Nintendo Fan Forum  

Go Back   Nintendo Fan Forum > Nintendo Corner > Gaming News

Notices

Gaming News Gaming News around the world.

Reply
 
Thread Tools
Old 01-31-2013, 03:41 PM   #1
Megas75
A Goddamn Philistine
Points: 23,845, Level: 94
Points: 23,845, Level: 94 Points: 23,845, Level: 94 Points: 23,845, Level: 94
User owns 1x Zero\'s Helmet User owns 3x SNES Controller User owns 1x Megaman\'s Helmet User owns 1x Samus Morphball User owns 1x Triforce User owns 1x Poke Doll User owns 2x Chao
User owns 1x Black Mage User owns 1x Mega Man User owns 1x X-Buster User owns 1x Sub Tank User owns 1x Heart Tank
 
Megas75's Avatar
 
Join Date: May 2009
Location: Santa Destroy
Posts: 4,982

My Mood: Twisted
Thanks: 88
Thanked 28 Times in 28 Posts
Rep Power: 176
Megas75 has a reputation beyond reputeMegas75 has a reputation beyond reputeMegas75 has a reputation beyond reputeMegas75 has a reputation beyond reputeMegas75 has a reputation beyond reputeMegas75 has a reputation beyond reputeMegas75 has a reputation beyond reputeMegas75 has a reputation beyond reputeMegas75 has a reputation beyond reputeMegas75 has a reputation beyond reputeMegas75 has a reputation beyond repute

Friend Codes

Awards Showcase
NFF Old Man Award Monster Poster Profile of the Month Award News Reporter Welcome Wagon Royalty Poster 
Total Awards: 7

WiiU ID: Megas75
Iwata takes responsibility for Wii U Sales, possibility of resignation

Quote:
Iwata Takes Responsibility For Wii U's Waning Momentum
news
by Jeff Marchiafava on January 31, 2013 at 12:57 PM 2,765 Views
46


In an investor relations presentation, Nintendo President Satoru Iwata outlines the problems facing the Wii U, stating he feels "greatly accountable" for the impact the console has had on his company's bottom line.

In the presentation, Iwata states that it takes consumers longer to understand the appeal of the Wii U than it did for the Wii, which has led to slower sales. "...those who purchased [the Wii U], although there are issues to be addressed, have shown a certain degree of satisfaction with our product value, but since its value by nature is something that takes time to appreciate and hence cannot be spread amongst society instantly, we have yet to communicate its value to the wider public."

That lack of communication has led to slower than expected sales, which Iwata takes full responsibility for. "As [Nintendo senior managing director] Yoshihiro Mori has already briefed you on our forecast for this fiscal year, you are aware that we cannot help posting operating losses for two consecutive fiscal years. We feel greatly accountable for this severe outlook."

Iwata goes on to outline his goal for achieving a 100 billion yen operating profit for the next fiscal year; failure to meet that goal may very well lead to Iwata resigning from his position as president of the company.

The full presentation is available at Nintendo's investor relations site.
SOURCE - http://www.gameinformer.com/b/news/a...-momentum.aspx
__________________
Megas75 is online now   Reply With Quote
Sponsored Links
Old 01-31-2013, 03:52 PM   #2
eloratings
Posting freak
Points: 3,692, Level: 38
Points: 3,692, Level: 38 Points: 3,692, Level: 38 Points: 3,692, Level: 38
User owns 1x Nintendo Wii
 
eloratings's Avatar
 
Join Date: Sep 2012
Location: California, USA
Posts: 701

My Mood: Tired
Thanks: 14
Thanked 1 Time in 1 Post
Rep Power: 38
eloratings is a splendid one to beholdeloratings is a splendid one to beholdeloratings is a splendid one to beholdeloratings is a splendid one to beholdeloratings is a splendid one to beholdeloratings is a splendid one to behold

Friend Codes
oh come on, this is only a starting 1st quarter report sales.

