Nintendo’s Future Uncertain as Hardware Sales Decline

There was once a time where Nintendo seemed untouchable. It was the golden boy of the video game industry, with many beloved well-known pixel protagonists behind its brand. People could look to Nintendo for innovation, something mindblowingly new that would take gaming to the next level.
Lately, Nintendo’s well of luck and innovation seems to be running dry. The Wii, although an overwhelming success at the beginning of its life cycle, is slogging in sales, prompting Nintendo to leapfrog Sony and Microsoft in developing its next-gen console, the Wii U. Just like its name, the new HD console’s design seems uninspired, pumped out for the sole reason of sales. It seems that Nintendo, seeing the 3DS’s failure to sell as a result of lack of third party developers, is bending over backwards to get third party developers on board with the Wii U. Nintendo’s investors seemed dubious about their future, and the E3 Wii U announcement was accompanied by a significant drop in Nintendo’s stock.
The company’s financial future looks gloomy as it is now falling further and further behind Sony and Microsoft. The 3DS is predicted to sell 21 million units less than the original DS by 2015. Its stock, which in 2007 was at a high of 80,000 yen, has now plummeted to 11,850 yen.
Nintendo definitely has a task ahead for itself. Hopefully, the Wii U is enough of a success to bring Nintendo back from this hopefully temporary low-point in its company history.
[Via Yahoo Finance]











