| NeoStar9 said:
Nintendo also has some control over this. Their lack of straight forward answers and layout of their vision at E3 has attributed as suggest. For as exciting as people might be for the Wii U Nintendo did a poor job of positioning it in regard to the PS3/360 and Wii. Focus on the controller was wrong. At least wrong in that they focused so much only on it. They could have kept their high stock price if they had full explained the system, it's power, and how they were going to cater to both the casual market and the normal gamer market. That is something that they absolutely did not do at E3 and that is when the big drop off got noticed. If Nintendo comes out and layouts a ton of information it could stop the bleeding. For investors they need to be straight forward and detailed too. With the recent interviews taking place I at least think they know that or at the least Iwata is hearing an ear full. However they still are not saying the right things as the stock continues to drop. |
There is an old saying about the stock market "Buy on rumour and sell on news" ... Reality often gets in the way of optimism, and when an announcement is made that doesn't live up to people's unrealistic expectations they tend to swing from optimism to pessimism.
In the case of the Wii U many people (probably) had the unrealistic belief that Nintendo could design a completely unexpected and revolutionary controller again, while producing a system that had a "generational jump" in visuals, while somehow releasing this system that costs next to nothing in the immediate future with amazing third party support and very low development costs. Nintendo's real announcement of a controller that has a lot of potential in a system that will have as large of a jump in graphics as could be provided while not producing an excessively expensive system or driving development costs to be too high that will release as soon as is realistically possible (12 to 18 months) and has solid third party support has let down a lot of people who had unrealistic expectations.
The pessimism that has shown up is that people are assuming that Sony and Microsoft can both produce this impossible system, while everyone in the world who bought a Wii or Nintendo DS will abandon Nintendo for Smart Phones or other consoles, the economy will collapse making it impossible for a new system to sell, and Japan (with the exception of Sony) will be destroyed by a series of Tsunamis and Nuclear meltdowns.
18 to 24 months from now both the optimistic and pessimistic outlook will seem pretty silly, and it is possible that unforseen events will allow Nintendo to be on track to match or surpass the Wii and DS sales with the Wii U and 3DS.
