With the Nintendo Switch now revealed through an initial 'preview trailer', we've all had a first look at Nintendo's approach for its next generation of hardware. There's been plenty of positivity about it in this community, and the system has been trending and racking up 'likes' on its YouTube upload. With investors, however, the story is very different.
Following a jump after news of the reveal trailer being on the way, that and more has been lost from the company's share value in Tokyo trading on 21st October. It was a steep decline of 6.55% overall, taking Nintendo's value to its lowest point in the last month.
What's prompted this? It seems that the concept simply hasn't convinced investors of its potential success. Amir Anvarzadeh, Singapore-based head of Japanese equity sales at BGC Partners Inc, states that he feels it offers too little above the smartphone experience.
It's a disappointing console. It doesn't enhance the gaming experience when you have a smartphone in your pocket.
Niko Partners analyst Daniel Ahmad is more positive about the reveal, however, stating that he thinks it's a good market area for Nintendo.
They've certainly found their place in the market and this is the most logical thing for Nintendo to do.
On mobile, to get other players to play with you you'd typically need two separate smartphones. This is a lot more inclusive and this is a good move from Nintendo.
Investor and analyst opinion is split, though this writer will admit to being surprised by the sharp drop in share value - from potential consumers and gamers, in person and online, there seemed to be a large contingent that were excited by the Switch concept.
As is always the case with share values, there'll be more fluctuations in the days and weeks to come.
Investor and analyst opinions are all very well, but it's the public and their cash that have the casting vote.
This happens every time a console is revealed. The PS4 and XBOne also enjoyed this and look how they turned out.
It's just Investors expectations being diminished. Nothing more, nothing less
Investors comparing the prospect of portable Skyrim to cellphone games... These people really do know nothing about video games huh?
Sometimes a value will drop, just from the rush of people selling after a sharp rise (as for 99% of people, they only buy them to sell when the price goes up). It wouldn't surprise me that investors weren't impressed though. This is a console that's going to be for the traditional Nintendo fan, the crowd that has been growing smaller with each new console. I don't t think we saw anything in the reveal that suggested a Wii-style mass market grab. This is good news for us true Nintendo fans though. I'd rather Nintendo put out a traditional console like the Cube, over shallow games like we've had recently in order to appeal to the huge non-gamer market. Let's face it, it's the kind of things we dislike, such as mobile gaming that makes the share price go up.
@AlexOlney Agreed, I'm still an optimist about Switch, I'm not sure what exactly investors would have liked.
@DonSerrot Then again, we're not even certain Skyrim's gonna be on it...
The investors wanted a mobile phone.
Anything else and they were always going to throw a hissy fit.
As soon as they announce the Nintendo account plan (supposing it's any good) it'll jump back up again.
It might be an over reaction. Still, I feel less alone now when I say that I don't see what this console offers more in terms of playing games.
Anyway, if the handheld device is equal to a portable console, I'm satisfied with this "traditional machine"
@AlexOlney Analysts are customers too, but they often see the bigger picture. I'm with them.
We already saw Bioshock and Monster Hunter on iOS (albeit both ran into the problem of Apple updates). Smartphones will improve over the next year too. This will come down to battery life and heat. Nintendo have showed a prototype product, but not the technology leap to make this different from what we've seen before.
I still think the Switch is a breakable PS Vita.
@ThomasBW84 Investors these days are only interested in mobile F2P games With micro transactions ripping People off and preying on people's addiction problems.
It's easy stupid cash to make, yet it's also become an increasing competitive market hard to operate in due to the sheer number of games released on that platform.
One of the main reasons I hate and litterly loathe mobile games, since 99% of them are nothing but cash grabbing scams.
But investors don't have a moral Compass and only interested in making a quick buck.
Nintendo and the rest of the game industry would be better off without using Stock Exchange. It's litterly killing creativity and innovation, when you constantly have investors and Stock holders breathing down your neck!
investors are dumb. these are the people who turn to guys like M. Pachter for advice. smh
Yeah, as if we can play games like these in a smartphone... Screw them, what people need to do is prove them wrong.
@ThomasBW84 Like a few others have said, I think investors would've wanted the NX to be a Nintendo Phone or @rjejr's iGame idea.
I've only just realised that Alex and Thomas are not in fact the same person. ☺️
The Switch really isn't that far off from being a mobile device. All they really need to do is step up app development and boom, the Switch is a tablet. Maybe DeNA could help with that.
Splatoon and Zelda and Mario sounds a lot more fun than almost all smartphone games.
Internet reaction seems pretty positive so far, so I guess it is just normal for a short drop when something new and slightly unknown is announced.
One thing I liked about the trailer was how actually real it felt, like when the controllers docked and undocked, it showed a little bit of a jiggle, looked very real and the game footage looked mostly genuine.
I hope to see it bounce back up once third parties start announcing games. I hope with this reveal we will hear more from them now that they don't have to be so secretive.
These are the same investors that caused Nintendo stock to rise massively when Pokemon GO was a success then fall dramatically when Nintendo mentioned that they don't actually make the game (despite this being public knowledge all along). I can go and buy shares and affect the market. This does not make me clever or psychic.
@DonSerrot It's been widely reported by both Nintendo and Bethesda that Skyrim's inclusion in that video was for illustration purposes only (as was NBA2K) and that Bethesda (and Activision) hasn't been working on a Switch version. The obvious reason being that the Switch is another under-powered gimmick doomed to failure just like the Wii U and couldn't run the new revamp version coming out this month. Nintendo have learned nothing except how to repeatedly drop the ball.
Ok. Maybe the investor's opinions will change if the system sells well. The Nintendo Switch has potential. Nintendo looks to be speaking more to the consumers than investors with this system so far. It still looks great to me. We'll see.
If Nintendo had been more forthcoming with actual information regarding the system (potential games, price etc.) I'm sure the share price wouldn't have dropped so deeply. I don't think keeping their cards so close to their chest is really going to pan out tbh.
I really don't care what they think. Looks like fun to me. Probably mostly a bunch of businesses only guys anyway. Who knows if they've touched a video game in the last 30 years
Those investors only want Nintendo to sell out and go mobile, who cares what they think.
Im not sure im surprised honestly, theres bound to be some shaky stuff considering the new concept and that is based on a 3 minute video.
And who can blame them, Nintendo hasnt been the hottest lately and investors, who put big into this, might be worried all over again
Investors can suck my switch.
Well... investors can kiss my a$$, I'm getting it day one if possible.
I can understand the bias here; it's a Nintendo site after all, but c'mon people, where exactly does this 'console' fit in to the already saturated market space? Want mobile gaming? There are mobiles for that. What a home console? There are consoles for that. Where is this thing going to sit? I know people have been excited seeing Skyrim but do a little research and you'll discover that Bethesda aren't working on the Switch. It was for illustration only. And Nintendo keeping very quiet is a little puzzling. Are they hoping for pre-orders to start to come in before they confirm what everyone is already saying: that it's too under-powered to run current games from most developers, the dock is just that - it transfers the picture from the small screen to the big screen but offers no extra processing power at all. So basically that little tablet thing is where all the power is. This is a bad misstep by Nintendo again. I wonder how many more they can survive before they fail to get up. What they should have done is produce a console that takes the fight straight to Sony and MS. There's a gap in the market at the moment as people look towards 4K. Sony have messed that up leaving the door wide open for Nintendo to step inside. I know people like their 1st party games but the Wii U proved that those games (when they do finally arrive) aren't enough to save the hardware. I'm with the investors on this one. I'm disappointed.
@Tsurii Yeah another gimmick that offers nothing that doesn't already exist. A waste of time.
@JFERNANDEZ1984SP Yeah if your parents front the cash. You're obviously a child without any clue of what this thing is.
