what?

:lol:What Rekunata said to the other guy was marginally clever (though it was a nonresponse to some valid points), you repeating it is less so.

My reasons for my skepticism of Nintendo's franchise are outlined above, but perhaps the wording was too complicated for you, so I will restate my position. Creating (or demonstrating the appeal of) demand for a genre on a console where such games traditionally don't do well tends to be a long, unprofitable business which third parties shun.

When everyone and their grandmother was making rpgs for the PS2, MS didn't rely on the kindness of third parties, they funded rpgs whose (eventual) success convinced third parties that there was a market for rpgs on the Xbox. When Nintendo released the DS, Nintendo didn't rely on third parties to create games which appealed to casuals, they funded the creation of Brain Training and Nintendogs. When Nintendo released the Wii, they didn't rely on third parties to create games which appealed to casuals, they created Wii Sports. I hope you can see the pattern.

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lordlors

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#20 lordlors
Member since 2004 • 6128 Posts

[QUOTE="lordlors"][QUOTE="CarnageHeart"]

People expected the PSP to do better than it did, but nobody expect the DS to fail given the fact that Nintendo had absolute dominance of the portable market (the Wii was expected to put up GC like numbers). Due to their differing histories and the different nature of their fanbases (Nintendo's core handheld fans never suffered the period of isolation Nintendo's console fans did and thus never fixated on a handful of franchises the way Nintendo's core console fans have).

In the console arena, Nintendo's succeeded with hardware aimed at casuals. Now they are targetting the core, but the number of core gamers they attract has shrunk in relative terms every generation and in absolute terms the last two generations. Those core gamers that remain are focused on a small handful of franchises (Mario, Zelda and to a much lesser extent, MP).

Nintendo's attempt to appeal to core gamers indifferent to Mario on the Wii U looks a whole lot like Nintendo's attempt to appeal to core gamers indifferent to Mario on the GC (post-ED and Pikmin) and the Wii. In all three cases Nintendo itself sticks to the familiar and merely persuades a foolhardy third party or two to try to broaden the appeal of their console. Last gen Capcom's Mikami was Nintendo's fool, this gen Sega and Cing were Nintendo's fools (sadly Cing did not survive its folly). It remains to be seen who is volunteering for the role of fool this gen.

EDIT: Also, Nintendo's attempt to meet the accomodate the core might drive away casuals (in terms of complexity, the Wii U's controller is the sort of controller Nintendo criticized when they unveiled the Wiimote).

CarnageHeart

Well apparently this time nintendo's support is ubisoft with AC, Ghost Recon online, Killer Freaks, etc. anyway, why do you want to see nintendo fail so badly? did the company harmed your relative or what?

:lol:What Rekunata said to the other guy was marginally clever (though it was a nonresponse to some valid points), you repeating it is less so.

My reasons for my skepticism of Nintendo's franchise are outlined above, but perhaps the wording was too complicated for you, so I will restate my position. Creating (or demonstrating the appeal of) demand for a genre on a console where such games traditionally don't do well tends to be a long, unprofitable business which third parties shun.

When everyone and their grandmother was making rpgs for the PS2, MS didn't rely on the kindness of third parties, they funded rpgs whose (eventual) success convinced third parties that there was a market for rpgs on the Xbox. When Nintendo released the DS, Nintendo didn't rely on third parties to create games which appealed to casuals, they funded the creation of Brain Training and Nintendogs. When Nintendo released the Wii, they didn't rely on third parties to create games which appealed to casuals, they created Wii Sports. I hope you can see the pattern.

i understand what you're saying. no need for simplification. it's just that i get the vibe that you just want nintendo to go out of business or something. Haters gonna hate. Yes Nintendo doesn't rely on third parties. This is obvious and has been true for over a decade already. They just do nothing to attract third parties. On their handhelds, they don't need to since third party developers cling to nintendo's handhelds without nintendo's support. On the console front though, it's a different picture.
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osan0

