zenith16
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And the way Nintendo often functions is just really terrible. If you look at their most recent reports, their profitability is saved by a weaker yen and cost saving measures even though software sales have become stagnant and hardware sales are down. Their products aren't saving them, their massive cash reserves are. This is not a way to run a company. It's time to stop being different and time to conform.
I like that they're different as well. But they're still run horribly. A company that is standing simply because of their massive cash reserves is not a healthy way to run a company. They should be working on finding new ways to expand their profits, not watch sales and revenue decline and pretend that everything is alright.I like that they are different and think the wii u is a great system and way better then the crapy wii ever was but I understand and see what you mean. It is true that if they didn't have such massive cash reserves they would be in much much bigger trouble right now. They have enough money that even if they lost a lot of money for they next like 10 years they wouldn't be bankrupt but still no one likes to lose money no matter how much they have.
While I agree that stock isn't the best indicator of a company's health Nintendo's financial stability is based on their massive cash reserves created by the Wii and Nintendo DS. That really isn't healthy. The point of business is to try and generate consistent profits and find ways to consistently improve sales. Nintendo isn't doing that and their cash cushion and weaker yen can only help so much.No, don't misunderstand, I'm with what you're saying. Nintendo is really a very financially stable company, I would even argue they are more so than Sony as a whole really. I was just saying stocks aren't always the best indication of a company's health per say, since they are always up and down, sometimes radically.
While I agree that stock isn't the best indicator of a company's health Nintendo's financial stability is based on their massive cash reserves created by the Wii and Nintendo DS. That really isn't healthy. The point of business is to try and generate consistent profits and find ways to consistently improve sales. Nintendo isn't doing that and their cash cushion and weaker yen can only help so much.
I honestly have more faith in Sony's current business direction than Nintendo's. Sony has been making the right moves lately with them selling off divisions that just don't work for them anymore (Vaio and Sony Online Entertainment), cutting costs, their games division has become very profitable for them now thanks to the right moves they've made with the PlayStation 4, their financial companies are extremely profitable, image sensors are huge for Sony, and their entertainment divisions have been making the right moves. While there are still things to overcome like trying to fix their ailing electronics division, but everything else is looking rather healthy and at.
I wonder if the NX's launch will kill the Ps4's momentum, if it isn't already slowed down by that point in time.
has there been any indication that this will be the successor to the 3ds?Considering how whatever it is won't launch until 2016 at the earliest, I doubt it. If PS4 loses momentum from now to then, it'll probably just be a natural decline. And if it's a handheld, then it obviously won't matter.
has there been any indication that this will be the successor to the 3ds?
This is true, I guess, but I honestly don't see it as likely. If this ends up as a home console, I doubt we'd see it until 2017 at the earliest then. So, technically, it'd be the first 9th generation so it won't really be a competitor in the direct sense to the PS4.also, just because this is launching in 2016 the earliest, doesn't mean it can't kill the Ps4's momentum. some people argue that part of the reason the Ps4 itself has been flying off the shelves was because consumers were hungry for something new. and when the NX launches, it will be the new, fresh thing for someone to have if they don't already have an 8th gen console.
I see. the 3ds is doing well though. even if it is 2 years older than the wii u, I don't think they'd push for its successor early on - if at the point the hypothetical portable NX releases makes the 3ds's life cycle short, that is. if there hasn't been any indication, at all, my guess then still is that this is their next console.Has there been any indication this is a successor to the Wii U? The answer to both of those questions is no. All we know is that it's a dedicated gaming device and we will know more in "2016". It could be either, but the 3DS is the older of the two by about 2 years, so logically it's the mostly likely to be replaced earlier.
you raise up another topic that I wanted to ask as well - if this is indeed a console, will it be designed to replace the wii u as part of the 8th gen, or will it be the kickstart to the 9th gen?This is true, I guess, but I honestly don't see it as likely. If this ends up as a home console, I doubt we'd see it until 2017 at the earliest then. So, technically, it'd be the first 9th generation so it won't really be a competitor in the direct sense to the PS4.
the gamecube was quite a bit more powerful than the Ps2.Why wouldn't it be a competitor in 2017?
And it's Nintendo, so it will probably be only marginally more powerful than a PS4 if it is a home console.
Why wouldn't it be a competitor in 2017?
And it's Nintendo, so it will probably be only marginally more powerful than a PS4 if it is a home console.
this kind of explains why I didn't really see the wii as direct competition to the Ps3/360. in fact, I'm willing to bet that a large or even vast majority of wii owners also owned one of the other 7th gen consoles.Well, power has little to do with console generations, it's all about timeline. It would be like comparing the PS4 sales to the 360. It's all the same market, but the two aren't considered to be in direct competition in the same way that the PS4 and Xbone would be.