Old decrepit business people at their finest. I think the idea is splendid, and had me hyped from the get go. Something I can't say about Wii U's reveal.
I am not really surprised, its not a console its just a glorified tablet
For me, Nintendo's biggest mistake is missing the Christmas period. Really they should have the machine on shelves for December and strike while hype is at a max after reveal. Yes, sonys doing vr this Christmas, but honestly the Switch is so different from everything else on the market, that our televisions should have been bombarded with ads (like the online reveal) showing why console gamers, portable gamers, casual gamers and mums and dads sick of buying little Johnny another mobile phone for Xmas need a Switch. But typical Nintendo, hype will die down now, marketing won't be aggressive enough, negative niggles about the console will creep into prospective consumers minds and there's already alot of gamers holding off getting one in march with a "I'll see after maybe 6 months how this goes for Nintendo." Well, like I said, Nintendo should have swept everyone up in the hype that this is one of the must-have gadgets/consoles/new tech to have this Xmas.
@Bunkerneath Right on, brother!! At last, someone who realises what this thing is. Too many people are looking at it through Nintendo goggles or something. The Wii U was better than this!
@hmmnotsure I'm a 32-year-old child, yes! And the money to get it is my own as I'm quite successful as a lawyer.
@BionicDodo They are investors. They aren't the same investors (unless you have a list of share owners).
I cant believe people are saying the WiiU was better than this
Did they own a WiiU ? The gamepad, the thing that defined the console, was the most awful control ive ever seen, once you realized that not even Nintendo knew what to do with it it was just an akward control that had no use
@Faruko I still own a Wii U and it is better than this. I also own an iPad and that is at least equal to this.
@JFERNANDEZ1984SP Haha! Ok you win post of the day for sure!
Investors are probably just being negative at this point. I don't think they've actually played it so realize what it is.
@AlexOlney I think nintendo was expecting this. Until the March release, it really won't go up too much (except with Mario Run), but just like you stated, it's up to consumers to buy the console. Hopefully nintendo learned from the Wii U greatly and advertise it to death and give it the support it needs. I feel that if this console doesn't sell well and ends up being another disappointment for nintendo, that they'll focus on just handheld or mobile, and step completely out of the console war.
I wouldn't listen to someone like that they obviously aren't gamers and don't see things from a gamers perspective I think the Nintendo switch is awesome just hope it has a good battery life and decent specs/screen
Once again proof that many investors don't understand gaming. Skyrim in your pocket? Yeah, totally like a smartphone.
@JLPick Come on, they stepped out of the console war years ago when they produced the Wii. And they are concentrating on mobile gaming with this. It's a tablet. Nothing more.
@Rensch Do a little research regarding Skyrim for Switch before you put down any money on a pre-order.
I haven't played too many smartphone games, but I can't think of any that achieve the same depth as a console game. Nintendoes what smartphones can't.
@hmmnotsure How are you this stupid ? You really think people only buy console with parents money ? Im triggered.
I didnt knew my job at the university didnt pay enough so i still had to use money from my dad and mom, damn
@NewAdvent I'm sorry to burst your bubble but Bethesda haven't been working on the Switch. It was for illustration purposes only. I think Nintendo were a little cheeky to put that in tbh when the game won't be on the tablet. Yeah, I said tablet because that's what this is so no it won't be as powerful as the Xbone. Sorry.
@Faruko What? Was that even English? I don't know what you're trying to say. Speak slower.
I have concerns about Switch... things I question, things I would change... but overall it looks pretty cool.
Remember, the investors a few years back wanted them to go mobile and release a Mario game where you have to pay to make Mario jump higher. These guys aren't gamers, they're corporate suits only interested in money - and oftentimes don't see too far into the future. Nintendo knows they need a long term strategy to stay in the game.
Though, I think if Nintendo are going for the tablet market and don't have a touch screen on the Switch, then I think it might be DOA. Of course I love and prefer real buttons and controllers, but it's a real missed opportunity to have a tablet/console/handheld crossover. All their iOS apps could have been implemented.
I guess right now we'll just have to wait and see... but I'm a curious mix of anxious and excited.
Don't feed the Troll ^
@hmmnotsure Thank you, this proves my point, since you are so stupid that you dont have a way to argue against my sentence besides going for the language barrier...
typical internet troll lmao
@Aurumonado Oh, come on I'm hungry! Feed me!!
In all seriousness I am a Nintendo fan who bought the Wii U. That was a failure and so will this be. This is nothing but a glorified tablet. As a Nintendo fan I'm allowed to rant a little at this monstrosity aren't I?
All the idiot investors care about are smartphones. Do they even know what real video games are?!
@Faruko And you have proven that you are NOT a lawyer. But nicely played.
@hmmnotsure wtf ? Im not the one that said i was a lawyer
Aaayyy so stupid
"While we are not confirming any specific titles at this time, we are pleased to announce our partnership with Nintendo and support of the Switch. We look forward to revealing specific games and details in the future."
^ That is essentially Bethesda PR for "It exists, but we haven't confirmed it officially yet and we're not ready to because we only like to do that on the years our games release". The port would likely done by their studio in Montreal, which handled the creation of Skyrim: SE.
@Faruko No, my bad. I can admit it when I'm wrong. It was the other guy.
I don't care what investors think. Can't wait to learn more info about the switch!
@BlatantlyHeroic Oh come on, really! Opinions are welcome here as long as we all love Nintendo. That about sums it up I think. Oh, and it's been confirmed that Skyrim isn't coming to the Switch. It was just Nintendo trolling you all.
@hmmnotsure I literally did the research, and the quote above is all that I found from Bethesda, and I know how Bethesda PR works. They're basically saying that they can't talk about it at this point because it isn't time for them to. They even did the same thing with Fallout 4. Todd Howard has been quoted recently saying that their new policy is to only reveal games close to the time they launch. If they did have the port being worked on, they wouldn't admit it.
Ok, ok. I'll leave you guys to drool over this tablet in peace. But when the truth is finally revealed you'll all see that I was right as I have the power of Google search at my command. I'll be waiting for your collective groans of disappointment with baited breath. Goodbye, friends.
I guess I share the same opinion with the investors. Overall I'm pretty disappointed...
But then again I was pleasantly surprised by the partners list. If Switch ends up getting games from some of those major developers, I'll gladly reconsider.
@hmmnotsure I'd suggest looking at what the Bethesda community has to say about it, since we're a bit more aware of what Bethesda means when they say their (no)things.
The general opinion is that they wouldn't acknowledge it either way, and that they also didn't say it didn't exist at all. They did the same with Fallout 4. I'm already getting the SE for free so it's not that big a deal to me, but I know beating around the bush from Bethesda when I see it.
Guess the investor would rather the Switch be a smartphone. Smart device games always suck in my opinion. I bet the Switch will be so much more if all goes well.
@AlexOlney Well, that really is the ultimate truth isn't it.
Right now I think it's just as likely the Switch could be the either the next Wii or the next Wii U (although surely it can't possibly sell as poorly as the Wii U), and I think much of that rests on the things we've still to learn about, like does it have touch capability, stylus input, dual screen functionality, motion control, what's the online and account system like, will people need to buy all their digital eShop and VC titles once again, is it region free, what's the battery life, how much is this thing going to cost, how much are games going to cost, what first party games are actually coming at launch and in the launch window, are third party developers genuinely onboard and do they actually some properly kickass titles in the works to be available at least near launch, etc. What's there right now will easily be enough to sell Swicth to the hardcore Nintendo fans, but I think the other stuff is necessary to make it appeal beyond that group and even just to get some of the more hard to please lapsed Nintendo fans back on board too.
