Good. Reduce the price of the Wii to less (MUCH) then that of a 360.
[GI] Nintendo profits to fall, claims Deutsche Bank analyst
Quote:
http://www.gamesindustry.biz/article...e-bank-analyst
A Deutsche Bank analyst, Satoru Kikuchi, has assigned a sell rating to Nintendo's stock, claiming the company has hit its peak and faces a downwards trend. While he expects Nintendo to report profits this month in excess of guidance, he predicts a decline in profits of 18 per cent the following year, and a further 19 per cent in 2011 "as sales slow". Kikuchi argued that the videogame giant's profits were likely to "peak and decline after growing on the success of the Wii and the DS," adding that earnings could "return to past levels if the company fails to come up with new blockbuster platforms." According to Barrons, Kikuchi also argues that Nintendo needs to bring in new long-selling titles to replace the current roster as it grows stale. The analyst highlighted Japanese sales for both the Wii and DS, which he says have "declined substantially", and although sales in Europe and the US remain "brisk" he warns of an "early fall if content remains unchanged." Kikuchi's target on the stock is JPY 20,000 yen, (USD 204), compared to Nintendo's currently traded price of JPY 28,620 (USD 292), down 4.18 per cent from the opening value of JPY 29,880 (USD 305) per share. |
1 - 9 of 9 Posts
Well, he is arguing more that they need some long lasting software titles to prop up the revenue. The console itself is still selling well, but Nintendo will make more money from the sales of software.
Most people I know were excited to get a Wii, after a month it just sits there...
Although I'm happy that Nintendo has stuck gold, I wish it was with hardcore gamers rather then pulling in soccer moms and casual gamers. I think this trend is going to continue with Sony and Microsoft in their next gen systems. If it does that, then we might see incredibly dumbed down games to fit a wider audience.
I know my 360 is gathering dust ^
The Wii is far too expensive for what it is. Whether it's selling well or not, it's a disgrace. they cost more than a 360, which is a superior product, Wiimote or not. Hell, they sell for $20 less than a PS3, which is superior to both.
The Wii is far too expensive for what it is. Whether it's selling well or not, it's a disgrace. they cost more than a 360, which is a superior product, Wiimote or not. Hell, they sell for $20 less than a PS3, which is superior to both.
1 - 9 of 9 Posts
- This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.
Overclock.net
A forum community dedicated to overclocking enthusiasts and testing the limits of computing. Come join the discussion about computing, builds, collections, displays, models, styles, scales, specifications, reviews, accessories, classifieds, and more!
Full Forum Listing
Explore Our Forums
Top Contributors this Month
View All
HappySheep
361 Replies
GRABibus
209 Replies
Ichirou
201 Replies
Recommended Communities
