Following Nintendo's financial results yesterday which revealed that sales of the DS are in decline in Japan, analyst Michael Pachter has said that he believes Nintendo has a new handheld ready for launch before the end of the year.
DS sales in the US and Europe remain strong, and the Wedbush Morgan exec expects the majority of Nintendo's DS shipment for this fiscal year to arrive in these territories to meet ongoing demand.
"It is likely that DS demand will continue to decline in Japan, and we think that Nintendo has a new handheld device ready for launch in that territory before the end of the calendar year," said Pachter.
"We think that the lion's share of the expected 28 million DS hardware units shipped during the fiscal year will land in the US and Europe, and we expect to see strong software sales in those territories," he added.
Profit for Nintendo rose 34 per cent in the first fiscal quarter of the year to JPY 107.2 billion, with sales topping JPY 423.3 billion.
Originally posted by: Queasy
Speaking of DS, in the financials it showed that DS sales were dropping in Japan. I'm guessing it is because pretty much everyone there has a DS. So, that means a new DS, right? I thought maybe next year. But, according to Pachter a new DS will come out this year.
Following Nintendo's financial results yesterday which revealed that sales of the DS are in decline in Japan, analyst Michael Pachter has said that he believes Nintendo has a new handheld ready for launch before the end of the year.
DS sales in the US and Europe remain strong, and the Wedbush Morgan exec expects the majority of Nintendo's DS shipment for this fiscal year to arrive in these territories to meet ongoing demand.
"It is likely that DS demand will continue to decline in Japan, and we think that Nintendo has a new handheld device ready for launch in that territory before the end of the calendar year," said Pachter.
"We think that the lion's share of the expected 28 million DS hardware units shipped during the fiscal year will land in the US and Europe, and we expect to see strong software sales in those territories," he added.
Profit for Nintendo rose 34 per cent in the first fiscal quarter of the year to JPY 107.2 billion, with sales topping JPY 423.3 billion.
Originally posted by: MikeyLSU
plenty of fads make buttloads of money, the question will be is "will this type of gaming still be as popular in 10 years"
I think no.
Originally posted by: Xavier434
If there is one thing that is true about the main customer base for Nintendo and the Wii in particular is that they mostly consist of the silent majority.
Those who claim it is a fad or whatever are the types who are either not regularly exposed to or never exposed to these customers. These customers are the ones who have children which play their Wii regularly and do not come and post nonsense on the internet. They are also the adults that are not even registered on a single web forum. They are never heard.
That's one reason why the high numbers over such a long period of time count for so much. Nintendo is already working on the next gen system too. It will be interesting to see how the sales figures compare to the Wii.
Originally posted by: BoberFett
Originally posted by: MikeyLSU
plenty of fads make buttloads of money, the question will be is "will this type of gaming still be as popular in 10 years"
I think no.
Even MS has admitted the casual crowd is where it's at. Just look at their E3 presentation.
You "hardcore" gamers are the fad.
Originally posted by: destrekor
I see some people here refuse to believe simple market economics. I don't deny the Wii has sold very well, but the rate at which it is selling, isn't exactly unheard of. Nintendo, especially by now, should easily be able to manufacture enough Wiis to have a lot still standing on shelves a few days after a shipment.
But when the supply is artificially choked, and it appears to be impossible to find one, the demand then skyrockets because everyone believes everyone else has one, thus getting it into their head that the system is even more successful than it really is.
Yes, a LOT of people have wanted a Wii, and thought good things of it, but can anyone imagine how many have actually pressed themselves into buying one simply because they saw it? Hell, I did. I had no plans to buy it until last summer, but when I was at Target during the Spring, I saw a few on the shelf (and I knew this was a beyond-rare sight), and snagged one.
Now, I don't claim that most of the sales have been due to artificial demand, but I imagine a decent amount are the direct result of what is possibly artificial supply restraints.
The PS2 sold like hotcakes too, and yet it was always able to be found on store shelves. What made it sell so damned well? Kickass software. Something the Wii lacks, and is what lends some support to my argument. Software sales on the Wii are pathetic compared to the other console. Yes, every now and then an awesome first-party title comes out on the Wii, a Mario game or something, and they sell like crazy... because Wii owners have nothing else to enjoy.
I own a PS3, Wii, and a gaming PC. I play the Wii so rarely, that I let my sister and brother-in-law borrow it for the summer. That, and it's more of a party system, or at least multiplayer, kind of boring playing it by yourself... so they are enjoying it more than I ever did. I'll get it back for the school year, because I imagine my roommates are going to play it too, and that could be fun.
Originally posted by: BoberFett
Originally posted by: MikeyLSU
plenty of fads make buttloads of money, the question will be is "will this type of gaming still be as popular in 10 years"
I think no.
Even MS has admitted the casual crowd is where it's at. Just look at their E3 presentation.