It hasn't been a year yet for Wii U.
__________________
eloratings is offline   Reply With Quote
Old 01-31-2013, 03:53 PM   #3
Konata
The NEET Thing To Do
Points: 38,287, Level: 100
Points: 38,287, Level: 100 Points: 38,287, Level: 100 Points: 38,287, Level: 100
User owns 1x Nintendo DS User owns 1x Nintendo Wii Wheel User owns 1x Purple Pikmin User owns 1x White Pikmin User owns 1x Blue Pikmin User owns 1x Yellow Pikmin User owns 1x Red Pikmin
User owns 1x Metroid User owns 1x Triforce User owns 1x Gold Cucoo User owns 1x Samus Morphball User owns 1x Princess Ruto
 
Konata's Avatar
 
Join Date: Dec 2008
Location: Stoke, England
Posts: 7,709

My Mood: Inspired
Thanks: 53
Thanked 96 Times in 67 Posts
Rep Power: 232
Konata has a reputation beyond reputeKonata has a reputation beyond reputeKonata has a reputation beyond reputeKonata has a reputation beyond reputeKonata has a reputation beyond reputeKonata has a reputation beyond reputeKonata has a reputation beyond reputeKonata has a reputation beyond reputeKonata has a reputation beyond reputeKonata has a reputation beyond reputeKonata has a reputation beyond repute

Friend Codes

Awards Showcase
Signature of the Month NFF Referrer Signature of the Month NFF Annual Awards NFF Bachelor Award Member of the Month Level 100 Award NFF Old Man Award 
Total Awards: 13

& 1st quarter sales for the Wii were far better. Business will be business. If you can't meet targets, that's that.
__________________

My little sister can't be this non-existent


Konata is offline   Reply With Quote
Old 01-31-2013, 03:55 PM   #4
eloratings
Posting freak
Points: 3,692, Level: 38
Points: 3,692, Level: 38 Points: 3,692, Level: 38 Points: 3,692, Level: 38
User owns 1x Nintendo Wii
 
eloratings's Avatar
 
Join Date: Sep 2012
Location: California, USA
Posts: 701

My Mood: Tired
Thanks: 14
Thanked 1 Time in 1 Post
Rep Power: 38
eloratings is a splendid one to beholdeloratings is a splendid one to beholdeloratings is a splendid one to beholdeloratings is a splendid one to beholdeloratings is a splendid one to beholdeloratings is a splendid one to behold

Friend Codes
I guess I will buy some Nintendo stocks to jack their price up.
__________________
eloratings is offline   Reply With Quote
Old 01-31-2013, 04:30 PM   #5
Colorful CrAzYoNzZ
Pink Pearl Voice
Points: 7,909, Level: 59
Points: 7,909, Level: 59 Points: 7,909, Level: 59 Points: 7,909, Level: 59
User owns 1x Poke Doll User owns 1x Chao User owns 1x Mr Saturn
 
Colorful CrAzYoNzZ's Avatar
 
Join Date: Sep 2010
Location: Under the sea...
Posts: 1,290

My Mood: In Love
Thanks: 0
Thanked 2 Times in 1 Post
Rep Power: 91
Colorful CrAzYoNzZ has a brilliant futureColorful CrAzYoNzZ has a brilliant futureColorful CrAzYoNzZ has a brilliant futureColorful CrAzYoNzZ has a brilliant futureColorful CrAzYoNzZ has a brilliant futureColorful CrAzYoNzZ has a brilliant futureColorful CrAzYoNzZ has a brilliant futureColorful CrAzYoNzZ has a brilliant futureColorful CrAzYoNzZ has a brilliant futureColorful CrAzYoNzZ has a brilliant futureColorful CrAzYoNzZ has a brilliant future


Awards Showcase
Game Reviewer Review of the Month NFF's 4th Annual Award Royalty Poster Princess Award NFF 3rd Annual Award Review of the Month 
Total Awards: 9

Send a message via MSN to Colorful CrAzYoNzZ Send a message via Skype™ to Colorful CrAzYoNzZ Xbox Live Gamertag: z0mbii baItt
Huh. I thought the Wii U did better than that. I would gladly buy one to help out just a little bit, (and for Wind Waker HD) but my money disagrees to that. ^^;
__________________


