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