540°

Expecting NX console disappointment, Macquarie cuts Nintendo to Neutral

Running against a general recent bullish tide, Macquarie has downgraded Nintendo (OTCPK:NTDOY) to Neutral, from its previous Outperform rating.

A long-in-the-works revamp to the company's consoles -- the NX, with reveal coming next week -- is liable to come at a price that will result in a "major" disappointment for volume sales, the firm says.

Speculation is putting the price of the new console between $300 and $350, in line with competing consoles, vs. the Wii's former discount to rival boxes from Sony and Microsoft.

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seekingalpha.com
ziggurcat2795d ago

wasn't there an article saying this three weeks ago, that also said it was "next week"?

freshslicepizza2794d ago

When is a good time to officially show it? After PSVR hype downs a bit or after PS4 Pro hype dies down a bit? Or does it matter? Nintendo sure is taking its time to show anything.

mikeslemonade2794d ago

It's gonna dissapoint just like most Nintendo home consoles but you still get it for the handful of exclusives.

+ Show (2) more repliesLast reply 2793d ago
Summons752794d ago

Yeah, since like September 1st. It these rumors keep sounding like the unreliable contractor that was working on my apartment "Oh I can't today but I'll be back next week", "It WILL be done by next week"...months later.

rainslacker2794d ago

Except in this case, you're hearing that line from people who haven't talked to the contractor, and the contractor has no intention of doing the work soon.

pcz2794d ago

even if they announced/revealed the NX today, it would be too late.

E3 2016 was the stage and nintendo blew it

XanderZane2793d ago

I think you're right. I honestly could care less about the reveal. Even if the NX turns out to be good, I wouldn't pick one up until probably a year after the Scorpio launched. So I'm really in no rush for the NX reveal. If any of the rumors turn out to be true, the system will be a disappointment. Only the 1st party and many, many 3rd party games could save it. As long as they continue to support the 3DS, I'll be happy.

+ Show (2) more repliesLast reply 2793d ago
Relientk772795d ago

I want to see this reveal already

NukaCola2794d ago

I'm ready for Nintendo to just get it out there it's all this uncontrolled anxiety for whatever this monstrosity might be can get on with the show already. It may or may not be a disappointment but that's really for a later date to determine

babadivad2794d ago

I don't understand how Nintendo can keep this a secret for so long. NDAs be damned. We knew everything there was to know about the X1 and PS4 before launch. We know everything about the iPhone before it launches. HOW IN THW FUCK DO WE KNOW NOTHING AT ALL ABOUT THE FUCKING NX!!! How is this possible!?!?!?!?!?!?

deafdani2794d ago

There are numerous rumors and it's possible some of them are actual leaks, but it's true we don't know anything for certain regarding NX except the fact that it exists.

It shouldn't surprise anyone, really. Historically, Nintendo has always been the most secretive gaming company out there. Actual leaks regarding Nintendo products are extremely rare compared to leaks from the competition.

jholden32492793d ago

Maybe because it's not launching March, and they know that. Or it is and they're about to reveal any day now.

We knew everything about PS4 and Xbox about 6 months prior, maybe 8. So if they're delaying til Nov 2017 why would they announce in summer or fall of 2016?

You people are too anxious and you have no idea when the console is actually going to come out. It's not like they're going to announce it and release it the day after. Whenever they get around to it I'm sure it will be at least six months before it actually launches

EddieNX 2794d ago

I'll never forgive them for making us all wait so long to see the NX!!!!!! Can't wait to see it let alone buy it.

Scatpants2794d ago

It really is getting annoying. They shouldn't have announced it 17 years ago if they don't want to show it to anyone.

Ninte2794d ago

It's coming just read every article that says it's coming!.

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180°

Is Xbox Going Multi-Platform The Right Decision For The Console Market?

Shahmeer from eXputer: "The new Xbox strategy to go multi-platform could eventually change console gaming as we know it, and I am concerned."

Bathyj4h ago

Can we stop pretending that Xbox has any great influence over the console market?

All they can do is try and steer their own Destiny. They have very little to do with what the other players in the console market are doing.

And yes, going 3rd party is pretty much their only option and is good for them.

RaidenBlack1h ago(Edited 1h ago)

Still whatever little direct competition they're offering against Sony ... that'd be gone, which is never good for consumers.
I know Sony will continue to apease the gamers but without any proper competition in same space, they might not work at the fullest efficiency.
(Taking into account, thats generally been agreed here, that Nintendo has long been not the direct competitor to either MS or Sony)

xHeavYx36m ago

The " without any proper competition in same space, they (Sony) might not work at the fullest efficiency" narrative has been proven false for years. Let's stop pretending that, in terms of games, Xbox has been any competition to Playstation.

fsfsxii11m ago

Sony had 0 competition for most of its playstation business, and they still succeeded, the only thing xbox introduced was paid online and dlc

maniacmayhem6m ago(Edited 6m ago)

Sony had little to no competition during the PS2 era and they have an iconic catalog.

