Nintendo Admits Failure
October 29, 2009 by ghost writer
Nintendo’s Satoru Iwata has officially admitted that the Wii has become somewhat of a failure. In a recent press conference, Iwata said that company’s drop in profits in the six months prior to September 30 should stabilize once the Wii moves more units.
“Wii has stalled…we were unable to continually release strong software, and let the nice mood cool. 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.
“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.
“In order to reach it [20 million units], 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].”
Bad news for Nintendo when one of your big wigs is admitting failure.
Comments
OMG, who ever would of saw it coming, a system that has been out for a few years starts to go down in sales
I think that once you pass the 55 million mark on console sales its pretty safe to say that the system is doing pretty well. I mean of course the sales are going to start to go down, thats what happens after you sell over 55 million! Its like people have never seen the life and death of a system. Here let me help you:
A system is born - years later, sales start to go down - then a new console comes out....
OMG, who ever would of saw it coming, a system that has been out for a few years starts to go down in sales
I think that once you pass the 55 million mark on console sales its pretty safe to say that the system is doing pretty well. I mean of course the sales are going to start to go down, thats what happens after you sell over 55 million! Its like people have never seen the life and death of a system. Here let me help you:
A system is born - years later, sales start to go down - then a new console comes out....
did you actually read what the article said?
it said
and just a fad.
comes and goes.
That being said, there are much better examples of console longevity, lifespans not effected by large blunders, only expanded by the merits of the console itself. Like the Intellivision with 11 years of service, and the NES with 10 years.
I wish I could list the atari 2600, which lasted an amazing 12 years. I believe this is the longest lifespan to date for a console... But this one may be marked up as a blunder as well. During its large run atari did release the 5200 and the 7800, both large failures...
That being said, there are much better examples of console longevity, lifespans not effected by large blunders, only expanded by the merits of the console itself. Like the Intellivision with 11 years of service, and the NES with 10 years.
I wish I could list the atari 2600, which lasted an amazing 12 years. I believe this is the longest lifespan to date for a console... But this one may be marked up as a blunder as well. During its large run atari did release the 5200 and the 7800, both large failures...
And, just for the record, I never stated that this was no addition of failure.
And, just for the record, I never stated that this was no addition of failure.
OMG, who ever would of saw it coming, a system that has been out for a few years starts to go down in sales
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