Profit Drop Archive

  • Can we blame Nintendo’s profit drop on the lack of gamer’s games?

    Can we blame Nintendo’s profit drop on the lack of gamer’s games?

    It hasn't been the best couple of months for Nintendo. Profits were down for the six months leading up to September, which the company blames on the strong yen and the Wii's price cut. Net sales, too, were down, some 34.5 percent. Fair enough, and those reasons are likely to explain Nintendo's situation, but is there something else going on? I know Pat Buchanan, the older gentlemen that he is, always uses the phrase “the chickens have come home to roost,” and I think it's applicable here. Perhaps Nintendo's strategy of selling the Wii to the “casual” crowd (housewives and the like, to simplify this) has finally run out of gas?

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