You "hardcore" gamers are the fad.
Originally posted by: CasioTech
Originally posted by: destrekor
I see some people here refuse to believe simple market economics. I don't deny the Wii has sold very well, but the rate at which it is selling, isn't exactly unheard of. Nintendo, especially by now, should easily be able to manufacture enough Wiis to have a lot still standing on shelves a few days after a shipment.
But when the supply is artificially choked, and it appears to be impossible to find one, the demand then skyrockets because everyone believes everyone else has one, thus getting it into their head that the system is even more successful than it really is.
Yes, a LOT of people have wanted a Wii, and thought good things of it, but can anyone imagine how many have actually pressed themselves into buying one simply because they saw it? Hell, I did. I had no plans to buy it until last summer, but when I was at Target during the Spring, I saw a few on the shelf (and I knew this was a beyond-rare sight), and snagged one.
Now, I don't claim that most of the sales have been due to artificial demand, but I imagine a decent amount are the direct result of what is possibly artificial supply restraints.
The PS2 sold like hotcakes too, and yet it was always able to be found on store shelves. What made it sell so damned well? Kickass software. Something the Wii lacks, and is what lends some support to my argument. Software sales on the Wii are pathetic compared to the other console. Yes, every now and then an awesome first-party title comes out on the Wii, a Mario game or something, and they sell like crazy... because Wii owners have nothing else to enjoy.
I own a PS3, Wii, and a gaming PC. I play the Wii so rarely, that I let my sister and brother-in-law borrow it for the summer. That, and it's more of a party system, or at least multiplayer, kind of boring playing it by yourself... so they are enjoying it more than I ever did. I'll get it back for the school year, because I imagine my roommates are going to play it too, and that could be fun.
exactly, people want what they can't have, what others want and what keeps it's value.
Originally posted by: CasioTech
and you know what they play regularly? Cheap gamecube games because their parents won't buy them $50 wii games.
a lot of my buyers ask, what is a gamecube and how can it run on wii. That's because all they know about is the wii.
Originally posted by: Oyeve
Its strange. When the DS came out it was nearly a flop, the PSP spanked it when it came out. Then good SW actually made it to the DS and the PSP, other than homebrew stuff, just lacks really good games IMO. My PSP is collecting dust and I use my DS nearly every day.
Originally posted by: BladeVenom
Nintendo is no fad; they've been making consoles and console games longer than either MS or Sony. The PS and Xbox fad is now over, and Nintendo is number one again.
Originally posted by: Xavier434
If there is one thing that is true about the main customer base for Nintendo and the Wii in particular is that they mostly consist of the silent majority.
Those who claim it is a fad or whatever are the types who are either not regularly exposed to or never exposed to these customers. These customers are the ones who have children which play their Wii regularly and do not come and post nonsense on the internet. They are also the adults that are not even registered on a single web forum. They are never heard.
Originally posted by: skace
Originally posted by: Xavier434
If there is one thing that is true about the main customer base for Nintendo and the Wii in particular is that they mostly consist of the silent majority.
Those who claim it is a fad or whatever are the types who are either not regularly exposed to or never exposed to these customers. These customers are the ones who have children which play their Wii regularly and do not come and post nonsense on the internet. They are also the adults that are not even registered on a single web forum. They are never heard.
I don't necessarily agree with this and I'd argue that this forum is somewhat of an anomaly that I think corresponds greatly with the fact that this is a PC tech related website. When I read posts from console gamers here, I get the impression of a PC gamer who simply didn't want to or couldn't afford to keep upgrading their PC so they purchased an Xbox360 and keep on playing PC games. They play Halo, which is a PC FPS, they play CoD4, another PC FPS, or Kotor, which is a PC RPG from Bioware, or GTA4 which is another series originating from the PC. These are all western PC games that have been ported to the console because Microsoft decided to make a console that mimics the PC. They are talking about Fallout 3 which is another PC series. Sometimes I come to this forum just to get PC gaming news because of how much of this forum is centered on those types of games without maybe even realizing it.
When I go to a site like Penny-Arcade, I read threads that are 50+ pages long with thousands of posts on a game that wouldn't even get a thread in this forum and if someone bothered to create a thread nobody would even respond. Like Etrian Odyssey for instance.
So I guess what I'm saying is that, while it is true that there is a silent majority in regards to Nintendo there is also a large community that is basically un/misrepresented here.
Originally posted by: CasioTech
Originally posted by: Xavier434
If there is one thing that is true about the main customer base for Nintendo and the Wii in particular is that they mostly consist of the silent majority.
Those who claim it is a fad or whatever are the types who are either not regularly exposed to or never exposed to these customers. These customers are the ones who have children which play their Wii regularly and do not come and post nonsense on the internet. They are also the adults that are not even registered on a single web forum. They are never heard.
