Nintendo Stock Lowest Since May After Price Drop Announced

[fauzman]

mii-gamer said:

fauzman said:
Nintendo's investors are a bunch of idiots (as if we didnt know that already) who only focus on the shortsighted. This is a very good move, and the sales of both its handheld and console should jump as a result, not to mention it may hopefully take some sales and hype away from X1 and the ps4.

Screw the investors. This isnt really the time to worry about wishy-washy investors but to try and ensure the success of their console (even if they still see it sell far lower than its rivals).

Unfortunately, Stockholders only really care about making that money. If i were an investor. I think i would be the same

Yes of course they do.Still just sitting on their hands and waiting for  sales to improve will likely be a recipe for disaster. In the end, doing a price cut while some great games are incoming is really the best time for Nintendo to try and improve their console sales. The investors may not know this (or care) but it is really the smart thing to do imo.