Citing a report by the Financial Times, Edge Online notes that, on average, each employee of Nintendo will earn $1.6 million in profit for Mario & Co. in 2008.
On a per-worker basis, that figure beats leading Wall Street investment house Goldman Sachs' record-breaking $1.24 million figure from 2007.
From EO:
Nintendo employs less than 3,000 permanent staff, each of whom takes home an average annual salary of $90,900 a year. Assuming the platform holder achieves its net profit target of 410 billion yen ($3.9bn) in 2008, each employee will generate the company $1.6 million in profit, according to the paper’s calculations...
The report says that Nintendo is able to make so much money with so few staff because it relies on outsourcing for all hardware manufacturing and even a number of its high-profile games.
For its part, Nintendo said the Financial Times may have underestimated the Wii manufacturer's profitability.
Comments
Re: Report: Nintendo is Insanely Profitable
Thanks good job;
Btw, I think Atari and Midway will drop out too, but mostly travesti because these guys have done nothing travesti or little and need to start saving costs. and dizi izle
YES.
Now I don't have to get off my ass for the important shit anymore!
Whats next, ordering pizza from Xbox live?
Wait... I think that sounds like a good idea.
But I think voting should MAKE you get off your ass, and see outside or a second while you go vote. I mean, your picking the president of the United States of America for God's Sake... least you can do is drive down there and punch out a card.
Re: Report: Nintendo is Insanely Profitable
Nintendo is indeed selling SOME of these on the Virtual Console but not even close to all of them. While i agree in part to his piracy he was filling a market that Nintendo failed to recognize. Maybe someone doesnt want to buy a Wii. maybe they just want a console with 50 - 100 NES games on them?? maybe just maybe?
but no Nintendo wants everyone araba kiralama to buy the Wii. thats their excuse but thats not what copyright is supposed to protect. i am real sure that the makers of 10 yard fight were losing sleep because they were missing out on their $0.00025 worth because they didnt get royalties from this player. *smirk*
my question is, should Super Mario Bros. be banned from public domain forever? isnt 23 years enough time for Nintendo to have made their profits?
If you have followed the Steamboat Willie case regarding Mickey Mouse you can rest in your bed well at night knowing that the MOUSE will still be under copyright law, away from public domain after your great grandchildren are in nursing homes. That is beyond ridiculous dont you think??
Gallagher can araç kiralama say all he wants, but I strongly rent a car believe it's due to his crappy leadership and E3 being a joke. ESA's Board of Directors need to find a way to get out rent a car of this horrid contract with this Bush cronie before there's no one left on the Board.
Btw, I think Atari and Midway will drop out too, but mostly travesti because these guys have done nothing ttnet vitamin or little and need to start saving costs.
YES.
Now I don't have to get off my ass for the important shit anymore!
Whats next, ordering pizza from Xbox live?
Wait... I think that sounds like a good idea.
But I think voting should MAKE you get off your ass, and see outside or a second while you go vote. I mean, your picking the president of the United States of America for God's Sake... least you can do is drive down there and punch out a card.
Yup.
This was Nintendo's plan all along. Appeal to the (profitable) masses instead of the (unprofitable) minority.
*Waits for someone to call the Wii a fad*
Re: Report: Nintendo is Insanely Profitable
Now, see, THIS is why people who complain about the Wii not having "good games" or not being "hardcore" enough just have to suck it up and sit down.
Nintendo isn't in this business to hoist up your childhood spent playing Kid Icarus. They're in it to make fat stacks of cash by selling as many toys to as many people as possible. Making a console that's more accessible, creative, and fun for everyone makes way too much sense to waste time listening to fanboys complaining that Smash Bros. isn't a technical fighter, or that Metroid Prime 3 is a perversion of the platformers of their youth.
Ever heard of Boom Blox? It's essentially virtual Jenga. A PS3 or 360 owner may laugh, but it's the ONLY game simple enough for my dad to play with me, while still being a lot of fun.
Some people might call that "appealing to the lowest common denominator". Unfortunately, the mountains of cash muffle such complaints quite well.
