Satoru Iwata owns up to Wii decline, now going for a rebound

Posted Oct 29, 2009 at 5:05PM by Glenn M. Listed in: Wii Tags: Nintendo, Osaka, price drop, Reuters, Satoru Iwata
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Wii - Image 1 The Wii may be miles ahead of the competition in the total sales race, but for the first time in four years, Nintendo saw a drop in profits from the cash-hauling console. Acknowledging the situation, Satoru Iwata owns up to the decline, looking forward to turning things around.

"Wii has stalled. We were unable to continually release strong software, and let the nice mood cool," said the Nintendo CEO in a presscon in Osaka earlier. "We were unable to show a new game to become 'the next thing.' In the game market, once you've lost the momentum, it takes time to recover."

But it's not yet too late to bounce back into the game. "With the price drop, sales returned to a certain level, but they just did not reach the level of last year around this time. We decided that it would be difficult to sell enough to recover from the poor performance of the first half of the year," Iwata said. It is with that reason that they're setting eyeing a smaller target for the full year - only 20 million units compared to the previous 26 million forecast.

"In order to reach it, we'll have to move quite a large quantity, but it's a figure we released after having felt the momentum returning [based off the price drop]," he pointed out.



They'll need more of these:


Via AndriaSang

 
 
 

Comments [refresh]

by gogeta85 - 2009-10-29 12:56
» yep

This is where "Shovelware" gets you.

by Mister Common Sense - 2009-10-29 13:18
» LOL

I've warned about this trend at nintendo for YEARS. I've even been flamed by ISOHeavy for being critical of ninty's LOW STANDARDS for software quality and emphasis on overpriced hardware sales nintendo was forcing on owners.



ISOHeavy failed big time arguing that lost cause.

by ISOHaven - 2009-10-29 15:11
» WTF!?!?!?!?!

Oh please, you both FAIL. So your argument is that Nintendo has nothing but shovelware?



Yet it took HOW MANY YEARS for sales to drop?



Your argument is worthless and based on NOTHING REAL.

by ShinseiTom - 2009-10-29 16:42
» Agree with ISO

The Wii has plenty of games that aren't shovelware. A while back, I listed about 20 games off the top of my head along with the ones I owned myself. I won't deny that there is a lot, but not everything and there are plenty to play as a gamer.



It took them years to stall.



How many of the dang units have they sold, huh? I wonder.... How about we just say lots more than the 360 or PS3.

by gogeta85 - 2009-10-29 23:47
» uh-huh

Yea cause im sure there is so many great games that im just dying to play,go to hell.

by xInSoMnIaTiCx - 2009-10-30 19:38
» Gogeta. Epic Fail.

Dude. I don't even know if I could call this fanboyism or down right trashing on the Wii. You obviously have nothing to back up on this one because of the fact you probably are so anti-Wii you know nothing about it. ISOHaven is right and was probably completely right before. You're just blocking out the truth with your illusion of what you feel the Wii is. The Wii has great games and is meant for a different demographic then the other consoles. It's also got full-on epic games along with soon the come games like Mario Galaxy, Twilight Princess even though it was originally intended for the Gamecube it lived up even further on the Wii, The Conduit, all of the Resident Evil on-rail shooters, plus much much more to come like Tatsunoko vs Capcom and Monster Hunter 3. If you honestly still believe that the reason the Wii is going down is just shovelware then you've obviously sunk too far into your own ego to know what's really going on. It's four years, that's enough for a system to call it a lifespan already. It can go even further than that and will. PS3 was at the bottom the entire time of the list yet it now reigns supreme for the time being. You're gonna tell me a system that went from the bottom to the top also was taken down by some type of outside source? Wrong. Wii's are everywhere. Sales are going down due to the fact it's already been spread enough. End of rant.

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