Miyamoto: "Nintendo Wii U is okay I guess sort of not really" - Page 3

Ecks · 06-25-2011, 08:15 AM

I'm getting the idea that they didn't WANT to put out a new console, and that the shareholders basically pushed them into it. That or NonCon's theory. That makes a whole lot of sense.

Jagos · 06-25-2011, 08:48 AM

Quote:

Originally Posted by EckScizor

I'm getting the idea that they didn't WANT to put out a new console, and that the shareholders basically pushed them into it. That or NonCon's theory. That makes a whole lot of sense.

If we're going with the first theory, why would the shareholders want Nintendo to put out a new console when the Wii was in such a dominant position?

Ecks · 06-25-2011, 11:28 AM

Pressure for updating to an HD format? Iunno, I've never ever seen Nintendo basically go and say "Okay look, we're doing this, but it kinda sucks. Don't buy it." They're usually more of the tone: "This is the greatest thing ever devised, and if you don't buy it, it won't matter, because thousands more will devour it anyway!" and "IT PRINTS MONEY!"

Kim · 06-25-2011, 11:36 AM

EckScizor... no. Just no.

Aerozord · 06-25-2011, 02:12 PM

Quote:

Originally Posted by Jagos

If we're going with the first theory, why would the shareholders want Nintendo to put out a new console when the Wii was in such a dominant position?

my guess, market saturation. Eventually sales will drop simply because just about everyone that wants one has one.

Also possible they are looking to expanding just as sony and microsoft expanded into casual market.

I think thats kind of dumb though. If a gamer could afford a Wii they'd have one and if they cant afford another system well they cant afford another system. Have to wait and see, casual crowd isn't as big on keeping up on latest gaming hardware

Professor Smarmiarty · 06-25-2011, 02:15 PM

This is the exact reason why they would potentially target the "hardcore". Casual market isn't going to be massively fussed about upgrading.

P-Sleazy · 06-25-2011, 06:43 PM

To put the whole "stockholder pressure" theory to rest. The company is HIGHLY leveraged, like many Japanese companies. Interest rates are in Japan are MUCH lower than in the US so it makes it ALOT easier, not to mention cheaper, to fund your company with loans rather than equity. That being said, they only have just over 10 million shares of outstanding stock. Thats not alot. Especially for a company the size of nintendo. THe amount of control stockholders have is minimal in comparison to how much leverage the banks may have, but even then, I don't think they had much.

Aerozord · 06-25-2011, 08:09 PM

that and stock prices fell after announcement of the Wii U, so at the very least they weren't happy about it

Locke cole · 06-25-2011, 09:24 PM

Stock prices drop after any announcement.

P-Sleazy · 06-25-2011, 10:59 PM

keep in mind that the stock price had also been built up based on alot of rumors. So when Nintendo made the official announcement, alot of rumors went "poof" along with any stock increase for the expectations.

06-25-2011, 11:36 AM	#24
Kim adorable Join Date: Sep 2007 Posts: 12,950	EckScizor... no. Just no. __________________ this post is about how to successfully H the Kimmy

06-25-2011, 02:15 PM	#26
Professor Smarmiarty Sent to the cornfield Join Date: Mar 2007 Location: K-space Posts: 9,758	This is the exact reason why they would potentially target the "hardcore". Casual market isn't going to be massively fussed about upgrading. Last edited by Professor Smarmiarty; 06-25-2011 at 02:34 PM.

06-25-2011, 06:43 PM	#27
P-Sleazy Can Summon Sparkles by Posing! Join Date: May 2004 Location: Kinging it up! Posts: 2,339	To put the whole "stockholder pressure" theory to rest. The company is HIGHLY leveraged, like many Japanese companies. Interest rates are in Japan are MUCH lower than in the US so it makes it ALOT easier, not to mention cheaper, to fund your company with loans rather than equity. That being said, they only have just over 10 million shares of outstanding stock. Thats not alot. Especially for a company the size of nintendo. THe amount of control stockholders have is minimal in comparison to how much leverage the banks may have, but even then, I don't think they had much. __________________ The King is your new master now. Totally returning for the Summer: a mafia Game: Sign ups HERE!

06-25-2011, 08:09 PM	#28
Aerozord So we are clear Join Date: Jan 2004 Location: Former murder capital of the world Posts: 13,824	that and stock prices fell after announcement of the Wii U, so at the very least they weren't happy about it __________________ "don't hate me for being a heterosexual white guy disparaging slacktivism, hate me for all those murders I've done."

06-25-2011, 10:59 PM	#30
P-Sleazy Can Summon Sparkles by Posing! Join Date: May 2004 Location: Kinging it up! Posts: 2,339	keep in mind that the stock price had also been built up based on alot of rumors. So when Nintendo made the official announcement, alot of rumors went "poof" along with any stock increase for the expectations. __________________ The King is your new master now. Totally returning for the Summer: a mafia Game: Sign ups HERE!