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Forums - Nintendo - Nintendo stocks drop 56.59%, what is happening? EDIT: 'Twas a glitch

Mummelmann on 28 April 2017
Oneeee-Chan!!! said:
Mummelmann said:

http://gamrconnect.vgchartz.com/thread.php?id=228028

This is possibly a result of sabotaging their own future and being idiots yet again. I honestly don't know what the fuck they're thinking at all these days, or whether they're thinking at all.

Stocks didn't drop.

Then disregard everything I said.

Or not. I still believe they're making a huge mistakes with yet another 3DS line revision amidst the Switch launch period.



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Soundwave on 28 April 2017
Mummelmann said:
Soundwave said:

Well you say that as if US and Japan aren't huge markets. They're also pretty well sold out in France and Germany so 2/3 top Euro markets as well. UK is the only market that I think it's not constantly sold out in and even there it's selling well. 

2DS/3DS at this point in its life cycle is just for little kids who wouldn't be buying a Switch anyway. For the person who owned a 3DS for like 4-5 years it's not as if they're going to see 2DS XL and say "hey, I'm just going to stick to my 3DS". They're ready to move on in many cases, Nintendo just needs to get more Switch software out and more stock to stores. 

What have we learned about products selling out over the 7th and 8th gen though? It's quite common for consoles to be sold out in the beginning, it's not automatically an indication of future greatness. With the Wii U being an utter disaster, I can only imagine how eager a lot of Nintendo fans and other core customers were to get their hands on some fresh hardware that wasn't a Wii U. We don't know anything about its long term demand or actual baseline so all of this is premature for now. And, as I've said countless times, I believe the Switch has a form factor that will severely hamper it in the mass market, leaving a relatively small pool of customers as long the 3DS line is an option for people who want a cheaper Nintendo handheld.

Again, I think this is a terrible move, feel free to disagree though. We'll see what happens once it has all played out and some baselines can be seen for the Switch, as well as the impact of the 2DS revision.

It's already playing out well enough. Nintendo can focus more on adults with Switch for the time being because kids have the 3DS. 

Nintendo having to cater to both markets creates a huge problem because you can't market a product like a toy and expect adults/teenagers to want one, but you can't sell a high end $300 piece of tech to 7-year-olds either. 

This is a better solution, hell I say let the 3DS stick around for years to come and just sell back catalog 3DS and DS games for it digitally. It's good enough for little kids they don't need anything better than Mario 3D Land and Mario Kart 7 and Kirby and Pokemon, it's still a better game experience than a smartphone and gets them primed for their older years when they'll be ready for a Switch. 



HintHRO on 28 April 2017

I know investors can be stupid as hell. They are pessimistic about everything Nintendo does except when they invest in mobile. Even when they make big and exciting announcements which gives every normal gamer a boner, the stocks drop. Still, this is most likely an error indeed, especially when you consider the Switch's success.



Oneeee-Chan!!! on 28 April 2017
Mummelmann said:
Oneeee-Chan!!! said:

Stocks didn't drop.

Then disregard everything I said.

Or not. I still believe they're making a huge mistakes with yet another 3DS line revision amidst the Switch launch period.

If you want to discuss about Nintendo.

Move to Nintendomination thread.  



Oneeee-Chan!!! on 28 April 2017

Today

 

 

 

Past one week

 



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Barkley on 28 April 2017

Glitch fixed on yahoo, now stays at -3.4% not -56.59%. xD



Soundwave on 28 April 2017
Barkley said:

Glitch fixed on yahoo, now stays at -3.4% not -56.59%. xD

Just a glitch then. 



Vertigo-X on 28 April 2017
Mummelmann said:

http://gamrconnect.vgchartz.com/thread.php?id=228028

This is possibly a result of sabotaging their own future and being idiots yet again. I honestly don't know what the fuck they're thinking at all these days, or whether they're thinking at all.

I'd liken this to Gameboy Micro after the DS was released, only... There's no overlap this time. DS was competing with GBA even though they were priced differently (though not significantly so). This is half the price of Switch.

I suppose it's easy to see why this wouldn't sell, but...



The BuShA owns all!

Kai_Mao on 28 April 2017
HintHRO said:
I know investors can be stupid as hell. They are pessimistic about everything Nintendo does except when they invest in mobile. Even when they make big and exciting announcements which gives every normal gamer a boner, the stocks drop. Still, this is most likely an error indeed, especially when you consider the Switch's success.

It's funny, but there's also a good amount in the community pessimistic about Nintendo still to this day. Whether we all agree or not, there are still pessimists akin to that of the investors, though most in the gaming community probably wouldn't care for mobile. Case in point the announcement of the N2DSXL making some here say it's a bad move. Especially when hardware and software sales are up for the 3DS in general and when the new revision gets released around the time alongside DQXI, Ever Oasis, and Hey! Pikmin.



WolfpackN64 on 28 April 2017

Stock Markets are not rational things, they're like the emotional state of capitalism, all over the damn place.