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I can't help but wonder if it wasn't more about the PS Vita than about the Wii U. Nintendo has been highly dependent on handheld profits (a damn near monopoly) for well over a decade. The PS Vita's 250 dollar price tag seems like a MAJOR problem for the 3DS.
I never, ever thought the PS Vita would match the 3DS price. Considering how dependent Nintendo is on handhelds.. this would be a reason not to buy Nintendo. Wii U.. who knows. I think there's a good chance it will create excitement.
I never, ever thought the PS Vita would match the 3DS price. Considering how dependent Nintendo is on handhelds.. this would be a reason not to buy Nintendo. Wii U.. who knows. I think there's a good chance it will create excitement.
I was one of those people at beginning... And I'm still confused. Will the controller cost more than normal now because it's like a handheld, but not really? How much will the whole thing cost? Will I be able to use the controller as another DS, so people who has 2 Pokemon games can transfer their Pokemons?
Well, I think they have a problem in the handheld market. Now they have a console with about PS2 graphics (at best) vs a handheld with hightech graphics and a HD display.. I doubt that the 3D will outshine the PS Vita at the same Pricepoint.
Honestly, dated hardware with nothing but a gimmick to help its sales has already proven to be a major success with the Wii. Why would investors expect Nintendo to do anything different?
Maybe they pulled their support to jump on the PSVita bandwagon? That was probably a good idea of them, if they did. Hell, who knows, Sony may use the PSV to do some of the same shit the WiiU can do. They can use future PS3 games to sell a shitload of those things.
Maybe they pulled their support to jump on the PSVita bandwagon? That was probably a good idea of them, if they did. Hell, who knows, Sony may use the PSV to do some of the same shit the WiiU can do. They can use future PS3 games to sell a shitload of those things.
I'd sell my stock if I had any. Nintendo consoles are always a gamble and it's a gamble I have lost ever since the N64 in terms of the console just dying from lack of support years before it should have.
I just want to know what happened to Microsoft's stock though.
I just want to know what happened to Microsoft's stock though.
I think the device looked solid, but the release date is a fail, one has to wonder how relevant this thing will be when it's released.
Meh, it's just people in suits throwing a fit that it's not the 360/PS3. I hope it'll turn out great, and I hope it really gets a strong 3rd party backing so my dreams of console gaming on the toilet can be fulfilled!
Only thing that worries me is the absence of actual tech specs for the Wii U, the fact tablet controllers wont be sold separately and that Nintendo's naming stinks. We'll see though eh, Nintendo Stinky!
Only thing that worries me is the absence of actual tech specs for the Wii U, the fact tablet controllers wont be sold separately and that Nintendo's naming stinks. We'll see though eh, Nintendo Stinky!
And as soon as all the details are revealed at next year's E3 Nintendo's stock will reach an all-time high.
The PS Vita probably had nothing to do with this drop. Analysts are far and away more interested in how the smartphone game market may take a bite out of the dedicated portable gaming market than how Sony might take a bite out of the 3DS market. Frankly, both the 3DS and Vita could very well flop thanks to smartphones offering tons of cheap 10 minute game affairs, and publisher's increased willingness to really unleash great games oh phones.
This is just speculation made by people who are paid to speculate. You know, the kind of thing Patcher gets reamed for every day.
This is just speculation made by people who are paid to speculate. You know, the kind of thing Patcher gets reamed for every day.
Apparently a bunch of analysts are pissed because Nintendo didn't demonstrate that it will incorporate some sort of social gaming and networking aspect. Apparently if you don't connect your console to Facebook, it's going to fail.
@OneRed
Its true that mobile gaming has gone to the phones since, well, every fucking body has a phone. That doesn't change the fact that there's a huge market for dedicated gaming devices. The 3DS sold well, and there will be tons of people who weren't interested in the 3DS that will jump on the PSV. Will they out do mobile phones. Hell no. Will they do great for what they are. Of course they will.
Its true that mobile gaming has gone to the phones since, well, every fucking body has a phone. That doesn't change the fact that there's a huge market for dedicated gaming devices. The 3DS sold well, and there will be tons of people who weren't interested in the 3DS that will jump on the PSV. Will they out do mobile phones. Hell no. Will they do great for what they are. Of course they will.
Maybe the disapointing sales of the 3DS got people to stop thinking Nintendo console print money. This is, of course, just me guessing here.
I think it's mostly because of the terrible conference, after reading much more on the WiiU, I feel much more confident about it. During the conference? It seemed terrible.
it's just a lack of games for 3DS but look what's coming over the hill monster hits landing this side of crimbo as for wii u again something different what's nintendo to do they've offered us HD and mega storage on disc and people still bitch holy banana's you can't please anyone these days......
Lol, crappy deal but the shareholders has spoken.
People got scared because they didn't know what Nintendo was/is up to just like a lot of people on this website thought.Especially after the fact that Nintendo said all the screens for "ports" were from the 360/PS3 version. People were already gushing over the fact that the games looked "so much better" then their counterpart console versions and then had to stick their foot in there mouth when they found out they were all the same.
If PS3 or 360 do anythign in the next year or two this will be old news.
