Weak US Dollar Means Nintendo Favors Europe For Now

timeOday writes "The LA Times is reporting that the new Nintendo Wii Fit is hard to find on US shelves, due not only to strong demand but also the United States' declining status in the world economy: '"[Nintendo] is also is shrewdly maximizing its profit by sending four times as many units to Europe, reaping the benefits of the strong euro," says Michael Pachter, an analyst with Wedbush Morgan Securities. "The shortage demonstrates one consequence of the weak dollar. We're seeing companies ignore their largest market simply because they can make a greater profit elsewhere."'"

Comments

Re:Oh the humanity

[cayenne8]

Well, this may be a sign of things to come. We no longer manufacture things in the US, basic big stuff like steel, etc. We just depend on buying it cheaper overseas.....however, what if this continues from Wii to other more important things we need in the US? We're fscked if all the industry we shipped overseas stops selling back to us.

On the bright side...well, maybe some of those industries will come back, but, that takes time...and with all the tree huggers over here taking so much power...it still may not happen.

I like a nice clean world too...but, strike a balance guys....if it comes to the US failing, and a couple of spotten owls, I'll feel sorry for the owls, but, I gotta say humans and our needs take priority.

Re:Oh the humanity

[glueball]

Europe abolished slavery first and its citizens generally get more protection where as the US tends to favor business

Germany used slave labor including child labor through 1945 and France and the rest of the chest-thumping Europeans allowed it as long as Germany wouldn't attack. Europeans abolishing slavery before the US is false. Or did you conveniently forget that?

The Soviets used slavery until at least the mid 1960's.

Many in the Muslim world today have slaves. They are called women.

Re:Oh the humanity

[Lost Engineer]

Oh no it couldn't be a natural part of the cycle, never. Must be the end of the US.

Re:Language barriers

[DigiShaman]

but the trick to avoid that problem is to not act like an arrogant prick

It's been my personal experience that it's the European nations that hold the world's most arrogant (and condescending) people. Americans on the other hand hold the world most bombastic. There *is* a difference between being arrogant and bombastic.

Re:Oh the humanity

[cayenne8]

"a slave. But if I look at society more generally, I'd say that Western ideology includes treating women like slaves. For example, my wife is pregnant, and due to give birth in 1 month. She gets 1 year maternity leave, but it's all UNPAID."

And exactly why should a company, in business to MAKE money...subsidize a woman having a baby? It is her choice to have one....and it takes time. This does not help a company's bottom line...why should they pay money for someone to miss a lot of work? Heck if they do this, as a guy...I need something comparable. How about giving me paid leave to take care of something I choose to do.

Look...people, especially women with kids already get built in excuses to leave work all the time...I've seen them leave for 'female problems', they often have to leave to pick up a sick kid or when little Jimmy is out of school. They do not get penalized pay or vacation-wise for these times....yet, as a single guy with no kids...I get no such consideration.

If you want equal pay and all....then expect equal treatment. You work, you get paid. You don't work...you don't get paid...simple as that.

Re:Oh the humanity

[Anonymous Coward]

mod up, except for the crap about nationalized healthcare fixing it.