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Could Sub-Prime Sink Nintendo?

Gameplayer's James Cottee looks into how the current sub-prime dilemma will affect the games industry, suggesting that the family focused Nintendo products could cop the fall out.

"In other words, a US recession could kill the Wii."

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gameplayer.com.au
killer_trap6739d ago

i think i read more than enough articles about how the Wii will fail. and i'm positively sure that what ever trend hardware sales will follow for the first 3 months of 2008 it'll keep for the rest of the year. and as far as i know the Wii is still outselling other systems on weekly bases.

what i'm trying to say is that the wii outselling both the 360 and ps3 won't have a drastic effect on any of them. and developers know each hardware's market and wii continue releasing the appropriate game for it.

i don't care if the wii ends up selling 200 million systems. however i do hope ps3 & 360 hit a much larger install base than what they already have so developers can support them with more games.

Tsalagi6739d ago

Not that i'm a Nintendo fanboy or anything but if anyone is going to be affected by the whole subprime mess it will be the higher priced PS3 and 360. The Wii being at $250 and not requiring a new t.v.doesn't have as much to worry about as the other two consoles.

Silver3606739d ago

We switch over to HD broadcast in 2009. So gotta buy a converter or new tv anyway.

Tsalagi6739d ago (Edited 6739d ago )

We switch over to digital, not HD in 2009. A lot of cable and satellite providers are offering a lot more HD channels due to the increase of HD tv's though.

http://hometheater.about.co...

Edit - It's hilarious how someone disagreed with me even though i posted a link backing up what i said.

LanRanger6739d ago (Edited 6739d ago )

Stations are required to broadcast as of 2009 in digital, *not* necessarily HD. It should also be noted that 90% of the US gets their TV via cable or satellite and won't be affected by the transition at all.

For those that get their television over-the-air, $40 coupons (two per household) will be available from the government to apply towards the purchase of converter boxes which are expected to cost from $50-70. The switch to DTV will undoubtedly prompt some people to upgrade their TV, but it's not going to be a major factor.

People that disagree with verifiable facts should be ashamed of themselves.

LanRanger6739d ago (Edited 6739d ago )

Riiiiiight. Financially hard times will hurt the cheapest console with the most room to make price cuts. Game sales for the Wii are "embarrassing," but sales for the PS3--which has sold half as much software--are just fine. NPD data shows an attach rate of 3.86 for the Wii and 4.01 for the PS3, a 4% difference. Even admittedly weak third party sales on the Wii outpace the PS3 by 33%.

This guy is delusional.

SlappingOysters6739d ago

The PS3 and X360 are supported by twenty-somethings, most of whom have no shares, or a house, and an expendable income. Their spending patterns shouldn't be too affected. The Wii however is bought by families, and families as a unit will hit tough times. The article proposes that as families will hit tough times, so will products targeting that demographic... nothing to do with cost.

LanRanger6739d ago (Edited 6739d ago )

Even if a recession magically wiped out ALL US sales (44% of the world total) of the Wii without affecting PS3 or Xbox 360 sales at all the Wii would *still* be outselling the competition worldwide, based on sales since release.

Realistically a recession/mortgage crisis would only have a slightly greater impact on the Wii than other consoles. Using the authors numbers, 4 million households might be affected. There are slightly over 100 million households in the US, so it's a small percentage of the US population anyway. People will disagree with me again, but feel free to check the numbers--I'm not lying.

wiizy6739d ago

clowns...recession would hurt that ps3 and sony the most.... nothing will stop wii from claiming the top...

2Negativecool6739d ago

The logic behind the short blurb I just read just baffles me.
In short, no, for GOD SAKES no, the subprime market will not hurt the Wii. Everything else in electronics will die off before the Wii ever does.
If anything, economic woes should have killed off the HDTV and blu ray/PC/PS3/iphone/(insert other expensive electronics). But their sales have been just fine.

Show all comments (14)
50°

Why the Wii is Such a Nostalgic System in 2026

The Wii is now a retro console. Let’s get nostalgic about an often maligned system.

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downupjourney.com
ActualWhiteMan72d ago (Edited 72d ago )

Crazy to think the WII is to the Switch 2, as the NES was to the WII back then. 20 Year difference.

jznrpg72d ago

My wife asks me to bust it out (heh) everyone once in a while to play bowling and tennis with the kids. There was a ton of slop on it but some good stuff as well.

Smellsforfree72d ago

Wii was great but boy howdy did it cause Microsoft to go on a dark walk with the Kinect and the disastrous XBox One launch that they arguably never recovered from.

Loktai71d ago

Not nostalgic for me.. I was there.. anyone who wasnt a little kid realized it was a gamecube with shit tacked onto it, it was the "joke" system and was well below even the switch in terms of comparing it to the latest machines at the time. The machine was well loved by young people and "casual gamers" who now remember it 20 years on, or in most cases more of its sales came in the 15-20 years ago range not right at launch- but again its not nostalgic for people who were "gamers" then really, just for those who ended up with one in their house, the games , graphics, interface and online features were archaic already in 2006.

40°

Chrono Trigger Form-ism Figures Revealed at Square Enix Pop-Up Store

New Chrono Trigger Form-ism figures of Crono and Marle have been showcased at a Square Enix pop-up store, with pre-orders expected soon.

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twistedvoxel.com
50°

20 Nostalgic Nintendo DS Games That Defined a Generation

The Nintendo DS has some amazing titles available. Here are some of the best nostalgic games that every child of the DS era grew up playing.

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thephrasemaker.com
ZycoFox98d ago

I enjoyed both Rush games, I did think the action was sometimes too fast to see what was coming up in terms of hazards though, which meant replaying the same stage a bunch of times, other than that they were enjoyable, good special stages, 3D sections and bosses for the most part.

Cacabunga96d ago (Edited 96d ago )

DS is one of the best consoles of all time. Such a rich library of software
Zelda were all glorious on it.