Ail on 15 September 2009
| megaman79 said: You know im realy pissed now. I wanted to keep waiting for Nintendo shares but if this is correct i might just catch the christmas bump if i buy now, maybe. |
I don't think the share is going to jump following the price cut.
The price cut in Nintendo's case would be an admission that their current projection for the year are not good and that they are taking action to fix them (especially after Iwata numerously mentionning that a price cut was not in their plan).
Sony price cut is a little different as everyone had been expected it for a while and noone was fooled by the weak denials Sony Execs gave the last 6 months...
PS3-Xbox360 gap : 1.5 millions and going up in PS3 favor !
PS3-Wii gap : 20 millions and going down !