So, I guess we'll see, because right now there's a crap load of potential-potential based on what we already know but I think that could all fall apart if most of the unknowns above get answered in ways that are particularly satisfying. I really hope Nintendo has learned its lessons from previous missteps in the last gen or two and is smarter than that now though; because I think only Nintendo really has the power to **** this up right now, and to me it all comes down to either ticking or crossing a few of those remaining [unknowns] boxes. . . .
@BlatantlyHeroic also they wouldn't risk saying it would be coming to switch, as it could stop people from buying the remastered versions coming soon. as some might wait for the switch version with play everywhere sell.
I'm with the investors. It is a little disappointing.
Please Nintendo fans don't kill me for having a opinion.
I love Nintendo too but I can't see it do too well especially in the uk but people can change that, everybody buy this thing and give all your monies to Nintendo
@kenrulei That's probably the main reason. On a side note, Nintendo themselves don't seem to be wanting to talk about games coming for the system either.
Nintendo drops dedicated game console and go full-blown on mobile games, Nintendo shares up 100%. That will be the headline I expect investor are happy with.
It will sell like hot cakes in Japan honestly. If its marketed right
Home consoles are a dying breed there, and this kinda solves that problem
Ah...the lamentation of investors...
I'm sure some of them will lick their spit if suddenly they fascinated by Nintendo Switch.
Investors dislike change and instability. They panicked. It's what they do. This is not a meaningful analysis of the console.
@hmmnotsure @AlexOlney your full of crap to go troll elsewhere,sounds more like butt hurt to me
@Muddy_4_Ever I agree. The Switch being a dedicated games console shouldn't be compared to a smartphone. Clearly that investor has never played games on either. Obviously the Switch will offer a better experience.
Because everyone loves playing the next version of candy crush saga over playing 3D mario or skyrim. A load of bricks would know this is better and different than a smartphone. Just look at how the windows phone turned out. We don't need a new smartphone in the market. What isn't there is a mobile console, and Nintendo saw that and jumped right into it.
"It's a disappointing console. It doesn't enhance the gaming experience when you have a smartphone in your pocket."
Well this guy clearly doesn't know what he's talking about. How in the world does a smartphone enhance your "gaming" experience? Candy Crush is a mind-numbing game that literally requires no thought and just happens to be available on the underground. I've never even seen people play it anywhere other than down there. Besides, the Switch is a home console you can take with you - meaning its like bringing your PS4 with you and being able to play high quality games whenever, AND play with friends then and there. On the train? On the bus? On a boat? Literally anywhere. This guy clearly shouldn't be anywhere near the gaming industry. I'd dread to think of what he'd come up with... ugh.
@hmmnotsure really lol what tablet runs this?Nintendo's announcement of the all-new Nintendo Switch has taken the gaming industry by storm, at last bringing months of rumours and confusion to an end. The Switch represents a bold new step for Nintendo, but it certainly seems like developers are confident in this new vision. Of course, one of the big questions on the minds of many is whether or not the console will be receiving all the major AAA games that are so prevalent on the PS4 and Xbox One. While only time will tell, we at least know that Switch will have support for a major engine. Yep I'm sure its under powered.by this post I just beat all yours😊 have a nice day!!
@hmmnotsure Not talking about the console war...I'm glad they're doing their own thing instead of wanting a console that does everything else except gaming. I'm glad that they're into making a console that is just FOR gaming and nothing more. But, that's not want investors want them to do. I was just stating that the investments will rise once nintendo tells about what the console will and won't do and once it releases (which I honestly hope it sells well) selling well. Honestly, I just want them to rise again, but I also don't want a console that gets all the junk games like some of the previous consoles did. Looking back, it seems that whatever console goes out on the top spot, they end up getting almost every kind of game and a ton of them...PSOne (lots of shovel ware), PS2 (lots of shovel ware) Wii (lots of shovel ware) PS4 (already getting lots of shovel ware). It was just funny that nobody looked at Sony getting a lot and Microsoft getting a lot of shovel ware, but when nintendo did...it was bashing nintendo. Nintendo makes a console for games, which is what I want in a console. Games are to be played with friends and family members...party-type atmosphere. When we used to go to the arcades, it was playing against people for high scores (many quarters spent) and at home, with the Atari, NES, Genesis and Super NES...playing with friends for the same purpose or just to have fun. Nintendo is still keeping this gameplan, which is why I'll always get their systems and games. I just don't want them to step out of making consoles in general...which is what I was trying to get out. With the switch, you can still play it like a console, but it also combines the handheld elements, but I don't want to see nintendo just go to the handheld (ditching play on TV altogether). That was the only thing I was mentioning or trying to, not about the console war craze that I never cared for before. I'm still wishing Sega was in it too, but that'll never happen again, so I just look forward to nintendo and Sony for my gaming needs and wants and pick up the platform, kid-friendly and party games to play with my kids and family...don't really care what a system can do or the graphics in games, just the fun factor.
A long way to go between now and March. The announcement caused a spike, the results caused a drop. When Nintendo plans to announce games and specs, there will be a spike. When the investors don't see the exact games they want, it will drop.
I think the first 3 months will be telling about Nintendo and Switch. If it comes out near the end of March, let's see how sales go through the spring and into the summer window with E3. If sales are strong, Nintendo will have a big chance to keep momentum rolling with a big reveal of new games.
@Rhydas I agree. The Smart Phone games are just small crappy things that features Bejeweled-type games over and over again, where nintendo will have big games that don't take just a minute of your day each day. I'm one who never plays smart phone games (hates cell phones all together).
@Slim1999 support for a major engine.
The official Twitter account for Unreal Engine revealed earlier today that Unreal Engine 4 will be supported on the Nintendo Switch. This will no doubt come as a relief to many; though it doesn't guarantee that developers will bring their games to the platform, it nevertheless is removing a significant barrier to developing for it. Hopefully the excitement around the Switch will continue long after launch and developers will continue to see the benefits to porting their games to it.
@Nintendofan83 That's all nintendo really needs to do...show the games, tell people what the console can and can't do. If they do this, and show it to the public and watch and see the reviews come in and people's reactions, the investors should be happy then. All they need is this, and then if the sales prove worthy in March, they should be sitting high in the chair again!
@Tsurii I'm 17 and damn it, I second this.
So, uh.. first the stock value rose by 4.6% when the trailer was announced, and then it decreased by 6,55% when it was shown? So overall it returned back to the same level before the announcement?
@Peach64 Maybe not a Wii-style market grab because it isn't targeting casuals, but so far I'm seeing people who haven't bought Nintendo hardware in decades having very positive reactions to this. Just on the promise of a core game like the remastered Skyrim running on the portable alone and then intrigue with the sharing controllers and docking it at home.
I'm seeing this with friends and family but I also teach Game Design college courses and have a concentrated sample of Xbox, Playstation, PC gamers having the opinions mentioned above. Small but interesting sample to me at least.
BTW, this investor analysis is brain dead. Lol.
I wonder how many people here ripping on the analysts for 'not knowing anything' were the same ones predicting the Wii-U to be a massive success a few years back??
We will have to see how this thing pans out in 2017-2018, but to me, it seems like a very risky idea. It's going to be a 'love it or hate it' thing in my opinion. Either a big hit or a massive flop.
With the consolidation of first party workload plus shared dev tools etc, the big N should more than double their 1st party output for the one machine. This is what I'm most excited about. I'm hoping for 1 big first party title per month for at least the first year. Remember public opinion of the GAMES sell most hardware, not some 'anal'yst's opinion of a short prelaunch hardware video.
Just a classic case of buying the rumor/hype, selling the news. Investors just locking in a profit. They will be back
Maybe the investors where just hopping for some Wii like revolutionary idea, that nobody had predicted. Something that would have felt out of this would, and made everyone talk about it.
