quickrick on 08 July 2018
| Ljink96 said: I also heard reasoning that Donald Trump's tariffs on Chinese manufactured electronics have caused investors to become shaky. But, a poor E3 showing, vs. Gamestop seeing sales double during E3 week is a weak argument. Pokemon and Smash Bros. are among Nintendo's best selling franchises, I wouldn't exactly call that a "poor" showing. The stock market in itself is volatile, this happens. Hell, it dropped by like 5% after the Lets Go announcements. Most of these investors don't necessarily understand Nintendo or the game industry like they should. For example, Pokemon Go shot Nintendo's stocks up the roof, when investors should have been investing in Niantic or The Pokemon Company as they get a greater cut than Nintendo. It was a bad evaluation by the market |
Gamestop sales doubled after E3 cause that week they had a crazy promo, trade in xbox/ps4 get 250$ towards a switch. Aside from that main reason it went down is cause nintendo es expecting a lower shipment then Q1 2017, which doesn't bold well for the 20 million forecast.
Last edited by quickrick - on 08 July 2018
