24 replies to this topic

[CLOSED]

Am I the only one that doesn't see this as him saying he may leave? The topic title reads 'Iwata says he may resign' but he doesn't actually say it.

[currysonic]

Satoru Iwata lead Nintendo out of the Gamecube era and into the Wii generation. I think he took the stage in 2002 which was about a 6 year low for Nintendo (NTDOY) shares and was the CEO when Nintendo was most successful in 20008. Now Nintendo Shares are at a 6 year low again. I don't have time to look at demand over time for game consols, but the market place change and peoples tastes change. You start a business thinking you will make money, the market changes and suddendly its not as lucrative as you originall thought it would be. Times change, the 3ds and Wii U might be more competitive than the Wii now, but I just don't think people are that into gaming consols these last couple of years and the consol gaming market is contracting (In my opinion).

I guess what I'm trying to say is, I think the last 2 years thepeople simply don't like the DS and Wii as much. Additionally xbox and sony were very good systems at a low price at the time, even now they are still a good value relative to the Wii U. Perhaps instead of asking how much Satoru Iwata lost as CEO during the last 2 years,we should be looking at how well he minimized loss. Sometimes in the short term its impossible not to operate at a loss. I'm being very general throughout all this, I don't have a business background. I'm sure it has much more layers of complexity, as the real world often does.

I feel very well treated as a Nintendo Customer (except Virtual Consol). Nintendo Direct makes me feel a level of connectivity with Nintendo and makes me feel valued as a Nintendo Customer. I hope they continue on strong in the next 6 years.

Edited by currysonic, 01 February 2013 - 06:35 PM.

[A W Reezy]

Satoru Iwata lead Nintendo out of the Gamecube era and into the Wii generation. I think he took the stage in 2002 which was about a 6 year low for Nintendo (NTDOY) shares and was the CEO when Nintendo was most successful in 20008. Now Nintendo Shares are at a 6 year low again. I don't have time to look at demand over time for game consols, but the market place change and peoples tastes change. You start a business thinking you will make money, the market changes and suddendly its not as lucrative as you originall thought it would be. Times change, the 3ds and Wii U might be more competitive than the Wii now, but I just don't think people are that into gaming consols these last couple of years and the consol gaming market is contracting (In my opinion).

I guess what I'm trying to say is, I think the last 2 years thepeople simply don't like the DS and Wii as much. Additionally xbox and sony were very good systems at a low price at the time, even now they are still a good value relative to the Wii U. Perhaps instead of asking how much Satoru Iwata lost as CEO during the last 2 years,we should be looking at how well he minimized loss. Sometimes in the short term its not possible to operate at a loss. I'm being very general throughout all this, I don't have a business background. I'm sure it has much more layers of complexity, as the real world often does.

I feel very well treated as a Nintendo Customer (except Virtual Consol). Nintendo Direct makes me feel a level of connectivity with Nintendo and makes me feel valued as a Nintendo Customer. I hope they continue on strong in the next 6 years.

Nice post. As you stated, the last two years have been a slump for Nintendo because folks were growing tired and weary of the DS and the Wii. Lack of HD graphics in a time period where almost everyone has converted from a SD television to a 16:9 HD television will hurt a company. However, I think Nintendo will bounce back in the upcoming year with the introduction of the Wii U and the 3DS (XL). I also agree, Nintendo has treated the customer very well over the course of the last few months (keeping us updated on the Wii U, etc...). Customer service goes a long with regardless if the product lacks in anything. I think right now would be a good time to invest in Nintendo.

[Mitch]

Everyone start giving all your money to Nintendo!!! Save Iwata!!! Lets raise 100 billion yen!!!

[Alex Wolfers]

Leaves and joins Sony. hahaha

An honourable thing to do

Sort of like Hara-Kiri