Bloomberg writes april fools joke about Nintendo, not realizing its august

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http://www.bloomberg.com/news/2011-...jump-to-iphone-as-nintendo-wii-3ds-slump.html

In “Super Mario 3DLand,” Nintendo Co. will make its iconic Italian plumber battle turtle-like Koopa Troopas on its 3-D player. The company instead should develop titles for Apple Inc. (AAPL)’s iPhone, investors say.

The rift highlights the dilemma President Satoru Iwata faces as consumers shun Nintendo devices to play games on iPhones, iPads and Facebook Inc.’s website. The flop of the 3DS debut prompted the company to slash prices 40 percent in Japan starting today, the first time the games developer has resorted to such a move within six months of a product’s debut.

Iwata, who’s said Nintendo will only make titles for its own products as long as he’s in charge, should scrap that strategy to avoid further alienating investors who’ve driven the stock to six-year lows, fund manager Masamitsu Ohki said. One option may be acquisitions as the past successes of the Wii and DS helped Nintendo, the world’s largest video-game maker, build a 1.05 trillion yen ($13.7 billion) war chest in cash, equivalents and short-term investments.

“Smartphones are the new battlefield for the gaming industry,” said Ohki, a fund manager at Tokyo-based Stats Investment Management Co. “Nintendo should try to either buy its way into this platform or develop something totally new.”

He declined to identify his holdings or to name any companies that Kyoto, Japan-based Nintendo should consider as acquisition targets. Yasuhiro Minagawa, a spokesman at Nintendo, declined to comment beyond statements made previously by Iwata.

Ohki isn’t alone in saying Iwata should reconsider his strategy. On July 6, Nintendo shares jumped the most in almost four months after Pokemon Co., a former unit, said it’s developing a game for the iPhone and handsets running on Mountain View, California-based Google Inc.’s Android software. JPMorgan Chase & Co. (JPM) sent a note to clients saying the move indicated Nintendo may begin making titles for products outside its proprietary hardware.

Hours later, Nintendo denied any change in strategy, and the shares surrendered gains.

“They just don’t get it,” MF Global FXA Securities Ltd. said in a sales note that day, referring to Nintendo. “Sell the stock, because a management once feted for creative out-of-box thinking have just shown how behind the times they are.”

Given the concerns over the outlook of Nintendo’s handheld and home-console business, which account for most of the company’s profit and sales, Nintendo should make better use of its more than $10 billion cash pile, investor Tetsuro Ii said.

“Nintendo should aggressively make acquisitions or increase returns to its shareholders,” said Ii, president of Tokyo-based Commons Asset Management Inc., which held 2,200 Nintendo shares as of February, according to the company’s website. “It’s management’s task to consider how to make use of the cash.”
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You know, I think Nintendo should send one engineer to make a few shitty $1 iphone app games just to make a quick buck of the iphone owning idiots who think that games can be played on that type of device.

Shareholders and money hungry suits who have no understanding or care for this industry is what is going to kill it. Articles like this are the reason that I feel truly sad for what gaming will be in another 5 or 10 years. Just an afterthought, a way to pass time on the can or on the subway, and nothing more.

Nintendo has around 13 billion (yes, billion) in cash reserves and just came off of two of the most popular platforms in history, but now that Apple is involved, it's all doom and gloom.

At least when the gamecube was struggling along the "nintendo needs to go third party" story had some kind of basis in reality.

There's a reason why even though Microsoft promotes Windows 7 gaming, it's not your destination for new Gears of War or Forza or Halo experiences. They don't want to dilute their strongest brands with what's basically a very budget and very poor experience.

Here's another quote from bloomberg, your top source for gaming industry reports:
The 3DS, which allows users to see 3-D images without special glasses, debuted two days ago in Japan with titles including Osaka-based Capcom Co.’s "Street Fighter Soccer."
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When is Street Fighter Curling coming out?

edit: 7974 trading at ¥11,400. Not bad, considering the shittacularity of the market. Just a little further love and you'll be mine. Oh yes, you will.
 
Handheld gaming might be affected by smartphones (although I doubt it, I don't know why people think that if they can't match the DS's extreme popularity, then it's automatically a failure), but console gaming won't be going anywhere.
 
[quote name='jer7583']http://www.bloomberg.com/news/2011-...jump-to-iphone-as-nintendo-wii-3ds-slump.html



You know, I think Nintendo should send one engineer to make a few shitty $1 iphone app games just to make a quick buck of the iphone owning idiots who think that games can be played on that type of device.

Shareholders and money hungry suits who have no understanding or care for this industry is what is going to kill it. Articles like this are the reason that I feel truly sad for what gaming will be in another 5 or 10 years. Just an afterthought, a way to pass time on the can or on the subway, and nothing more.

Nintendo has around 13 billion (yes, billion) in cash reserves and just came off of two of the most popular platforms in history, but now that Apple is involved, it's all doom and gloom.

