By 5% which is the lowest the stock has been since the launch of the original Wii.
Ouch.
Platform »
Nintendo has survived quite a few not-so-well performing consoles in the past, so I wouldn't worry to much. It's also not that surprising, Wii captured a new audience, WiiU on the other side means very little far those casual gamers, as it doesn't bring anything new to motion gaming (unlike Move or Kinect) or gaming in general, it's just a more powerful version of past stuff.
The market runs on sure things cus people who are in the stock market are old white pussies. It'll go up the day after the WiiU launches.Exactly. This news is irrelevant.
@Hizang: Not playing it safe? It's just a more powerful Wii. Literally, it will use the Wii motion controls, play Wii games, use all the accessories... I wouldn't be surprised if that tablet controller was an expensive and option accessory, and it shipped with a Wiimote and Nun chuck.
I think at this point its maybe more of a gamble then people seem to think it is. Look at the average consumer who bought a wii, they dont give a shit about a new console. These people already have one box that does motion control and then they will see this new box with a semi normal controller and be all turned off again. Meanwhile Nintendo spent the last 5 years ignoring its hardcore, so will they also come back or are they gone onto greener pastures (xbox, PS3)?
Unless you're Apple, nothing you do is a sure thing. And even the iPad baffled people when it was announced. And that's just a big iPhone if you oversimplify it the way you oversimplify the WiiU. Iphone did great, so should the iPad, right? Its still not safe enough initially.@Hizang: Not playing it safe? It's just a more powerful Wii. Literally, it will use the Wii motion controls, play Wii games, use all the accessories... I wouldn't be surprised if that tablet controller was an expensive and option accessory, and it shipped with a Wiimote and Nun chuck.
The market isn't run by fanboys. There's no excitement about tech, no 'oohs' and 'aahs' about games... just "How much does it cost you? How many will you make? How long before you turn a profit?".
That being said, it is curious that shareholders who benefited from the Wii would jump ship now. Time will tell who's right
Then he isn't wrong is he?@Laketown said:
@ryanwho said:
Let's pretend we're analyst and read our fantasy Nintendo downfall into this, internet experts.NINTENDO WILL BE GONE BY 2013.
Too bad the world will end in 2012...
Well I can say that I showed the videos to my girlfriend and her daughter, and they were pumped. There's your casual crowd. Then there's all the 3rd party devs who are actually gonna make games for this one, and that could get your hardcore crowd. Time will tell, but I certainly wouldn't have sold my stock over this.
Well I can say that I showed the videos to my girlfriend and her daughter, and they were pumped. There's your casual crowd. Then there's all the 3rd party devs who are actually gonna make games for this one, and that could get your hardcore crowd. Time will tell, but I certainly wouldn't have sold my stock over this.Exactly. Only angry nerds are predicting doom for Nintendo. My mom was interested in it even.
@ryanwho: But the iPad wasn't a magnifying glass attached to a more powerful iPod Touch. You couldn't just get rid of the thing and have just a normal iPod, only better. This isn't like the Wii, it's got all the capabilities of a Wii down to the games you can play on it, only it can also do these other things.
So wait. You are telling me that Nintendo announced that they are slowing down development on their best selling console of all time to support another console that won't be released this fiscle year and people want to sell the stock before it drops more? Investers are thinking in the now and not the future? WHAT?
That sucks Nintendo showed us a console too late in the cycle. Although they showed that third party developers will support the system my question is for how long? If we get new systems in the future lets say 2 years from now what then? Will EA still release Battlefields in that system even though they will not look better? Its 2005 all over again.
@Laketown said:
@ryanwho said:
Let's pretend we're analyst and read our fantasy Nintendo downfall into this, internet experts.NINTENDO WILL BE GONE BY 2013.
Is your name Michael? If not, I don't believe you.
@greennoodles said:
So wait. You are telling me that Nintendo announced that they are slowing down development on their best selling console of all time to support another console that won't be released this fiscle year and people want to sell the stock before it drops more? Investers are thinking in the now and not the future? WHAT?
Who could have predicted this outcome?!
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