I think Nintendo is very much in transition at the moment. I know Iwata has only been dead for as few months but he didn't run the company in the typical way a businessman would, to be fair to him he ran it as a creator so if there was a Mario game in development for mobile and it wasn't near ready he would of slotted it at the back of the pack and pushed another more finished title to the front. The problem is that Nintendo is really in a hole at the moment so the new CEO has inherited this problem, you really can't blame him for it as he's been in the job less than two months but it will be a baptism of fire for being more transparent in the future.

Still, no Mario game on earth could excuse a $4.5 billion stock drop. I think you'd have to combine the profits of every core mario title ever to come up with that much. What were they expecting?

Pretty much any time I see negative Nintendo news data it's always going to be Shark related. Was hilarious a few days ago when nintendo posted a few positive enws articles and then a negative one related to this one shows up, Nintendo can't have any good enws without more bad news.

Eh, If he wants to be the bearer of bad news I'm cool with it. Someone eventually would have to do it, or worse in fact no one would report it at all.

Just didn't like that he didn't add his own input, but looking at my own comment, its the pot calling the kettle back type of situation :P. I'll just edit my previous post.

A bit unfortunate, though what really matters is how well the mobile games will preform..

Considering they were valued at MUCH lower before the DeNA partnership, they're still in very good shape. They'll survive, because the idiotic Japanese investors will flock right back when they hear "mobile" again. Japanese investors know absolutely nothing about the gaming industry.

Well, you cannot blame them when Nintendo"'s core gaming business hasn't been doing that well.

I agree, even though the smartphone market is currently the biggest industry right now, especially in Japan, Mobile is King! (or just iPhone, where 1 of every 2 smartphone in Japan is iPhone....). But gaming isnt get there yet.

One more thing that im afraid of is dropping in quality and reputation. When you think of Nintendo games, most of people think of high quality & fun games. But now you put those high quality games and make them into a casul free2play. the quality would of course dropped. It's like Bestheda announcing the next Fallout 5 will be a free2play game or Naughty Dog make the Last of Us 2 a smartphone game.

Pokemon however, is the perfect game for mobile since it have always been a "mobie" game. But Mario, Zelda ? That's gonna disappoint a lot of people :(.

Nintendo should make Flappy Bird like games imo. Totally new IP that work great on touch screens and are known ONLY to the mobile world. Leave traditional IP on dedicated hardware.

But you will be surprised whenever you start playing games on your phone.

Miitomo is the only f2p game they're doing, everything else will be premium. So no worries there. I expect things akin to Pokemon Shuffle (a f2p mobile game that's currently making Nintendo money in the app stores by way of their partial ownership of the Pokemon license). Plus, to be fair, there's not a similarity between a mobile TLoU2 and a mobile Mario; one is a clear sequel whereas the other is a franchise known for dozens of spin-offs. The Nintendo brand has been built in such a way that mobile could've been a thing for them when smartphones took off had they not taken so long to stop with their conservatism. I'm still 100% positive they'll recoup all this lost value very soon. They'll probably be a good third of the way back to the Wii era by the time Miitomo launches solely by virtue of Japanese investors blindly diving into mobile companies. 

I'm talking about the fact that many of these investors have literally had to ask for an explanation at the investor meetings what games are and how that affects their stock. I wish I could recall the exact quote the one moron had; I'll paraphrase it as "that's good and all, but how does that make me money?" Which would be understandable in some contexts, except in those where the person speaking is throwing money at a volatile market they know literally nothing about and expecting good things. You don't invest without doing research. Seriously, look at the transcripts of some of these meetings, especially the early 2014 ones. It's so painful to see the heads of Nintendo have to explain these basic, timeless games to a bunch of middle aged men.