Yes, Nintendo's value took a nosedive...by 5.7%. What a wonderful definition of a "nosedive"
That is a massive drop in investor confidence.
Guys, if you're going to talk about the financial markets, please try and learn something about it first.
"Nintendo has done it again! Staying with their core strategy of being original, Nintendo has announced a truly revolutionary product. [...] I have seen it and played it and I must say I was blown away by the Wii U's capabilities. The Wii U is truly the best of both core and casual interactive entertainment. I have absolutely no doubt the Wii U will be a commercial success"
Had that "analyst" actually graduated yet? That's the most childish attempt at market analysis I've seen in a long time.
For one thing. No analyst with any kind of qualifications would call Nintendo a "they." Companies are not people, the formal way of addressing them is as an "it."
@WaltzElf Going a bit further into the sources it's the same dude that complained about the ports. He's "Jesse Divnich of Electronic Entertainment Design and Research" ............... who they quote as an analyst.
Some playlists: Top All Time Songs, Top Last Year
"Don't stir the pot" is a nice way of saying "they're too dumb to reason with"
@WaltzElf Going a bit further into the sources it's the same dude that complained about the ports. He's "Jesse Divnich of Electronic Entertainment Design and Research" ............... who they quote as an analyst.
I'm not sure I'd trust any analysts much at all. Having said that, here's my completely unqualified guess:
The Wii U will do well if the price is reasonable, I'm guessing (in AUD) considering the basic 360 + Kinect bundle is $399 I'm going for $450 (the Wii launched at $400 here, the 160GB PS3 is currently $458). I don't think Sony or MS will be trying to push out a new 360/PS3 in the next 3 years or so, their consoles will remain profitable, I'd expect the early Wii U years to be a three horse race. In the time before the PS4/720 but after the Wii U we will literally have three systems that get pretty much the same library of games. Sony and MS have a decent install base so they won't die off but I would think that the Wii U would cannibalize a lot of their potential growth. People want Mario and Zelda yeah? The biggest victim of Sony and MS will be Sony because the 360 has something unique in the Kinect while the PS Move..... isn't that unique.
Some playlists: Top All Time Songs, Top Last Year
"Don't stir the pot" is a nice way of saying "they're too dumb to reason with"
People are always sceptical and afraid at first for radical new things like this. There's no predicting for investors if it will either be a big hit, or a big miss, since it's something that's never been done before.
"[This happens] whenever we come out with something brand new and try to do something unprecedented. People have never had this kind of experience before [and] they cannot completely appreciate it. It reminds me of the situation in 2006, when for the first time we showed the Wii system. At the show, people were excited and enthused about the prospect of the Wii at the time, but as soon as I returned to Japan, I noted the [reaction] there was much different. There was so much skepticism surrounding Wii at the time. They cannot appreciate the real value … and they are not [going] to feel the enthusiasm surrounding our booth right now. We are trying to invent some mechanism to better communicate the real value of the Wii U."
I'm rather sick of people saying Nintendo should 'man up' and make a standard hardcore console to compete with Sony and Microsoft. For flip's sake, innovation is Nintendo's biggest weapon. Just because stocks have temporarily lowered doesn't mean they're doomed; the same thing occured with the Wii, and look how that bounced back.
Stop trying to make Nintendo consoles to your liking; if you want a hardcore console without an 'ugly tablet controller', go dive head-first into a PlayStation or Xbox. We don't need your whining because some of us support Nintendo as they are, and are eternally glad they stand their ground, no matter how ludicrous (yet imaginative) their ideas seem.
We'll conclude all this melodrama when the Wii U has been launched. Other than that, I'd say all this negativity on stock shares is just poppycock.
We don't know very much about the Wii U yet, except that it has a touch screen controller, is backwards compatible with the Wii, and has HD capabilities.
We know next to nothing about the software, online experience, etc. All we've seen it do are a few tech demos. Investors hate uncertainty. That leads to share price dropping. I would imagine those working at Nintendo corporate expected this to happen. It's the end of a console cycle, so people are worried about what's next for the company. How Ninty's share price will change in the future has to do with how well the new hardware sells.
If you feel like you have enough information about the WiiU/3DS to be confident in their success, then revel in this opportunity to buy shares (though, unless you are in Japan/have access to Japanese Yen in a Japanese bank account to invest, you may find it's more trouble than it's worth when there's plenty to invest in through your home country's exchange).
Maybe I should become a market analyst. I can make a word press site!
Digitaloggery 3DS FC: Otaku1 WiiU: 013017970991 Nintendo of Japan niconico community is full of kawaii! Must finish my backlagg or at least get close this year W...
Yes, Nintendo's value took a nosedive...by 5.7%. What a wonderful definition of a "nosedive"
This is true.
Yeah, but saying "a slight drop" just doesn't sound as good. (>.<) Nosedive makes you think of a plane spiraling out of control and you thing "HOLY SHIZZZZ, DAT'S AN EPIC THREAD"
Heisenberg says "relax!"
The user formerly known as briunj04
PSN=mabbit04/Summoner name(LoL)=briunj04
I am both a fan/gamer of Nintendo and an investor. I do not think anyone can know why the stock had that drop. It's all speculation - it could be the uncertainty, it could be that Wii U will be out after April 2012 apparently, but it also could be nothing, or something else entirely, like conditions in Japan or something inside the Company - people just needing cash etc. This is something unrelated to Nintendo though, most probably... the stock exchanges had periods of lows, and the industry as well, and it should turn soon God willing.
Like I said in another post, Sony hit new lows recently: http://www.fnno.com/story/52-week-high-lows/331-sony-losing-s... Is that because of uncertainty of the Vita? Probably not. Just generally losing money due to bad management. I trust Nintendo's management more, hopefully
The stock went up today (http://www.climbthenet.com/sony-microsoft-and-nintendo-stocks-up/1645), the others went up too, and hopefully it will start climbing nicely.
Should we really care about this whole investor thing? I mean, I know I don't. It doesn't affect me directly and I'm most certainly not concerned with any of it.
I just want to get my hands on WiiU... Oh, how I wish I had an Ocarina of Time....
Should we really care about this whole investor thing? I mean, I know I don't. It doesn't affect me directly and I'm most certainly not concerned with any of it.
I just want to get my hands on WiiU... Oh, how I wish I had an Ocarina of Time....
Indirectly. The more money and investor confidence Nintendo has to play around with (ie, the better it's doing as a company), the more resourses it has at its disposal to channel into doing cool stuff, like acquiring other companies (Monolith), investing in R & D, and creating programs to help smaller or indie developers get their work published.
But directly worry? Unless you are an investor, no.
http://www.gamespot.com/news/6146958.html this shows exactly how foolish investors and analysts can be sometimes. Remember, this was written back in 2006 on april 1st.
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Topic: Nintendo's value takes a nosedive after the announcement of the Wii U
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