torkell: (Default)
Thomas ([personal profile] torkell) wrote2005-07-29 09:48 am
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Console manufacturers: who is making the most money?

So the various game console companies have posted their financies for the past quarter, and they look something like this:

Microsoft (gaming division)... losing tons of money
Sony (gaming division)... losing lots of money
Nintendo (the whole company is a gaming division)... making less money, but still making money


Guess which one the n00bs and fanboys (and slashdot trolls) predict will give up first? I'll give you a hint: it's the one which is currently doing best financially. That's right: Nintendo posts a decline in profits of to around 80%, and everyone thinks they're going under. Nevermind that they're the only console manufacturer actually posting a profit.

Oh, and while I'm at it: the Gamecube is not a kiddie console. Unless, of course, you think that 50-year-olds are incapable of enjoying Super Smash Bros Melee, and Resident Evil 4 is the perfect game for a 5-year-old.


Correction: Nintendo have actually only had a decline of 20%. Their current profits are 80% of the previous quarter or whatever. And apparently now's usually a quiet time for game consoles anyway. So Nintendo are currently doing very well, and are in no danger of going under.

It's amazing how you can twist a whole news report by changing one little word :P

[identity profile] ralesk.livejournal.com 2005-07-29 08:56 am (UTC)(link)
/. = SUCK.

[identity profile] pleaseremove.livejournal.com 2005-07-29 11:56 am (UTC)(link)
I expect they expect Nintendo to go under first is because it the whole company, where as the other two are large enough to pipe money from other divisions if needed. I love Nintendo, I always have. They have always seemed to me to be the only company who had an interest in games, not money. It seems though that they are being priced out of their own market by companies with more clout. tis a shame, tis a great shame.

[identity profile] olego.livejournal.com 2005-07-29 04:29 pm (UTC)(link)
Dude, your icon is the same as someone else no my list. You threw me off there!

[identity profile] olego.livejournal.com 2005-07-29 04:30 pm (UTC)(link)
no = on

[identity profile] olego.livejournal.com 2005-07-29 06:20 pm (UTC)(link)
Hey! >_

[identity profile] nendil.livejournal.com 2005-07-30 01:35 pm (UTC)(link)
May I suggest the Penny Arcade forums, they're quite pro-Nintendo and mostly non-stupid to boot. I've been hearing basically those same arguements from them for ages, though it may be that just now there is recent solid evidence to back it up. It's really quite the handy place to get your Nintendo rants (and news) on, as a matter of fact.

^-- not disgustingly blatant plug

^-- hopeless Nintendo fangirl

[identity profile] frodinia17.livejournal.com 2005-08-03 03:20 pm (UTC)(link)
i love nintendo, its the best, the game cube rules, so does ps2