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#21 osan0
Member since 2004 • 18239 Posts
so market analysts are saying its in trouble? brilliant..another 100+ million sales monster for ninty :D. analysts are always wrong :P. i think theres just way too much uncertainty surround it at the moment. according to the guys makeing darksiders 2 theres sill specs that need to be finalised. perhaps this thing really wasnt ready to be shown this year and perhaps a bigger focus on the 3DS would have been wiser. the reaction from the show floor has been almost completly positive regarding the new controller. the only negativity i see is from ultra conservative forum people who havent had their mits on it yet (and who want nothing but a normal DA controller anyway). i suppose there is also much worry about stepping on apples toes. they are the market darling at the mo so even the idea of taking on apple is scary for investors (even so ninty arent taking them on directly in fariness). as it becomes clearer what it is things should improve.
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#22 Gamingclone
Member since 2009 • 5224 Posts

This is no big surpise, stocks are always falling and rising and selling and buying. Its crazy really. The Wii U, yeah it looks like a big gamble. I myself, I love it, I would pay any price for it to be honest. But investors like to be tacky with their money. So they are always cautious with their money and flip out if anything they dont like happens.

If things pan out for Nintendo, and the Wii U really does get its 3rd party support and the games appeal to "U" and everyone, and thesystem doesnt have an unreasonable price,then the system will sell well, maybe not as well as the Wii or DS, but it'll sell.

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forgot_it

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#23 forgot_it
Member since 2004 • 6756 Posts

[QUOTE="forgot_it"][QUOTE="shockwave04"]This is the time to buy then. We saw what happened with the Wii ;)James161324

Definitely. It's a known fact that if a console is a success then its successor will be an even bigger success!

Sony had the same thoughts with the ps3, it cost them billions and nearly their company

I know, I was being sarcastic :|.
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#24 SummerHillard
Member since 2011 • 414 Posts

It's not that I necessarily WANT Nintendo to fail (even though they have become quite overrated in the gaming community, especially as of late). I will almost definitely purchase the Wii U eventually, but I have a feeling this may be the last Nintendo console that I ever play. Just looking at the facts, there are quite a few reasons as to why this console will most likely bomb in the sales:

• The Wii was successful primarily because of TWO reasons. #1, it was significantly cheaper than the competition, leading many non-gamers and casual gamers to choose it, regardless of what it lacked in graphical/processing power. #2, it offered up a seemingly innovative motion sensor control system as a way to play games that the other guys hadn't really done (at the time) (although the PS3 had already utilized the Sixaxis from the get go)

• This time around, the Wii U boasts absolutely NO advantage over the PS3 or Xbox 360. In terms of power, the three consoles are more or less on par with one another (at least the vast majority of consumers won't be able to tell the difference). With the introduction of the PS Move and the Kinect, and the fact that the main controller for the Wii U is still just the old Wii remote, Nintendo has also lost THAT advantage that it had initially with the Wii

• Although some may disagree, it seems to me that the new controller is one of the most pointless gimmicks (or features, if you want to call it that) in gaming history. Never, ever have I had a problem with "sharing" a TV screen with someone else, but I guess if this is a big deal for you, Nintendo's got your back ... for most people, however, I would think that this is just a way to drain energy by activating an identical, SECOND screen when human eyes can only evenlook at ONE at a time. I sincerely doubt that everyone "and their grandma" are going to be as enthralled with this new "feature" this time around

• Are people really that hard-up for ANOTHER Super Smash Bros. and ANOTHER Mario Kart and ANOTHER Super Mario Bros., which are all going to be more or less the exact same thing we've seen in the past and recent present? Even the fanboys must be getting sick of the same-old, same-old by now

• The most important reason of them all, $$$. I submit that the price tag of the Wii at launch was 80% of the reason why Nintendo's console outsold the other guys. This time around, Nintendo is offering a console that has no real advantages over the PS3 or the 360, and yet will probably be PRICIER than the other guys ... the other guys that have already built a strong library of games, whereas the Wii U will be just starting out with a few launch titles. It's just simple logic that Nintendo's in for a world of hurt

And God knows what effects the 3DS is going to have on childrens' eyes. How long before Nintendo is knee-deep in lawsuits from angry parents of newly-blinded children. It doesn't take a psychic to foresee that Nintendo's seventh-generation success is going to come to a screeching halt. And maybe I'm just tired of having to buy new Nintendo consoles all the time simply to play the same old games with new gimmicks or "remade" in HD or 3D or whatever.

