In a dramatic turn of events Nintendo’s shares have fallen to a five year low after the company revealed the Wii U at its press conference yesterday.
The reason for the sharp drop is not readily apparent but it may have to do with the fact that there was no actual Wii U software shown off at the show, coupled with the fact that most of the information regarding the controller has leaked online before the press conference.
“There were high expectations from the new version of the Wii and this fell far short.”
“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.”
– Analyst Yusuke Tsunoda.