Nintendo stock downgraded on fears of slowing system demand
Despite Gamestop's recent assurances that the Wii will be hard to find for at least six more months, some think that the system's sales figures are about to peak. Exhibit one: KBC Securities Japan, which recently downgraded Nintendo's stock from a "buy" to a "hold" recommendation because of worries that Wii and DS sales will slow after "explosive growth" in the last year.The KBC report, which also includes a 30 percent cut in its 12-month price estimate for Nintendo stock, is also based on worries that the Japanese company will see its revenues continue to suffer as a result of the weakening American dollar. KBC's outlook stands in stark contrast to Nintendo's own bullish profit estimates over the last year of surging sales. Since everyone seems to be making predictions, we're going to go out on a limb and say that Nintendo's stock will plummet when contact with an alien race quickly erases all human want and destroys the international economic system as we know it. Hey, it could happen ...
Reader Comments (Page 1 of 2)
Nick the Hero of Canton @ Mar 20th 2008 8:38PM
If Reggie isn't being an ass, stocks will soar again around E3
Fernando Rocker @ Mar 20th 2008 8:39PM
Yeah, right... they just sell thousands of consoles and SSBB copies last week...
And if the sales slow, they can do that thing that the others (PS3 and 360) have done... a price cut...
And then different colors (like the others too)
... and then bundles (like the ones in the other systems too, you know, to try and sell more consoles giving away free movies and $60 games)
Nintendo still have a lot of cards to play.
tmacairjordan87 @ Mar 20th 2008 8:44PM
does making an actual new IP one of those cards?
tmacairjordan87 @ Mar 20th 2008 8:45PM
count as*
Fernando Rocker @ Mar 20th 2008 8:47PM
Why make a new IP? What's the point of taking a game and change the characters, like every generic shooter?
Besides... Nintendo has created more new IP's than Sony.
giantenemycrab @ Mar 20th 2008 8:55PM
"Why make a new IP? What's the point of taking a game and change the characters, like every generic shooter?"
Yikes, if video games devs have the same mentality as you, Fernando, the video game industry would eventually grind to a hault..
John McPoop @ Mar 20th 2008 8:56PM
@Fernando
"Besides... Nintendo has created more new IP's than Sony."
This has nothing to do with Sony so what's your point???? Sony has released a lot of new IP's on the PS3 platform. Off the top of my head I can think of Lair, Uncharted, Heavenly Sword and Resistance. In fact these were some of the top games on the platform during its first year. Obviously this year a lot of releases will be rehashes but all highly anticipated. There are also some good exclusive new IP's like Haze, Afrika, White Knight Chronicles and Heavy Rain. Also, LA Noire could still be an exclusive although I question this after the latest rumor was posted.
Anyway.....
I think that Nintendo's biggest problem is going to be the rest of the year after Mario Kart in terms of exclusives. From what I have seen they don't have any new or old IP's coming out that look any good. Samba De Amigo and the Wii Music Orchastreal game could be good but other than that the titles are really lacking. I think we could see the stock drop because you can't expect this console shortage to go on for so long and eventually not hurt sales.
Fernando Rocker @ Mar 20th 2008 8:59PM
Thos show how you PS3 fanboys can be very stupid...
So, just because Nintendo has ot announced more titles after Mario Kart... so, that means that thats the last game?
I have read a lot of times: "So, after Mario Kart, is over for Nintendo, they don't have anymore games" Thats the most stupid thing ever...
By your logic, after Final Fantasy XIII there will not be any more PS3 game.
Fernando Rocker @ Mar 20th 2008 9:03PM
Haze? Haze is being published by Ubisoft.
John McPoop @ Mar 20th 2008 9:10PM
@Fernando
Why so quick to pull the fanboy card out of your a$$??? I just made a simple point and you go and get all mad and puffy on me. I own all the consoles and can look at this from an objective point of view. All I was saying is that the big time Wii exclusives that we know of for 2008 are Wii Fit, SSBB and MArio Kart. I even mentioned Samba De Amigo and the Music Orchastra game from Nintendo. DOnt take stuff so personal and go all willy nily calling someone a fanboy when you Sir are the biggest Zealot and fanboy on the entire site. From the list I have seen comparing the Wii's exclusive lineup in 2008 and the 360 & PS3 the Wii does not appear to have as many good exclusives. So it could be a simple fact of the games not being announced or it could be that they plan for a big 2009. I have no idea. You need to learn not to take things to hear and have an adult discussion on the matter.
