@VoidofLight Steady decline for months is an indicator of a larger dissatisfaction. But obviously stocks alone do not tell a whole story. Combined with lower than expected holiday sales of hardware in most regions, I think it’s a signal. I know a few handful of frequent commenters here will counter any perceived negativity but in general I hear people being impatient with no major announcements from Nintendo. It seems reflected in both stocks and sales.
@OmnitronVariant I haven't looked at N's stock in quite a while, what's interesting is that it is up 5% today in anticipation of the earnings results. Analysts are expecting higher quarterly profits. That being said, I'm not sure that investors necessarily care as much as we do, if a new game is announced, as long as sales continue to move. I always struggle with the Stock price aligning to what I expect as a gamer. They (investors) just care about profitability, and while new games will generate profits, the hype of a game won't necessarily equate to a longer term stock rise until it is released. I'm not an expert, at all, here... but I tend to take stock price with a grain of salt, until we get into an Ubisoft situation. Now, if Nintendo had 4 massive launches this fiscal year, I think that it will have a positive impact on the Stock price.
Don't take my 5% comment as a defense of the steady decline...I think that the next week will be very interesting to watch. How will the quarterly performance and the direct impact the Market's perception over the next few days will be telling.
@Lazz The stocks surged around September and then went back down. They're a little more than they were a year ago. The financial report plus q&a later in the week plus whatever the next direct has will make stocks go all over the place.
@FishyS This is a lie. They did not "surge" around September. Looking at a 1 year time period, they started rising in April after the dedicated Switch 2 direct. There was a minor bump in September. The stocks are now down to almost pre-Switch 2 evaluations. What this means is that the momentum from the new hardware launch is practically entirely gone in the eyes of investors. Obviously that doesn't necessarily say anything about the quality of the games they've released or even the console itself, but it does say something about the expectations investors have, and like I already mentioned, combined with retail sales and general dissatisfaction among a significant portion of the console's install base, it's a signal worth observing to adjust your own preconceptions a little.
Nintendo needs to come out swinging with their long-term plans and vision, and soon.
@FishyS This is a lie. They did not "surge" around September. Looking at a 1 year time period, they started rising in April after the dedicated Switch 2 direct. There was a minor bump in September.
The word around in this context means approximately centerered on - It went up significantly, hit September, and then went down. Over a period of several months on each side. Although your graph is bumpier than the one I was looking at because there are different stock metrics one can plot.
The word "surge" means a "sudden, strong, or rapid" increase in something. Which isn't the case in September. The actual surges were mid-June (console release) and the start of August. September was no more of a surge than any other time on the graph. There was a strong drop-off though after 12th of September.
@OmnitronVariant On a larger time scale it was a several month surge, presumably caused by Switch 2. And yes, the drop off was in/after September, as I said.
Regardless of quibbling over word choice, it looks like Switch 2 sold well last quarter. Maybe the stocks will react.
Even if I believed the rumors I still wouldn't be expecting an announcement today, they usually happen a day before the direct, so if there is one on thursday it will be announced tomorrow
Even if I believed the rumors I still wouldn't be expecting an announcement today, they usually happen a day before the direct, so if there is one on thursday it will be announced tomorrow
The only reason to suspect an announcement today was that most February directs have been on Wednesdays. But there is certainly no reason it couldn't be Thursday.
The only reason to suspect an announcement today was that most February directs have been on Wednesdays. But there is certainly no reason it couldn't be Thursday.
Isn't the rumored date for the direct february 5th?
@FishyS The rumor doesn't suggest it was Wednesday though, it specifically said Thursday the 5th. So if the rumor is correct and it's on Thursday, that would mean most likely the announcement is on Wednesday.
@FishyS@Bolt_Strike I've heard that the insiders are about evenly divided between whether Thursday's Direct will be a full Direct or a Partner Showcase. Honestly needs to be a full Direct imo, there's next to no confirmed upcoming first party Switch 2 titles aside from the new Mario Tennis game that releases this month. If Nintendo doesn't resolve this they can kiss the early momentum they've had with the sales numbers of the Switch 2 goodbye.
Given the new update about GTA6 marketing starting in summer and hence making its November release seem more likely, I think it may be that Pokemon Gen 10 is October and November would be a smaller release like a Switch 2 Edition of a legacy game.
@Grumblevolcano Pokemon isn't going to miss the November slot. Thankfully GTA sales will have 0 impact on Pokemon sales as well, given the audiences don't overlap at all really.
"It is fate. Many have tried, yet none have ever managed to escape it's flow."
Besides, practically everyone else in the industry will be avoiding coinciding with the launch of GTA6, anyway. It'll be a very quiet time for everyone who isn't that into the series.
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Topic: Next Nintendo Direct?
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