The unveiling of the Wii U did not convince analysts or stock holders.
http://www.nintendoworldreport.com/news/26702
After the unveiling of the Nintendo Wii U at E3 on June 7, shares for Nintendo have fallen 5.7 percent to 16,930, the lowest in more than five years and is leaving analysts to question whether or not Nintendo will be able to receive the same kind of success they did with the Wii.
“There were high expectations from the new version of the Wii and this fell far short,” Yusuke Tsunoda, an analyst at Tokai Tokyo Securities Co. stated. “People had expected to see something more at a big event like the E3, but there wasn’t really anything more than what’s already reported.”
Sales for Nintendo have been shrinking over the past two years, and Nintendo President Satoru Iwata is hoping that the Wii U will help to revive sales for the video game giant.
Is it because of a lack of faith in the Wii U or is the fact that at E3 Nintendo more or less revealed that the Wii is finished?
The Wii has been running on vapors for years. The system is still selling like hot cakes, but the games which are driving it forward are the same usual suspects that have been out since 2009 or earlier. Nintendo should be applauded because they managed to create about a dozen or so games which keep selling and driving system sales despite their age. Perpetual motion may be impossible by the laws of thermodynamics, but Nintendo has somehow managed to pull it off on the Wii. New games aren't needed, because the same stuff keeps selling and moving it along...
The Wii has been running on vapors ...
...for years.
I can't speak for investors but I think the Wii was the last Nintendo system I plan on buying for a while. They abandoned it quickly and never made a good motion control game beyond Wii Sports. Nintendo didn't make good on the Wii, I doubt the WiiU is going to be any different.
Wii
2006
Twlight Princess, Wii Sports, Red Steel, Wii Play
2007
Mario Galaxy, Metroid Prime 3, Dragon Quest Swords, Link's Crossbow Training, No More Heroes, Super Paper Mario, Wii Fit
2008
Smash Bros Brawl, Animal Crossing City Folk, Mario Kart Wii, Okami Wii,
2009
New Super Mario Bros, Wii Sports Resort, The Conduit, Dead Rising:CTYD, FFCC:CB, FFCC:EOT, , MadWorld, Monster Hunter Tri, Punch Out!,Wii Fit Plus,
2010
Mario Galaxy 2, Metroid: Other M, Goldeneye Wii, Kirby Epic Yarn, DKC Returns, Mario Sports Mix, Wii Party, Xenoblade
2011
Skyward Sword, Conduit 2
I can't speak for investors but I think the Wii was the last Nintendo system I plan on buying for a while. They abandoned it quickly and never made a good motion control game beyond Wii Sports. Nintendo didn't make good on the Wii, I doubt the WiiU is going to be any different.
A slew of Halo, Uncharted and G__ of War games await you, my good lad. May their rainbow of experiences fulfill you like Kart, Galaxy, Metroid, Zelda, etc, etc, etc, etc, etc, never could.
There's a reason that some people never bought anything else but Wii Sports--it's because Nintendo never followed it up with anything.
The Wii was supposed to be a return to the old school--
For the record: Nintendo's stock rose after E3 2006's Wii unveiling.
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