WW UP 23rd July

[Zlejedi]

NYANKS said:

Alby_da_Wolf said:
Japan: just another proof that Wii could still rock with SW, while 3DS plummets down as fast as it jumps up.
WW: 3DS plummets below PSP scoring one of the worst weeks in its still short life and showing it could fall again under 70k, BEFORE Nintendo announced a price cut is coming soon: this makes the cut look like a panic move. It could be not, but it damn looks like that.

I may not be a captain of industry, but I can damn near say it's a fact that this was a panic move.  This was NOT a move that Nintendo intended to make this soon, one must only look at their corporate history to confirm this.  It's a massive price cut. 

Their expected net profit fell 82% percent.  EIGHTY-TWO percent.  I'm pretty sure it'll do fine with the cut, but it's not something they wanted to do. No way.

Of course but it's still a painfull lesson they deserved.