If you look everybody here is trying on new faces
And the ones that fit are surprisingly contagious
With a shiny new beginning we cordially invite you to
Into the dressing room.
Colorful CrAzYoNzZ is offline   Reply With Quote
Old 01-31-2013, 04:41 PM   #6
Konata
The NEET Thing To Do
Points: 38,287, Level: 100
Points: 38,287, Level: 100 Points: 38,287, Level: 100 Points: 38,287, Level: 100
User owns 1x Nintendo DS User owns 1x Nintendo Wii Wheel User owns 1x Purple Pikmin User owns 1x White Pikmin User owns 1x Blue Pikmin User owns 1x Yellow Pikmin User owns 1x Red Pikmin
User owns 1x Metroid User owns 1x Triforce User owns 1x Gold Cucoo User owns 1x Samus Morphball User owns 1x Princess Ruto
 
Konata's Avatar
 
Join Date: Dec 2008
Location: Stoke, England
Posts: 7,709

My Mood: Inspired
Thanks: 53
Thanked 96 Times in 67 Posts
Rep Power: 232
Konata has a reputation beyond reputeKonata has a reputation beyond reputeKonata has a reputation beyond reputeKonata has a reputation beyond reputeKonata has a reputation beyond reputeKonata has a reputation beyond reputeKonata has a reputation beyond reputeKonata has a reputation beyond reputeKonata has a reputation beyond reputeKonata has a reputation beyond reputeKonata has a reputation beyond repute

Friend Codes

Awards Showcase
Signature of the Month NFF Referrer Signature of the Month NFF Annual Awards NFF Bachelor Award Member of the Month Level 100 Award NFF Old Man Award 
Total Awards: 13

Buying shares will only help them in the short term. Even if you bought LOADS of shares they'd still have to invest the money wisely enough to hopefully increase Wii U sales, and if they don't then they'll just be even more money down when their expenditure is going towards paying your dividends rather than investing in the development needed to reach that profit budget.

I know you (probably) weren't serious about buying shares but I felt like a small discussion.
__________________

My little sister can't be this non-existent


Konata is offline   Reply With Quote
Old 01-31-2013, 06:48 PM   #7
Masfuko
Out of the world~!!
Points: 1,272, Level: 19
Points: 1,272, Level: 19 Points: 1,272, Level: 19 Points: 1,272, Level: 19
User owns 1x Sapphire User owns 1x Ruby User owns 1x Poke Ball
 
Masfuko's Avatar
 
Join Date: Jan 2013
Location: Independence, Missouri
Posts: 639

My Mood: Innocent
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 48
Masfuko has much to be proud ofMasfuko has much to be proud ofMasfuko has much to be proud ofMasfuko has much to be proud ofMasfuko has much to be proud ofMasfuko has much to be proud ofMasfuko has much to be proud ofMasfuko has much to be proud of

Send a message via Skype™ to Masfuko 3DS Friend Code: doesn't work... PSN ID: eh Xbox Live Gamertag: MaldyBidon WiiU ID: not yet?
I don't see Nintendo falling into another hole again. I'd like to think that Nintendo is wise with their money, but I could be wrong.
Masfuko is offline   Reply With Quote
Old 01-31-2013, 10:00 PM   #8
Cam3ron36@NFF
NHL Fanatic
Points: 31,751, Level: 100
Points: 31,751, Level: 100 Points: 31,751, Level: 100 Points: 31,751, Level: 100
User owns 1x SNES Controller User owns 1x Blue Chaos Emerald User owns 3x Nintendo 64 Controller User owns 1x Blue Pikmin User owns 1x Bullet Bill User owns 1x Yellow Pikmin User owns 1x Fighter
 
Cam3ron36@NFF's Avatar
 
Join Date: Jun 2009
Location: British Columbia, Canada
Posts: 3,987

My Mood: Gaming
Thanks: 0
Thanked 1 Time in 1 Post
Rep Power: 110
Cam3ron36@NFF has much to be proud ofCam3ron36@NFF has much to be proud ofCam3ron36@NFF has much to be proud ofCam3ron36@NFF has much to be proud ofCam3ron36@NFF has much to be proud ofCam3ron36@NFF has much to be proud ofCam3ron36@NFF has much to be proud ofCam3ron36@NFF has much to be proud ofCam3ron36@NFF has much to be proud ofCam3ron36@NFF has much to be proud of


