Nintendo larger than all major publishers combined
- July 29, 2008 11:06 AM PST
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A new report by Edge Magazine reveals Nintendo's commanding success over the last year, including the performance of your other favorite video game makers.
Nintendo Wii: small is the new big
According to Edge, Nintendo profited $2.6 billion over the last year through April 2008, more than all other publicly traded top 20 publishers combined (including hardware sales). Disney, Konami, Activision, and Vivendi rounded out the top five.
By comparison, Electronic Arts lost $454 million during the same period, followed by Microsoft with a net loss of $574 million, and Sony at negative $1.3 billion on the year.
Historically, hardware makers like Sony and Microsoft operate at a loss during the first two years of a console's life, before raking in enormous profits on software sales in the years to follow.
Microsoft launched the Xbox 360 in November 2005. Sony and Nintendo launched the PS3 and Wii respectively a year later in November 2006.
Electronic Arts, still the world's largest game-only publisher in terms of revenues, blamed its ugly-looking numbers on underestimating the Wii in favor of both Xbox 360 and PS3.
Though traditional games like Grand Theft Auto IV and Metal Gear Solid 4 remain widely popularly and immensely profitable, the report underscores the waning importance of bleeding-edge graphics and Hollywood-like budgets when it comes to selling video games to your mom, dad, and grandma, in addition to your brothers and sisters.
Graph courtesy of Edge.
Though we usually strive to avoid the business-type gaming news at GamePro (read: it's boring), the above graph is pretty telling. So how does it make you feel as a long-time gamer?
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- Jul 29 2008 at 11:11:09:AM PST
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Who cares nintendo...........the 5-15 age group...............nintendo is for the kiddies....
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cant wait for the new mario, wario, zelda, pricess tadpole ring around the rosie game
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Hey Blake , I actually I wish there were more of these. Where could I find more info
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The Verdict by Blake Snow Though we usually strive to avoid the business-type gaming news at GamePro (read: it's boring), the above graph is pretty telling. So how does it make you feel as a long-time gamer?terrible, it says they publisher are going to start producing shovelware by the boatload, to the casual gamer, and there will be far and few between MGS4. GTA4, Halo3 ect, as publishers realize they can produce a low production game and make money,
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