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#25 Metamania
Member since 2002 • 12035 Posts

The market doesn't like risks, but risk is what Nintendo does. We laughed at the DS and the Wii, years later, who's laughing now? The stocks are based a lot on speculation, but Nintendo has been around for a long time for a good reason.

QuistisTrepe_

Exactly. A lot of people doubted and criticized both systems, but when it came out, everyone sang a different tune. I expect the same thing to happen with the Wii U.

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myke2010

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#26 myke2010
Member since 2002 • 2747 Posts

• This time around, the Wii U boasts absolutely NO advantage over the PS3 or Xbox 360. In terms of power, the three consoles are more or less on par with one another (at least the vast majority of consumers won't be able to tell the difference).

SummerHillard

You do know that the footage at E3 was confirmed to be from either PC, PS3 or 360 version of games, right? For all we know the WiiU could blow away the competition or it could look worse. Nobody has any idea at this point.

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JonathanL

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#27 JonathanL
Member since 2002 • 22123 Posts

The market doesn't like risks, but risk is what Nintendo does. We laughed at the DS and the Wii, years later, who's laughing now? The stocks are based a lot on speculation, but Nintendo has been around for a long time for a good reason.

QuistisTrepe_
This. The WiiU could continue Nintendo's success at getting casual gamers to fork over for more Nintendo goods, or it could disappoint. Because of the way MS and Sony are positioned, Nintendo has to aggressively go after a consumer that can't be counted on the same way. The question is whether the Wii was a fad, or the start of an enduring brand with wide appeal.
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DavidianMH

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#28 DavidianMH
Member since 2011 • 1458 Posts
I have a feeling they will drop even farther when the price is revealed.
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Rekunta

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#29 Rekunta
Member since 2002 • 8275 Posts


A few points I'd like to address here. Sorry for not quoting, Glitchspot is rearing its ugly head again...

"This time around, the Wii U boasts absolutely NO advantage over the PS3 or Xbox 360. In terms of power, the three consoles are more or less on par with one another (at least the vast majority of consumers won't be able to tell the difference). With the introduction of the PS Move and the Kinect, and the fact that the main controller for the Wii U is still just the old Wii remote, Nintendo has also lost THAT advantage that it had initially with the Wii."

First off, if Nintendo has demonstrated anything in the past, it's that success is not contingent on hardware specs. And if the vast majority won't be able to discern a difference, then it's a moot point anyway, right? As far as has been rumored, the Wii U will be slightly more powerful than the 360 which is frankly far more power than I can see Nintendo really caring to need. Secondly, how is the new controller no advantage over what the PS3 and 360 have to offer? It's a huge advantage.....I don't see anything but advantage.

"Although some may disagree, it seems to me that the new controller is one of the most pointless gimmicks (or features, if you want to call it that) in gaming history. Never, ever have I had a problem with "sharing" a TV screen with someone else, but I guess if this is a big deal for you, Nintendo's got your back ... for most people, however, I would think that this is just a way to drain energy by activating an identical, SECOND screen when human eyes can only even look at ONE at a time. I sincerely doubt that everyone "and their grandma" are going to be as enthralled with this new "feature" this time around."

If anything, I'd argue that the Wiimote (and especially the 3D in the 3DS) have been far more gimmicky and pointless than this new controller could ever hope to be. Their functionality was (is) superficial at best, unlike what a touchscreen can offer in terms of depth in comparison. This is a much welcome step back to a more traditional control method, with a touch screen to boot, which Nintendo has shown to be extraordinarily successful with the DS and will continue to do so with the 3DS (even though you can only look at one screen at a time :) ). What makes you think it's going to be any different here?

