Forums · Nintendo's Wii-k Spot!
Sorry for the weird pun, or whatever you'd call it. Here is another small article I found from Gamespot:
[QUOTE]"For the last two years, Nintendo has been the success story of the gaming world with its DS Lite and Wii hardware regularly topping sales charts and quintupling the company's stock value. A growth rate like that is difficult to sustain, and Reuters is reporting this week that the company's financial fortunes are finally starting to slow down.
In the last month, Nintendo shares have lost 8 percent of their value. While the Nikkei average was down as well, it still outperformed the Wii maker by dropping just 5 percent over the same span. While there hasn't been any specific event to spark the sudden drop in Nintendo's stock, Ichiyoshi Investment Management chief fund manager Mitsushige Akino told the news agency that investors are simply no longer surprised by the company's success.
"The difference is market participants have now realized Nintendo's potential, and it is pretty much factored in the share price," Akino said. "Back in 2005, no one could image Nintendo being where it is now."
Another fund manager attributed the slowdown to improving competition and a generally sluggish retail sales season in the US.
"People's perception of the [PlayStation 3] is improving from an underdog to something better, and part of the money that used to flow into Nintendo shares is now going to the Sony stock," said Mizuho Asset Management fund manager Yoshihisa Okamoto. "It would be difficult for Nintendo shares to rise much further from here without such factors as healthy consumer spending in the United States and strong sales of Nintendo products in the Christmas season." " [/QUOTE]
We all knew it was going to happen at some point. The Wii's edge would eventually slow down, and then Microsoft and Sony would come up with ways to conquer it. How long can Nintendo last?
A popular argument for PS3-owners is that there are going to be amazing third-party games coming out in the future, which will dominate the market. Tekken, Metal Gear Solid, Devil May Cry, God Of War, etc... many successful PS2 games coming back to the PS3 in hi-def, next generation goodness. Can it top the Nintendo monolith?
I'm not familiar personally with Xbox 360 support arguments, but seeing how well Halo 3 and Gears Of War did, it definitely has some solid potential. The first Xbox didn't have too many heavy-hitters in the gaming market, but it's definitely staying in the game for a long time. (no pun intended)
What are your thoughts? Any fanboys out there for any system? Opinions are always welcome (and oh...who knows, a slight flame here or there).
[QUOTE]"For the last two years, Nintendo has been the success story of the gaming world with its DS Lite and Wii hardware regularly topping sales charts and quintupling the company's stock value. A growth rate like that is difficult to sustain, and Reuters is reporting this week that the company's financial fortunes are finally starting to slow down.
In the last month, Nintendo shares have lost 8 percent of their value. While the Nikkei average was down as well, it still outperformed the Wii maker by dropping just 5 percent over the same span. While there hasn't been any specific event to spark the sudden drop in Nintendo's stock, Ichiyoshi Investment Management chief fund manager Mitsushige Akino told the news agency that investors are simply no longer surprised by the company's success.
"The difference is market participants have now realized Nintendo's potential, and it is pretty much factored in the share price," Akino said. "Back in 2005, no one could image Nintendo being where it is now."
Another fund manager attributed the slowdown to improving competition and a generally sluggish retail sales season in the US.
"People's perception of the [PlayStation 3] is improving from an underdog to something better, and part of the money that used to flow into Nintendo shares is now going to the Sony stock," said Mizuho Asset Management fund manager Yoshihisa Okamoto. "It would be difficult for Nintendo shares to rise much further from here without such factors as healthy consumer spending in the United States and strong sales of Nintendo products in the Christmas season." " [/QUOTE]
We all knew it was going to happen at some point. The Wii's edge would eventually slow down, and then Microsoft and Sony would come up with ways to conquer it. How long can Nintendo last?
A popular argument for PS3-owners is that there are going to be amazing third-party games coming out in the future, which will dominate the market. Tekken, Metal Gear Solid, Devil May Cry, God Of War, etc... many successful PS2 games coming back to the PS3 in hi-def, next generation goodness. Can it top the Nintendo monolith?
I'm not familiar personally with Xbox 360 support arguments, but seeing how well Halo 3 and Gears Of War did, it definitely has some solid potential. The first Xbox didn't have too many heavy-hitters in the gaming market, but it's definitely staying in the game for a long time. (no pun intended)
What are your thoughts? Any fanboys out there for any system? Opinions are always welcome (and oh...who knows, a slight flame here or there).
[quote author=Wolfus link=topic=33519.msg162109#msg162109 date=1197609658]Any fanboys out there for any system?[/quote]Haha, seriously? No, I'm not a fanboy and I could care less about the wii, 360, PS3, DS, PSP, et all. People should give creative writing a shot, it's free too.
Give you family a nice dose of fiction for Christmas.
Give you family a nice dose of fiction for Christmas.
i defend Nintendo, and i think the Wii is the console for casual gamers, so whenever a good game like SSBB comes out people will buy both the game and console, i got a friend who bought Metroid and a Wii just for the game, and sold it after beating it :P
Casual gamers...
Casual gamers...