I don't think Sony needs competition in the console space to still release great games. It would be the games that would be competing against each other.

anast3h ago

The show was like a sub-show for Sony. All these games are coming to PS5.

3h ago
outsider16242h ago

You gotta admit though..xbox showcase was actually really great.

RpgSama2h ago

I mean, yes, it was an Activision, Blizzard, Bethesda presentation, they just so happened to buy all of those publishers, nothing we would not have seen on any other award show if they had not bought developers that were and STILL are developing multiplatform games.

If you remove them you are left with Microsoft game studios, another Fable, Another Gears, Perfect Dark which for me didn't look all that great, Avowed, Age of mythology and south of midnight (might be missing something I guess)

anast2h ago(Edited 2h ago)

No better than any other show. There weren't any major new announcements, which is what everyone has been complaining about. The bar shouldn't get lowered for a trillion dollar company.

crazyCoconuts1h ago

"another Fable, another Gears, Perfect Dark"?
That's a lot of pretty great "anothers".
I could use a few of those "anothers" from Sony right now.

helicoptergirl35m ago

Yes it was a really great showcase that Xbox had. Multiplats and all. Overall it was really cool

Terry_B17m ago

for pc and playstation..yes it was. Not a single reason was given to buy an xbox.

+ Show (2) more repliesLast reply 17m ago
thesoftware7301h ago

anast,

"All these games are coming to PS5."

Very disingenuous statement... Some, but not all.

Oh, so that is the new narrative, "sub-show for Sony." lol, wow.

The sad part is that you are clearly and fully aware that it is very unlikely for any 1hr and 30min gaming presentation show to showcase ALL Exclusives, it just doesn't happen.

And don't you think it sad that MS had a better Sony showing than Sony? If I were you, I wouldn't consider that a flex, lol.?

crazyCoconuts1h ago

None of us really know how much they're going third party. They're still ACTING like they want to protect the platform - no mention of PS5 in their show, still marketing the console, still using the Xbox logo.
Yeah Phil acknowledged more is coming to PS5. But is that Indiana Jones? Perfect Dark? Gears?
If they keep those key properties in their stable it's not accurate to label them as simply 3rd party.
They may very well still be in the game after all...

+ Show (1) more replyLast reply 17m ago
Giga_Gaia3h ago

We need to stop pretending like Xbox matters and has any influence in the industry.

By entering the industry, Microsoft made it worst, everything bad in the industry can be tied to them (like paid online and DLCs). The industry would be better off if they had never been in it.

Before you say Sony would have no competition, they would still have PC and Nintendo. As they are right now, Microsoft are not competition, they don't actually matter.

crazyCoconuts1h ago

I think you're mostly right. They've been failing on console and will most likely drop out.
But the concern a lot of us had was that they would use their $ to win monopolistically. They've already bought a huge number of big studios. Going multi-platform would alleviate that concern.
But they could still turn the screws, this game isn't over quite yet... They're sending mixed signals.

CrimsonWing693h ago

I think in Xbox’s direness it is, but let’s not pretend like they don’t understand the value of exclusiveness to their platform. Not every damn Xbox game is coming to PS5 and the stuff that has hit have either been GaaS games or games that didn’t exactly sell gamgbusters and are extremely niche.

When Halo, Gears, Forza, Perfect Dark, Fable, etc. start coming to PS5 then that’s pretty massive and also diminishes any reason to own an Xbox.

LucasRuinedChildhood3h ago

Doom isn't niche. It was heavily implied that all Bethesda games, outside of games with contractual agreements and the existing multiplayer games, would all be exclusive to Xbox.

CrimsonWing691h ago(Edited 1h ago)

Ok, sorry, Doom is the exception.

My point is Xbox is still keeping exclusives for their bigger games. What’s been released are GaaS: Sea of Thieves, Grounded aka Honey I Shrunk the Kids, and then niche stuff like Pentiment and Hi-Fi Rush. Then you got Doom coming out, which is an outlier, I suppose.

crazyCoconuts1h ago

It's not niche but it's not everything.
MS has got a HUGE cache of IP and studios now

Scissorman3h ago

It's the only decision. Hardware sales are on a sharp decline and Game Pass growth has stagnated.

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60°

Blumhouse Gets It: Horror Works Best When Devs Play With Cinematography

The Nerd Stash: “With an exciting spate of six eclectic horror games, Blumhouse is set to knock it out the park with plenty of perspective-shifting terror.”

