Nintendo seems to be going through a rough phase these days, despite of generating roof blasting revenue (and leaving other brands behind) from its gaming consoles, a few years ago. As of now, Nintendo is at the bottom with news about the company everywhere that, it isn’t doing well.
The first shock is the cutback of $80 on the 3DS, which hasn’t really proven to be a success for Nintendo. Although, earlier consoles, like the Wii and DS were blockbuster hits and really gave rival brands a shiver, the scenario for 3DS is the exact opposite. While Sony is ready to release PlayStation Vita at a nominal price, Nintendo had to consider something about it. And the only thing it could think of is to reduce $80 on 3DS, even as it’s hardly been in the market for 6 months. This action is enough to state that something is wrong and Nintendo, very well, understands; so, the gaming giant offered compensation by assuring free games to buyers who paid actual price.
At this rate, Nintendo can wave its profits goodbye. The news is also out that Nintendo is ready to give up profits by 80% for which the 3DS is somewhat responsible. Moreover, Nintendo hasn’t come with interesting games for Wii this season, which could’ve helped with its console sales. Nintendo’s future innovation, the Wii U, has managed to spread some excitement around, but we’ll have to wait for its release. This year there were no title announcements made, only demos for now-isn’t enough to grab investor attention. The Wii U is probably set to launch next summer, but, in the interim, Nintendo needs to get a hold of some good investors, as soon as possible.