The DS prompted a jump in Nintendo shares overnight
After Nintendo had revealed their projected profits for the coming year and announced shipping targets for their DS portable, share values jumped up by 4.5 % this morning. The optimistic outlook, afforded by Yoshihiro Mori (Senior Managing Director) has been further consolidated by the confirmation that Nintendo will be showing its next-generation console, tentatively dubbed Nintendo Revolution, at the E3 Expo in Los Angeles next spring.
Obviously, the battle for dominance of the next console generation is yet to truly begin, but Nintendo seem confidently poised to see off the challenge from Sony and Microsoft. Considering that there had been speculation surrounding Nintendo’s ability to compete in the new marketplace, with some observers suggesting that delays in revealing the new technology would be the sounding of the knell for Nintendo’s next console, the future now looks bright for the Japanese industry stalwarts.
If the public do buy into the DS concept, and if the next Nintendo console is as ‘revolutionary’ as promised, with financial investors reacting accordingly, then the big N could be back in its original role - pioneering the videogame industry. Stay tuned!
Obviously, the battle for dominance of the next console generation is yet to truly begin, but Nintendo seem confidently poised to see off the challenge from Sony and Microsoft. Considering that there had been speculation surrounding Nintendo’s ability to compete in the new marketplace, with some observers suggesting that delays in revealing the new technology would be the sounding of the knell for Nintendo’s next console, the future now looks bright for the Japanese industry stalwarts.
If the public do buy into the DS concept, and if the next Nintendo console is as ‘revolutionary’ as promised, with financial investors reacting accordingly, then the big N could be back in its original role - pioneering the videogame industry. Stay tuned!
Companies:
Nintendo
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Comments
schnide 28 May 2004 09:36
1/4
I've said it before and I'll say it again - I am not convinced that Nintendo knows what to do to regain it's former glory in the gaming market.
We've had the promises before to work more closely with third party developers, take more notice of Europe.. and what do we have with the Gamecube? Mostly first-party titles and Animal Crossing only just coming out here to give two examples.
My faith in Nintendo has been used up and I'll now wait to see results before I buy another console from them.
We've had the promises before to work more closely with third party developers, take more notice of Europe.. and what do we have with the Gamecube? Mostly first-party titles and Animal Crossing only just coming out here to give two examples.
My faith in Nintendo has been used up and I'll now wait to see results before I buy another console from them.
Joji 28 May 2004 10:04
2/4
Well I know some won't be convinced, but that's the way of the world. I underestimated Sony and MS. They have proved me wrong and I will quite happily eat humble pie. For me to underestimate Nintendo would be wrong. I'll give them the chance just like anyone else. The DS sound interesting enough already, so I wanna see what else they have up there sleeve.
Because we can't really imagine what route they might take, waiting can be frustrating but worth it.
I'm also interested to see what route Sony and MS take with their third and second machines. I don't see anyone doubting them at all. Try to keep an open mind. The past mistakes we can rattle about forever, but we have to keep looking to the future.
Because we can't really imagine what route they might take, waiting can be frustrating but worth it.
I'm also interested to see what route Sony and MS take with their third and second machines. I don't see anyone doubting them at all. Try to keep an open mind. The past mistakes we can rattle about forever, but we have to keep looking to the future.
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THUNDERLORD 28 May 2004 18:22
3/4
I think that this sounds awesome. Yes, I know that the Gamecube had alot of slip-ups, and connectivity never ruled the world, but I'm pretty sure Nintendo recognises what it did wrong. This new system should be much better than Gamecube, and that's pretty dang awesome.
mrnull 30 May 2004 06:18
4/4
I've said it before, I love that Nintendo can produce their own quality games. This fact has obviously gone to their head however:
* They don't encourage 3rd party support - N is notirious for high publishing fees and being non-negotionable with game quality/content; and what'd they ever do with the money they earned from selling RARE? It could have been a great incentive.
* Their Pride Stomps their Innovation - I respect their goal to creat a "games-only" machine with the Gamecube, but DVD playback and further support for online titles would have helped sales. Their early plans for IM capability with the DS is a good step.
* Where's the Value? - N makes some great games, but you have to pay out of your a$$ for them. Their budget title line-up is small and GBA games are far too expensive. I hate to say it, but the possibility of 3rd party support could help them lower the bar for value priced titles to where it needs to be. What's this about DS games pre-ordering at $50? I guess it's a love/hate relationship with cart games.
I hope from the gamecube's less-than-stellar sells they'll right a few of these wrongs with their next system. We'll see though... It may take the losses SEGA incurred before they finally become innovative in more than gameplay.
* They don't encourage 3rd party support - N is notirious for high publishing fees and being non-negotionable with game quality/content; and what'd they ever do with the money they earned from selling RARE? It could have been a great incentive.
* Their Pride Stomps their Innovation - I respect their goal to creat a "games-only" machine with the Gamecube, but DVD playback and further support for online titles would have helped sales. Their early plans for IM capability with the DS is a good step.
* Where's the Value? - N makes some great games, but you have to pay out of your a$$ for them. Their budget title line-up is small and GBA games are far too expensive. I hate to say it, but the possibility of 3rd party support could help them lower the bar for value priced titles to where it needs to be. What's this about DS games pre-ordering at $50? I guess it's a love/hate relationship with cart games.
I hope from the gamecube's less-than-stellar sells they'll right a few of these wrongs with their next system. We'll see though... It may take the losses SEGA incurred before they finally become innovative in more than gameplay.