70°

Apple Could Put the Final Nail in Nintendo’s Coffin

The last six years have been terrible for Nintendo's (NASDAQOTH: NTDOY ) shareholders. After peaking in 2007 with a market cap near $85 billion, Nintendo has steadily collapsed and has now lost over 76% of its value over the last five years.

Unfortunately, this could be the beginning of the end for the once iconic video game company. Apple's (NASDAQ: AAPL ) coming entrance into the video game market, a fairly likely possibility, could signal the end of Nintendo.

MultiConsoleGamer3898d ago (Edited 3898d ago )

Apple would be more of a threat to their traditional rivals like Sony, from whom they stole the portable music market, and Microsoft who has been their enemy since day one.

It's hard for me to take articles like this seriously, and I am someone who welcomes Apple's entry into the video game market.

jaredhart3898d ago

At the moment, Nintendo is on the ropes. Another capable player could hurt them the most because they are in the weakest position.

You do have a point though, Nintendo is still shooting for the kids and traditional fans, which means Apple will probably compete with Sony and Microsoft more directly.

dredgewalker3897d ago

They're doing great with the 3DS and this is not the first time they had trouble with a console. And no Apple still won't be able to compete with Sony nor MS since they don't have the game that real gamers want. They simply cater to casuals only and and that's why they have casuals as their fanbase. No self respecting gamer would consider them a gaming company.

ritsuka6663897d ago

Man, wtf this hate for Nintendo come from?? This is not VERY weird an inordinate amount of hate being projected at Nintendo lately in N4G and internet?

mii-gamer3897d ago

natural order of things! nintendo announces a pricecut some fools assume that nintendo is dying. YAHDAH YAHDAH YAHDAH Apple is GOD and will destroy man kind YAHDAH YAHDAH YAHDAH iOS YAHDAH YAHDAH YAHDAH

This is from the author's bio

"The Motley Fool recommends Apple. The Motley Fool owns shares of Apple and Microsoft." yeh and they expect the readers to take them serious when they admit they are blatantly bias

dredgewalker3897d ago

Yep, the motley fool is indeed a fool. Only a complete fool would heed this fool's opinion. Apple does not have any idea on what it takes to make a console for real gamers. They're better off sticking with the casual crowd.

jaredhart3897d ago

Blantantly biased? The website is an investor's website. The articles are all from an investment point of view so they disclose any stock they may hold. There have been many more negative Microsoft/Xbox one stories than Nintendo stories.

meganick3897d ago

Unfortunately, this is nothing out of the ordinary. Articles like this are all too common on N4G.

stragomccloud3897d ago

The thing is though, Nintendo owns the most popular and profitable IPs in the world, and those IPs will move units. The Wii U is prepping to be just like the 3DS.

Realplaya3897d ago

You know what would be crazy I hope Nintendo does a hand held phone hybrid. Team with android and create a device that attaches a controller like impute device. So what that would do is put Nintendo in a position to increase revenue by selling phones/handhelds and also allow them to sale there games on their system.

AKR3897d ago

This is the logic of the Internet when it comes down to Nintendo:

"Hey let's pick on the most profitable video game company in the world. Not Microsoft who looks set to dissolve the Xbox division and not Sony who has been losing profits for almost a decade. No, let's just target Nintendo. Nintendo who owns the 2nd best-selling home console of all time (Wii), as well as who owns the most sold video game console of all time (DS), and currently the best selling system on the market (3DS).

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80°

Game Developers Have Begun Confirming Nintendo Switch 2 Support

Game developers have already started to confirm that they will support the Nintendo Switch 2 with their future titles.

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80°

How Many More Victims, Like Garry's Mod, Will Nintendo's Hurtful Crusade Create?

Hanzala from eXputer: "As Nintendo takes out 20 years' worth of stuff from Garry's Mod, I watch in shock, thinking why it continues to hurt and discourage its fans."

RiseNShine6d ago (Edited 6d ago )

The irony that some of the most disgusting business practices come from companies like Disney or Nintendo, i can't even begin to understand what terrible damage was Garrys Mod making to Nintendo bottom line, imho they're getting pretty nervous about where they're heading in the future, handhelds are no longer something exclusive to Nintendo, from Steam Deck to many others, now you can play the latest games and pay a fraction of the price on Steam sales, so it's up to their exclusives, which just on their own would make hard to justify purchasing a closed overpriced hardware with outrageous price policies (Super Mario Odyssey is still 60 euro 6 years later!), and as a home console they're always underperforming compared to Sony or Xbox.

gold_drake6d ago (Edited 6d ago )

i cam guarantee you, that their exclusives alone is what drives switch sales. they sell in the 10s of millions of copies.

nintendo created their franchises to be sort of nostalgia driven, exclusive only on nintendo.

people will always buy the pkmn games as they always bring in new younger fans amd is family friendly

mario kart, the same thing, mario games in general.

zelda games are system sellers. animal crossing for the casual gamers.

nintendo doesnt need third vame devs essentially. they made sure with the switch and the limitations that they looked more to pc ps and xbox.

its sad, but nintendo is more than fine with what they're doing. they positioned themselves to appeal to the more casual gamers.

but to your point, im not sure why they're doing this rly.

Inverno6d ago

Look at how they handled Nintendo games being streamed or uploaded on YouTube in the past. They killed Yuzu and Citra even when they had nothing to do with ToTK being leaked, not to mention it was basically unplayable on emulation the week it was leaked. Smash Bros tournament, that was fairly recent. They shut down their online services without any care for purchases made. I bought a switch after skipping their last 2 consoles and handhelds but I don't plan on buying anything Nintendo in the future. They take things to the extremes, they legitimately hate their fans. They're honestly right up there with the likes of Acti, EA, and Ubi, only difference is that they disguise themselves as being family friendly all the while being shady.

80°

Nintendo's Massacre Of The 3DS And Wii U Is Finally Complete, Regrettably

Hanzala from eXputer: "The cruel hammer of Nintendo has fallen. Farewell, 3DS and Wii U, you surely brightened my life and many others; you won't be forgotten."