So im going to buy NTDOY shares within the next few weeks, and given the news that theres an official price cut on the DSi on Sep. 12th in the US, im going to hesitate to guess its coming SOONER rather than later.
http://gonintendo.com/viewstory.php?id=134653
So this thread is about 2 things really. When will the 3DS release, and is this recent price cut announcement indicative of an actual new console release?
What about buying NTDOY? I want to know whether waiting to buy the stock is a good idea, and whether the next quarterly result will affect the stock significantly?
(i am aware that this thread is probably better suited in the Sales section but meh)
“When we make some new announcement and if there is no positive initial reaction from the market, I try to think of it as a good sign because that can be interpreted as people reacting to something groundbreaking. ...if the employees were always minding themselves to do whatever the market is requiring at any moment, and if they were always focusing on something we can sell right now for the short term, it would be very limiting. We are trying to think outside the box.” - Satoru Iwata - This is why corporate multinationals will never truly understand, or risk doing, what Nintendo does.