Author Topic: Nintendo Shares Lowest in Over Five Years  (Read 9010 times)

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Offline the_dan_x

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Nintendo Shares Lowest in Over Five Years
« on: June 09, 2011, 06:12:35 AM »

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.

Danny Bivens
Japan Correspondent
Nintendo World Report

Offline StrawHousePig

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Re: Nintendo Shares Lowest in Over Five Years
« Reply #1 on: June 09, 2011, 10:30:23 AM »
A more expensive console to turn around a sales slump? These days? Uh, not.


D0000M3D!!!




Though I myself do plan to purchase one.
Old gamers never die, we just run out of quarters.

Offline the_dan_x

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Re: Nintendo Shares Lowest in Over Five Years
« Reply #2 on: June 09, 2011, 11:07:26 AM »
The times are rough, and the waining interest in Wii due to the non-gamers drying up and the tough economy are partly to blame. d000m3d, indeed!  :P:

I'll be getting one day one myself, as well. I've been getting Nintendo consoles (and handhelds) at launch since the GameBoy Advance. I don't think I'll quit just yet.
Danny Bivens
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Nintendo World Report

Offline UncleBob

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Re: Nintendo Shares Lowest in Over Five Years
« Reply #3 on: June 09, 2011, 11:10:59 AM »
Curious - what did Nintendo's stock do after the first E3 where the Wii remote was shown?
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Offline Chocobo_Rider

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Re: Nintendo Shares Lowest in Over Five Years
« Reply #4 on: June 09, 2011, 12:00:18 PM »
Well surely THIS time Nintendo truly is doomed.

I mean, sure, it's been said about 500 times in the last 5 years but... THIS time.  Hella doomed.

@ UncleBob

I heard the same exact 5% dip happened after the Wii was shown.  And we all know that thing didn't make anyone a dime.

Online Ian Sane

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Re: Nintendo Shares Lowest in Over Five Years
« Reply #5 on: June 09, 2011, 12:20:14 PM »
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?

Offline Enner

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Re: Nintendo Shares Lowest in Over Five Years
« Reply #6 on: June 09, 2011, 01:05:47 PM »
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?


Probably both. From following video games news feed, I've noticed that stock holders are a fragile bunch. I guess you can't blame them when their money is on the line.

Offline Chozo Ghost

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Re: Nintendo Shares Lowest in Over Five Years
« Reply #7 on: June 09, 2011, 02:03:09 PM »
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...
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Offline Ceric

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Re: Nintendo Shares Lowest in Over Five Years
« Reply #8 on: June 09, 2011, 03:27:15 PM »
If you look at Nintendo's stock it has been on a decline for years.  I think part of that is trading on the Tokyo Exchange.
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Offline Lady Mushroom

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Re: Nintendo Shares Lowest in Over Five Years
« Reply #9 on: June 09, 2011, 03:39:42 PM »
Time to buy!
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Offline Chocobo_Rider

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Re: Nintendo Shares Lowest in Over Five Years
« Reply #10 on: June 09, 2011, 04:30:21 PM »
I'm just curious, is anyone reporting the stock prices for MS after their Kinect, er XBox, conference or Sony after their... so-so... conference?

By the way, I hate that modern gaming discussion treads into flappin' STOCK PRICES!!

Play.
fun.
games.
Period!


Offline Ceric

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Re: Nintendo Shares Lowest in Over Five Years
« Reply #11 on: June 09, 2011, 05:14:31 PM »
I think Sony might have gone up.  The General Press review is very positive about Vita coming out with its "Low Price".
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Online Ian Sane

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Re: Nintendo Shares Lowest in Over Five Years
« Reply #12 on: June 09, 2011, 05:23:07 PM »
Quote
  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...

See this is what I absolutely hate about the Wii.  Nintendo has a handful of games that sell so well for so long that they can coast and they DO.  You know why we don't get Xenoblade?  Because Nintendo doesn't HAVE to give us it to turn a profit so they don't care.  Why release only like two games for the Wii all year?  Because they can.  The Wii exposed something about Nintendo that I didn't want to know.

Offline Chocobo_Rider

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Re: Nintendo Shares Lowest in Over Five Years
« Reply #13 on: June 09, 2011, 05:52:37 PM »
@Ceric

Linky?

