Nintendo is one of the “Companies Where Employees Are Losing Hope”

Posted By | On 22nd, Sep. 2011

Investor and financial site 247WallSt compiled a list of eight gaming companies where employees are “losing hope.” Surprisingly, Nintendo was one of those companies.

With Nintendo’s once pre-dominant lead falling in the console sector and the competition from Microsoft and Sony getting stiffer, and handheld products like Android, iPad and iPod eating up a lot of their handheld market share, the site believes Nintendo’s “future is grim.”

They quoted the falling sales of the handhelds and consoles, the falling stocks of the company, and how the 3DS will have sold only 70 million units by 2015… wait, that’s a bad thing?

These days have been pretty murky for Nintendo, admittedly. The 3DS did not have a very successful launch, and if the reports are anything to go by, the Wii U is in development hell. However, with the newfound, crazy boost for the 3DS’ sales, I don’t think their future will be “murky.”

Stay tuned for more info.


Tagged With:

Amazing Articles You Might Want To Check Out!

Share Your Thoughts Below  (Always follow our comments policy!)



Keep On Reading!

PS5 Pro’s PSSR On Par with Nvidia DLSS and Intel XeSS, Says Developer

PS5 Pro’s PSSR On Par with Nvidia DLSS and Intel XeSS, Says Developer

Gergo Horvath, a Graphics Programmer at Gaijin believes that PSSR is not only on par with DLSS and XeSS, but a...

GTA 6 Publisher Explains the Importance of PC: “We Are Selective” About Platforms

GTA 6 Publisher Explains the Importance of PC: “We Are Selective” About Platforms

Take Two's Strauss Zelnick understands the importance of the PC platform, but the company still won't launch a...

Infinity Nikki – Ability Outfits, Curio Domain, and More Detailed in New Overview Trailer

Infinity Nikki – Ability Outfits, Curio Domain, and More Detailed in New Overview Trailer

The free-to-play "cozy" open-world title has reached 30 million pre-registrations before launching on PS5, PC,...

GTA 6 Xbox Series S Performance Concerns Are a Non-issue, Says Take Two CEO

GTA 6 Xbox Series S Performance Concerns Are a Non-issue, Says Take Two CEO

Take-Two chairman and CEO Strauss Zelnick is not worried about any concerns related to Grand Theft Auto 6's pe...

Marvel Rivals – Moon Knight Confirmed, First Trailer Revealed

Marvel Rivals – Moon Knight Confirmed, First Trailer Revealed

Marc Spector joins the battle, wielding the powers of Khonshu to disrupt the battlefield in NetEase's upcoming...

Metal Gear Solid Delta: Snake Eater’s Aim is to Ensure That the “Series Lives on for Future Generations”

Metal Gear Solid Delta: Snake Eater’s Aim is to Ensure That the “Series Lives on for Future Generations”

Metal Gear series producer Noriaki Okamura wants a newer generation of players to embrace the series whilst ma...