Alex Wolfers

 

Mergers and Acquisitions Being Considered by Nintendo, Says Iwata

PUBLISHED ON JANUARY 31, 2014, BY JOEL PALERMO 20POSTED IN NEWS,NINTENDO

It has been a rather eventful news week for Nintendo, with talk of licensing its characters to outside partners and discussion of revamping Nintendo Network IDs in the form of a unified account system. Still, the question remains – what are Nintendo’s plans for the future? President Satoru Iwata may have the answer.

In lieu of facing a major pay cut due to this past year’s financial struggles, Iwata has informed Japanese Outlet The Nikkei that Nintendo is not ruling out the possibility of aligning with another company, stating “We should abandon old assumptions about our businesses. We are considering M&As as an option. For this reason, we’ll step up share buybacks.”

Nintendo recently made a $1.2 billion stock buyback, causing shares to rise by 8.2 percent.

When asked about Nintendo’s listing on the stock index, Iwata claimed that a quarterly system does not work well for Nintendo, stating “We don’t know in advance how much of a hit a product can be.” Still, he did admit that the stock market has been responsible for allowing Nintendo to reach its current state.

But it is thanks to the stock market that Nintendo has grown to what it is today. I don’t want to turn to a management buyout just because we are inconvenienced now.

 

Merge with Sega already

source:  http://www.gengame.n...ndo-says-iwata/

This issue of Lame Informer published an article listing the top gaming disapointments and put Wii U numero uno which is pure unicorn tongue. With games like Zelda U and X coming around the corner they will be kissing Nintendo's ass. Just watch. Sales don't measure how good a console is by no means. Should have expected it from a magazine owned by a conglomerate

I saw too many doom articles so here is the facts people.

The Wii U sold about 4 million units in 1 year and if it continues at this rate which is unlikely considering some of the games lined up in 5 more years it will sale this much....

  4 units per year. 

X 5 more years

+ 4 from the last year

= 25 million which almost ties with the Gamecube and we know the Gamecube still kept Nintendo afloat although being sold a s a loss.

Now thats not considering the fact that the libraries appeal will grow with heavy hitters. The heavy hitters planned are....

-Zelda U

-SSB4

-Bayonetta

-Monolith's X

-Shin Megami X Fire Emblem

-Mario Kart 8

And not to mention any new IPs that get announced this year. 

All these games will add to sales.

The main reason 3rd party devs skip Nintendo is that it's currently not profitable. Even Bethesda will confirm this.

How does it get profitable? Games. I think I'm repeating myself

Also please look at the 3DS sales. Nintendo is doing just fine. Don't believe maintream media like Kotaku,IGN, and Gamespot. Go to indie sites.

Discuss....