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Locked: Nintendo share price down 6.5% after Switch reveal

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http://www.wsj.com/articles/nintendos-new-switch-console-fails-to-turn-on-investors-1477034448

 

Investors on Friday shrugged off the announcement, sending the company’s share price down 6.5%.

Some investors blamed a lack of surprise in the announcement for the lukewarm market response, saying the company raised high expectations by withholding details about the hardware for more than a year. 

Nintendo hinted it still has unannounced surprises up its sleeve. “We haven’t shown everything,” a Nintendo spokesman said, adding the company would provide additional information about the Switch next year, before its scheduled launch in March.

Piers Harding-Rolls, head of games research at IHS, said extensive third-party support, along with a price tag below $300, would be key for the console to be a much-needed success for Nintendo.

 



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Gribbs already told us
http://gamrconnect.vgchartz.com/thread.php?id=221617&page=1#



Bet Shiken that COD would outsell Battlefield in 2018. http://gamrconnect.vgchartz.com/post.php?id=8749702

Then perhaps they should start showing everything. And I mean by hitting grandslams ASAP. Their backs are against the wall right now, especially after announcing a new console so soon in the scheme of things.

They can't wait for E3 either. Too far away and the holiday season is coming up right now.

"Now! This is it! Now is the time to choose!"

-Auron



Lube Me Up

I'd say investors have the least knowledge of all people of how the gaming industry works. They didn't even know Nintendo was getting a small percentage of Pokemon GO money. Sony share price also went down after PS4 announcement and look how well that thing is performing. Also most people seem to be optimistic about the Switch.



Ka-pi96 said:
Gribbs already told us
http://gamrconnect.vgchartz.com/thread.php?id=221617&page=1#

Why am i not surprised to see the both of them make a thread about this? XD 

 

LMU Uncle Alfred said:
Then perhaps they should start showing everything. And I mean by hitting grandslams ASAP. Their backs are against the wall right now, especially after announcing a new console so soon in the scheme of things.

They can't wait for E3 either. Too far away and the holiday season is coming up right now.

"Now! This is it! Now is the time to choose!"

-Auron

They can't wait for e3 because this is releasing on March Next Year......



Pocky Lover Boy! 

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Jranation said:
Ka-pi96 said:
Gribbs already told us
http://gamrconnect.vgchartz.com/thread.php?id=221617&page=1#

Why am i not surprised to see the both of them make a thread about this? XD 

 

LMU Uncle Alfred said:
Then perhaps they should start showing everything. And I mean by hitting grandslams ASAP. Their backs are against the wall right now, especially after announcing a new console so soon in the scheme of things.

They can't wait for E3 either. Too far away and the holiday season is coming up right now.

"Now! This is it! Now is the time to choose!"

-Auron

They can't wait for e3 because this is releasing on March Next Year......

 

Maybe they can bump up the release to this year as one of the annoucements :D  I'm of the opinion that if they don't release it this year to get a start on the holiday buyers it's going to suffer in sales for the rest of the gen.  



Lube Me Up

Yesterday I read somewhere that shares were up 5% after the reveal. So... no gain, small decrease after all?



Thread is already posted so locking this one.