Nintendo’s disastrous Financial Forecast revealed that Nintendo will be losing a lot of money for its failings to sell the Wii U and its outrageous expectations for the 3DS. With the PS4 and Xbox One stealing all the attention from the Wii U its likely that Nintendo will continue to bleed money for many more years. To stem the flow, many analysts have urged Nintendo to release old Gameboy, Gameboy Color and Gameboy Advance games on smartphones and tablets, but Nintendo still refuses to do so.
Nintendo CEO Satoru Iwata, who is refusing to step down despite landing Nintendo in the red for three consecutive years, has once again shrugged off the idea of bringing games to these lucrative platforms. “The spread of smart devices does not spell the end of game consoles. It’s not that simple,” Iwata said at a news conference Friday, translated by Wall Street Journal. “The key is to figure out a way to use smartphones to make people aware of Nintendo’s games, and encourage them to try out the console version of the games.
“It doesn’t mean that we should put Mario on smartphones.”
Nintendo is bucking a lucrative platform while its rivals, Sony and Microsoft, are using it to their advantage. Sony has released plenty of apps based on its properties on both iOS and Android devices to spark interest in the IP. Microsoft has also released Halo: Spartan Assault, though only on Windows OS devices. Bootleg versions of Pokemon and Mario games can be found on iOS and Android devices and are downloaded quite frequently. Just imagine how much money Nintendo could make if they released legitimate versions.