Wyrdness said:
No they were on the rise because of the DS you've got that mistaken, Wii didn't have high expeactations to the point people thought it would be the last home console from Nintendo especially after the 2 year drought that the GC had in its last 2 years. |
So, the expectation of a bust and the last console before leaving the home console business (a sort of Dreamcast) instead of the profitable Gamecube left to rising shares, that implied that the traders expected Nintendo to make more money? Leaving the home console business should offset the winnings made by the DS (and at that point the potential of the DS was already uncovered, shares are about the future). So rising shares make no sense if the expectation is that the Wii fails. You still refer to gaming forums and gaming sites. not traders (which are the persons in question if asked about the shares).
Even more, if it was as you say the shares should have exploded the weeks and months after the Wii-release, because it became clear the expectations were too low. Instead they kept on slowly but steady to grow, which indicates the sales were more or less in line with the traders expectations and created the base for a steady growth.