http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/ Engadget Comments for http://www.engadget.com/media/feedlogo.gif http://www.engadget.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/May 6th 2010 6:48AMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/
No, I don't know if they're going to pull out another Nintendo Wii-like market-grabbing console, so I'm not about to sit here and make baseless assumptions on the company's future. Instead, I'm just going to say: sit down, shut your mouth and wait and see.]]>May 6th 2010 7:03AMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/
Oh, and Forbes says the same thing, though when I posted my comment I had no knowledge of any negative forecast on them.

Nintendo is expecting tough times to continue. It forecasts sales to fall 2.4 percent to 1.4 trillion yen ($15 billion) for the fiscal year through March 2011 and expects earnings to slide 12.5 percent to 200 billion yen ($2.2 billion).

http://www.forbes.com/feeds/ap/2010/05/06/technology-technology-hardware-amp-equipment-as-japan-earns-nintendo_7580940.html?boxes=financechannelAP


Downranking coming your way, mostly for your attitude but also for projecting ignorance on someone else when you aren't in a position of knowledge. ]]>May 6th 2010 7:08AMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/
Conclusion: standing still isn't how you grow in the gaming industry. Announcing a form of HD Wii (which they have shot down numerous times, but let's not think that is an indication that it will or will not come) will give them a great chance at beating these negative expectations. Anything short of that and they will have to hope for a mega-holiday season. ]]>May 6th 2010 7:14AMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/
Wow, you surely don't know what speculating, discussing and being polite mean. Not to mention your baseless assumption about his assumption.]]>May 6th 2010 7:25AMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/May 6th 2010 7:26AMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/
The other thing is, the reason why Nintendo did SO well is because they did so well. It hit critical mass so early and when parents were out shopping during holidays they nearly always had the Wii in mind, if not the top of the list. Both the ps3 and 360 benefited from Wii supply shortages a few years back. So, since so many families had the Wii, parents thought it was safe for their children and the cool console to have, in addition to being the cheapest. These things are still largely true, but now most parents who think like this have already made that purchase. - Again @ MADMAN market saturation. ]]>May 6th 2010 7:48AMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/
Ugh. You're dating a fanboy? Sounds like she was a huge nerd anyway. No big loss.]]>May 6th 2010 8:46AMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/
Consider yourself saluted.
Disregard females, acquire currency!]]>May 6th 2010 9:23AMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/
As for market saturization, no analyst can predict the size of Nintendo's potential market. Many Wii owners are not gamers. But, it's safe to say that at 70 million sold, the Wii is about 70% of the way there. Each generation, the lead console sells approximately 100 million over a 6 year period.

As for an HD Wii, not only would it be useless since the games are still stuck in 480p, but the price of the current Wii hasn't even nearly reached its inevitable "$99.99" pricing that pushes out the final 30-40 million consoles. Supply for the Wii finally met demand less than a year ago...it's STILL outselling the competition. While Nintendo may "lose profits" they will still be the most profitable of the three. They haven't released a handheld yet that hasn't sold over 100 million, so the 3DS combined with the Wii could possibly keep their profits up.]]>May 6th 2010 11:20AMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/May 6th 2010 12:19PMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/May 6th 2010 5:01PMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/
no need to panic.]]>May 6th 2010 6:49AMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/
"Dont Panic"]]>May 6th 2010 6:56AMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/May 6th 2010 7:02AMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/
Here is the plan...

