Nintendo admits Wii is close to its ultimate level

[The_vagabond7]

Viper1 said:

The_vagabond7 said:
Yeesh, anything that doesn't say "The Regginator kicks ass and Nintendo owns teh world" is considered doom and gloom. That's a business article talking about Nintendo's stock price, and how they've suffered on account of the sharp rise of the yen relative to the dollar and euro. And yet it gets the same response from fans as an article saying Sony is making a comeback and will overtake Nintendo soon. This is a fact based article, it's not a fanboy article, and nothing in it is inaccurate. If you were an investor this would be very important information.

 

Any investor with some decent knowledge of the industry would put Nintendo in the buy category asap.  Only morons and those with limited/no knowledge of the industry have them at hold or sell.

 

Financial analysts have been wrong on basically every single account for this entire generation.  You think somehow they're actually correct this time?

 

 

This article doesn't even say "don't buy". By all fronts this is a fairly neutral information article. They lost 50% of their stock value, this is true. Nintendo put out a press release saying it's going to be difficult to match the past years success. This is true. This triggered a further sell off of Nintendo stock. This is true (note this article and analysts didn't trigger the market, Nintendo's own forecast triggered the market). Their earnings were less than they forecast, also true. Everybody is looking to E3 to see if Nintendo can show some games that will continue to move hardware, and sell software. This is true.

 There isn't anything innacurate in the article. The most speculative thing in the article is when it says Wii Sports resort on early presentation doesn't look like it will be the next big thing,which you could find plenty of people to agree. That hardly constitutes some out of line

At no point in the article does it say "Sell Nintendo stock and stay far far away!". Hell if you're an investor you could take the article as saying "Nintendo stock is much cheaper now, and they could still release some big guns!". It stays nuetral in that regard. The worst it says is that Nintendo was the sexiest name in in the japanese market and it's lost some allure, which given the loss of half it's price I think is a justified statement.

This is just more Nintendo fanboys being thinking Nintendo is immune to any kind of negativity, even if it's based on reality.