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> Nintendo is a 132 year old company (111 at the time this happened), with a "war chest" of $10 billion. Now they are successful, after the huge hits of the Wi
by dtech 6y ago
> Nintendo is a 132 year old company (111 at the time this happened), with a "war chest" of $10 billion.
Now they are successful, after the huge hits of the Wii, DS and Switch. Even with that the company was in a lot of trouble during the Wii U period in 2014, with executives taking 50% pay cuts.
When this played out in 2000 it was during the N64 era, with GameCube being close to launch. While those were not failures per se, they were very, very far behind the PSOne and PS2 in terms of popularity.
- stopFalse 6y agoThey have successfully brainwashed a generation. Fanboys think every Zelda game is the greatest of all time. I understand why Nintendo thinks they are in a strong position. They can sell low quality games and the people don't know better.
- AnIdiotOnTheNet 6y agoEverything lagged far behind PS1&2. Many even predicted the death of PC gaming during the PS2 era, so great was its dominance. PS2 still outsold PS3 for a long time after the latter console was released. Nintendo survived that era, Sega did not (as a console manufacturer).
- jeegsy 6y ago> executives taking 50% pay cuts. Something to be admired about their corporate culture over there