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Forums - Nintendo - Nintendo stock drops to its lowest in 3 years

From Bloomberg - http://www.bloomberg.com/apps/news?pid=20601101&sid=aU2jCBw3lQ84

 

 

 

"Nintendo, which counts the Americas as its biggest market by sales, dived 3.2 percent to 23,690 yen in Osaka trading, the lowest close since October 2006. That’s a month before the release of its flagship Wii game machine in the U.S."



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Nintendo is domed it seems. But worry not. NSMB will save the Wii.



 

 

 

 

 

OKey... so how is the Sony or MS stock doing??



If it isn't turnbased it isn't worth playing   (mostly)

And shepherds we shall be,

For Thee, my Lord, for Thee. Power hath descended forth from Thy hand, That our feet may swiftly carry out Thy command. So we shall flow a river forth to Thee And teeming with souls shall it ever be. In Nomine Patris, et Filii, et Spiritūs Sancti. -----The Boondock Saints

What matters most is profit.



I hate stocks, and stock holders, they confuse me



 

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2010 should boost their profits



 nintendo fanboy, but the good kind

proud soldier of nintopia

 

iBlah said:

I hate stocks, and stock holders, they confuse me

Tell me about it....i dont know which company is in the "is doomed" status. Please people, made up your mind already.



They still are doing decently, and over the long term, nothing short of spectacularly. Also, dont forget their dividends. Yummy, yummy, dividends! just hold the stock in the down time and it will zoom back up and youll still get your dividends.



What caused it? Is it because of the other companies recent price cuts?



Leatherhat on July 6th, 2012 3pm. Vita sales:"3 mil for COD 2 mil for AC. Maybe more. "  thehusbo on July 6th, 2012 5pm. Vita sales:"5 mil for COD 2.2 mil for AC."

Nintendo Wii's house of cards is about to be blown away this September.



Currently playing on PS3: God of War III

Currently playing on Xbox360: Final Fantasy XIII

Currently playing on NDS: Chrono Trigger