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NEWS: Nintendo Head Takes 50% Pay Cut, Outlines Smart Device Strategy


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Tomibiki



Joined: 08 Jul 2007
Posts: 821
PostPosted: Thu Jan 30, 2014 1:41 am Reply with quote
Take a break on consoles, get some of that SEGA money.

P.S. screw SEGA.
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Kougeru



Joined: 13 May 2008
Posts: 5344
PostPosted: Thu Jan 30, 2014 2:40 am Reply with quote
I didn't even know it had NFC tech. That's crazy stuff.

So Japanese company head takes 50% Pay cut when they do poor, J.P Morgan CEO 74% RAISE when his company does poor. Best of luck to Nintendo...they still make the most FUN games. I dont care what anyone else...Skyward Sword was the most fun I've had in gaming in over a decade...even 2 years later
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Mr Adventure



Joined: 14 Jul 2008
Posts: 1598
PostPosted: Thu Jan 30, 2014 3:55 am Reply with quote
Quote:
Nintendo also plans to expand its character licensing business and enter into "areas we did not license until now."


Archie Comics. Get on the F-ing phone RIGHT NOW.
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Lann



Joined: 12 Dec 2006
Posts: 233
PostPosted: Thu Jan 30, 2014 5:49 am Reply with quote
Really? Really Nintendo? No Pokemon Bank update in this news update? WTF.
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mgosdin



Joined: 17 Jul 2011
Posts: 1297
Location: Kissimmee, Florida, USA
PostPosted: Thu Jan 30, 2014 6:37 am Reply with quote
This appears to be what would have been expected to happen in response to the failure of the WII U to sell in the market. Not quite a doubling down, but a continued push of the console in combination with a side-bet on smart phone apps.

Is it enough? Well it is a bet. I think it is not bold enough and will not stave off an inevitable move to a more SEGA like model for Nintendo.

Kudos to the managers at Nintendo for being willing to take cuts in salary, though that will not materially impact the business. It is a good symbol that, yes, they do care what happens.

Mark Gosdin
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kakoishii



Joined: 16 Jul 2008
Posts: 739
PostPosted: Thu Jan 30, 2014 7:58 am Reply with quote
Quote:
Nintendo will also release a Nintendo DS virtual console for the Wii U.

Okay, I'm stuck on this bit. What exactly does this mean?
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Banjo



Joined: 13 Dec 2010
Posts: 764
PostPosted: Thu Jan 30, 2014 8:02 am Reply with quote
rest in peace Nintendo Laughing
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Beatdigga



Joined: 26 Oct 2003
Posts: 3220
Location: Here!
PostPosted: Thu Jan 30, 2014 8:08 am Reply with quote
mgosdin wrote:
This appears to be what would have been expected to happen in response to the failure of the WII U to sell in the market. Not quite a doubling down, but a continued push of the console in combination with a side-bet on smart phone apps.

Is it enough? Well it is a bet. I think it is not bold enough and will not stave off an inevitable move to a more SEGA like model for Nintendo.

Kudos to the managers at Nintendo for being willing to take cuts in salary, though that will not materially impact the business. It is a good symbol that, yes, they do care what happens.

Mark Gosdin


This is a calculated risk, but if they go, they go down swinging.

Still, good on N for having fiscal responsibility
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Levitz9



Joined: 06 Feb 2007
Posts: 1022
Location: Puerto Rico
PostPosted: Thu Jan 30, 2014 8:30 am Reply with quote
kakoishii wrote:
Quote:
Nintendo will also release a Nintendo DS virtual console for the Wii U.

Okay, I'm stuck on this bit. What exactly does this mean?


The Wii U will be able to emulate DS games.

My 3DS can already do this, but the world never suffered for having another way to play Knights in the Nightmare.
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#807803



Joined: 30 Jan 2014
Posts: 1
PostPosted: Thu Jan 30, 2014 8:45 am Reply with quote
nintendo you can make bank by releasing:

The World Ends With You 2
New Banjo/Tooie Game
Mario Party
Pokemon Stadium like game
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Tiggyz



Joined: 16 Jan 2014
Posts: 80
PostPosted: Thu Jan 30, 2014 8:48 am Reply with quote
More companies should follow Nintendo and cut half of the CEO's salary instead of laying off workers.
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dan9999



Joined: 25 Oct 2011
Posts: 648
PostPosted: Thu Jan 30, 2014 9:11 am Reply with quote
What, this old fart belives a pay cut for a few months suffice? He should resign and let new blood with new vision take care of the company.
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AiddonValentine



Joined: 07 Aug 2006
Posts: 1866
PostPosted: Thu Jan 30, 2014 10:10 am Reply with quote
dan9999 wrote:
What, this old fart belives a pay cut for a few months suffice? He should resign and let new blood with new vision take care of the company.


Thing is so-called "new blood" tend NOT to actually be as creative or as competent as people with experience. They mostly just make bad decisions
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Nanashrew



Joined: 30 Jan 2014
Posts: 2
PostPosted: Thu Jan 30, 2014 10:10 am Reply with quote
Lann wrote:
Really? Really Nintendo? No Pokemon Bank update in this news update? WTF.


It's a financial briefing. They wouldn't have news like this during a financial briefing.
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blindworm



Joined: 12 Apr 2013
Posts: 52
PostPosted: Thu Jan 30, 2014 10:20 am Reply with quote
they should also work on their advertising. seriously, the reason people think it's a wii accessory and 3rd party developers won't make games for it is because they don't tell anyone about the console or what it can do
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