Re: Report: Nintendo is Insanely Profitable
Not to mention the fact that Boom Blox is an insane amount of fun. Just because something is simple doesn't make it bad or dumbing down. Nirvana and Beatles songs are simple, for example. Portal and Braid are simple too. Infact my favourite game of last year was Geometry Wars: Galaxies; addictive basic gameplay but damn it was intense and fun.
Re: Report: Nintendo is Insanely Profitable
We want to say - We all love playing Wii and being British be play soccer games a lot - though resident evil 4 rocks too! Anyway we did a parody for the advert. :-)
We will be glad if you include this resource somewhere on your site!
Yahoo video code so you can easily put the video on your blog:
Dimi
Re: Report: Nintendo is Insanely Profitable
I wish Nintendo use that money for more hardcore game. I am still waiting for my Pikmin 3, Kid Icarus, and next Zelda.
Re: Report: Nintendo is Insanely Profitable
Actually take this article with a grain of salt. The average employee salary is 90k a year versus Goldman Sachs' which is like 600k.
Most of Nintendo's major employees are all in Japan. The rest are outsource. I;m pretty sure Reggie doesnt make half as much as one would think.
Re: Report: Nintendo is Insanely Profitable
You've misread. It states that each employee will earn the COMPANY $1.26M. Basically it is total profit divided by amount of employees. That is NOT the same as the wage they earn from the company.
Re: Report: Nintendo is Insanely Profitable
Is that screenshot from Super Mario Galaxy?
Re: Report: Nintendo is Insanely Profitable
Yep. Wonderful game to pick up if you get a Wii as well. It may not play in HD, but I'll be damned if it's not an impressive looking and playing game in it's own right. Also, while I don't really play Wii Fit as much after we got it (but I do still hop on every week or so), my wife and oldest son LOVE playing it.
Zen aka Jeremy Powers
Editor and Host of the Zenspath Podcast (now on iTunes)
www.ZensPath.com
XBL: "PsychoticZen" PSN: "Zenspath"
Nintendo Network: "Psychoticzen", 3DS: "0860-3238-7260
Re: Report: Nintendo is Insanely Profitable
Final Bowser in any game where you fight the big brute more than once is a disappointment IMO. Should make it different and harder.
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I AM DOOMED TO HAUNT JACK THOMPSON'S DREAMS UNTIL HIS CRUSADE AGAINST VIDEO GAMES ENDS.
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I AM DOOMED TO HAUNT JACK THOMPSON'S DREAMS UNTIL HIS CRUSADE AGAINST VIDEO GAMES ENDS.
Re: Report: Nintendo is Insanely Profitable
"On a per-worker basis, that figure beats leading Wall Street investment house Goldman Sachs' record-breaking $1.24 million figure from 2007."
And what's more, its REAL money, not something that will convert into equivalent losses as housing continues its decline like Sach's number.
Well done, Nintendo.
Re: Report: Nintendo is Insanely Profitable
"Nintendo is Insanely Profitable"
In other news, the ocean has been discvoered to be full of salt, and some scientsits speculate that human respiration in space would be problematic.
Re: Report: Nintendo is Insanely Profitable
They have also discovered that right and left are NOT the same direction, as was previously believed.
Re: Report: Nintendo is Insanely Profitable
Techniacally, they are. Depending on which direction you are facing when pointing that direction.
E. Zachary Knight
http://www.editorialgames.com
Oklahoma City Chapter of the ECA
MySpace Page: http://www.myspace.com/okceca
Facebook Page: http://www.facebook.com/profile.php?id=1325674091
E. Zachary Knight
Divine Knight Gaming
OK Game Devs
Random Tower
Re: Report: Nintendo is Insanely Profitable
ROFL-copter
Very good, EZK!
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I AM DOOMED TO HAUNT JACK THOMPSON'S DREAMS UNTIL HIS CRUSADE AGAINST VIDEO GAMES ENDS.
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I AM DOOMED TO HAUNT JACK THOMPSON'S DREAMS UNTIL HIS CRUSADE AGAINST VIDEO GAMES ENDS.
Re: Report: Nintendo is Insanely Profitable
For its part, Nintendo said the Financial Times may have underestimated the Wii manufacturer's profitability.
