Gaming This feels disgusting: Investor hope that Switch fail so Nintendo would put all their effort for Mob

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Full thread title:

This feels disgusting: Investor hope that Switch fail so Nintendo would put all their effort for Mobile

Nintendo recorded 12 billion yen of profit from associate companies, mostly attributed to the hugely popular mobile game Pokémon Go, which has only been around for three months. That is equal to three-quarters of Nintendo’s net income for the previous fiscal year. To the annoyance of investors, Nintendo remains focused on consoles—and in a bad way. It revealed its new Switch console last week, which investors hated. Meanwhile, as the Pokémon Go craze has showed, mobile games are clearly the way forward for the Japanese firm to revive its iconic status in the gaming world. Investors keep hoping such disastrous quarterly results will eventually get management to see that Nintendo’s future is more in mobile than console.

Source. (Wall Street Journal) (Non-paywall link)

 

[Sliter]

come on invetsor, do you guys even like playing games? xp

 

[TehCupcakes]

"Investors" are short-sighted and don't understand the gaming industry and what it's about. Whether or not the Switch is a huge financial success, Nintendo plays a crucial role in the console gaming industry.

 

[xtheman]

Fuck mobile games. They are shitty ad fulled and low quality games. I prefer a handheld if i need portable games

 

[yodamerlin]

This just goes to show that this is make or break for Nintendo.

 

[Iamapirate]

I will not follow Nintendo on their trip to the mobile field, so I hope it doesn't come to that. The best games on mobile were ported from consoles (Grand Theft Auto) and the controls seriously suffered due to the assish nature of complete touch controls, so no thanks.

 

[KingVamp]

Sounds just like the people who claim they like Nintendo, but want them to go bankrupt and go 3rd party.
You would think investors (and those gamers) would want them to succeed no matter what.

 

[zoogie]

Sounds just like the people who claim they like Nintendo, but want them to go bankrupt and go 3rd party.
You would think investors (and those gamers) would want them to succeed no matter what.

The way investors see it, Nintendo is destroying themselves be not going mobile. They could be right you know.

I don't like mobile myself, but I'm old-fashioned and selfish. and i think a lot of you guys are too

 

[dimmidice]

You would think investors (and those gamers) would want them to succeed no matter what.

Nope. I'd expect investors to want to see record profits. Because that's all they care about (generally speaking). Also I can't really trust any of those "sources say" statements articles make.

The way investors see it, Nintendo is destroying themselves be not going mobile. They could be right you know.

Depends how you look at it. Nintendo might make a lot more money going fully mobile. But games wise it'd be disastrous. Mobile is profitable sure, but a very poor example of gaming. I'm honestly terrified that mobile gaming is going to usurp all gaming. Which would suck completely.

 

[jimmyleen]

The investors make me think Nintendo might just be the next...Sega.

 

[Iamapirate]

Investors only care about $$$. Simple as that.

 

[jimmyleen]

Investors only care about $$$. Simple as that.

Nintendo could very well pull a one eighty by firing all of their old investors and get new ones instead.

 

[Iamapirate]

Nintendo could pull a 180 regardless. The last time they had a new president they brought out Wii and DS.

 

[osaka35]

Full thread title:

This feels disgusting: Investor hope that Switch fail so Nintendo would put all their effort for Mobile



Source. (Wall Street Journal) (Non-paywall link)

That's why they're investors rather than managers or thinkers.

 

[KingVamp]

The way investors see it, Nintendo is destroying themselves be not going mobile. They could be right you know.

I don't like mobile myself, but I'm old-fashioned and selfish.

Because wanting them to fail, isn't asking them to be "destroyed".

Nope. I'd expect investors to want to see record profits. Because that's all they care about (generally speaking). Also I can't really trust any of those "sources say" statements articles make.


Depends how you look at it. Nintendo might make a lot more money going fully mobile. But games wise it'd be disastrous. Mobile is profitable sure, but a very poor example of gaming. I'm honestly terrified that mobile gaming is going to usurp all gaming. Which would suck completely.

Ok, but part of getting record profits is for them to succeed. It one thing to said that they think it might fail and another to say they want it to fail. Not to mention, they can do both.

So if true, they are being dumb either way. One for putting all the eggs in one basket and two, not seeing that they can profit from both.

Nintendo could pull a 180 regardless. The last time they had a new president they brought out Wii and DS.

Technically this is still Iwata idea.

 

[dimmidice]

Ok, but part of getting record profits is for them to succeed. It one thing to said that they think it might fail and another to say they want it to fail. Not to mention, they can do both.

Well, no actually. Even if the switch is a huge success its only a fraction of what they could make on the mobile market sadly. it's ridiculous how big the mobile market is. But yeah, they could do both. And they are doing both. But investors are greedy bitches who always want more and more so they want nintendo to cut the less earning branches and focus entirely on the mobile market.
Edit: Look at pokemon GO. huge success for a few months, and it made a BILLION dollars. If not far more. Nintendo investors look at that and go "man why isn't nintendo making that stuff themselves". Mobile market is just too fucking big. You have 50 year olds playing games on their phones, but they'd never buy a handheld (again, generally speaking). Weird how that works huh?


I hope nintendo does continue with handhelds and consoles because that's "real" gaming. Mobile games are shite. a pale imitation to be honest.

 

[zoogie]

Because wanting them to fail, isn't asking them to be "destroyed".


Ok, but part of getting record profits is for them to succeed. It one thing to said that they think it might fail and another to say they want it to fail. Not to mention, they can do both.

So if true, they are being dumb either way. One for putting all the eggs in one basket and two, not seeing that they can profit from both.

The investors don't want Nintendo as a whole to fail, just the part (Switch) that they believe hinders the companies progress.

I mean, what you're claiming makes little sense. An investor of a publicly held company IS A PART OWNER OF SAID COMPANY. Wishing harm on the company is wishing harm on themselves (or their clients - which fund the investors).

 

[RustInPeace]

How come investors aren't fans themselves? Similar to wrestling, when there's a big announcement with WWE, stock could plummet and that's panic mode for them.

 

[KingVamp]

The investors don't want Nintendo as a whole to fail, just the part (Switch) that they believe hinders the companies progress.

I mean, what you're claiming makes little sense. An investor of a publicly held company IS A PART OWNER OF THE SAID COMPANY. Wishing harm on the company is wishing harm on themselves (or their clients - which fund the investors).

Switch is a big part of Nintendo, even if they don't see it that way. They are hoping for a big part of Nintendo to fail, which somehow they think wouldn't effect the company's progress. Funny, because wishing harm on themselves is exactly what they are doing.

 

[dimmidice]

Switch is a big part of Nintendo, even if they don't see it that way. They are hoping for a big part of Nintendo to fail, which somehow they think wouldn't effect the companies progress. Funny, because wishing harm on themselves is exactly what they are doing.

Yes nintendo would make a loss if the switch failed, that's obvious. But these investors want it to fail so that nintendo goes full on into mobile games and (in their mind) make record profits which eclipse the loss the switch caused.