Seriously everyone has their favorite games and I think just like you love SSBB and MArio Kart other love FF & MGS just as much or Ninja Gaiden and Gears Of War. You have to be such a snotty brat about and pull the famboy card out of your a$$. Grow Up. Your the one who mentioned Sony anyway in a Nintendo post because you have such contempt in your heart.
I have also ranted and called people fanboys when I shouldn't have. I am just going to chalk your comments up to wearing your heart on your sleeve and give you the benefit of the doubt.
As per your claim on new IP's I gave you 4 off the top of my head that released on the PS3 last year. Tell me all the Nintendo IP's that were in such larger numbers than the PS3 last year. Because I am dying to hear them. Let Me guess your going to call Donkey Kong Barrell Blast, Galaxy and the scuba diving games, am I right?
John McPoop @ Mar 20th 2008 9:12PM
@Fernando
Haze???
Well i said off the top of my head didn't I?
Anyway I said exclusive new IP's... So crucify me for getting one technically wrong
tmacairjordan87 @ Mar 20th 2008 9:37PM
"Thos show how you PS3 fanboys can be very stupid"
this coming from the same guy who just tried to defend nintendo by saying why make new IPs? I guess some people really are happy playing the same thing for 20 years.
and no there will be more games after mario kart. There will be another animal crossing, another star fox, another f-zero, another donkey kong, another kirby. Then we get to the next console where there will be ANOTHER mario, ANOTHER zelda, and ANOTHER ssb.
In between these titles will be mountains and mountains of shit titles. Seriously this has been going on for years now how can some of you not get this by now?
bm @ Mar 20th 2008 10:20PM
"Yikes, if video games devs have the same mentality as you, Fernando, the video game industry would eventually grind to a hault.."
Yeah you guys, because true innovation comes through a different graphic for your guy in your same-ass shooter!
There are fantards who would call Mario Kart a rehash of Mario Galaxy because the character is the same. These people need to be fed to wild animals.
Besides, Fernando already said it. Let's face it, fantards, the sheer amount of content in Smash Brothers is objective proof of how many different franchises Nintendo has created. Just because they're not making a new one every week doesn't mean you should start puking all over the internet about it.
Roto13 @ Mar 20th 2008 10:49PM
Wii Sports, Wii Play, Wii Fit, and Wii Music don't count as new IPs?
Neowyrm @ Mar 21st 2008 12:08AM
I thoroughly enjoy waiting on the new Zeldas and the new Metroids. New marios, yes, but to a lesser degree (only the 3D platformers, thanks.). It is my personal opinion that these are the only 3 franchises that Nintendo, nay, anyone can get away with repeating this many times.
samfish (Brawl: 2793 0291 2277) @ Mar 20th 2008 8:43PM
They're crazy. Wii Fit alone should propel the Wii through the holidays and into next year, especially with it being flanked by Smash Bros and Mario Kart.
Fernando Rocker @ Mar 20th 2008 8:45PM
Don't forget about WiiWare launch in May, and the secret game that Reggie mentioned...
Ad the game from Monolith Soft... and the game from Factor 5... and don't forget about the sales that Final Fantasy Crystal Bearers will boost in Japan.
And still a lot of Nintendo franchises to be released.
John McPoop @ Mar 20th 2008 9:01PM
Well even so I do not think Wii fit will have any staying power and will suffer a similar fate as Time Crisis 3's Gun Con adapter. Your basicaly paying a lot of money for a periphial that can only be used (to this point) for one game. When you really look at it SSBB, Mario Kart and Wii fit are the only must have (somewhat must have in Wii fits case) exclusives for 2008. It all looks good now but I don't think that Wii Fit will have the same legs as Mario Kart and SSBB. I could be wrong of course.
Vince UK @ Mar 20th 2008 9:13PM
Dear Fernando
The Wii has had it's day, it will be remembered for it's marketing and a few good games.
It's time to let go mate.
giantenemycrab @ Mar 20th 2008 9:14PM
The Nintendo fanboy force has arrived!