This year
E3 - Announce 3DS
Fall - 3DS Launch

Next Year
E3 - Announce WiiHD
Fall - WiiHD Launch

Simply look at history to see the trend of console releases. 2011, we are due for a new Nintendo home console.
]]>May 6th 2010 8:36AMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/
Or Wii 3D, whatever bs they can come up with.]]>May 6th 2010 8:39AMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/
1. Update Wii with some minor functionality to create new model
2. Insure new minor functionality can be used to sell new class of game
3. Rework existing titles to include new functionality as new game
4. ???????
5. Profit]]>May 6th 2010 9:53AMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/May 6th 2010 10:45AMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/
Personally I think the WiiHD is a bad idea. I think Nintendo has really screwed up by not utilizing what they have, ergo the Vintage Game market in the Wii store. If they could just get around to cataloging every game for the NES and SNES i would spend my entire earnings there.]]>May 6th 2010 2:39PMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/May 6th 2010 5:06PMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/Or maybe a fake scythe that has a slot to plug it into, like a Guitar Hero guitar.]]>May 6th 2010 7:06AMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/May 6th 2010 8:35AMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/May 6th 2010 9:56AMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/May 6th 2010 7:37AMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/May 6th 2010 7:45AMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/
Sorry. Wii has had its ups and downs, but it is damn fun to play. I have all three consoles and can't get enough Monster Hunter III. There are great games for the Wii.]]>May 6th 2010 8:53AMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/50€ monster hunter tri bundled with black classic controler+ quropecco head = WIN!]]>May 6th 2010 1:47PMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/
Simply put all the devices are already quite old and i don't know what kind of magic they would have needed to do any better. Just waiting how they spend part of the money to new hardware and we see how this goes after that again.]]>May 6th 2010 7:52AMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/May 6th 2010 7:55AMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/acekard
]]>May 6th 2010 8:06AMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/May 6th 2010 8:10AMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/May 6th 2010 5:07PMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/
Riiiight, because Nintendo haven't released about a billion different versions of the GameBoy/DS and each one offering only marginally more advanced technology than the one before it, but just enough to usually warrant a whole new library of games and accessories.
Nope, Nintendo has never done anything like that. Nope. Not at all.

:rolleyes:]]>May 6th 2010 10:42PMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/May 6th 2010 8:14AMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/gaming is cyclical. Nintendo are coming out of a strong cycle and need to reposition. Sony and Microsoft are in the middle of their cycle so look stronger.

Definitely no need to panic.
]]>May 6th 2010 8:22AMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/
And throwing a totomi mat across the room in rage.

Don't worry guys, I'm sure a 3D portable Mario Virtual Boy will save you.]]>May 6th 2010 8:44AMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/
Having said that, I have to admit, the new Mario game looks sick and I hope it sells 20 million copies]]>May 6th 2010 8:48AMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/May 6th 2010 9:00AMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/May 6th 2010 9:10AMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/May 6th 2010 9:17AMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/"income sheet"?

come on, engadget. You hired a tech-loving lawyer, so now hire a tech-loving guy with half a background in finance/accounting.

It's called an Income Statement, and a Balance Sheet.]]>May 6th 2010 9:23AMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/May 6th 2010 9:24AMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/May 6th 2010 9:27AMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/
Hey Engadget! I dig your Photoshop action...]]>May 6th 2010 10:37AMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/May 6th 2010 10:34AMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/
Nearly a decade ago, as the N64 era drew to a particularly quiet close in Japan, Nintendo published Sin & Punishment, a 3D shoot 'em-up developed by Treasure. Despite scarcely making a dent in the Japanese charts and being denied a Western retail release, Sin & Punishment earned an international cult following off the back of its unique gameplay and Treasure's reputation for creating outstanding action experiences. Nintendo has attempted to rekindle this enthusiasm in recent times, first with the worldwide release of the N64 original on Virtual Console, and now a full disc-based sequel for Wii.

Sin & Punishment: Successor of the Skies (as it will officially be known in Europe) utilises the Wii Remote and Nunchuk to make the unwieldy control scheme of the original vastly more fluid and accessible, allowing Treasure to let its imagination run wild as never before and dial up the action to truly mesmerising levels. Complemented by a well-conceived scoring system and online leaderboards that boost replay value, the result is an incredibly intense and surprisingly sizable game that, despite losing some of the unique character of the N64 original, delivers a shoot 'em-up experience unparalleled on Wii and simply impossible on anything else (at least for the time being).
http://pttugas.co.cc]]>May 6th 2010 10:40AMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/May 6th 2010 12:08PMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/May 6th 2010 1:34PMhttp://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/http://www.engadget.com/2010/05/06/nintendo-net-profit-declines-for-first-time-in-six-years-panic/May 6th 2010 1:35PM