In response to yesterday’s phenomally large price drop for Nintendo’s 3DS handheld all kinds of people at Nintendo are now oodles of cash. In addition to the handheld now losing money on every device sold, Iwata himself and other executives are taking large paycuts. Iwata is taking the brunt of the blow with a whopping 50% cut to his normal 2 million a year salary, other executives are taking 30% cuts while some are taking 20% cuts.
That’s not all though, Nintendo’s last president before Mr. Iwata was a man named Hiroshi Yamauchi. He is the currently the largest shareholder in Nintendo stock, and he lost about 500 million dollars due to a 21% decrease in the value of Nintendo stock. While none of this points to Nintendo going away soon, it does show that if they don’t get their act together and start selling some consoles they may revert back to the Game Cube era or worse we may be seeing some Mario games on Sony and Microsoft’s respective consoles in the far flung future.
I know we have a lot of Nintendo fans in the community so I was wondering how many of you would feel about a publisher only future for Nintendo. I think they would have a much better time that Sega, but would you lose any of the magic playing a Zelda game on a PS3?