Nintendo Profits Drop As Gamecube Loses Ground

Thanks to several readers for pointing to a Bloomberg Japan report reporting a likely fall in Nintendo's profits, as they lose market share to the Xbox and sell less Gamecubes compared to this time last year. They're still on course for a profit of hundreds of millions of dollars, mind you, but the article does say that "some investors criticized Nintendo for failing to announce any significant plans to boost its game business.. at last week's Electronic Entertainment Expo." Investors also seems worried about increased competition for the Gameboy Advance, in the form of Sony's PSP handheld.

Comments

Fuck you Gamecube!!!

[Anonymous Coward]

I just bought a Gamecube to impress my friends. I must admit that I even used it to play Games!!!

But now nobody will like me anymore because the company that produces them doesn't well with the money. That has an impact on the grade how playable/enjoyable my Gamecube games are. I need to get a life again and switch to the XBox ASAP!!! I just beg to god that this console will bring back my friends and admirers again.. Please, oh Lord Jesus Christ help me to get over this and let me have the money to buy another/better/more respectable video game console system.

Blah, blah, blah

[gergi]

It's a shame that they're only expected to make 1 gazillion dollars this year instead of 1.1 gazillion. I don't think Nintendo is too worried.

I'm going to back to playing my Gamecube and laugh at those that haven't been enlightened and still waste your time on the other two consoles.
Nintendo won my loyalty w/ great games, not great specs (though it has those too).