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Edited by Vampire Nox:
1/20/2014 1:11:56 PM
58
Nintendo loses money for the 3rd straight year. [UPDATED]
For those of you who like to argue that Nintendo will be fine. Who like to argue that the 3DS is selling well enough that it more than makes up for the Wii U's losses. Who like to say that Nintendo detractors are 'just hatin' and 'have no idea what they're talking about'...
[url=http://news.yahoo.com/wii-u-officially-disaster-nintendo-slashes-sales-forecast-123512934.html]I offer this rebuttal.[/url]
Will you Nintendo-philes listen to reason now? Maybe actually see that the company's poor choices and stubbornness are killing it?
Checkmate, Nintendo. Checkmate.
*** UPDATED INFORMATION *** As much as we (as Gamers) may respect Nintendo for their proud history; [url=http://games.yahoo.com/blogs/plugged-in/nintendo-slashes-fiscal-forecast-lousy-wii-u-sales-170745376.html]it really is that bad for them financially...[/url]
*** UPDATE 2 *** [url=http://finance.yahoo.com/news/nintendo-untraded-glut-sell-orders-003425026.html]And here is Nintendo displaying their stubbornness[/url] over these serious financial issues... It's their own hubris that has led to this decline, and it is that same hubris that may dismantle the company. Shame.
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2 RepliesEdited by Saxoclone: 1/18/2014 7:49:02 AMNo one can deny that Nintendo is in a very bad place with the Wii U right now. That being said, they're sitting on plenty of money, so they can weather this storm, however bad it may get. They've still got the 3DS, which is doing very well, even if it can't totally cover the losses. I will say that I don't totally agree with Iwata's decision to stay on- they need new blood. At the very least, he needs to start training a replacement so he can bow out gracefully.