Like when the Wii was shown, or the first iPhone was presented.
I know that something "revolutionary" like that doesn't come along very often, but I think many investors are hoping Nintendo can pull something like that off every time?
I am very satisfied with the Nintendo Switch, but the concept is not that "revolutionary" or new. I can see why some would be a bit disappointment.
Investors are not dumb, and I do not think that they want a Nintendo mobile, or something crazy like that. I just think they want to get wowed and impressed by the thing, and expect immediately global hype.
In that regard, the Switch did nothing special, but it didn't do bad either, like the Wii U did.
It DEFINITELY has potential... but so did the Wii U. But at least the NS(Nintndo Switch) can use UE4, which gives me a LOT of hope...
@AlexOlney very simply, this is down to the next announcement being so far away. It will recover significantly once we know Mario Run sales figures.... Or when Nintendo make some more surprise announcements. Remember the share price is still way above what it was earliest in the year....
Investors see all this from a different perspective. The Switch has potential, but it is also a risky gambit, and there is nothing more inverstors hate that uncertainty and risk.
They probably would have loved a move towards mobile or a something to compete with the Pro or Scorpio. Now, do they actually know about gaming industry, fans, and all that? Probably not. Big investors are pension funds, or other institutions, that put old "experienced" people in the director's board.
Try to go explain to a 50 or 60 something person why the Switch could be good....
Can your smartphone play Skyrim Mr investor?
As many have said, this happens every single time a new console is announced.
Why do investors think that gamers are satisfied to play games on their phones? Phone games are nothing more than a 5 minute distraction and cannot be compared to a full fledged game on a console or portable gaming device. I am tired of hearing smartphones have killed portable consoles!
Investors are like Deer. Unbelievably skittish, and quick to panic right into oncoming traffic, or in this case, nintendo hype train
I think the biggest different with the WiiU is that the message is more or less clear of what it is
the 3 minute video was superb, it pretty much showed the idea of the console in a sublime way...
Compare that with the WiiU that the less tech-savy people still didnt knew wtf was it after 3.5 years of marketing.
That alone puts it in a MUCH better position than what the WiiU had, you pretty much know what you are getting into by buying the Switch
First, not everyone is going to like an idea. Those people are going to be vocal about it, but I wouldn't say you can blame the drop in share prices on investors not liking the product.
The sell off is called profit taking. If you will notice the day before, their was a drastic increase. This is the speculators taking the money they made and getting out.
Yeah, theres a lot of "jumping ship" or low term investors that cant risk the new announcement because they might end up losing money and for their strategy of buying and selling in short periods thats a no go.
90% of the people commenting in that stock article yesterday knew the price would go down, it's the way the market works - "buy the rumour, sell the news". It's probably a meme or something.
It did seem to go down a lot though. Possible contributing factors:
Kimishima made that stupid - "no more news until 2017" comment. Moron.
IGN asked about the touchscreen - "no comment" Morons.
Wii U is dead in the water this holiday w/ no new games, still selling for $299.
NS is still 5 months out and games sell consoles, consoles don't sell games, and they didn't show enough new games yesterday.
@Grumblevolcano Hey Grumble, thinking of you yesterday, might finally be getting that MK8 DLC after waiting for it the past 6 months. Will be annoying if NS gets it but Wii U doesn't. I kind of feel like Nintneod owes us Wii U owners something after so completely abandoning us this holiday.
That ugly square N-Joy controller already looks like an iDevice to me, not sure what the investors wanted. We're calling it the Jar Jar controller in our house, it kind of looks like his face.
iPod touch is the iGame device every Nintendo fan will want this holiday. I already covered that in depth here. Post #6, you won't miss it.
@Slim1999 Are you really calling Alex a troll, b/c besides working here I think he's pretty well liked? Maybe you hit the wrong reply button or something?
It's kind of ironic how many people here insult investors for not understanding gaming, when you gamers clearly don't understand investment. You buy stocks that are low, sell when they're high, unless you think they'll go even higher. It doesn't matter what the company they buy stock in produce or do. They're not interested in the games, and it doesn't make sense why they would. They don't think the stock price will go any higher anytime soon (because this announcement wasn't going to cause a sudden rise in profits), so they sell, and this causes the price drop.
The Switch teaser was differently aimed at us. The fans and core gamers, who couldn't wait anymore. Nintendo knows that we are the audience to have a look first.
By toning down the tablet functions, touch control, casual stuff etc. They made it look like a real dedicated gaming console, and that it is all about the games. Exactly how we want it.
But the investors are perhaps looking for something else? A more tablet like experience maybe, that also could take on the iPad?
We didn't see any of that functionality at all, and the touch screen wasn't even confirmed or demonstrated. Even the underlying OS was hidden for us. Can you browse the web with that thing? Are there any casual apps? What about media consumption like Netflix and others?
Maybe some investors where disappointed by the one sided reveal of the Switch?
Investors were hoping for a Wii or 3DS, something with a new technology. Instead they got a gimmick-free product with good old controller. No dual screen, no 3D, not even touch screen. Nintendo is returning to the traditional game format, no wonder investors were disappointed.
I don't think the reaction is so surprising.
Maybe the investors wanted, gee, I don't know, an actual home console to actually compete with the PS4 and One? Is that so much to ask?
Once again, Nintendo dumps their whole dev budget into creating an underpowered device with a silly gimmick rather than creating a powerful gaming platform that isn't years behind its competition. The "take it anywhere" gimmick of Switch isn't as great as people are making it out to be--It only takes some very basic critical thinking to realize this.
I realize people are cringing about the smartphone comment because "ew, smartphones" and I agree, I hate smartphone gaming too. But I think you guys are missing the point. It's not so much that "Angry Birds is better than Mario" but more that people aren't going to carry a doggone iPad with controllers stuck to the side around with them. If they have 10 minutes to kill out and about, they're not packing the Switch for that, they're gonna pull their smartphone out and play a quick round of something, or if not gaming just hang out on Twitter/Reddit or something. In my case, I would pull out my 3DS--Another pocket device that easily fits in my pocket and can be conveniently carried anywhere.
I know some people have lifestyles where the Switch will be useful, but for me personally, I can't think of a single situation where Switch's portability will be convenient. I have a 30 minute daily work commute by car, and I do most of my gaming at home. Even my portable consoles get mostly used on my couch at home. And when I do take them out of the house, they go in my pocket. I'm not taking my backpack everywhere just to tote my Switch around.
Even say, the Japanese, who you would think this would work really well for--When I think about it, I'm not even sure they're going to like this. I lived in Japan for a short period last year, and the trains were always lined with people playing on a smartphone or a 3DS/Vita. I'm not sure even they're going to want to carry around a clunky device they can't fit in their pocket. Granted, the Japanese like to carry bags a lot more than most Westerners do, but even still, why bother when they have phones or portable consoles already?
I just don't get it. I just don't get why Nintendo can't make a modern, high-spec console that's a true-blue console.
If I hear one more person bash the NS because of how it stacks up with smart phone gaming, I'm gonna flip out. Mobile gaming SUCKS. Always has. Always will. You cannot compare the two and anyone that's saying NS is irrelevant because we all have smart phones doesn't understand gaming.
@AlexOlney Like with every other console. It's success will be determined based on value. If they can retail it for $199, I think it could be successful. Maybe still at $249. But $299 and above may be tough sledding for Nintendo. As a lifelong nintendo enthusiast, I have mixed feelings based on the reveal, but $199 would be an automatic purchase for me. $349 for the wiiu was obviously self-destructive for nintendo - I think they've learned and cleverly compensated the expensive cost of the tablet by actually making it the console itself, unlike the wiiu with a seperate console and expensive peripheral.
