Community Nintendo's stock has dropped
By DragonKiss83 —
June 9, 2011
Tags:
e3-2011
news
nintendo
wii-u
E3 just hurt Nintendo
source http://www.joystiq.com/2011/06/09/nintendo-stock-loses-another-five-percent/
So here's how it goes. Nintendo shows us the Wii U, the next day thier stock drops 5 percent. The next day it drops another 5 percent. For those of you who struggle with math that's a 10 percent drop in just 2 days. The stock hasn't been this low since before the Wii 5 years ago.
I personally lost faith in nintendo when they made the N64, I hated that thing. I got my start with games back on the NES and still love it. Then the SNES had some incredible games. But the N64 had a control that I didn't like and a ton of kids games. So I became a Sony guy. But they still own the rights to some great characters. So for years I've joked that they need to just stick to games and forget these consoles that I'm not a fan of. But I'ld rather have to play a Wii than lose the characters completely.
And I am sure that investors were looking for something big out of E3, but the Wii U just wasn't what they wanted. This doesn't really hurt the company but it might serve as a wake-up call. The 3DS has not done anywhere near as well as they expected. What do you think about this? Is there someway for Nintendo to win you back? Or are you not bothered by any of this?
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