At least when the gamecube was struggling along the "nintendo needs to go third party" story had some kind of basis in reality.

There's a reason why even though Microsoft promotes Windows 7 gaming, it's not your destination for new Gears of War or Forza or Halo experiences. They don't want to dilute their strongest brands with what's basically a very budget and very poor experience.

Here's another quote from bloomberg, your top source for gaming industry reports:[/QUOTE]

What part do you think is a joke? Yes it sad that the future of gaming might not go the direction you want it too. From a stock standpoint, I agree with the bloomberg.

But I personally wouldn't invest in the video game sector, profit margins are too small and the growth isn't there.

I personally wouldn't buy nintendo stock now because I don't believe in the future growth of the company. I don't see profits going much higher here. Much of that has to do with with the flop of the 3DS. From a business standpoint it hard to say the 3DS hasn't been a flop so far.
 
Obviously it depends on the type of game. Trying to port Super Mario World to the iPhone would be a terrible idea - see those horrible Sega ports. Making a new game designed for the platform would be a completely different story. Nintendo is talented enough that surely they could come up with some great stuff. Heck, just making a new Elite Beat Agents would be awesome, especially if enhanced for multitouch. Heaven right there. There's already a game that is like that on iOS, ReRave, and it's good, but it doesn't have the charm, humor or style of EBA.

There's a number of excellent rhythm games for iOS, like Groove Coaster and Jukebeat/Jubeat, but a new, enhanced for the platform EBA game would be to die for and I suspect it would prove a lot more profitable for them then it was on the DS (aside from in Japan). Also a Rhythm Heaven game would obviously work very well on iOS. And of course I'm sure they can come up with some great games that are completely new, not just versions of existing games.

But it's moot. There's no way Nintendo will do this. I'd like to be proven wrong, though.
 
[quote name='KingBroly']Why invest in something you don't believe in?[/QUOTE]
For the same reason there are actually people who invest in Monsanto, BP, Bank of America, Philip Morris, and other fine organizations: $$$$$
 
Excellent idea. Devalue IP to the point that it competes with garbage like angry birds and gets lost in the 99 cent shit show. That will definitely make revenue soar.
 
Personally, I think Nintendo will do just fine without having to develop phone games. Once the 3DS gets some good games and picks up after this rocky start, there won't be a need.
 
Screw smartphones... I don't even own one. In fact I just bought my first tablet, and it ain't iOS or Android!

Dedicated gaming systems all the way. Anyone who thinks otherwise is a delusional yuppie.
 
[quote name='Denbo32']What part do you think is a joke? Yes it sad that the future of gaming might not go the direction you want it too. From a stock standpoint, I agree with the bloomberg.

But I personally wouldn't invest in the video game sector, profit margins are too small and the growth isn't there.

I personally wouldn't buy nintendo stock now because I don't believe in the future growth of the company. I don't see profits going much higher here. Much of that has to do with with the flop of the 3DS. From a business standpoint it hard to say the 3DS hasn't been a flop so far.[/QUOTE]

That's what they said about Apple. Apple died down for a few years and came back when they release the Apple Ipod.

Steve Jobs is the man.
 
I think what we all really want to say is that people are morons, and they no longer have any integrity.
 
[quote name='ElektroDragon'] In fact I just bought my first tablet, and it ain't iOS or Android![/QUOTE]

Kindle doesn't count. lol.
 
[quote name='crunchewy']Obviously it depends on the type of game. Trying to port Super Mario World to the iPhone would be a terrible idea - see those horrible Sega ports. Making a new game designed for the platform would be a completely different story. Nintendo is talented enough that surely they could come up with some great stuff. Heck, just making a new Elite Beat Agents would be awesome, especially if enhanced for multitouch. Heaven right there. There's already a game that is like that on iOS, ReRave, and it's good, but it doesn't have the charm, humor or style of EBA.

There's a number of excellent rhythm games for iOS, like Groove Coaster and Jukebeat/Jubeat, but a new, enhanced for the platform EBA game would be to die for and I suspect it would prove a lot more profitable for them then it was on the DS (aside from in Japan). Also a Rhythm Heaven game would obviously work very well on iOS. And of course I'm sure they can come up with some great games that are completely new, not just versions of existing games.

But it's moot. There's no way Nintendo will do this. I'd like to be proven wrong, though.[/QUOTE]
I'd be delighted to see Nintendo develop for iOS. The best iOS games are, IMO, rhythm, puzzle, and neo-retro games, and Nintendo has shown an ability to do these games adequately.

I don't think Nintendo is ready to, though. To truly compete on the app store, they'd have to sell their products at a much lower price than Nintendo is willing to do. And, of course, while they might gain some customers by selling on iOS, they probably would ultimately lose out by encouraging existing customers to expect products from them at a lower price, and to encourage those same customers to buy games on a competitor's platform (even to buy that platform!).
 
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