| FishyJoe said: Pay no attention that the Japanese stock market is down 4%. Sony is down 4%. Just about every Japanese company is down 4%. |
This.
All panic for nothing. Investors usually follow market trends. There are not a lot of investors that actually know whether demand for Nintendo product is low, they just follow the trend for consumer electronics.
The Dow-Jones slummed on lower consumer demand, which could affect Nintendo. Japanese investors just followed the US. This doesn't mean it actually will affect Nintendo. If it will it will mean a lower demand for videogames across the board. Pachter btw thinks that in a recession more people will buy videogames, because value for money is bigger than say a day in Disneyland.