@naut You should know by now that it's the gameplay that drives Nintendo console. They are all about the software being first priority. They got rid of dual screens format of Wii U and 3DS, got rid of 3D and stylus, you are left with a tradition console using standard controller. Together with the Nvidia chip, this made it easy for developers to port their games to Switch.
@invictus4000 Again, I don't think they're necessarily comparing the two as much as they're saying:
"You can fit a smartphone (or even a portable console) in your pocket. You can't fit Switch in your pocket."
It has no convenient portability, and people aren't going to be bothered to take it with them versus any other portable device.
@invictus4000 What I find funny about the "Smartphones make handheld consoles irrevelant" argument is that Smartphones have been around for 9 years since the first iPhone launched. The iPad launched in 2009.
My point is, how are Smart Phones killing handheld gaming when the 3DS not only launched during the boom period of such devices, but managed to sell over 60 million units?
Time and time again, we've heard about the death of handheld gaming and yet Nintendo has defied the odds. People were supposed to leave the 3DS for the golden promised land that was mobile gaming, and the 3DS has endured!
When will people finally get it? Smartphones are no more likely to fully kill off handheld gaming then PCs will someday kill home consoles.
@Nintendian Yes, gameplay does drive Nintendo consoles--But that doesn't mean they can't accomplish that and have relevant power inside the console. They got so close with Switch. All they needed to do was screw the portability aspect and they would have been golden. Instead, we have to compromise so you can take it off that stupid dock once every 6 months for 10 minutes.
Well lets Buy low then!!
@Caryslan Again, it's not about smartphones being better than dedicated gaming consoles. It's about Switch not having the portability people think it has. It can't fit in your pocket. You want to carry a doggone bag everywhere you go just so you can tote your Switch around?
Most of you just don't get it:
Switch was developed for developers. It's easy for them to port and developed new softwares. This will generate a lot of games for the system and more games will attract people to buy it. It's the softwares that sell the system.
Well once it starts selling out everywhere im sure all those investors will be quite happy again, cause you know this thing is going to sell out wii style.
The online community love it and it's the online community that say what will rule in the gaming world
I'm planning on buying two switch day one. One for me, one for my gf. As long as Splatoon 2 is a launch title.
Pokémon FULL HD stock price skyrocket!
@rjejr I do feel at least give us wii u owners something. I have Mario kart 8 I have splatoon. I don't want to buy that all again. I hope they give us the new patch or dlc for free
@naut Because that market is crowded already. Microsoft and Sony are already marketing powerful consoles that are PCs in a box, that can play games, movies, and do everything short of making toast.
I own an Xbox One, and I see no incentive to ever get a PS4 because outside of a few first-party titles, all the games I want t play are already on the Xbox.
Now, Nintendo's first party is the strongest of the bunch. But how do you sell a Nintendo PC in a box to PS4 and Xbox One owners? Outside of Mario and Zelda, how do you get people to buy a Nintendo system like that?
Especially this late in a generation when most people like myself have already invested money in either a PS4 or an Xbox One.
I'm not saying the switch is the best card Nintendo could have played, but I like the concept and it finally unifies Nintendo's home console and handheld business. More importantly, its Nintendo at its core. Playing differently from everyone else so they can stand out.
People tend to forget that Nintendo once tried to fight Sony and Microsoft with a powerful console that matched them spec wise. The Gamecube was a great system, but it got destroyed by the PS2 and outsold by the Xbox.
Nintendo was not even a contender against Sony, and they were even trounced by Microsoft.
My point is, Nintendo simply making a PC in a box like everyone else may not be the best answer. Of course, maybe the Switch is not the answer either.
But the last time Nintendo went off the beaten path and created something unusual, we got the Wii which went on to outsell all of Nintendo's other home consoles by a wide margin.
We could very well be looking at another Wii if Nintendo plays their cards right.
@Caryslan No, we're not looking at another Wii lol. The Wii's success rode on a gimmick--A phenomenon we'll never again see repeated. Granted, I love the Wii and its library. I'm just stating the facts.
I see what you're saying about how does Nintendo set themselves apart from Sony and MS and all that. I really do get it--But at the same time, I don't really see how Switch does the job either. All it is, when you really look at it, is an underpowered console that you can pop off a dock and take places. I think when most people really stop and think, they'll find that they actually have little use for such functionality.
@UK-Nintendo I'd pay for another round of MK8 DLC, the last batch was worth the $12 I paid, but I really have no interest in rebuying games I already own. If it's Splatoon 2 that's different.
I still can't believe how barren this Christmas is for Wii U owners. You would think they could have at least given us a Gamecube port or something to hold us over. Release Zelda BotW early, it must be done, it was supposed to be out in 2015. The Selects are nice but I already own all of those. And Paper Mario. I literally have nothing coming on my Wii U now until Yooka-Laylee sometime next year. But Nintendo expects me to buy a NS in March. Why should I, to be neglected and forgotten? That's not how you build customer loyalty.
Doesn't enhance the gaming experience my rear end. That first investor probably doesn't even see the real difference between Flappy Bird and any other video game out there. This concept is gold. Nintendo just needs to market the thing and make sure it has a large selection of quality games.
@AlexOlney I agree with you completely. And let's face it, if the investor used the word "smartphone" in this line, he probably expected Nintendo going full mobile, not portable.
@rjejr pretty much in the same boat. I have nearly all the first party games except paper. Over 30 virtual console games and nearly everything on the 3ds and now switch is coming. Can't be a day 1 purchase for me. I'll just wait and see everyone being happy
I guess Amir doesn't care about Zelda or any other great Ninty games That will most likely only be on Ninty consoles only.
@JLPick Wow, you literally summarised what I was thinking/look for in my game experience word for word. Like... just wow. Couldn't have put it better myself. Bravo man.
I am confused how you can even compare smartphone gaming to console gaming. Well analysts don't have to understand these things. They just need to speculate with other peoples money ^^
You are missing the point. The NS is also a very powerful portable gaming device, and it succeeds the 3DS. And Nintendo are selling a lot of those portable devices.
Nintendo buyers are mostly portable gamers today, as the numbers show. 59 mio. 3DS consoles was sold, and only 13 mio. Wii U's.
As a portable gaming device, it's a pretty neat thing, with a "nice to have" TV-connection-hub. When the fist real Pokémon game is coming out for the NS, it will sell very well. Kids just want Pokémons
@dres Succeeds the 3DS, okay. So are you and everyone else gonna lug a tote bag around for your Switch? Versus the 3DS/Vita/smartphone which easily fits in your pocket?
@Tsurii Hear Hear!
You're kind of all missing the point, a sharp sell off would be marked by a large trading volume, the volume of shares traded with the price decrease was pretty low, this was a handful of nitwits jumping ship, which is their right to do. It will not worry nintendo and should not worry any of us! Share price and trading volume are not necessarily reflective of the value in a company.
Im pretty sure we all know the value of the switch, that 3min clip last night said all it needed to, it was possibly the best console launch of all time... oh hang NOW YOU'RE PLAYING WITH POWER may have been better.
Investors are never happy,there All about money profit I'm not interested in anything they say.I kown there important but they don't care about nintendo just hard money.
I knew! They think it will fail because Nintendo chose for yet another tablet-like controller (Wii u was a failure). However, this device doesn't sport the "Wii" brand. It looks cooler. It looks more aimed at the core-gamer. So with a good line-up, good price and good marketing it may attract gamers (hopefully)!
How is the Vita and 3DS fitting in your pocket again? Is the Switch really so different in that regard?
All those 3DSXL owners out there are not going to have any problems to switch to a Switch
Portable gaming devices have never really been about fitting in your pocket, and you almost always had to carrying it in a bag.