Not that they're bragging or anything...
Re: Report: Nintendo is Insanely Profitable
So the old adage of "IT PRINTS MONEY!" is totally true. That's not a huge surprise. Folks have known that for years.
Re: Report: Nintendo is Insanely Profitable
BREAKING NEWS:
This just in, scientists have filed a report with the UN citing their findings that WATER IS WET in the majority of cases.
More on this at ten.
Re: Report: Nintendo is Insanely Profitable
*waiting to laugh at any who are surprised*
Re: Report: Nintendo is Insanely Profitable
For its part, Nintendo said the Financial Times may have underestimated the Wii manufacturer's profitability.
I for one absolutely despise the Wii and Nintendo's marketing of it. It has been over 2 years since the release of the console, and they are still impossible to find in the wild. Supposedly there's supposed to be a black Wii console also, which is nowhere to be found. And Wii Fit? Same story.
I blame Nintendo for purposely keeping supplies low to spur demand, which sadly is working out beautifully, but makes me lose all respect for the company.
My wife desperately wanted a Wii Fit for her birthday back in July, and they're still nowhere to be found. What a joke.
Add in the fact that most if not all the Wii games suck anyway, and the entire console saddens me deeply. Some sources are saying around 60% of Wii Fit owners played once, and don't use it after that.
/sigh. The Wii is the Pet Rock of the '00 age.
Re: Report: Nintendo is Insanely Profitable
A few things. Nintendo wouldn't turn down sales deliberately. There are going to be those who WANT a console for Christmas or Birthdays etc and there is no way Nintendo would willingly risk them getting an Xbox360 or PS3 INSTEAD of a Wii due to shortages. The initial shortages are understandable; the previous 2 generations of nintendo console didn't sell as well as others in the past and they aren't going to rush to make several million at launch until they know they are onto a winner. At the point it is popular they have to up production but this takes time.
If "most if not all Wii games suck" then you are in a minority. At the time of press, the 'Guiness Book of Records: Gaming Edition 2008' reports that Wii has 10 Million selling games (whereas for instance the PS3 has 2). This being now out of date you can add others to that list too like Mario Kart Wii.
Finally, the 60% figure comes from Microsoft. Now that isn't to say it DEFINITELY isn't true, but you have to understand that statistical data can be comprised from different sources in different ways. If Microsoft asked all it's customers signed to XBox Live who also owned a Wii with Wii Fit that question, it is going to massively skew the results as anyone who is signed up to XBox Live is going to be at the very least a fan of the XBox 360. This is what statisticians call "Sample Bias".
Re: Report: Nintendo is Insanely Profitable
No Nintendo game system has ever sold as quickly as the Wii. For the first time since the SNES they are leading the console race in sales, though it's not proving that sales doesn't always guarantee great gaming diversity. As far as the shovelware goes, the console that sells the best always gets the most shovelware. The PS2 was shovelware heaven last generation.
This might as well be a whacked out theory, but Nintendo could be using the Wii's massive profits to develop a console that's amazing in all fronts. Not just an "everyman" console, but also one dedicated to the core loyal gamers as well. Flexible control schemes will attract one kind of people, and deep gameplay and graphics will attract another kind of people. Unfortuanately the "hardcore" gamer is a niche compared to the millions of people that just got into gaming with the Wii.
Yet another crazy theory, Nintendo could develop two consoles simultaneously, one following in the footsteps of the casual Wii and another to cater the needs of hardcore gamers. But truth is strange than fiction and Nintendo has done offbeat things before, like announcing the DS.
Re: Report: Nintendo is Insanely Profitable
Nice conspiracies there. Yes there are supply shortages, but when Demand far outstrips supply and production at the same time, it is hard to meet up. AS for the Black Wii, I have never heard of it. You mind citing that claim?
As for you Wii Fit claims, I love that you are linking to uncited statistics from a Microsoft employee. Try finding some real proof of your 60% claims rather than the biased opinion of a competetor. Wii Fit comes with hardware that needs to be developed and it too is having demand vs supply issues.
