Nintendo Stock Drops 10 Percent Following NDS Announcement

[Ail]

Seece said:

Ail said:

NJ5 said:

Pretty much because the 3DS is not launching before Christmas.

the 3DS delay by itself is not responsible for the 50% drop in profit...

 

As for Nintendo stock I don't expect it to ever get back to the levels it was.

Right now I don't consider it to  be such a good buy and at best the price will probably stabilize in a 2 years window around the level it is right now...

What delay? Was never announce for thsi year as far as I know :-S

doesn't mean that internally Nintendo didn't expect to release earlier. because if all along they were expecting to release it in Q1 2011 that is a really poor job of predicting revenue and profit...