@Ian Sane & Chozo Ghost

I'm sure you're both very smart folks, in fact, I think I've seen you both say good things in other threads.

But let's see here, ah yes, it was alllllllllllll the way back in 2010 when we got No More Heroes 2, Metroid Other M, Kirby's Epic Yarn, Red Steel 2, Super Mario Galaxy 2, Monster Huntri Tri, DKCR, Epic Mickey, Sonic Colors, Tatsunoko VS. Capcom and GoldenEye007.

And if you didn't care about content, but ONLY game sales, Just Dance 2 says "hello!"

So let's see ... all this was when? Oh yea, LAST YEAR!  As in, the most recent possible year that isn't now.

Running on vapors? This is why we don't have Xenoblade??  shhhheeesh.

Online Ian Sane

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Re: Nintendo Shares Lowest in Over Five Years
« Reply #14 on: June 09, 2011, 06:07:08 PM »
Name a notable Wii game that came out in 2011.  We're SIX MONTHS in.  This isn't like January.  We're almost halfway through the year and the Wii has been a wasteland.  That's running on vapours.

Offline Chocobo_Rider

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Re: Nintendo Shares Lowest in Over Five Years
« Reply #15 on: June 09, 2011, 06:49:07 PM »
The Wii has been running on vapors ...

since January?

...for years.

Oh noes! Not six whole months without a notable release! It's almost as if I have time to play all the games I got at Christmas!

Offline Mop it up

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Re: Nintendo Shares Lowest in Over Five Years
« Reply #16 on: June 09, 2011, 06:56:28 PM »
This isn't exactly surprising, since Nintendo isn't currently doing so well in the market. Wii sales are slowing, and the 3DS didn't take off like Nintendo had hoped. Though, I do think it is a bit panicky and lacks foresight to sell now. The Wii U is a tough call right now since so little was shown, but there's still plenty of time to wait and see what kind of games will launch along with it. But the 3DS had a good showing, and with Super Mario 3D and Mario Kart on the way it's pretty much guaranteed to be a hot item this holiday.
« Last Edit: June 09, 2011, 06:58:03 PM by Mop it up »

Offline marty

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Re: Nintendo Shares Lowest in Over Five Years
« Reply #17 on: June 09, 2011, 07:13:26 PM »
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.

Offline Chocobo_Rider

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Re: Nintendo Shares Lowest in Over Five Years
« Reply #18 on: June 09, 2011, 08:38:54 PM »
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.

Offline ThePerm

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Re: Nintendo Shares Lowest in Over Five Years
« Reply #19 on: June 10, 2011, 12:53:30 AM »
Hey this is an n64 person perspective, but back in the day on older consoles once a new console was announced or even before then developers would stop developing for a console not because they knew games would stop selling anyways. Sales slow down like clockwork. If we came out in 2006 an had a 6 year life-span then the optimal time to have games out for it would be in 2008 and 9 when sales would be the highest. If you notice NIntendo always cuts off support for a system a year and a half before the new one comes out. Unfortunately the third parties cut out 2 years before hand making the drought even worse.
Also, wasn't everyone on a couple months ago complaining they had TOO MANY THINGS TO PLAY.

Check this out

Major releases starting from the n64 generation, most of these games were both games that Nintendo pushed and also sold well
N64
1996 starting holiday season
Mario 64, Wave Race, Pilot Wings 64, Mortal Kombat Trilogy
1997
Mario Kart 64, Goldeneye, Diddy Kong racing, Turok
1998
Zelda:OOT, 1080°, Banjo Kazooie, Mortal Kombat 4, Turok 2
1999
Resident Evil 2, Donkey Kong 64, Turok Rage Wars
2000
Zelda: Majora's Mask, Perfect Dark, Conker's Bad Fur Day, Paper Mario, Banjo Tooie, Turok 3
2001
Dr Mario 64

