It’s not been a good start to the New Year for Nintendo as the Kyoto based company fell the most in two months in Tokyo trading. This was primarily because SMBC Nikko Securities said that Nintendo’s entry into the smartphone market won’t make full contributions to revenue until the year ending March 2018. Shares in Nintendo dropped 7.6 percent which is the largest decline since October 29th. Operating income for the company is expected to be less than half the previous estimate. This is due to falling sales of the Nintendo 3DS and the low expectations surrounding the recently announced smartphone games.
Thanks, Ani Meister
Oh well
Good thing the nx console is console is coming out this year.
nx console is coming out this year*
Even if it does, they won’t see a significant profit until a year after release or so. This, of course, assuming it’s a regular home console.
They’ll get a stock price bump if the announcement around June creates a lot of positive buzz. If it doesn’t, then the stock would really tank.
That’s true too. I find it difficult to imagine a scenario in which there’s lots of positive buzz, to be honest.
Yup knowing nintendo
Not what I meant but whatever.
Lol, his comment sounds like something I would say.
NX Handheld maybe, NX Home Console, 0 chance of that. Nintendo is still making a profit across the board though, so it’s fine.
NINTENDO IS GOING TO FAIL! THEY’LL GO THIRD PARTY AND START RELEASING GAMES ON ALL CONSOLES. THAT’S MY PREDICTION.
Michael Pachter
I DON’T BELIVE THE NX WELL SAVE NINTENDO, THEY ARE GONNA DO THE SAME THING – MICHAEL PATCHER
Stock prices always fall after the holidays. This is nothing new.
That Mario picture makes me laugh every time I see it.