@acetated
I take you are a fortune teller or that you are a billionare from buying and selling stocks? How did the 3DS do...
@MuddBstrd
Is this what you think or do you have proof? Social networking doesn't set the bar for what fails or succeeds.
.
People got scared because they didn't know what Nintendo was/is up to just like a lot of people on this website thought.Especially after the fact that Nintendo said all the screens for "ports" were from the 360/PS3 version. People were already gushing over the fact that the games looked "so much better" then their counterpart console versions and then had to stick their foot in there mouth when they found out they were all the same.
If PS3 or 360 do anythign in the next year or two this will be old news.
@acetated
I take you are a fortune teller or that you are a billionare from buying and selling stocks? How did the 3DS do...
@MuddBstrd
Is this what you think or do you have proof? Social networking doesn't set the bar for what fails or succeeds.
.
@OneRed
This is in Japan. I guarantee you, they care about the handheld market. The PSP and DS still outsell the consoles over there. The 3DS just possibly sustained a blow in the Japanese market. Sony didn't display the price in yen for nothing, especially with Kaz on stage.
This is in Japan. I guarantee you, they care about the handheld market. The PSP and DS still outsell the consoles over there. The 3DS just possibly sustained a blow in the Japanese market. Sony didn't display the price in yen for nothing, especially with Kaz on stage.
Lol@people not knowing how stocks work. Stocks dropping isn't always bad shit. Here, it's just a piece of speculators holding back from buying because they expect themselves to be part of the huge demand push. Collectively, however, the demand push never comes. Share prices drop. That's all there really is to it.
It's their own fault for being vague and holding a confusing press conference, even me a rabid Nintendo fanboy was skeptical, after I've seen some hands on video and read some write ups on it I've become optimistic about it, and am looking forward to hearing more, but that was afterwards. If I was a non gaming stock holder I probably would have done the same thing. They'll be fine.
"Wii U is just an awful, abysmal name. Who comes up with this shit?"
That's something we can all agree on.
That's something we can all agree on.
I figure it's just because there's not too much info yet.
"People are puzzled whether this will really sell,"
I'd say that makes sense. We can't be sure how it will sell since we're hardly even sure what it will do. We have an early indication sure, but all the major stuff is yet to come.
Come back next year, see an entire conference about WiiU, including trailers for upcoming first party titles, and watch the stocks soar.
"People are puzzled whether this will really sell,"
I'd say that makes sense. We can't be sure how it will sell since we're hardly even sure what it will do. We have an early indication sure, but all the major stuff is yet to come.
Come back next year, see an entire conference about WiiU, including trailers for upcoming first party titles, and watch the stocks soar.
As said by many posters already, the 3DS is to blame due to handheld being Nintendo's bread and butter.
I expect the 3DS to sell well in all regions except Japan.
Holiday 2011 you can expect a price drop and Super Mario being released to combat the PSVita.
I expect the 3DS to sell well in all regions except Japan.
Holiday 2011 you can expect a price drop and Super Mario being released to combat the PSVita.
@TheNephilym
I agree, but analysts wouldn't hit Nintendo hard based on Sony's new handheld. Thats all I'm saying there. The speculation as to how hard Sony could hit Nintendo's handheld market share is a lot less pertinent to the overall market than how hard smartphones will hit the entire market as a whole. Devs releasing good $15 games on the iPhone is a much bigger threat to both Ndawg and Sony than they are to eachother, especially considering the price of handheld games on the 3DS, and what I can only assume that Vita games will be pushing north of $40 with the added potential costs of a data plan on top of that for the online features.
I think MuddBstrd hit the nail on the head for the most part. Consoles are moving more towards media and social network boxes than ever before, and it's being pushed harder than the games themselves. Gamers will buy games, but we're a captive market (choose between a few systems that play mostly the same games, one system meant more for the casual crowd, or spend tons of money on a good gaming PC), it's the market outside of the dedicated gamer that Sony and MSoft are after. Until Nintendo hops on board with all the faux social stuff like Facebook, analysts are going to assume less sales.
I agree, but analysts wouldn't hit Nintendo hard based on Sony's new handheld. Thats all I'm saying there. The speculation as to how hard Sony could hit Nintendo's handheld market share is a lot less pertinent to the overall market than how hard smartphones will hit the entire market as a whole. Devs releasing good $15 games on the iPhone is a much bigger threat to both Ndawg and Sony than they are to eachother, especially considering the price of handheld games on the 3DS, and what I can only assume that Vita games will be pushing north of $40 with the added potential costs of a data plan on top of that for the online features.
I think MuddBstrd hit the nail on the head for the most part. Consoles are moving more towards media and social network boxes than ever before, and it's being pushed harder than the games themselves. Gamers will buy games, but we're a captive market (choose between a few systems that play mostly the same games, one system meant more for the casual crowd, or spend tons of money on a good gaming PC), it's the market outside of the dedicated gamer that Sony and MSoft are after. Until Nintendo hops on board with all the faux social stuff like Facebook, analysts are going to assume less sales.