@dres My Vita and 3DS XL fit into my pockets very easily, lol. You don't need a bag for either.
Ok, i do not have deep pockets then, and i don't mind carrying it around in a bag. I do not see a big problem here, really.
And there is not a huge difference in my eyes. If you take off the controllers, and put those in your other deep pocket, you could probably carry it around without a bag.
@dres in your photo, each thumb covers 1/2 the vita screen.
It doesn't appear to succeed the Game Boy, being that large, unprotected, and probably not having long battery life.
I agree with the investors. This is a logical evolution of the Wii U, where a simple logical step is not what N needs. Now they're competing with tablets and themselves. Good luck.
"It doesn't enhance the gaming experience when you have a smartphone in your pocket"
What an ignorant investor.
See, this is why you should never use investors as a bellwether for anything.
Any gamer knows a smartphone does not offer console gaming. It doesn't even offer full handheld gaming. The lack of buttons and lack of dedicated-hardware exclusives kills it. Mobile may be OK for a few touch games but no, it does not offer what a gaming device with buttons and quality software designed for buttons can offer.
What an idgit. Only a non-gamer would think a dedicated gaming device with a complete button layout and top-tier quality software designed for said full button layout doesn't actually offer an enhanced experience opposed to playing free to play smartphone games with a touchscreen.
PS Vita has a 5 inch screen + unteachable controllers.
The NS have a 6 inch screen with attachable controllers. Take those off, and put them in your other pocket, and you are good to go.
The NS will probably be more portable than the Vita in the end
God. I. Hate. These. Investors.
@hmmnotsure I've just had to remove some inappropriate language from a couple of your posts in this thread.
If you do come back, please use more appropriate language, and don't partially censor inappropriate words, just don't use them in the first place. Thanks.
So one pocket with bulging knobs, the other with a screen sticking out.
Why would you wanna carry something like this in a pocket? Pockets are scratch hives. My N3DS seems far more protected than Switch, but my N3DS goes most places in a protective case.
Investors can be unhappy all they want. I think this thing will fly off the shelf, at least at first, and ultimately still do well. I for one am getting one day 1. I've never preordered a console but I will this time.
Yes, better than bulging knobs and a screen sticking out in one pocket, like with the Vita. That isn't as flexible
A Nintendo Smartphone stronger than PS4 PRO that is sold at a huge profit for just 200$ Probably.
The Investors have stupid and unrealistic expectations. They always want huge immediate gains so they can make a ton of money with no regard for the future of the company. They are completely out of touch with gamers and the core Nintendo fanbase.
Investors are obviously of the assumption that smartphones are the be all and end all of portable gaming. But I think they will be surprised at the appetite for Switch.
Investors? Screw them. They're like pundits judging Hillary for her email leaks. I want to see performance from the actual console once it comes out.
Just take this as another reminder that investors don't actually play video games.
It's a disappointing console. It doesn't enhance the gaming experience when you have a smartphone in your pocket.
Yeah, definitely can't wait to play Breath of the Wild, Project Sonic, Super Smash Bros, and Splatoon on my Android phone. /sarcasm
The Switch will be sizable for a handheld, but most of the reveal bits aimed at it being a "set up anywhere" console. For whatever reason, investors didn't see that as novel. One guy did at least get you can comfortably share the experience (something non-VR consoles were always good at).
Also, far as I can tell the NS is primarily traditional in controls (thank god). Perhaps they saw that a step backwards DESPITE evidence that the weird ideas were different at best, and only got in the way at worse.
The comparison against smartphones is just unfair. I don't know where smartphone gaming is in other markets, but in my neck of the woods they rarely attempt to make experiences similar to handhelds, much less something consoles crank out.
And the PS4 and XBONE are better... how?
@hmmnotsure Haven't you ever been on a long car trip and wished you could keep playing a console game you were in the middle of? Have you never wanted to bring a console to college instead of a handheld but not wanted to risk it breaking in the luggage or spend money on a TV? THAT is the market.
I'm not surprised by this at all. Markets tend to congeal around the safest bet. And a company the size of Nintendo is bound to have a large number of investors that possess zero knowledge of what makes Nintendo's industry tick, so they have no real way of judging the degree at which this sort of off-center concept might end up appealing to people who play games. Switch is a risk, but it has the potential to pay off.
Not sure why they are upset. This thing is almost surreal. I can't wait until it drops. Even if I don't get it day one I am beyond excited for it.
It fairly clear he doesn't understand their business model well enough. Nintendo is known for their software more so than anything else. While their systems are great, ultimately we buy them because of Nintendo's excellent software. Their software alone, that isn't able to be played on any smartphone, will move units.
Analysts care only about "all the money right now", hence the almost lustful obsession with mobile and its ability to nab a quick buck by grabbing loads of people through fremium games and hopefully catch a fair few "whales" in their nets. Anything even remotely risky is always going to scare investors simply because they fear the unknown and almost always hedge on safer bets.
Oh and that Amir guy can shove his smartphone up his smartarse. If he thinks you can recreate all traditional gaming experiences on his buttonless phone he's spouting more of it than the farmer's livestock after he accidentally threw leftover Vindaloo into the feeding trough.
"With investors, however, the story is very different."
With investors... and with anyone with common sense. This is a Wii U 2. As a home console, too weak. As portable, not really portable. Worst of both worlds.
It's a disappointing console. It doesn't enhance the gaming experience when you have a smartphone in your pocket.
Last I checked, a smart phone wasn't capable of running something like Skyrim. Besides, I've found better gaming experiences on consoles, handhelds, and my PC than on my smart phone.
Interesting, Nintendo actually gives in to the dar... I mean... mobile side, and investors lambast them for doing so. Nintendo has officially abandoned the traditional home console space, in favor of making a "mobile console" of sorts now. This should have been the sort of thing that analysts and investors want, but apparently they wanted Nintendo to go whole hog one way or the other.
Sure, NX won't have the power of the PS4Pro or Scorpio, but those are going to be obsolete upon release anyways compared to decent gaming PC rigs. The initial investment of PC hardware is more expensive than consoles, but software through timed sales is far less expensive, and offers a larger library by far. Meanwhile, the NX should prove to be a much better portable gaming device than any smartphone, or really any previous portable device. It's most likely going to be a home run in Japan, and will probably also do well elsewhere.
It pains me to say it, but this seems like the most logical course for Nintendo to take. I'll likely be staying a retro Nintendo fan myself, but at least they seem to have a clear vision of the future now. They were dismantling their organization horribly with the Wii U, so hopefully they've recollected themselves.
And yeah, Skyrim isn't being developed for NX right now, I don't know why people keep bringing it up just because it was in the trailer. It was just a marketing ploy to manufacture hype. The best version of Elder Scrolls is always on PC anyways, consoles can't accept mods.
Surely the simple economics of the situation is that:
New Hardware = Initial cash outlay and losses
Therefore investors don't want a piece. Didn't PS4 cause an initial dip in Sony's price?
Bah, if we had to listen to investors, Nintendo should stop making consoles and develop exclusively for mobiles phones.
So, yeah, we don't need their opinion.
It's not at all surprising, because the people who are mostly positive about the reveal, are the people who paid close attention to the reveal ... which means the core Nintendo audience.
This audience however is not exactly as big as it used to be, and if the system can't manage to capture the imagination of folks beyond the core user base, it will probably not be the kind of success in the end, Nintendo was looking for.
@ThomasBW84 I'm still failing to see how Switch is going to drastically improve upon the Wii U's lack of success. With it being their only console this go around, Nintendo is doubling down on this risk.
Sure, those of us that frequent Nintendo fan sites can vote on polls and think it's all good and we can't wait, but it's also only painting a partial picture.