Your comments that Wii games suck is merely opinion. Over ten million Wii owners would probably disagree.
In the end, if you don't cite any real sources to back up your claims, you are just a troll.
E. Zachary Knight
http://www.editorialgames.com
Oklahoma City Chapter of the ECA
MySpace Page: http://www.myspace.com/okceca
Facebook Page: http://www.facebook.com/profile.php?id=1325674091
E. Zachary Knight
Divine Knight Gaming
OK Game Devs
Random Tower
Re: Report: Nintendo is Insanely Profitable
I think that since the American dollar isn't worth so much, that they could care less, and are hoping it raises value again before giving us all that we could need to meet demand. Lets be serious, the fall in the value of the American dollar would equal out to massive cuts in profits for them.
Other than that, yeah, they really need to just make how many they need to to meet demand. None of this stuff is hard to get though, I only looked for one for 3 days, then a friend was looking for one and I got him one in 4 days. You just have to have good resources.
Socialize, meet new people, meet the right people. It isn't hard. Hit on the girls that work at Target, and take them out on a date, then ask for them to call you when they get a new shipment in.
Re: Report: Nintendo is Insanely Profitable
You say Wii's title's arent't of a lower quality. Well, let's take a look the 20th highest ranked game of each console in metacritic.
Wii's is madden Nfl 09 all play at 81. Ps3 has Madden 09 at 85 and 360 has Tom Clancy's Rainbow Six Vegas at 89.
http://www.metacritic.com/games/xbox360/
look at each of the systems. ps3 has a much higher score with a shorter period of being in the market.
True there are good Gamecube titles that you can play on your Wii but then you can just buy a cheaper Gamecube.
Wii defenders always make me laugh. I won't pick one up for less than a 100 bucks.
If the Wii had a lot of amazing games then the hardware would not matter but frankly a Ps2 for a 100 bucks is a better buy than a wii.
Re: Report: Nintendo is Insanely Profitable
Whoopdy-doo.
I've always considered numeric scores to be rather asinine, since it tries to give some sense of objectivity to an inherently subjective matter. I just don't believe that the concept of "best" truly exists.
I'm a Wii owner because Nintendo's always tended toward making the kinds of games I like. Of the three Metacritic top 20 lists you mentioned, the Wii has more games that are of interest to me than the PS3 and Xbox360 combined, because they're dominated by the kinds of games I was never a fan of: sports, run-and-gun, sandbox/GTA-clone/whatever, racing.
It seems to me that boycotting the Wii because companies are making lots of games for it that you don't like is akin to boycotting DVD players because lots of studios make bad movies. It's just a bunch of fanboyish whining. Grow up and stop being such an elitist.
Re: Report: Nintendo is Insanely Profitable
Numeric scores aren't perfect but they are the best I could get. If you like the Wii that's fine, all I'm saying is that it has a general lower quality of titles. I am not boycotting it, it's just that it's not worth 250 bucks when a ps2 has better games and comparable graphics. don't call me a elitist, gameplay is more important than graphics, that's why half my time is spent playing older ps2 titles.
I for one know that Sony and Microsoft are trying hard to woo the core while Nintendo is giving them the middle finger. Wiimote might be great but the games aren't there.
Re: Report: Nintendo is Insanely Profitable
Is that a problem with the Wii, or is that a problem with the people making games for it? It is quite possible to make amazing games for any system at any time. The only problem is that besides Nintendo very few companies are dedicated to treating the Wii as a real gaming platform. They would much rather throw together some crappy shovelware to make a quick and easy buck.
But again, that is not a problem with the Wii itself.
E. Zachary Knight
http://www.editorialgames.com
Oklahoma City Chapter of the ECA
MySpace Page: http://www.myspace.com/okceca
Facebook Page: http://www.facebook.com/profile.php?id=1325674091
E. Zachary Knight
Divine Knight Gaming
OK Game Devs
Random Tower
Re: Report: Nintendo is Insanely Profitable
Games make the console. That's why the ps3 was lambasted at launch. Nintendo doesn't encourage third party support. They didn't even tell lucas arts about Wii motion plus even they they are making two star war games for the Wii. They only attempt to milk the casual crowd.
