Train wreck said:
I think the stock will go down because of the forecast. Most companies do not operate in the past and the prior 3 months for Nintendo is ancient history. From this quarter going forward you are going to have two camps: You are going to have Nintendo Pollyanna folks who will point to this quarter and say "hey Nintendo made 450 million suck it haters" and will continue to sell promise and hope of future 3rd party support, Nintendo directs, E3, the Yen, etc as the fundamentals of the company in terms of its once dominance position have clearly waned. Then you are going to have the people that are critical of Nintendo point out multiple things. I think (i have to do some more research) this is the 9th or 10th quarter (2+ years) in a row where Nintendo has lowered guidance on one of its products. Future sales of the Wii U, any price cut will be detrimental. They are cutting projections on current products (the 3DS more so with its price cut and library). You have future competition from Sony and Microsoft and Smartphones. Europe’s rapid decline, just a myriad of things |
I think you forgot a third camp. You mention only Nintendo apologists and realists. What about anti-Nintendo polemics?
