http://www.csmonitor.com/Business/Latest-News-Wires/2011/0729/Nintendo-posts-deep-loss-shares-plunge

http://www.google.com/hostednews/afp/article/ALeqM5jm68GSWJ-LbQHZi1JV1ziWFhkrqQ?docId=CNG.463bd595c96d72c05a3425e35e9dce59.f1

http://www.reuters.com/article/2011/07/29/markets-japan-stocks-idUSL3E7IT0FF20110729

etc etc

My take:

At a point in time, Nintendo was top 10 in terms of marketcap in Japan.  Now it's a shadow of its former self.

Nintendo has a lot of structural problems that a simple 80$ reduction won't fix and a lot of smart money are taking notice.  The company is structurally broken and its business model one generation away from being out of date (if it's not already).

Its portable division, after twenty years of being the market leader, now will not be able to keep pace with smartphone that will out power the 3DS, most likely by next year.

the Wii U is not even out yet and Nintndo is trading below $20/20k Yen, when the Wii U comes out and underperforms, Nintendo will have another leg down.

I swear this bad news for nintendo is coming from everywhere and keeps coming. Its like a storm. Also Nintendo could do little to prevent the stocks from declining any further. At best they can release a whole bunch of models and big DS games. But I feel that won't be enough

But look at the Bright Side! At least the 3DS is making money

Each 3DS is sold at a loss

Seeing this written with no other explanation right after Killeryoshis remark made me crack the hell up, I imagine you saying it all deadpan.  Thanks for that.

Reuters says it's at its lowest level since 2004. 2004 was not good times for Nintendo...

what a train wreck
:P

How about this little nugget of funny amazingness from the first article: "Gibson suggests Nintendo needs to take "radical" steps, such as buying U.S. video game publisher TakeTwo Interactive Software and making its hit game "Grand Theft Auto" exclusive to the Wii U, which would attract core gamers to the platform."

Yeah, I'm sure that'll happen analysts...

I saw that also and laughed.  Im sure that most of the development team would most likely leave.  TTWO is in enough trouble as it is, why do you think EA is not going back (EA is not in the best of shape either, but they still have enough cash on hand to acquire), its business model does not fit nintendo's at all, the integration risk would cause nintendo's stock to lose further ground.

not only will it not happen. if talks started for this it would cost both companies millions of dollars just for taketwo not to sale again(EA).

OT: talk about a shit storm. if Nintendo would have continued on with the current lineup without 3DS or the release of next yrs WiiU this would not have happened IMO.

if i were Nintendo at this point i would push back the release date of WiiU until the market is alittle more open to adopting new hardware cause now is not the time. its sad that Nintendo won't even admit they screwd up. i never saw this coming. have Nintnedo created a new curse for the indusrty or is this just poor management.

(not refurring to the stocks falling)

I guess it would go under poor management from those options.  They just released this thing too early, it's like they weren't prepared for it or something.  Launches are very sensitive, and they just royally screwed this one up imo.  Hopefully, things go more smoothly now with the cut.