@Ralek85 Boom. Nailed it.
@JaxonH ""It doesn't enhance the gaming experience when you have a smartphone in your pocket"
What an ignorant investor."
You're missing the point. The point being (when you remove those Nintendo colored glasses) that PEOPLE DO NOT CARE TO HAVE MORE THAN THEIR SMART PHONE ON THEIR PERSON. It's just a fact, and sales numbers have proven this (Vita) and will continue to prove this (plummeting 3DS sales compared to DS sales before smartphones).
If you think tens and tens of millions of people will be buying this to carry it around on them every day, you are just hoping for Nintendo to succeed at that point. Sure, Nintendo's core fans may do something to this effect, but even that crowd largely grew tired of the GamePad and its shortcomings.
Now Nintendo expects us to lug around this monstrosity outside of the house? No way it happens on a grand scale.
"Nintendo is doomed! Quick, unleash the Preaching Analyst Certified Hack Torturing Entertainment for Revenue!"
The acronym is tough, you know.
Nothing like a smartphone. Moron.
Normal reaction. Most are likely not gamers, or don't fully grasp the difference between mobile and console gaming. This system is bridging the divide and playing to the strengths of their previous systems (including handhelds). If I had money to invest, I'd be all over it. The best I can do is buy it day one along with software for years to come.
@gatorboi352 I disagree. I've seen people with tablets in public on a daily basis. The beauty of the Switch seems to be that you have a home console that is also capable of being unhinged from your television. It doesn't require you to ever remove it from the base, but if you need to or want to you have the full functionality and means to do so. I'll put my money into having that functionality over the current push for VR. Seems the wiser choice.
@Fandabidozi Wow me too, the glasses on his Mii should have given it away for me...
This is a surprise. Switch is a day one buy for me and I never purchased a Wii U.
I'm surprised at this, I think Nintendo are playing this dead right, the Switch looks great.
All I ask is a new wave race, a new f-zero, and a new Metroid game OH YEAH!
Playing new Zelda and Mario on the go has me throwing money at the screen
Doom and gloom. It's ok investors, you just need a more thorough explanation of the Switch's gameplan from Nintendo. We're all waiting on more details, nothing is wrong, all is well. In other news, snow is cold.
Honestly, this thing will sell like hotcakes in Japan alone once Pokemon, Yokai Watch, and Monster Hunter hit it.
As for other regions, Pokemon, Mario, Mario Kart, Smash Bros, and Zelda will sell it as well.
And that's not even getting into Nintendo's other successful franchises like Kirby, Fire Emblem, and Animal Crossing.
I also think people are underestimating the potential of this device. For the first time, people won't have to be tethered to a TV to play a game. Want to play Skyrim, but have to leave town for a few days? Take it along with you!
The potential to take along bonafied console games with you is staggering, and I'm shocked so many people are writing this off as another silly gimmick by Nintendo.
If they can get third-party support, then Switch has insane potential. Want to play Call of Duty or Battlefield at a Starbucks? Then you can do it!
The problem with the Wii U Gamepad was that at the end of the day, it was pointless. It had limited range, and was only useful if someone wanted the TV.
With the Switch, it opens the door to possibilities that have never been seen before. Like I said, want to play Call of Duty with your clan, but you have to be away from home? Now you can play it anywhere! Want to play Skyrim even away from a TV? The Switch is your ticket.
Maybe it will fail, but Nintendo in my opinion has played their trump card, which is their mastery of the handheld market with the comforts of home consoles rolled into one package.
The Switch could be great for spur of the moment fun at parties. Don't have a TV? That's no problem, snap off the Joy Con and two players can play!
This thing has insane potental, and I think investers don't get it, as do many other gamers.
But lets keep in mind, people and investors never got the Wii. They thought Nintendo was out of their mind and started to declare them dead in the gaming market. No way would the humble Wii survive against two HD juggernauts.
We all know how that story ended, right? The Switch is the Wii all over again, only with a different narrative. Once again, it goes against a market obsessed with 4K and mid-gen upgrades and asks a simple question.
"How would you like to take you games on the go?"
@Matclip "I disagree. I've seen people with tablets in public on a daily basis."
You're still making my point for me. Those people, like you say, carry around a device with them already. So then what's the incentive to then go out and get yet ANOTHER device to perform this exact function (or less, even).
I don't really care one way or the other if Nintendo "succeeds" or not. I mean sure I want to see them do well, but that's not my concern here and I'm not even sure why you'd bring that up.
I say speak for yourself about that because I carry my 3DS everywhere I go, and I'll be taking Switch with me too.
Vita sucked. The memory cards were half as much as the system, the "console quality games" were never console quality, neither in graphics nor in entertainment value. Just compare Assassin's Creed Liberation to the main series on consoles. Or Uncharted Golden Abyss side by side to Uncharted 4. And the lack of 4 shoulder buttons and clickable analogs killed any hope of enjoying true console games on the device anyways.
It's not that people didn't like the concept or idea of quality games anywhere, its that people just didn't want the Vita.
Up until now people haven't had any good options for quality console games on the go. This is the first time in 30 years of console gaming that we will actually have the opportunity to play games of the caliber we are playing on our home consoles anywhere.
You don't have to like it. That's completely up to you. But speak for yourself when you say nobody will want to carry another device. There were roughly 75 million handheld consoles sold this generation between 3ds and Vita, both of which were dedicated gaming devices that people carried in addition to their smartphone or their tablet or whatever. So there's already a high demand of people wanting gaming experiences anywhere above and beyond their phones. Add to that the allure of true console gaming on the go and that number could significantly increase.
But at the end of the day all I know is I like it and I'm getting one. The hell with what anyone else does
@AlexOlney touche Alex!
Well done on trashing that troll, seriously.
Mobile Skyrim can't be done on PC though. Well it can, but you might have a hard time lugging your laptop around. Also Bethesda has already basically confirmed it, the PR team is just beating around the bush like they did with Fallout 4. There would be no reason at all to show Skyrim on the Switch if it wasn't going to come out on it. Plus Nintendolife itself has already shown Bethesda is on the developer list. Skyrim is almost assuredly going to be on the Switch.
It's also important to point out that may Nintendo owners have wanted Skyrim (or Fallout) on a Nintendo platform but haven't gotten it, so this is reason to celebrate for them.
Ooo, time to buy more stock.
I don't think people understand the benefit of cartridges. My wife has a 500gb flash drive, you can buy 2tb ones. Loading times from disc or even hard drives are a bottleneck, with RAM, GPU RAM and Caches set up properly, it can blitz everything even PC for loading and performance in this area.
@JaxonH "This is the first time in 30 years of console gaming that we will actually have the opportunity to play games of the caliber we are playing on our home consoles anywhere."
And with flash cartridges having a potentially far bigger capacity as well as loading times than optical disc, the future looks better for home, portable and PC.
@Matclip And people complain about the Switch tablet screen not being high enough quality, but VR is terrible because having any screen up the close anything becomes very pixellated.
@Ralek85 Well, it was massively trending among gamers and I was seeing countless posts "This will be my first Nintendo console since the 64."
@naut Do you have a house? Do you wish you didn't have to pause while going to another room?
Wanted to sit outside on a nice day?
Are you one of those people who play on their phones while using a toilet?
Want to play in your bedroom without turning a system off and physically moving the whole thing and plugging it into a TV you may or may not have?
Want to plug in headphones in a noisy party environment with people also between you and the TV?
When you really think about it, there are hundreds of reasons for people to Switch to portable mode.
@BiasedSonyFan well, we'll see soon enough.
