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Analysts, shareholders agree: Nintendo is behind the times |
Listed in: News Tags: analysts, Nintendo, shareholders
Analysts and shareholders feel that Nintendo needs to go the route of smartphones.
"Smartphones are the new battlefield for the gaming industry. Nintendo should try to either buy its way into this platform or develop something totally new." -- Ohki, a fund manager at Tokyo-based Stats Investment Management Co.
"They just don't get it. Sell the stock, because a management once feted for creative out-of-box thinking have just shown how behind the times they are." -- MF Global FXA Securities Ltd.
"Nintendo should aggressively make acquisitions or increase returns to its shareholders. It's management's task to consider how to make use of the cash." -- Ii, president of Tokyo-based Commons Asset Management Inc.
Epic Games even agrees that the iPhone may be the future of gaming.
"So I think that's the real challenge for us now, rather than worrying about the difference between a couple consoles and some order of magnitude, whether 3X or 4X. It's about how do we deal with iPhone 8... if you watch where the gamers are going that's where they are. Your iPhone 8 will probably plug into your TV, or better yet, wirelessly connect to your television set to give you that big screen gaming experience with good sound. So really, what's the point of those next-gen consoles? It's a very interesting situation to be looking at. That's what we're starting to think about more... not how do we scale from some Nintendo platform to some other future console," Mike Capps had said.
via Bloomberg
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Comments
Because a stupid smartphone cannot replicate big games that I enjoy.
Screw smartphone games.
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It doesn't matter if you did something extremely awesome last generation, you need to constantly be getting better. You can't just say you're doing good if you're ignoring current figures and looking at the past. Sorry.
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With 150 million consoles still in circulation and with the 3DS being able to play DS GAMES and with devs still creating DS games....you might want to think about that one for a little bit longer and see what you come up with.
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Although, to be fair...touch based ONLY games on the DS systems would also work on touch devices. I would love me some Professor Layton on my big ass iPad!!!!
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These iphone 'gamers' aren't 'gamers' - their bored people who saw angry birds at the top of the app store list for .99 and said 'screw it - why not?'. Their impulse buyers. These people aren't going to be gobbling up apps in 5-10 years as they get older and their focus shifts from killing time to filling time with productivity. The next wave of impulse buyers are going to see these apps as generic 'old news' clips. Not to mention the leaps and bounds console and pc devs are going to make in that time... so yah, right, apple will take over the overall gaming market in 1.5 years (probably when the iphone 8 will be out XD)
If anything, these investors should cash out before it becomes evident that apple is starting to peak and their late to the moneyshowerpart y.
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