How Bad Are Things For Nintendo Right Now? This Bad... -
Takashi Amano & Cliff Edwards are full of bad news ahead for Nintendo:
Nintendo Co.’s prospects for meeting its profit and sales forecasts for this year are diminishing after Sony Corp. and Microsoft Corp. each sold more game consoles in 24 hours than the Wii U maker did in nine months.
Not good — especially when you consider:
President Satoru Iwata vowed in October he would meet a forecast for 100 billion yen ($974 million) in full-year operating profit and 9 million units in Wii U sales. Analysts are skeptical, with the average estimate for profit at 57 billion yen and for sales at 6.2 million units.
That’s a huge gap. We’ll see, but it’s definitely not looking good:
Those moves may not be enough to make up lost ground, as the company sold just 460,000 Wii U machines in the six months ended Sept. 30, about 5 percent of its target for the fiscal year. Nintendo reported a net loss of 8 billion yen in the quarter ended Sept. 30, saying Wii U hardware “still has a negative impact on Nintendo’s profits.”
Five percent of the yearly target, six months in. And:
Shares of Nintendo have lost 82 percent of their value since closing at 72,100 yen in November 2007, according to data compiled by Bloomberg.
Yikes. And that’s with the stock gaining 41 percent this year. And:
The Wii U features a tablet-like, 6.2-inch touchscreen controller that lets players connect wirelessly to the console and shift the display between the device and a television. In the nine months from January through September, the company sold 850,000 — fewer than Sony and Microsoft did during the first day their new consoles were released.
Hard to overstate just how awful and embarrassing that is — especially since those consoles don’t seem that great either.
This is turning very ugly very quickly for Nintendo — which is sad, but not shocking.
9 months vs. 24 hours.
Google Testing Huge Banner Ads For Branded Queries -
Search just keeps getting “better”
We are, as a species, addicted to story. Even when the body goes to sleep, the mind stays up all night, telling itself stories. — Jonathan Gottschall, The Storytelling Animal: How Stories Make Us Human
(Source: revnaomiking, via tierradentro)
Bing gets a new logo and modern design to take on Google -
About bloody time, but take on Google? Ha! Yeah Microsoft, just like you “took on” everyone else this decade.
*listens to the door closing behind Ballmer*
I think we can probably do better for consumer names than ‘Nokia Lumia Windows Phone 1020. Yet, because of where both companies are and the independent nature of the businesses, we haven’t been able to shorten that. … Now, we can simplify the overall consumer branding and messaging gets much simpler. That is an efficiency of being one company. —
Steve Ballmer, speaking during a conference call on the Nokia deal this morning.
I mean, he actually said this — while typing on his Microsoft Surface RT with Windows RT featuring Office 2011 Pro Plus with Microsoft Live SkyDrive for Enterprise Workgroups using Azure for the Cloud 2013 Bing Edition 7.43 and a Touch Cover.(via parislemon)
Is this Samsung's Galaxy Gear smartwatch? -
On The Symmetry Between Microsoft And Apple -
In which Paul Krugman reveals he knows little about Apple, Microsoft, Android, YouTube, PCs, Macs, iOS, iTunes, file formats, digital copyright laws, and technology in general.
Exactly what I thought.
BlackBerry open to going private. -
Yahoo is redesigning its logo, but keeping the three worst parts about it.
I preferred my redesign.
Shanghai Then (1987) and Now
(Source: nevver, via fred-wilson)
When you’re young, you look at television and think, There’s a conspiracy. The networks have conspired to dumb us down. But when you get a little older, you realize that’s not true. The networks are in business to give people exactly what they want. That’s a far more depressing thought. Conspiracy is optimistic! You can shoot the bastards! We can have a revolution! But the networks are really in business to give people what they want. It’s the truth. — Steve Jobs (via sisyphean-revolt)
Would you wear Google Glass if it looked like this?
Obviously coming, and exactly what needs to happen.
Surprise drop in iPad sales shows the market for Apple’s tablet has saturated. -
File under “Dumb Headlines.”