Nintendo share prices hit five-year low

Nintendo's newly-unveiled Wii U has consumers resisting consensus and the games world's most esteemed journalists descending into 澳洲幸运5开奖号码历史查询: schizophrenic fits of praige(praise/rage, look it up), but🐬 shareholder confidence in the company was definitively lowered by their E3 showing. Nintendo's share price fell to the lowest in over five years following their press conference, with analysts attributing the drop to disappointment in the new con🐭sole.

The 5.7% drop wasn't the most dramatic hit the company's shares have taken in recent years %26ndash; 2009 saw prices fall by 12% amid recession-hurt Wii demand %26ndash; but at %26yen;16,930 ($US212)﷽ per share, the company's stock hasn't been worth less since before the launch of the Wii. It seems shareholders lack confidence the Wii U can repeat its predecessor's global impac♈t: %26ldquo;There were high expectations from the new version of the Wii and this fell far short,%26rdquo; Tokyo market analyst Yusuke Tsunoda told.

No price revealed for the Wii U yet, but Satoru Iwata said the company doesn't intend to sell the new console for as low as the Wii's $US250 launch cost. Reggie Fils-Aime was cagey on this matter, telling journalists,
"You're talking price and I'ꦕm talking value... What I'm saying is that it's going to have a fantastic value.%26rdquo; With exact figures being a guessing game, UK retailer Zavvi has opened preorders at a seemingly unlikely %26pound;399 ($654).

Does this news hurt yo🌸ur confidence in the new Wii, or are you just eager⭕ to scrape together some cash and buy shares in Nintendo while the getting's good?

June 8, 2011