Drunk thread?

Piggybacking off my last post in this same thread...

The decline in 3DS sales in Europe and the U.S., paired with the lower than expected Wii U sales per Nintendo's own projections, is why Nintendo shares keep hitting new 52 week lows, despite the seemingly strong global 3DS sales and pretty strong Wii U launch figures.

The declining trend for 3DS in the U.S. and Europe seems to be why most investors predict Nintendo will eventually become a Software only company like Sega.

There will always be a market for a dedicated handheld gaming console, but as Smart-Phones & Tablets trend upwards and iOS & Android gaming improve, the dedicated handheld console market decreases.

Now, also note Nintendo initially projected 18.5 million global 3DS sales from April 1 2012 - March 31 2013, then in October they slashed this projection down to 17.5 million. Right now they sit below 11million (starting from April 1 remember), so they will fall well short of the slashed projection of 17.5, and will revise down to around 15, perhpaps not even meeting that number.

The projections for 3DS were made with growth in mind for Europe and the US. Now that they see the big decline, their business strategy on the whole must change dramatically. In the short term they'll have to do the best they can to keep up 3DS sales.

In the long-term - they need a game changer. Badly.

I'm kicking myself too for not selling at 17.50$. Anywho, let's hope this investment works for the both of us.

before wii and ds nintendo was in the same position i mean they didnt loose money
but stock was the same..so no reason to blame anyone except stupid investors.

You do know Nintendo lost money for the first time in its publicly traded history last year, right?  Whose fault is that?

The fact Nintendo's stock price is trading today at pre-Wii, 2005 era levels, shows Nintendo has squandered opportunities and shareholder value.

Sure an investor can blame themselves ultimately for a bad investment, but a stock-share represents actual company value - and that's up to Nintendo.

Pikmin 3 would have to be lucky to beat Miyamot's last creation of love.  After all, selling over 3 million copies is no easy feat. 

yes i know.

and no its not just up to nintendo...this year they can sell everything they produce and stock will not go significantly up

Eh, part of the issue is that Iwata while making some mistakes did help keep the company afloat with the DS and Wii. The 3DS has stabilized and the Wii U is still fairly new and only been in Japan for a month.

Heck, truthfully, in Japan Nintendo is still doing good thanks to the DS/3DS, it is the other parts of the Western world where a lot of money is heading that they are having trouble retaining power. 3rd parties, specifically Japanese ones are also starting to switch toward Western markets and this is the real reason why Nintendo felt pressured to release the Wii U. Time will tell for the Wii U but at this point only its failure would cause a Nintendo head to leave the company. Miyamoto is on the way out mainly because he is old but even that may take a year or two and not before they have him release some highly promoted game they can market as his last.

Iwata-San!  I want more sales!