November 13, 2003
Nintendo Loses Money
IGN-GameCube: Nintendo Going Back to the Basics
"Early Thursday morning Nintendo confirmed that it had posted a loss for the beginning half of the fiscal year, the first time ever in the company's history..."
"In a meeting with investors and analysts, Nintendo detailed more of its philosophies and business plans in regard to its future in the game industry. And it appears that, despite the growing popularity of complex adult-geared software and rapidly growing numbers in the online arena, the company will "go back to the basics."
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This is so the wrong philosophy, and I feel bad for Nintendo. The gaming industry and the fans have just passed the company buy and it seems like they are falling into a typical trap that their failure to evolve and lead there market means that there is something wrong with the Market and not the way that they are doing business. Nintendo deserves much credit, they have created some awesome fantastically fun games in their time, but they are done. What made Nintendo was their ability to be scrappy and push a new market not dodgy and old fartish about making "back to basic games".
I mean how do you take a cutting edge industry and believe that" back to basics is the answer? It is such a defeatist attitude. They are saying that they cannot compete in todays market so they need to somehow recapture the glory days of old, but they are doing that by looking at nostalgia, not the sound and swift business practices that made them great. For it was not some great polished software designer that brought them to greatness, it was a man who wanted to manufacture coat hangers for kids. Miyamoto-san used the crappy 8bit tools he was given to innovate with and created interesting, and ground-breaking games. It's like saying that the company should go back to making playing cards because thats what where gaming really is, "that was fun", "thats when we made money".
They need to capture adult disposable income, like Sony, and they need to innovate, like dare I say M$. I was always taken back by the glut of thousands of crappy PS1 games on the market for 5$ while the 64 could barely scrape together 100 titles all over 50$. I don;t always want to play great games. Some times I want to play fun games, sometimes I want to pick it up and play it for 10 mins and put it down. I have no personally connection to Mario or any of the brand characters that N wants to hang its hat on, beyond the fact that Mario 64 revolutionized gaming. We live in the Mario 64 era, few games have been made since that break that mold. That game was innovative, it took a classic idea, and took it to the next level, the last thing 64 did was go back to basics.
Basics killed Sunshine, basics will kill Double Dash. To hell with the basics Nintendo, don't fall for it, you have been back to the basics for too long already.


Comments
Hey this is their first loss in thirty years. That is not that bad. I think they are going to be fine.
Posted by: Jake of 8bitjoystick.com | November 18, 2003 10:47 AM
I know, and I don't mean to say I think they are going out of business, they remind me a bit of Apple in the mid-90's when everyone said they were dead, and in the same vein it would have been stupid for Apple to think it needed to back to basics with product or software design. They did reduce the prduct line up, but when full ahead with innovative ideas and pusshed new technology
Posted by: Anthony Ianniciello | November 19, 2003 04:33 PM
It should be "loses" not "looses"
Jeez!
Posted by: Vic | November 24, 2003 01:24 PM
um, thank you sir, I am a terrible writer of course.
Posted by: Anthony | November 24, 2003 01:40 PM
Nintendo rules. I'm not an industry pro but competing against the XBOX and Sony probably didn't help a whole lot this time. Maybe they could have a mario game on a palm pilot or cell phone. Or put a dvd in the form of a Gameboy Advance cartridge. The headphone sound on those little gameboys is amazing. I haven't even palyed N64 or Super NEs but am gonna look into picking one up and hittin the Mario games after the original NES .. a little late??
Posted by: Steve G | December 5, 2003 01:58 PM