Vince UK @ Mar 20th 2008 9:16PM
Arrived? They live here.
Fernando Rocker @ Mar 20th 2008 9:17PM
lol... you guys are acting like the Wii suddenly stop selling just because this thread.
really... poor guys.
samfish (Brawl: 2793 0291 2277) @ Mar 20th 2008 9:19PM
Wow, I get minused for stating the obvious, now?
Kinda sad...
Vince UK @ Mar 20th 2008 9:25PM
Goons like you and Fernando should get "minused" for stating anything.
samfish (Brawl: 2793 0291 2277) @ Mar 20th 2008 9:32PM
Way to be a jerk, chief.
kevinski @ Mar 20th 2008 9:37PM
Wii Fit? Please tell me you're joking. Honestly, I can see Wii eventually slowing down in sales, but not really any time soon. The demand on it is still pretty insane, although it's likely due to everyone who scoops up every last Wii in sight in hopes of selling them for $400-500 still. Hardly any worthwhile third-party games get the appropriate levels of attention, as Nintendo fanboys only buy games that're made by Nintendo. It's actually pretty sad.
Honestly, while I own a Wii, I'd be much happier if it hadn't caught on so well with the mainstream. I have a feeling that the games would be better as a whole.
bm @ Mar 20th 2008 10:21PM
lol
"Vince UK": confirmed underage.
GTFO my interweb.
mr nimblewick @ Mar 20th 2008 10:30PM
"Your basicaly paying a lot of money for a periphial that can only be used (to this point) for one game"
Namco has already made a skiing game that uses the board.
Anni (Smash FC: 0946-1930-4929) @ Mar 20th 2008 11:45PM
Everyone who downvoted Samfish's Wiifit prediction,
I absolutely guarantee you you will be surprised. Damn, you guys live in an echo chamber sometimes. The casuals will eat that up like you will not believe. See also: Japan.
mr mobius @ Mar 21st 2008 12:31AM
Wow. The PSFanboys are really out enmass tonight. Getting pissy in your high chair are we now? This weekend the Wii will still be higher than the PS3 and XBox 360 in Japan when it's posted on Joystiq. Same will apply in America and Europe as well actually.
I have to agree with Samfish and Fernando. The Wii is far from dead. It is still sold out in many places and no, not because Nintendo is 'restricting stock to make it seem like there is a demand.'
There will be many games to come out after Mario Kart Wii, and they'll not be absolute crap. If I was a PS3 fanboy I'd not go about bragging about Lair after the amount of shit has been written about it in reviews and such. I'd also not go bitching about the same games over and over. Ratchet and Clank, Tony Hawk, Colin McRae, Spyro, Crash Bandicoot (rip off of Mario btw) etc have had numerous games, and each the damn same (except the Crash karting games which ripped off Mario Kart immensely).
It's okay fanboys, you had your time 2 generations ago, now just let the tears flow and get over it you little whiny bitches.
mr mobius @ Mar 21st 2008 12:33AM
'Your basicaly paying a lot of money for a periphial that can only be used (to this point) for one game. '
This is any different than Rock Band how?
Actually as already said its different because there will be more than one game using the Wii Fit balance board...
i_hate_mtv @ Mar 21st 2008 7:22AM
Agreed with Anni. I can already see Wii Fit being used on the Today Show and all that jazz.
Most basement dwelling gaming nerds won't like it of course, but that's the truth.
Mr Khan @ Mar 21st 2008 3:34PM
@ Samfish
For want of a less "urban" term, they're just hatin'.
Part of the resentment that something they don't like is selling...
Gavin @ Mar 20th 2008 8:54PM
People who actually want Next-Gen titles have downgraded the Wii from "Hold" to "Sell, Sell, Sell!!!". People who like ports and minigames have rated it as "Buy".
Kujel @ Mar 20th 2008 9:06PM
I expected this sooner or later (sooner then then later I might add), a system that mostly women and cheap parents buy doesn't bowed well in this industry. Most women over 24 don't really play games and kids who's parents bought them a Wii for Christmas want fun games and not that mini game shit. BTW Wii Fit will phail horribly, no one with disposable income will waste money on that shit, well no one who doesn't take it in the ass.
mr nimblewick @ Mar 20th 2008 10:26PM
Bowed?
