Nintendo announces Wii Party amidst declining profits

image courtesy of Joystiq

Nintendo announced in a recent financial report that this past fiscal year resulted in the company's first decline in the last six years. Down $.5 billion from the previous year's $2.95 billion, it was not a banner year. This year could be even worse with the company forecasting a continued decline in total profits to $2.13 billion.

With Wii sales starting to slip, Nintendo needs their next Wii Sports or Wii Fit to drive sales this coming holiday. Nintendo President, Satoru Iwata, revealed during an investment call that their next flagship title in the ‘Wii’ series will be called Wii Party. He says that it will be a streamlined take on the Mario party formula, and will allow players to use their ‘Mii’ avatars.

Iwata made note that this will be Nintendo’s first "marquee party game" since Mario Party 8 in 2007. Going into more detail, Iwata said, "The developers are spending significant time for this title so that they can include elements that are must-haves in a party game as well as making sure that adequate volume of game play are available. We are developing it with the intent that every Wii player will be able to find a game that can be enjoyed."

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Nintendo need to relax the way online players connect, make it very easy. Wii2 is coming around end of October.

- What about an beautifully created MMORPG with no monthly fees, or less than $10/month. A Zelda MMORPG ?!

- 2d games, like Sonic the Hedgehog and that crazy bicycle game that was on the N64.

- Something like maybe Resident Evil Online 2 ? (100 zombies around you, you only have 9 bullets left)

I have all 3 consoles and the usage is split as follows:

360 = 80%
PS3 = 15%
WII = 5%

People buy the wii as it is a good console to have "fun" on. Not a serious console by any means and because of this sales will start to dwindle.

Nintendo have to come up with something great to compete with the next sections of gaming (Natal, Move) and i don't think they will be able to.

Result: Wii is a toy, nothing more. Toys are associated with fads and fads die out. Wii WILL die out.

Quapps said,
I have all 3 consoles and the usage is split as follows:

360 = 80%
PS3 = 15%
WII = 5%

People buy the wii as it is a good console to have "fun" on. Not a serious console by any means and because of this sales will start to dwindle.

Nintendo have to come up with something great to compete with the next sections of gaming (Natal, Move) and i don't think they will be able to.

Result: Wii is a toy, nothing more. Toys are associated with fads and fads die out. Wii WILL die out.

It may die out, but remember, Nintendo has survived an extremely long time, I'm sure they'll pull something out of a hat.

The Teej said,

It may die out, but remember, Nintendo has survived an extremely long time, I'm sure they'll pull something out of a hat.

Nintendo has been a killing machine, they are killed several competitors.
Sony, instead is a big company, and the ps3 has been pushed as a alternative blu-ray console, ergo the ps3 console is look at the future and is pushing a cross-market.
For other part, Xbox360 is a mixed bag, while it is still popular (really?) and Internet is flooded with xbox360 users but monetary speaking, for MS the xbox360 is not a good deal, in fact they are losing some money (i don't known the causes).

So, xbox360 who is in troubles, not Wii and not the PS3.

Magallanes said,

Nintendo has been a killing machine, they are killed several competitors.
Sony, instead is a big company, and the ps3 has been pushed as a alternative blu-ray console, ergo the ps3 console is look at the future and is pushing a cross-market.
For other part, Xbox360 is a mixed bag, while it is still popular (really?) and Internet is flooded with xbox360 users but monetary speaking, for MS the xbox360 is not a good deal, in fact they are losing some money (i don't known the causes).

So, xbox360 who is in troubles, not Wii and not the PS3.

this is wrong, MS does make money off the 360 now and their games division has managed to turn a profit a few times recently. One would have to assume if a slim 360 is coming out, they've further reduced their manufacturing costs to make even more money on each 360 sold. MS also makes a ton of money of Xbox live, from fees, movies, games, etc.

macrosslover said,

this is wrong, MS does make money off the 360 now and their games division has managed to turn a profit a few times recently. One would have to assume if a slim 360 is coming out, they've further reduced their manufacturing costs to make even more money on each 360 sold. MS also makes a ton of money of Xbox live, from fees, movies, games, etc.

i though the same but i was wrong:
http://static.businessinsider....y-msft-operating-profit.gif

I have been a big Nintendo fan for quite some time, but I am getting tired of the formula they have been using the last few years. It seems they are trying to give us just enough to make us happy, but not giving us what we want. Wii Play and Wii Resort were only mildly interesting. They needed more depth. Now Wii Party? I'm sure it will be a more simplified (i.e. boring) version of Mario Party.
Not all games have been a wash for sure, but in many titles from Nintendo themselves, they seem to be weak, not innovating as much. (mario games still an exception here)
I used to agree that HD wasn't needed, but I'm in the camp where it is needed. Even cartooney games could have more pop in HD. Plus Nintendo rarely can get the really big name games because it won't look real enough (though these games I usually don't play). More and more people though have nice big HD sets, but a Wii just doesn't look very good on it. It can be difficult to enjoy the game if you can see graphic defects in the game. (Or maybe its just that I notice the graphics more because many games are not as enjoyable as they once were)

ghos said,
It seems they are trying to give us just enough to make us happy, but not giving us what we want.

Who are "we"? Nintendo's "expanded market" titles are selling like crazy. Apparently a bigger group of people than hardcore gaming nerds are pretty happy!

Well, is not that everyone will start buying their 2nd or 3rd Wii's right?
If they want market, then give a Zelda, now that the Black Wii is out, I believe that a bundled Zelda would be great.... A remake of the Ocarina of Time for instance, how many people wouldn't buy a Wii for playing that game?

Furthermore, Nintendo must get their head in the game, otherwise the company could be in great danger, after Project Natal and Move.

Jose_49 said,
A remake of the Ocarina of Time for instance, how many people wouldn't buy a Wii for playing that game?

Noone because you can play the original on a Nintendo 64 emulator.

neoxphuse said,
Nintendo needs to go back to it's NES roots.

Haven't played New Super Mario Bros. Wii yet have you?

Solid Knight said,
Nintendo needs to realize that the novelty is wearing off and they need come up with some new game ideas.

The novelty is wearing off? You are aware that the Wii was release din 2006, right? And that it is now 2010? Nearly four years, and you are talking about "novelty wearing off"? Crazy.