Awards Showcase
Level 100 Award NFF Old Man Award Royalty Monster Poster Review of the Month Review of the Month Poster Game Reviewer 
Total Awards: 8

Send a message via Skype™ to Cam3ron36@NFF Xbox Live Gamertag: cam3ron36
Can't believe that Nintendo's even having a hard time. Ridiculous.
__________________
Cam3ron36@NFF is offline   Reply With Quote
Old 01-31-2013, 11:24 PM   #9
Nintenduendo
Estupidez
Points: 16,499, Level: 82
Points: 16,499, Level: 82 Points: 16,499, Level: 82 Points: 16,499, Level: 82
User owns 1x Mega Man User owns 1x Super Mushroom
 
Nintenduendo's Avatar
 
Join Date: Feb 2011
Location: West Virginia
Posts: 3,602

My Mood: Cold
Thanks: 30
Thanked 38 Times in 24 Posts
Rep Power: 176
Nintenduendo has a reputation beyond reputeNintenduendo has a reputation beyond reputeNintenduendo has a reputation beyond reputeNintenduendo has a reputation beyond reputeNintenduendo has a reputation beyond reputeNintenduendo has a reputation beyond reputeNintenduendo has a reputation beyond reputeNintenduendo has a reputation beyond reputeNintenduendo has a reputation beyond reputeNintenduendo has a reputation beyond reputeNintenduendo has a reputation beyond repute


Awards Showcase
Monster Poster NFF Annual Awards Profile of the Month Award NFF's 4th Annual Award Poster NFF Debater 
Total Awards: 6

Quote:
Originally Posted by Cam3ron36@NFF View Post
Can't believe that Nintendo's even having a hard time. Ridiculous.
That's the economy for you. The Japanese economy, if memory serves, found itself into another recession not too long ago. It's not just effecting Nintendo, either; Sony is taking a hit all across the board, and a harder hit than Nintendo.

I admire Iwata's determination, but if he ever leaves, it will be quite a shock.
__________________

Nintenduendo is offline   Reply With Quote
Old 02-01-2013, 04:51 PM   #10
JemStar
Konata's booty
Points: 5,528, Level: 47
Points: 5,528, Level: 47 Points: 5,528, Level: 47 Points: 5,528, Level: 47
 
JemStar's Avatar
 
Join Date: Nov 2012
Location: Stoke, England
Posts: 980

My Mood: Sleepy
Thanks: 44
Thanked 13 Times in 11 Posts
Rep Power: 61
JemStar has much to be proud ofJemStar has much to be proud ofJemStar has much to be proud ofJemStar has much to be proud ofJemStar has much to be proud ofJemStar has much to be proud ofJemStar has much to be proud ofJemStar has much to be proud ofJemStar has much to be proud ofJemStar has much to be proud of

Send a message via Skype™ to JemStar PSN ID: BlackChilliBean
Quote:
Originally Posted by Konata View Post
& 1st quarter sales for the Wii were far better. Business will be business. If you can't meet targets, that's that.
I had a hard time getting the Wii. Went to so many different places then finally found one in stock somewhere.
__________________



"I collect, not play." - Quinten talking about My Little Pony.
JemStar is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Iwata Turned Down Natal Technology for Wii Tencade Kazarian Gaming News 13 01-29-2010 02:43 PM
Wii sales declining. Konata Gaming News 15 05-09-2009 11:57 AM
Wii Dominates Sales Charts. Konata Gaming News 5 04-19-2009 01:02 PM
PS3 outsells Wii in Japan. Nintendo aim to boost Wii sales. Konata Gaming News 3 04-11-2009 08:22 AM
Wii and Nintendo DS Top October U.S. Sales Wiidude Gaming News 2 11-24-2008 08:07 PM

NFF Youtube Videos NFF Facebook page

All times are GMT -4. The time now is 10:34 AM.


Powered by vBulletin® Version 3.8.3
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Nintendo Blog

Nintendofanforum.com is a Nintendo fansite and is not associated with or endorsed by Nintendo of America, Inc.
All trademarks and images belong to their respective owners.
Nintendo Wii