Nintendo is doomed again

by Chris V on

Multiple articles around the internet (and beyond!) have been forecasting the demise of Nintendo, something not seen since the days when Matt Casamassina still worked for IGN (which granted, only stopped this year, but pretend it was 2004).

This time, though, it’s totally for real. “This holiday season, Sony and Microsoft are banking on motion-sensor-controlled add-ons to their consoles to change the landscape,” reports The Motley Fool, referencing Microsoft’s Kinect and Sony’s Move controller. A Reuters report confirms the growing number of options available to gamers, which in turn is decreasing Nintendo’s shares of the gaming population. “Users have a growing range of options,” notes Mitsushige Akino, chief fund manager at Ichiyoshi Investment Management Co Ltd. “Within that fragmented market, they are not going to be able to take the kind of share they had before, and margins will be thinner.”

The Dallas Morning News reports a more hostile industry attitude toward Nintendo, including scathing observations by Michael Pachter, an analyst with Wedbush Securities. Pachter believes Nintendo should have released an HD version of the Wii already. “I thought they’d do it in 2009. And they blew it. Waiting until 2011 will be too late,” remarked Pachter. “I just think Nintendo has completely screwed up.”

Nintendo Co., Ltd., was born on September 23, 1889, in Kyoto, Japan. Nintendo was an international corporation best known for its arcade games and then later video games and consoles. Nintendo leaves behind offices located around the world, as well as Mario & Luigi, Shigeru Miyamoto, Link, Donkey Kong, Kirby, Satoru Iwata, Samus Aran, and Reggie Fils-Aime. In lieu of flowers, the mourners request that you send a list of names to Nintendo of America headquarters in Redmond, Washington. Memorial services will be held for Nintendo at 10 a.m. on December 26th, 2010, at the Cathedral of the Holy Cross, 1400 Washington Street, Boston, Massachusetts. An hour following the conclusion of mass, burial services will commence at Forest Hills Cemetery, 95 Forest Hills Avenue, Boston, Massachusetts.