Quote:
Originally posted by diffusionx
Andrew, Nintendo isn't in any danger NOW, but what about in a decade, if their profits keep shrinking they like are doing?
Yes, Nintendo has enough money to stay in business for a long time with their current strategy, but it's clearly not working, they're not really getting any new fans, and the problem will probably only get worse as time goes on (after all, they werent seeing 58% drops in profit during the N64 years). Nintendo runs the risk of slowly driving themselves into irrelevance... as great as Zelda is, it isn't the powerhouse it was 5 or 10 years ago. The game industry seems to be outgrowing Nintendo... they're not struggling now, but what could happen in the future?
While Miyamato is doing "garden" projects like Pikmin that don't sell and don't move systems, people are buying PlayStation2s for GTA and Xboxes for Halo. All the while Nintendo's profits are shrinking - 58% is a HUGE drop. HUGE! No matter what way you look at it... HUGE!
They have to change up their strategy significantly if they still want to be competitive a decade from now. It's really as simple as that.
yeah, he pretty much nailed everything there.
if Nintendo doesn't find a new audience soon, they're gonna be fucked next generation. sure they'll be able to afford to make another console, but it won't have enough of a market share to stay alive. Nintendo might be able to survive this blow if it happens (which seems very likely) if they can maintain their foothold in the handheld market.
but their spot in the console industry would pretty much be gone. it hurts to say it, but i don't think they're gonna be able to compete sales wise next generation unless they really do a complete 180 with their image, and change their game plan. the only way they're gonna be able to survive is to throw a good chunk of all their money into getting some serious exclusives. Madden, Square Enix, GTA seems out of the question.
unless there's some huge huge huge 3rd party support at launch, Nintendo's gonna have to start thinking about what they're gonna do with the rest of their money.
if this really goes down, they better use that money to transcend their market while it's still theirs, and hope they can keep that foothold.
Quote:
Originally posted by Andrew
7 billion ain't going anywhere, though. Especially when they make a profit on EVERY console they sell. So right now they have a secure business plan. It won't pay dividends like Sony is getting from its mainstream publicity, but it also won't make them go under like Sega. (ZING to most on the board ;))
that's the thing though, they'll have a shit load of money from GameCube and GBA, but what good is it to invest all that money into a product that they can't sell?
they'll be able to to survive im sure, but they'll have to pull out early if anything.
Quote:
Originally posted by gamevet
That's why I think they need to pull a Sony, either this generation or next. Buy exclusive content that will surely garner a more adult audience. Nintendo does'nt need to buy a company, but outright buy some exlcusivity, even if it means a 3 year deal. What would happen to PS3 or Xbox next, if say Nintendo were to buy exclusive EA support for the next 3 years? Just the EA sports titles would be enough to sway the casual gamer over to the Nintendo console. Back it up with a solid online package (Free the first 2 years) and just outright buy the market.
see, that's good thinking. they need to aim for either EA, or Square Enix. still, i think having good third party support at launch would still be a big factor. although if Nintendo got something this big, im sure developers would be more then willing.
Quote:
Originally posted by Mzo
How about this... let's just say Nintendo's as kiddy as people say they are (which they aren't...) Isn't it kinda selfish to expect Nintendo to cater their games to your tastes, just because you "grew up?" (become overly concerned by how others perceive you instead of just having fun is closer to the truth... that isn't growing up) Do you also expect Disney to start making dark, bloody epics instead of their Disney cartoons because you outgrew them?
Nintendo is still making the best games around, and they're still making money. Only problem they have is a lack of 3rd party support, which they're starting to take baby steps to fix. The games they make are just fine the way they are.
Also, I love Miyamoto's quote in EGM:
"Nintendo does not make violent games like [Grand Theft Auto]... We need to find something that is a substitute for [GTA] in terms of a game that sells. It's our mission to find an alternative that is unique and nonviolent."
Smart and classy.
see, the only way i could see this working is if they went full force kiddy system. trying to please everyone didn't seem to work for them on GameCube. RE didn't do much, Madden didn't do much, i don't think MGS will help much, and im sure Crystal Chronicles isn't gonna do much either.
i love my indigo GameCube, and i think the design of the system is excellent, and im sure people bought a lot of black GameCubes, but what did they do?
if Nintendo doesn't have a slick console at launch for the adult market, i dunno, they're pretty much fucked.
Nintendo really is gonna have to do a huge 180 with just about everything except for game development if they want to have any chance of gaining market share again.