GCN
2001
Smash Bros Melee, Animal Crossing, Luigi's Mansion, Pikmin, Wave Race 2,
2002
Super Mario Sunshine, Eternal Darkness, Wind Waker, Metroid Prime, Resident Evil, Resident Evil 0, Starfox Adventures, Mario Sunshine,
2003
Donkey Konga, F-Zero GX, , Final Fantasy Chrystal Chronicals, Prince of Person:SOT, Soul Calibur 2, Viewtiful Joe, 1080 2.
2004
Donkey Kong Jungle Beat, Zelda: 4 Swords, Metal Gear Solid:TS. Metroid Prime 2, Paper Mario 2, Pikmin 2
2005
DDR Mario Mix, Donkey Konga 2, Geist,  Resident Evil 4, Star Fox Assault
2006
Zelda:TP

ok so ive been picky of the Wii selection, mainly because my time was limited and im less informed, and also broke. I bought 6 of these games and 2 resident evil games, but overall what is the bitching about. So 2011 will be a dry year, and maybe most of 2012. 2006 was a Dry year too. Who knows maybe Wii U is getting a september launch in 2012. Not like DS doesnt keep Nintendo afloat..that thing still prints money, also lost of 3ds games were announced to fill the void, don't have one? Get one.

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
« Last Edit: June 10, 2011, 01:05:59 AM by ThePerm »
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Offline leahsdad

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Re: Nintendo Shares Lowest in Over Five Years
« Reply #20 on: June 10, 2011, 01:07:28 AM »
Quote
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
 

BTW, you forgot, in no particular order:

No More Heroes 2
Silent Hill Shattered Memories
Capcom vs. Tatsunoku

Which were all good games that bombed, and:

Epic Mickey

Which sold well and was good, but the company that made it bombed anyway.
[Showing off game collection]

Oh yeah, I know I have 2 sealed copies of that game.   1 is for trading.  But people who collect Amiibos?  They really have a problem!

Offline Chocobo_Rider

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Re: Nintendo Shares Lowest in Over Five Years
« Reply #21 on: June 10, 2011, 03:15:42 AM »
@ThePerm

I love you (like a brother)

Thank you for being smart.

@leahsdad

All things considered, Epic Mickey sold REALLY well.  And someone must still be at work since the game just got green-lit for a Japanese release.  I'm so tired I'm blanking on the name of the main creator, Warren Specter? I'm pretty sure so long as he's around and the game keeps selling we have a good chance at a sequel.

Offline marty

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Re: Nintendo Shares Lowest in Over Five Years
« Reply #22 on: June 10, 2011, 08:47:59 AM »
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.


Just got rid of my 360 since nothing looked good on the horizon.  what games did I have?  Il-2 sturmovik, BioShock, Mirror's Edge, Skate 2, Beautiful Katamari, Worms, and Bionic Command Rearmed--you know all the most hardcore games for SERIOUS GAMERS. Assumptions, assumptions, ass...


Okay, so there is mario kart wii, the rubber banded racing game that pales in comparison to the DS version.
Mario Galaxy that has the lame limited power ups and linear, boring levels and zero challenge outside of the camera.
Metroid, well there's the gamecube left over. that was okay.  OR the great, story driven, space opera that needs someone to flush it.
Zelda--oh, yeah, the gamecube game (that was passable but nowhere near as good as any other console zelda game).


Retreads and inferior versions of better games?  That's why I should care about Wii?
Where were the awesome motion control games?  Nowhere?
Maybe you like worse versions of old games.... I'm not going to begrudge you for it.  I'm not going to pretend like I'm missing out on something when I'm not and I'm not going to pretend that I'm being served as a Nintendo customer when I'm not.

Offline Chocobo_Rider

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Re: Nintendo Shares Lowest in Over Five Years
« Reply #23 on: June 10, 2011, 01:15:40 PM »
@marty

OK, so, you can't find anything enjoyable on any Microsoft or Nintendo platform.

Ever consider the possibility that you don't like modern video games?

Nothing wrong with being a retro gamer if that's what you're in to.

Offline marty

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Re: Nintendo Shares Lowest in Over Five Years
« Reply #24 on: June 10, 2011, 05:21:58 PM »
NinSage,


I am retro/old school.  Retro/Old School is also where the money is.  NSMBWii was a system seller.  Mario Kart Wii was a system seller.  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--but nintendo changed directions as soon as they could.  Nintendo isn't following the market; they're doing something else.  It shouldn't be a surprise that their stock is falling--because the old school has proven many times over that they're not going to follow Nintendo/Sega/Sony/Microsoft.


For the record: Nintendo's stock rose after E3 2006's Wii unveiling.