That's one reason why the high numbers over such a long period of time count for so much. Nintendo is already working on the next gen system too. It will be interesting to see how the sales figures compare to the Wii.
and you know what they play regularly? Cheap gamecube games because their parents won't buy them $50 wii games.
a lot of my buyers ask, what is a gamecube and how can it run on wii. That's because all they know about is the wii.
Marketing genius? That's part of the reason.Originally posted by: destrekor
I see some people here refuse to believe simple market economics. I don't deny the Wii has sold very well, but the rate at which it is selling, isn't exactly unheard of. Nintendo, especially by now, should easily be able to manufacture enough Wiis to have a lot still standing on shelves a few days after a shipment.
But when the supply is artificially choked, and it appears to be impossible to find one, the demand then skyrockets because everyone believes everyone else has one, thus getting it into their head that the system is even more successful than it really is.
Yes, a LOT of people have wanted a Wii, and thought good things of it, but can anyone imagine how many have actually pressed themselves into buying one simply because they saw it? Hell, I did. I had no plans to buy it until last summer, but when I was at Target during the Spring, I saw a few on the shelf (and I knew this was a beyond-rare sight), and snagged one.
Now, I don't claim that most of the sales have been due to artificial demand, but I imagine a decent amount are the direct result of what is possibly artificial supply restraints.
The PS2 sold like hotcakes too, and yet it was always able to be found on store shelves. What made it sell so damned well? Kickass software. Something the Wii lacks, and is what lends some support to my argument. Software sales on the Wii are pathetic compared to the other console. Yes, every now and then an awesome first-party title comes out on the Wii, a Mario game or something, and they sell like crazy... because Wii owners have nothing else to enjoy.
I own a PS3, Wii, and a gaming PC. I play the Wii so rarely, that I let my sister and brother-in-law borrow it for the summer. That, and it's more of a party system, or at least multiplayer, kind of boring playing it by yourself... so they are enjoying it more than I ever did. I'll get it back for the school year, because I imagine my roommates are going to play it too, and that could be fun.
Originally posted by: jpeyton
Marketing genius? That's part of the reason.
But Nintendo has always choked supplies of their consoles at launch. It was the same exact situation for the N64 and Gamecube (I know because I tried to buy both at launch).
And the N64 and Gamecube had similar software profiles as well; great first party support, with lagging third party support. So why did they fail, while the Wii is dominating?
1) Revolutionary interface - it's not going to replace regular gaming controllers, but it is unique enough that people want to buy it and try it.
2) Low launch price - inexpensive enough that it was a feasible impulse purchase for parents and gamers. Remember that price points are *HIGHLY* psychological, so even though real-world cost isn't largely different between the X360 and Wii, the $249 price point matters. Sony was off their rocker launching at $599/$499.
Originally posted by: BladeVenom
Even more nonsensical than calling it a fad, is some individuals saying no ones buying games for it, yet every sales chart I've seen recently has Nintendo dominating it. http://www.vgchartz.com/weekly.php OR http://www.amazon.com/gp/bests.../ref=pd_zg_hrsr_vg_2_1
Originally posted by: randay
Originally posted by: bunnyfubbles
Its not robbery if they can still push units at those prices. Don't be fooled by any marketing speak that tries to make you think they appreciate gamers so they're reducing the prices...no, they do it because they know they wouldn't be able to push the volume required to keep putting out those key popular titles at a higher price.
good advice! you can't fool me with your marketing speak!!!
Originally posted by: Lothar
Originally posted by: BladeVenom
Even more nonsensical than calling it a fad, is some individuals saying no ones buying games for it, yet every sales chart I've seen recently has Nintendo dominating it. http://www.vgchartz.com/weekly.php OR http://www.amazon.com/gp/bests.../ref=pd_zg_hrsr_vg_2_1
What can I say, there are idiots everywhere.
Originally posted by: DivideBYZero
Originally posted by: Lothar
Originally posted by: BladeVenom
Even more nonsensical than calling it a fad, is some individuals saying no ones buying games for it, yet every sales chart I've seen recently has Nintendo dominating it. http://www.vgchartz.com/weekly.php OR http://www.amazon.com/gp/bests.../ref=pd_zg_hrsr_vg_2_1
What can I say, there are idiots everywhere.
Why are these people idiots? Because they don't want to play, 'Super Space Gun Blast Online Blood Death - World War Two Edition 3'?
Originally posted by: DivideBYZero
Originally posted by: Lothar
Originally posted by: BladeVenom
Even more nonsensical than calling it a fad, is some individuals saying no ones buying games for it, yet every sales chart I've seen recently has Nintendo dominating it. http://www.vgchartz.com/weekly.php OR http://www.amazon.com/gp/bests.../ref=pd_zg_hrsr_vg_2_1
What can I say, there are idiots everywhere.
Why are these people idiots? Because they don't want to play, 'Super Space Gun Blast Online Blood Death - World War Two Edition 3'?