@yoshinatsu I would be dumbfounded if Skyrim didn't end up on the Switch at this point. It was clearly shown in the video instead of some generic mid evil dragon fighting magic game. I already own it on PC, but being probably my favorite of the Elder Scrolls series I plan to double dip on the PS4 and then triple dip on the Switch.
I think investors are wrong on this one. We don't even have a price or launch roster yet and people are already assuming the worst. I have a feeling the Nintendo Switch will do at least twice as well at market than the Wii U did.
@BiasedSonyFan Especially considering that the demographic buying phones spend upwards $600 every year to two years. And even a high end phone won't be as graphic capable as the Nintendo Switch. Nintendo will definitely need to push a good launch lineup and have some third party support, but what gamer wouldn't love to have good mobile console gaming especially with games like Skyrim? The idea has been pushed by Apple and other tablet makers, but what they have lacked to this point is good rich AAA gaming, something Nintendo can deliver and third party can deliver on a device with dedicated controls. With the idea of different control options through unique Joy-con controller attachments the possibilities are endless and I'm starting to see more of the Nintendo Switch vision.
@hmmnotsure Please remember the rules regarding respecting others and common decency. Thanks.
It does look like a Toaster!
Who cares about their opinions? Only true gamers knows whats up!
@MadAdam81 Glad to hear it, though I doubt that is really representative of anything. It's unusual for people to jump on a system with a whole of one game announced. Also, the N64 sold like 33 million, so even if every single former N64 owner picks up a Switch eventually, that only amounts to "okay", I'd say.
@Peach64 I'm not betting on this being "for fans" only. My best friend and my brother both didn't give two poops about the WiiU, and hardly the Wii. My best friend only reluctantly bought a WiiU eventually for his daughters and my Brother never bothered. When I showed them this trailer they immediately started asking me everything about it. They were really impressed and excited. Both immediately noted Skyrim on the go without a laptop as a HUGE plus. These guys aren't Nintendo fans like I am. Their allegiance is to what is fun and useful to them and they both immediately saw potential.
My buddy actually brought up a good point. Will they have a bundle with the base and another that's kust the tablet handheld because he eants two tablets so his girls and wife can play on the TV while he plays something else on the couch/in bed. A cheaper iption for just the tablet would be a great idea. Plus he could being both tablets on road trips and the girls could compete in the backseat while he's driving.
I for one was hoping Nintendo would finally move away from a gimmicky console. I was absolutely convinced Nintendo was going to release a great and powerful system and reclaim the top spot of home console gaming. Boy was I wrong! Nintendo seems fixated on gimmicks, I am tired of it. The Switch looks like a repackaged Wii U! I don't want gimmicks! I don't care about gimmicks! I just want a powerful Nintendo system, a REAL 2 hand controller and great games. Ive been with Nintendo since the beginning (Arcade, NES, SNES, N64, Gamecube, WII, WII U, every single variation of Handheld - Gameboy -> NEW 3DS) but sadly for the first time in my life I will not buy this Nintendo Switch. I will continue support of my WII U and 3DS however. Before everybody hates on me, my only point is, ENOUGH WITH THE GIMMICKS NINTENDO!
What gimmick that you concern about ?
Switch totally simple and understandable. No confusing gimmick. Switch can be played both console style or portable style. Switch also come with Pro Controller, the Classic style. Are expecting new Nintendo machines should be like PS or XBOX ? Less portability ? No innovations ? No touchscreen ? No motion play ? Gosh...!
Not ordinary Toaster looking.
Some people are overreacting to something like this. These shareholder reactions are normal and were expected. New generation means a company has do make investments. There is also no release date, no price and so on. Such things affect the value.
And the value went up before the reveal. So the drop is not that big.
Why are you assuming that the Switch is underpowered or has technology that is years behind the XBO/PS4? It was rumored to be about the same performance-wise as the XBO and is obviously using tech that is much more advanced than XBO/PS4 (which were already outdated when they launched). To have that kind of power in a portable system is quite amazing.
Investors might not get it but the majority of the public seemed to be quite impressed.
"Are expecting new Nintendo machines should be like PS or XBOX ?"
Actually yes I am, with zero gimmicks
"Less portability ?"
UM YES! Its a home console! If I want portability I will use my 3DS or phone/tablet!
"No innovations ? No touchscreen ? No motion play ? Gosh...!"
Innovations - YES Gimmicks NO!, Touchscreen - gimmick, motion play - gimmick
Cartridge? WOW now that's innovative! GIMMICK!
IS IT A HOME CONSOLE OR A TABLET??
Answer is neither, The Switch is the WII U repackaged, except no second screen and cartridge based.
Gosh...! You're completely Refuse to embrace the innovations and creativity. If I got Switch, I will treat it both Console and Portable. I will bring my Switch go outside, show to other people, perhaps someone got attention and I can ask them to join in games. There is NOTHING wrong with innovations like that. Please, Try to Accept, Don't reject that. A Console will not Lose its Pride just because have portability. And all those creativity are NOT Gimmick, stop saying and treat them like a useless things. Without that "Gimmick", the World just completely Dull, Boring, Nothing Special. Lifeless if I can say. If you say touchscreen is gimmick, DON'T EVER touch your smartphone, because it has touchscreen and you feel disgusting with Gimmicks. What the heck ? I completely LIKE Touchscreen and there is nothing wrong with that. Have a cold shower and refixing your mindset.
I love touch screen - on my phone and tablet! If i want mobile i have those or my 3ds! Home console is for.................HOME!
Nintendo Switch is not new. It is not innovative. It is a cartridge based tablet that can connect to my TV. Maybe Nintendo should do what Sega did - stop making systems and just make games - you know for touch screen device's like a phone or tablet.
There's more at play here than just simply dismissing it as "investors aren't impressed". Stock price could've went down simply because business insiders knew the announcement was coming and dumped their shares for a big profit. It happens. For the investors that sold because of low confidence, good riddance. They obviously don't know anything about the company they invested in.
"Maybe Nintendo should do what Sega did - stop making systems and just make games - you know for touch screen device's like a phone or tablet."
Oh great idea - of course, because we all know how great third party controllers work for tablets/phones and how inclusive they tend to be for multiple players - give me a break. And while you're at it... get over yourself.
When was the last time you bought a portable device that seamlessly connected to a TV and played console-quality, graphically intensive games exceeding the level of Wii U/PS3/Xbox 360? Never.... because before the Switch, the device that I describe didn't ever exist.
Bottom line is if you bought a 3DS, you'll eventually get this because after all, the Switch is an upgraded version. You should quit displaying your ignorance while you're ahead. You're as transparent as your paper-thin commentary.
Why the personal insults? Because Nintendo failed to produce a system worthy of next gen? Again, and really try to understand this time. I am not looking for a portable gimmick system, if i want portable i have my phone/tablet/3ds for which i have NO desire to connect to my TV! I have my HOME CONSOLES FOR THAT, you know PS4 XBOX ONE next gen stuff. You insult me because i wanted Nintendo to be great again and relevant in the next gen market? Tell me again how innovative it is to have a cartridge based Tablet that connects to a TV? You know how nintendo came up with the name switch? We all had great expectations of a great machine from nintedo - then they unveil a TV tablet - SWITCH!
"Bottom line is if you bought a 3DS, you'll eventually get this because after all, the Switch is an upgraded version. You should quit displaying your ignorance while you're ahead. You're as transparent as your paper-thin commentary."
You proved my point here, you say the switch is an upgraded 3ds! All the while insulting me!
Not surprised one bit. Upon looking under the hood it's pretty obvious that Switch is vastly underpowered to compete in today's market. What really is concerning is the variable clock speed. I understand that when not docked, the switch runs at 40% with clock speed of 307.2MHz. Not good! I won't even mention the piss poor launch lineup. Other than Zelda, the rest is garbage.
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