Only this time, the poorly-informed movie reviewer was well-informed. Who knew?
He says that Nintendo has had to cut their expected net profit by 82%, after bad Q2 results. Even though the company has transitioned to supporting the 3DS, the DS system is still their biggest seller; they sold over twice as many DS systems as 3DS systems.
In short, people aren't buying 3DSes, and Nintendo has been forced to lower the price in order to try to get more buyers.
Why aren't people buying 3DSes? Here are various reasons people have come up with:
- Perhaps the DS cost too much, at $250. In comparison, the DS Lite is $125, the DSi is $150, and the Wii is $200. People are buying Nintendo's cheaper systems as a money-saving measure.
- There aren't enough good games for the 3DS right now, mainly because the "big" game releases have been delayed until the holiday seasons. There's not much in the 3DS catalog to brag about, except maybe Legend of Zelda: Ocarina of Time.
- People think 3D is a gimmick, and they are more than tired of it already.
- The DS and 3DS are so similar, that it's hard to figure out what makes the 3DS different.
- The casual gaming audience, which is Nintendo's main audience, is spending their money on smartphones and social gaming instead. Angry Birds, for the win!
- A lot of reporters and reviewers (like me!) have made fun of the 3DS, which makes it seem unappealing in the public's eye.
- Nintendo sort of rushed the system out too early. It probably would have been better if they delayed the launch by three months, when they had all the features ready.
Stay tuned, to see what happens for Nintendo in Q3!