Sunday, April 17, 2011

What's Next for the Nintendo Wii?

The Nintendo Wii has been the top selling gaming console for the last few years, and they are planning on releasing a new model. An article from cnn.com takes a look at the speculation surrounding a Wii 2. Supposedly the new Wii would support HD gaming. Nintendo definitely needs to do something new and original to appeal to consumers. They claim that this new Wii is stronger than both the PS3 and the XBOX 360. With the release of the Kinect for the XBOX 360, Nintendo needs to do something to regain consumer interest. Nintendo needs to increase the demand for their product so that they can raise the price on their new system. The Wii's motion controls aren't really wowing anyone anymore and if they don't change, than they will be left behind. Also with this new system Nintendo needs to be stronger out of the gate with their game releases. When they released the Wii they just released games that appealed to adults and children. they completely forgot about their core audience, and that has hurt Nintendo in the long run. Little is known about this new Wii console, but if Nintendo can come up with something to wow the consumers, then there is no doubt that the console will sell well. Nintendo is a trusted name in video games and they are always very innovative with what they do. I fully expect this new Wii to increase interest in Nintendo and their games. Nintendo has been declining recently, but the release of a new console might be just what Nintendo needs to get back on top of the video game market.

4 comments:

  1. It is interesting that it has taken Nintendo such a long time to create something new out there to compete with the rest of the gaming world such as Sony PS3 and Microsoft XBOX 360. Hopefully, this new product, Wii 2, will create as much of, if not greater than, demand for both the PS3 as well as the XBOX 360. These three consoles serving as substitutes only increases pressure on Nintendo to produce a newer and better device if they don’t want their product to be ignored. It is known that Wii sales have been continually decreasing worldwide compared to others who have surpasses Nintendo’s total revenue by the millions. This new idea for the Wii 2 to support HD gaming could be just the right detail necessary to regain its position among the leading competitors. This new feature could even serve as the opportunity costs to other consoles. Whatever else is to be included must clearly serve as the next best thing in gaming in order to have any demand for this product. Hopefully, though, the Wii 2 will come out strong so that they can follow the law of supply positively. This would mean that because the price would increase for this console, based on the estimate that Wii 2 will have high demand, then Nintendo will be able to increase supply which would, in the long run, create higher total revenue.

    ReplyDelete
  2. I really like what you're saying about how the HD gaming could be the breakthrough that Nintendo needs to return the Wii back to it's former glory. The Wii has been getting bullied as of late by the PS3 and XBOX 360. I think this new console might just be the thing that could put Nintendo back into the spotlight.

    ReplyDelete
  3. I think that, if the Wii 2 is actually going to be produced, that what they need to do is increase processing power, graphics, and the overall quality of the games. The reason why their sales have been going down is one, as holly said, the processing power of XBOX and PS3 are much greater than that of the Wii. Also, when i think of Nintendo, and specifically the Wii, i think of little child games, and exercise games that have no entertainment value at all for those who are interested in hardcore gaming. This is where Xbox and PS3 steal the show. They can appeal to all crowds and they have multiple genres. I cant think of a single M rated game for the Wii, and this really takes away from the possible consumers. This decreased demand really hurts the overall business of Nintendo. They need to do something that will stimulate the demand, and hopefully this answer lies in the better graphics, and possibly in widening the crowd that Nintendo appeals to. The real market lies in the 16-25 year old males, and it seems lately that they've been left in the dark.

    Mark E.

    ReplyDelete
  4. The wii was a joke. It is far outclassed by the 460, PS3, and PC's. Yeah, they sold a lot of units, but how many of those units get frequent use, like other systems? Much of their customer base is non-gamers, young kids and older people. Then look at the demographic of the 360 and PS3, people who play a lot of games, and frequently. People who bought a wii, played it for a few months, and then forgot about it. Nintendo has zero third party support; nearly every AAA title on the wii is an in house Nintendo project. Technically, the wii is extremely weak. Nintendo is a generation behind tech-wise. The Wii U (the “wii 2”) will likely come out before the Sony and Microsofts’ next generation systems, so for a short period it will be popular, but it will be overshadowed when Sony and Microsoft introduce new systems that are pretty much guaranteed to blow the Wii U out of the water. Nintendo is trying to make up for the failure that was the wii by coming out with a new system halfway through a generation. I think this is a mistake, because while it will boost sales short term, they are only hurting themselves by effectively removing themselves from the running to be “the system” of a generation.

    ReplyDelete