Oboy, let's see how Kevin predicts the end of console gaming this week.
"The report goes on to point out that Nintendo is facing its first fiscal year loss since the company began reporting profits in 1981 thanks to the slumping sales of the Nintendo DS and the Nintendo Wii console."
Yeah, I'm sure a company that's been doing it right for 30 years doesn't know what they're doing. I guess you just have to trip once for the wolves to catch up with you.
"Beyond 2011, if Nintendo continues to face financial hardship, it may be forced to consider difficult choices such as divesting its hardware business and distributing its content, for the first time, across non-proprietary platforms,"
This shows how clueless these people are. One of Nintendo's greatest assets over the years has been their tight grip on popular licenses. Let's take Pokemon for example. Remember when people called that a fad? It's still going strong today, and Nintendo makes money off of all of it. They own the devs, they own the merchandise division, they get a piece off of every game, spin off, cartoon, card, movie, Tshirt, poster, and Pokemon brand Kleenex. They can sell handhelds off that alone, why would they throw away that leverage and license the games out to other hardware? These talking heads can tell me the doom and gloom of Nintendo in a couple months now that Skyward Sword and the 3D Mario game are out just in time for the holidays.