Re: Report: Nintendo is Insanely Profitable
I know that Lucas Arts is unhappy about the Motion Plus, but I am sure that there is more to the story than Nintendo ignoring third party developers.
I have read quite a number of stories where developers at Nintendo would share development tips with third party developers. They seem quite open to sharing development tips and techniques.
E. Zachary Knight
http://www.editorialgames.com
Oklahoma City Chapter of the ECA
MySpace Page: http://www.myspace.com/okceca
Facebook Page: http://www.facebook.com/profile.php?id=1325674091
E. Zachary Knight
Divine Knight Gaming
OK Game Devs
Random Tower
Re: Report: Nintendo is Insanely Profitable
The PS3 still doesn't have a killer title for it after 2 years, yet you are hating on the Wii? (And yes, I have played Metal Gear Solid 4) The 3rd party support argument does hold a little weight I will grant you... IN THE PAST. Have a word with David Braben and his new WiiWare game what they think of Nintendo's help. He gave a glowing report of them when detailing his 15 week development schedule at the Edinburgh Games Festival.
Your last statement I can completely agree with though. They have milked the casual crowd with great enthusiasm and skill. They are a BUSINESS. If they can get new gamers into the market then fair play to them. My mom for instance started with a DS playing brain training. Now she wants a Wii with Wii Fit for her Birthday. Last week she started playing Dr Mario and is hopelessly addicted. This from someone who used to say "I know where the plug is" when talking about gaming. If Nintendo can get my mom hooked on games then they can do the same for anyone else and frankly that is good business, good common sense and good for the industry.
If you don't like the direction Nintendo is going, you have the Xbox 360 to fill the gap (I still fail to acknowledge the PS3 until it has *1* killer title for it.. hell I never bought an original Xbox because Halo doesn't compare to online PC FPS's and Fable and Ninja Gaiden were the only other 2 exclusive I wanted to play). There is room for BOTH in the market and Nintendo appeals across the board whereas Microsoft is appealing to the "hardcore" demographic. This is healthy and neither should be lambasted for it.
Re: Report: Nintendo is Insanely Profitable
A prototype of the black Wii was pictured in an issue of Game Informer and possibly other magazines, back when it was still code-named the Revolution. Nintendo definitely planned to have it available at one point.
I could name a bunch of good Wii games, but I do understand your point about the number of bad games for it. The ratio of good games to bad is much higher on the 360 and even the PS3. The Wii has sort of become a dumping ground for minigame collections and mediocre games with gimmicky motion controls tacked on, by fly-by-night developers out to make a quick, easy buck. Sort of makes you wish Nintendo exercised better quality control... though maybe not as stringent as they were back in the late 1980s.
Re: Report: Nintendo is Insanely Profitable
I don't have any statistics to base this off of, but I wouldn't be surprised if the number of "bad" Wii games is comperable to the number of "bad" games for DS, PS2, GBA, GBC, maybe the original Xbox, probably even more on SNES, Genesis, original GB, and NES, when bad games were easier to make. And of course, there was all the crap on Atari that led to the 80's crash.
"Bad" games aren't inherent to a platform. They're just more prevelant on popular ones. Fanboys and casual-gaming haters are just paying a lot more attention to something that's always been there.
Re: Report: Nintendo is Insanely Profitable
Agreed, entirely. While there is a share of what I'd deem "bad" Wii games, there are just as many, if not more "good" games, especially when you link in the fact it can play GameCube games (and I never got a GC), and many of the GC exclusive games were intriguing to me before, now I have a system that plays them. Then there's the Virtual Console with a lot of my old favorites being accessable legally, and throw in the WiiWare games (which are more hit-or-miss than the Wii games as far as quality goes, in my opinion).
Yeah... the shortages are annoying. I still haven't gotten Wii Fit myself. But I definitely like the system, and the games on it more than other consoles I've had.
"I'm not responcabel fer my comuter's spleling errnors." -- Xlorep DarkHelm
"I'm stel not responcabel fer my comuter's spleling errnors." -- Xlorep DarkHelm