Roto13 @ Mar 20th 2008 10:52PM
Congratulations. You have just won the prize for most ignorant comment of the year.
Shagittarius @ Mar 21st 2008 12:07AM
He rests his cast.
Neowyrm @ Mar 21st 2008 12:10AM
Roto13, I don't think he understands our language. Best translate as such:
ACHIEVEMENT UNLOCKED
Most ignorant comment
Blazur @ Mar 20th 2008 9:28PM
Honestly, now that SSBB is out I have nothing to look forward to with my Wii. It was that game, along with Mario Galaxy, which was making me hold onto the console and not reselling it. And while SSBB is a great game I'm already growing bored with it because of it's craptacular online system.
Brian @ Mar 20th 2008 9:32PM
What, people are starting to realize that Nintendo just re-released the gamecube a gimmicky control option that is already being ignored?
Marry me Mario PSN: Killjebus @ Mar 20th 2008 9:55PM
Fads sell like KayRazy for about 2 years....and then the bottom falls out like Dubya's intelligence level. Oh wait...bad analogy, Dubya never had any intelligence to speak of.
Fernandos...er I mean Client #9
It is becoming more and more obvious that you and you fellow fanboys are becoming more and more desperate everyday.
The PS3 will WIN this generation. When this generation comes to a close...the PS3 will have by far the most diverse gaming library and the best games.
It is unavoidable, you like your Father....are now MINE!!
Neowyrm @ Mar 21st 2008 12:11AM
A Spitzer reference, eh, Killjebus?
mr nimblewick @ Mar 20th 2008 10:19PM
Wow, stupidity really runs high in this thread.
These people aren't saying that the Wii is doomed, their saying the stock has peaked and it isn't a good idea to buy it at this point. People make it sound like they're writing the obit for the system.
And one big reason the stock has peaked? America is lettig its dollar go down the toilet. Amazing.
Gavin @ Mar 20th 2008 10:40PM
No, they are saying that the Wii is the video gaming equivalent of Beanie Babies.
mr nimblewick @ Mar 20th 2008 10:44PM
Oh please. You can't say that anything that sells well is a "beanie baby". By that logic the PS2 was a fad going into its thrid year. And no, they aren't saying that. They're saying they expect sales of the wii to "slow," which yes, sales will slow. They should have slowed a long time ago. This machine will be available in stores at some point...
Anti Fangirl @ Mar 20th 2008 10:30PM
@tmacairjordan87
"and no there will be more games after mario kart. There will be another animal crossing, another star fox, another f-zero, another donkey kong, another kirby. Then we get to the next console where there will be ANOTHER mario, ANOTHER zelda, and ANOTHER ssb."
Well, the same thing can be said about other companies like, Capcom, Konami, SNK and SquareEnix I know they don't release hardware. but they do release software.
Example: Another Rock Man, Another Final Fantasy, Another Metal Gear Solid, Another King of Fighters. The list can go on and on.
So its not only Nintendo, its everyone.
Sidepocket @ Mar 20th 2008 10:34PM
This thread to me just shows how gamers have no fucking idea how the industry works and if they were in charge we would all go to hell.
Actually, they kind of are. These are the same people that keep on wanting the same game packaged over and over again from there beloved Third Parties AKA Copy Machines.
It seems in this industry every time we take one step forward we take 5 steps back and thus are the laughing stocks again for the other entertainment venues for the same two reasons:
1) Greedy ungrateful money grubbing publishers who have no artistic or creative bone in there body.
2) Viewers like you who support these fucks because you are more brain dead then they are.
i_hate_mtv @ Mar 21st 2008 7:27AM
What's this? Logic? In this thread?
No, it can't be!
Co @ Mar 20th 2008 11:09PM
Despite KBC Securities Japan's recent predictions that Nintendo has hit a peak due to worries that Wii and DS sales will slow after "explosive growth" in the last year, some think that the system's sales figures are about to double. Exhibit one: Wii Fit's US debut. Exhibit two: See Exhibit one.
Seriously people, the casual market is about 10 times the size of the "hard core" market, and if Wii Fit is even a 5th of the success that Wii Sports was with that crowd, (not to mention the fanboys that will purchase anything stamped with Nintendo) this generation is close to a done deal for Nintendo. Bet that!