You need to open your eyes to the broader possibilities that the second screen on the controller will bring to gaming. It's not just going to be a second TV to be able to use when Mom or Dad gets home and wants to watch the news, it's going to work in conjunction with the Wii U while playing. Have your watched Nintendo's press conference? Did you see the demonstrations? It honestly comes off to me like you haven't and have just looked at it once and made up your mind it's a joke. How exactly is a touch screen in a controller not an advantage over what Sony and MS are offering? I see it as nothing but bringing more ease of usability and further innovation to the user and game. If you can't see the possibilities that this new controller will bring to the table, you're just not looking hard enough or simply don't wish to see it. Nintendo has proven that touchscreen technology is not a gimmick and can be a very useful addition to a more user friendly, convenient and deeper gaming experience, and personally I'm very excited that we're finally getting to see this tech being utilized on a home console.


"Are people really that hard-up for ANOTHER Super Smash Bros. and ANOTHER Mario Kart and ANOTHER Super Mario Bros., which are all going to be more or less the exact same thing we've seen in the past and recent present? Even the fanboys must be getting sick of the same-old, same-old by now."

I'd have to fully agree with you here. It is getting tiresome playing the same games, although to Nintendo's credit they always do seem to manage in some way to try to innovate (Mario Galaxy) to help keep their franchises fresh, although I can't say the same about Zelda. Something needs to be done with it, SS is the first in the series I'm contemplating passing on, which is something I never thought I'd say. Perhaps I've just outgrown it.

"The most important reason of them all, $$$. I submit that the price tag of the Wii at launch was 80% of the reason why Nintendo's console outsold the other guys. This time around, Nintendo is offering a console that has no real advantages over the PS3 or the 360, and yet will probably be PRICIER than the other guys ... the other guys that have already built a strong library of games, whereas the Wii U will be just starting out with a few launch titles. It's just simple logic that Nintendo's in for a world of hurt."

No, not the most important thing, because it's pure speculation at this point. I'd be very surprised if it hit the market over $300, which is reasonable in my eyes. And yes it'll just be starting out, but a launch line-up has not even been announced yet and you fail to mention that it is backwards compatible with the Wii which brings all those games into the picture. And again, I don't understand where you're getting the idea that the Wii U offers no real advantage over its competitors.


"And God knows what effects the 3DS is going to have on childrens' eyes. How long before Nintendo is knee-deep in lawsuits from angry parents of newly-blinded children. It doesn't take a psychic to foresee that Nintendo's seventh-generation success is going to come to a screeching halt. And maybe I'm just tired of having to buy new Nintendo consoles all the time simply to play the same old games with new gimmicks or "remade" in HD or 3D or whatever."

This again comes off as very bitter. Are you LOOKING for things to blame Nintendo for? I don't think I've seen such spite in quite a while. Btw, I can't get my hands to stop shaking after playing with MS and Sony's controllers for hours on end, and have filed suit against them. I'll let you know how it goes....

You can mark my words.....you'll be seeing very similar features and "innovations" from Sony and Microsoft a few years down the road. It happened with motion controls, it will happen here as well. People have cried foul at every new radical hardware advancement Nintendo has made in the past (DS, Wii), and Nintendo has always ended up laughing all the way to the bank. I have no doubt they'll continue to do so now and in the future.

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Elitro

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#30 Elitro
Member since 2009 • 578 Posts

I'm not a nintendo fan but i can't really see how nintendo consoles can flop..... Honestly i think these news don't necessarily mean anything, even thou i can't really see the potential of the console at this point i'm sure nintendo will find a way to sell millions once again, gamers are less predictable than stock values ;)

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#31 bluelf
Member since 2011 • 54 Posts

I'm not a nintendo fan but i can't really see how nintendo consoles can flop..... Honestly i think these news don't necessarily mean anything, even thou i can't really see the potential of the console at this point i'm sure nintendo will find a way to sell millions once again, gamers are less predictable than stock values ;)

Elitro
Not to be that guy, but I'm sure people said the same of Sega before they got owned.