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Nintendo announces that it expects to post the first loss in its history

draggoon01

Senior member
http://www.gamespot.com/gba/news/news_6076336.html

and people still get criticized for predicting a slow demise of nintendo, that we don't know and are armchair ceo's while nintendo really knows what they're doing, or that they make more off each console sold than others, or that gba will carry them no matter what.

incidentally, next week sony will give more info on their portable psx. if it succeeds even modestly, nintendo will not be able to continue their ways...




edit:

in regards to psp, for everyone comparing it to past handhelds that failed, i think it equally important to consider what sony did with consoles and how untouchable nintendo used to be. imo, i see no reason why the same thing won't happen again, especially since nintendo is using up all of its classic snes games as remakes for gba titles.


in regards to the announcement of quadrupling sale:,
August Hardware sales according to NPD:
PS2: 291,000 [-6% over July sales]
Xbox: 146,000 [+6%]
GCN: 100,000 [-21%]
GBA: 363,000 [-24%]

http://story.news.yahoo.com/news?tmpl=story&u=/nm/20031002/tc_nm/tech_nintendo_gamecube_dc_1

Nintendo, which cut the price of the GameCube on Sept. 24, said it sold 61,000 consoles during the week following the price cut, up from weekly average sales of 15,000 during August and September.

1) 15k/week is low (and they for some reason averaged in august for comparison?). meaning either nintendo was just selling poorly or people were waiting for this price cut.
2) although sales may have quadrupled, they sold the console for $50 less (negating the price of bundled game).
3) they've been heavily, heavily advertising the price cut. it's one thing to get the word out, but even people who watch tv to a minimal degree noticed that same commercial being played again and again. which makes me wonder if any increase in sales will be worth it after the advertising costs and price drop. are sales of games gong to make up for all that? were there people who wanted to buy multiple games for the console but were waiting all this time for the console price drop??
4) the most interesting thing to wait for is if this is sustained. if msft and sony keep to their prices and nintendo's sales go back to previous trends, then nintendo will be out of cards to play. there's still almost 2 more years left in this generation of consoles. what are they going to do? price cut to $79? pack in another game or zelda? pack in gba? release gamecube 2 ahead of msft or sony?
 
NES > EVERY CONSOLE

and i think everyone knew that when gamecube came out, it was going to flop.
i can name 2 games i liked on gamecube: metroid prime, and.... oh wait, thats it.
 
"and people still get criticized for predicting a slow demise of nintendo, that we don't know and are armchair ceo's while nintendo really knows what they're doing, or that they make more off each console sold than others, or that gba will carry them no matter what."

Why ? because it's all true. :Q

This loss is almost entirely caused by Nintendo's large cash reserves and the devaluation of the Dollar.
 
Originally posted by: sxr7171
Great, first Sega now Nintendo, stupid gamers today only buy hype.

The only games I am intersted on the cube are the Roguesquadron series. But thats not worth the purchase of a new console.
 
:brokenheart:

I'd hate to see them go. 🙁

But I guess this means I'll be able to play Sonic or Mario on my PS3 or XBOX2 😀
 
Originally posted by: batmang
NES > EVERY CONSOLE

and i think everyone knew that when gamecube came out, it was going to flop.
i can name 2 games i liked on gamecube: metroid prime, and.... oh wait, thats it.

Soul Calibur 2 (with Link)
Eternal Darkness.

And I don't even own a GC.
 
Hopefully the new release of Mario Kart will help boslter their sales. Just wait for the holiday seasone too. They might just have something up their sleeves.
 
Originally posted by: Beller0ph1
Hopefully the new release of Mario Kart will help boslter their sales. Just wait for the holiday seasone too. They might just have something up their sleeves.

Mario Kart is coming to the gamecube?!?
 
Originally posted by: CQuinn
Originally posted by: batmang
NES > EVERY CONSOLE

and i think everyone knew that when gamecube came out, it was going to flop.
i can name 2 games i liked on gamecube: metroid prime, and.... oh wait, thats it.

Soul Calibur 2 (with Link)
Eternal Darkness.

And I don't even own a GC.

fighting games on the GC suck arse. the button layout is not designed for it at all.
 
Maybe if they actually made new games rather than just having Mario 24 and Zelda 15 they'd sell more consoles.
 
I knew Gamecube would fail the day I got a hold of a gamecube controller. GC controllers are especially good for a couple of Nintendo games but suck for fighting games, racing games, sports games, pretty much any other game out there.

 
Nintendo's problem is that they keep coming up with stupid, useless hardware that NO one wants to use or buy. (GBC-GBA adaptor, GBA Adaptor, E-Card Reader, Sunlight Reader, etc) QUIT wasting your time on stupid gimmicks and focus on WIDER selection of games.
 
Originally posted by: pulse8
Maybe if they actually made new games rather than just having Mario 24 and Zelda 15 they'd sell more consoles.
Yep.
I knew Gamecube would fail the day I got a hold of a gamecube controller. GC controllers are especially good for a couple of Nintendo games but suck for fighting games, racing games, sports games, pretty much any other game out there.
And because it's made for fairies with tiny hands.
Great, first Sega now Nintendo, stupid gamers today only buy hype.
OK 😉

Two reasons I have not considered a gamecube as a good console for me (having owned both a ps2 and sexbox):
1) Controller is pathetic. It's offensive in its patheticness. I'm sure there is a bigger one a person could buy though, so this isn't a major point.
2) Games suck. I've said it before and I'll say it again, no matter what anybody tells me, the gamecube targets younger audiences. People like me want violence and more adult-oriented games. There's no point in somebody refuting this by posting a link to resident evil or something else because until you can get grand theft auto or other games of mindless violence I don't want it! If it makes me a lesser person for wanting wanton violence in my games so be it, but that's something ps2 and xbox can offer.

 
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