3DS is a bomb so far. Remember, Nintendo intended to ship 4 million units by the end of March. The amount they are shipping is an indication of where they believe demand to be. Well it's almost the end of June, and 3DS just hit 3 million in sell through. It will hit 4 million sold through about 5 months after Nintendo thought it would. DS was sold on 2D platformers, top down RPGs, and "non-games," none of which are on 3DS' list of potential saviors for 2011.
The only good interval to fire the president of a videogame company is in the middle of a generation, so that the next generation can take a new direction. So if Iwata is going to be held responsible for the 3DS and Wii U failure, he would be canned in 2013. I wouldn't expect Nintendo stock to do much until we know if Iwata is going to be brought back for a third term, so to speak.
If I owned Nintendo stock, I would be kicking myself for not dumping it last year.
"[Our former customers] are unable to find software which they WANT to play."
"The way to solve this problem lies in how to communicate what kind of games [they CAN play]."
Satoru Iwata, Nintendo President. Only slightly paraphrased.