Read Full Story >>
thenerdstash.com
cthulhucultist18h ago

By far the best announcement in SGF! Although I am biased as horror genre is my favorite.

I am inclined to agree with the article.Lots of cinematic heavy of atmosphere looking games

490°

Xbox Games Showcase Followed by Call of Duty: Black Ops 6 Direct

Xbox writes: "Join us for a double feature on June 9, 10am PT - Xbox Games Showcase immediately followed by Call of Duty: Black Ops 6 Direct.  The Xbox Games Showcase is your look at the new games from Xbox Game Studios, Activision, Blizzard, Bethesda, as well as our partners from around the globe. Immediately following the Showcase, stay tuned for Call of Duty: Black Ops 6 Direct for a special deep-dive into the beloved franchise."

ravens5222h ago

I'm here. Waiting in anticipation to see some games 🤙🏽

GamerRN22h ago(Edited 22h ago)

I'll be honest, if they don't announce some major shit, this could be the nail in the coffin.

If I hear about major 1st party titles going multiplatform, it's over.

They need to build the brand trust right now. A lot of damage has been done.

We need bangers, AND some news about next Gen.

Flawlessmic21h ago

It's just started 4 games in and it's already been a fantastic show.

This is gonna be the best showcase in years

VersusDMC21h ago

New Doom dark ages anounced for PS5 as well...

GamerRN21h ago

So far this is a great show, and mostly all GamePass games? Looks like the bangers are finally coming!

Investments finally paying off.

Now they need new hardware so they can start over

Sonic188121h ago(Edited 21h ago)

So far the best showcase this year

Flawlessmic21h ago

At this rate, best show of the last 2-4 years, been an absolute bangerrrrr so far!!!

Pixykont21h ago

Perfect dark looks incredible

shinoff218319h ago(Edited 19h ago)

Agreed. Way better then what Sony did and has done. Those multiplayer games really fked Sony over for a few years. Xbox showed off some good looking stuff. I'm most interested in state of decay 3.

1Victor15h ago

@obcured:”BEST XBOX SHOWCASE EVER!!!!”
You need at least 10real people to agree in writing with you for anyone here believing you after saying the same thing year over year for the last 10+ years.
Now that I finished watching the show for me personally it was a ok as I don’t play FP games but that’s just me and I can recognize that for people that like FPG it’s a amazing show so ENJOY them.
Another thing and I hope for Microsoft sake they don’t do their next system digital only based on the S sales over the X, I hope they’ll learn the lesson of not making a lower power version just to try to undercut their competitor.
Metal gear 3 looked sweet.
Overall a lot of pretty games CONGRATS to all Xbox gamers this is what you deserve year over year 👍✨

+ Show (2) more repliesLast reply 15h ago
lelo2play20h ago

Great showcase by Microsoft. So many interesting games...

RaidenBlack2h ago

Only thing I missed was Clockwork Revolution...
And what happened to Everwild? Liked the art style.

Lightning7722h ago

Very certain Perfect Dark will show up. fable showing up and 2025 release date.

Unpopular opinion here but INL think Final Fantasy 16 will release on Xbox. I dunno if it'll be on Gamepass but I think it's going to other platforms now.

22h agoReplies(1)
Obscure_Observer22h ago

HERE WE GOOO!!!

Time to see what amazing games Xbox Game Studios has been cooking for us, boys!!!

THE HYPE IS REAL!!!

Sonic188120h ago(Edited 20h ago)

I'm glad Microsoft had a great show. Hopefully this show potentially wakes up Sony and Nintendo. Competition is good for the industry. We don't need publishers and developers to get comfortable and get lazy on us. Keep them thinking and on their toes

cthulhucultist19h ago

well said Sonic. Competition is beneficial for us gamers

Master-Tonberry18h ago

Absolutely agree, many of the games shown are also coming to PS5 (despite MS hiding other platforms from the reveals) but the genuine exclusive all look great. Nintendo will obviously continue to carve it's own path and will be very busy with the Switch 2, but Sony and PlayStation really needs to pull it's socks up and start bringing out the big guns or people are going to start losing faith. Hopefully the rumours of a big PlayStation Experience show later this year are true.

anast3h ago

The main knock on Sony is that there haven't been any major first party announcements. Xbox does a show with no major announcements.

The_Hooligan20h ago

This showcase was great. Not just a great Xbox showcase but in general the best one this year so far.

Kurisu22h ago

I'm tuned in now. I can't say I've ever been big in to Xbox, but I got myself a Series S when it launched. Can't say I've used it much but I'm intrigued to see what's in the pipeline.

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