It’s already confirmed that they’re making apps for mobile. Stuff to market their normal games. It’s the gateway drug to mobile, lol. They’ll see the amount of downloads and someone with a brain will start selling something on the platform and they’ll see extra money flow in.
I don’t think investors should pressure them into making mobile games and saying “What? No mobile games? Well fuck your money we’re taking 1.2 million of it!” I think it’s something Nintendo should do to expand their business because they want to. I would also like it if they wanted to make publish games on Steam but I don’t want them to have a gun held to their heads to do so.
LOL @Matriarch’s post, I was just about to write how I ‘read’ that Nintendo has about 8.1 bill in reserves, but she post them losing 1.2 bill in investors haha.
But I was posting to say that I was partially wrong. (Hey I admit when it happens). Nintendo DOES have the capital to shut down the Wii U and move on to new hardware.
However that still won’t fix the issues at hand which are fundamentally - stubbornness and isolation in the most Japanese of ways. They won at one slot machine and refuse to try any other machines despite it going ‘cold’. Until Nintendo wises up a bit (see Matriarch’s post) then it is all for naught.
Not sure if I’m misunderstanding you here, but the article says the software architecture between Nintendo systems will be similar and Iwata cites iOS and android as examples of this.
So it’s not like Nintendo will be creating software on iOS or Android, they’re just trying to move to a similar architecture so it’s easier to put their software on multiple systems.
I have to shrug at that though, because they’ve already been doing that with Gameboy for the past 20 years of so…I know it’s not ‘exact’ and they are talking beyond ‘backwards compatability’, but the Wii WAS a Gameube…ask anyone who does emulation.
It sounds like continual pandering to investors using names and ideas from other successful companies to prop it up, when in reality they still aren’t addressing the crux of the issues. 3rd Party support. Multi-player interaction. Killer Apps (I still don’t know why Penny Arcade’s idea of Dungeon & Dragons on the Wii U hasn’t happened yet…ridiculously free money). Yeah they have some, but they need more. Investors would like to hear something like ‘exclusivity’ of the 2K franchise or head start on all things CoD.
Nintendo doesn’t really have investors at this point, just shareholders. They don’t make any money from the shareholders, they pay them. In fact I believe Nintendo is actually doing a stock buyback right now, so they are not looking to gain capital through share sells at all, but are going the other way on that.
It’s a very bad sign when a company starts selling shares to meet expenses. That’s usually death by dilution and very common in sham businesses that you find on the pink sheets. Nintendo is actually a pink sheet, because for some reason in the US they refuse to comply with exchange regulations and so aren’t listed on NYSE or another exchange like that. They certainly qualify however.
Steve Jobs never cared at all what shareholders thought or what Apple’s PPS was. Most successful companies take the same tact.
Nintendo is better off just going private again, although shareholders have very little input to the runnings of a company, legally a company is supposed to maximize shareholder value. Shareholders can sue in derivative lawsuits if they don’t think they’re getting that value. And while Nintendo, and most companies, would not be liable absent fraud, they are still a nuisance and a cost. If shareholders decided not going the mobile route was a failure to maximize shareholder profits, that is grounds for at least filing a lawsuit. At this point considering the mentality you guys have, and the internet in general, my lawyer hat tells me eventually somebody might try filing that lawsuit. Do any of you jokers have Nintendo stock and want to do that?