Well, mobile gaming was big in japan since years before the iPhone (and everybody that now plays game on iPhone laughed at them and said that we sophesticated westernes user our mobiles just to communicate, because we aren't little kids like those japanese guys) so Sony and Nintendo know the "problem" since a way longer time. And they did get that the core gamers don't give a flying shit about mobile games because they are minigames and its awkward to controll anything sophisticated without a controller.
@OneRed
Actually, I think you make some great points! Never thought of social media that way as I personally don't want social media mixed in with my games but the casual market sure as hell does.
Actually, I think you make some great points! Never thought of social media that way as I personally don't want social media mixed in with my games but the casual market sure as hell does.
That conference was terrible. So many people are questioning the cost of playing 4 player etc on wii U (fuck that name btw) and the answer to that is, the same as always. You can only have ONE tablet controller per system. The fact that they didn't even establish that, announce any titles except 3rd party and SSB. Just Ug. They needed more concrete details.
"You can only have ONE tablet controller per system." - Yeah, if this is true.. goodbye Wii U hype. It was nice for a second there....
Yeah, didn't the same think happen when the Wii was announced? I'm just chalking it up as a kneejerk reaction to investors without imagination.
Don't people understand that another HD console with a standard controller would have failed even worse?
Would have got lost in the "crowded ocean" or whatever the fuck metaphor Ninty used years back.
They needed this. And it will work fine. Doubting Nintendo seems to be a new hobby for everyone, but it all ends up reversing itself.
Even the downtrodden 3DS is picking up, fast.
Would have got lost in the "crowded ocean" or whatever the fuck metaphor Ninty used years back.
They needed this. And it will work fine. Doubting Nintendo seems to be a new hobby for everyone, but it all ends up reversing itself.
Even the downtrodden 3DS is picking up, fast.
It's because they didn't show any actual games, and because they used Wii games to demonstrate the functions in the trailers. Nintendo screwed up, their presentation wasn't clear enough.
Personally, I AM getting a Wii U :D
Personally, I AM getting a Wii U :D
Wider appeal to all gamers? Lies. They have nothing that appeals to me, and nothing that makes me want to buy Wii U. With PS3/360/PC, I got all bases covered.
Nah, the PS Vita won't be much of a dent for 3DS as the games start trickling down. Just like PSP and DS have a bit of different audiences (I have a crapload more DS games than PSP ones).
What I do agree is that the Wii U was confusing and I'm not really digging it myself. Personally it feels kinda lazy to just use the Wii name again, but then again Sony has been doing it for playstation through their four consoles (PS, PS2, PS3, PSP) and that means nothing when it comes to their library of games.
What I do agree is that the Wii U was confusing and I'm not really digging it myself. Personally it feels kinda lazy to just use the Wii name again, but then again Sony has been doing it for playstation through their four consoles (PS, PS2, PS3, PSP) and that means nothing when it comes to their library of games.
I think it was a combination of several things that hurt their stocks. As mentioned, bad name and a bad press conference, they know investors watch these things and they didn't impress. Combine that with the as mentioned tougher challenge from Sony in portables with the Vita's $250 price point. And the last thing is that Wii sales have been slowing, now that they have officially announced the Wii U for 2012 (and probably late 2012) to the world what reason is there to buy a Wii? None, and that will hurt profits as well.
all this speculation is really silly. the same basic arguments were made when the wii was announced. skepticism for skepticism's sake is stupid. as a wii owner, i'm psyched that i'm not going to have to buy a set of new controllers with wii u. i'll have everything i'll need day one, right out of the box. i think the controller has many possible uses, and don't hold it against them that the software hasn't been developed yet. interestingly, this really gives all of the software developers the same starting point. i'm sure that's got to be tempting to plenty of major 3rd parties, so i'd say this is probably the best move they could make in regards to said 3rd parties.
Eh, I'm honesty not surprised. Then again, I think it'd be even worse if Nintendo just released an HD console similar to the 360/PS3 but better. Instead of all you whiners complaining about how weird the controller was, you'd all be complaining about how similar it is to the 360/PS3 to justify not buying one.
I'm pretty sure stocks took quite a hit when the Wii was announced as well. Just the typical flow of business. Who wouldn't be somewhat skeptical of the Wii U when Nintendo revealed so little about it?
I'm pretty sure stocks took quite a hit when the Wii was announced as well. Just the typical flow of business. Who wouldn't be somewhat skeptical of the Wii U when Nintendo revealed so little about it?
WOW!!! How many commentators here own and trade stock let alone Nintendo's. Lets see the Japan market is all messed up over the nuclear plant disaster, damage to infrastructure, and a bail out. So over all trading for Japan will not preform that well as of right now. With the release of information on the Wii-U investors (as said in a way) can't make heads or tails of it. Let us not forget also there is no price point, and firm release date. There are just to many factors to make the stock a solid buy. Now, for me I am buying up Nintendo stock like it is candy. If you look at moving averages and take out all of the speculation you have a stock that will do nothing but go up with in the next year. I all ways like to say don't fallow your heart, fallow the charts.
I trade and look at charts every day. Most of these comments feel like people talking about baseball that have never seen a game ever played.
I trade and look at charts every day. Most of these comments feel like people talking about baseball that have never seen a game ever played.
I agree with the 3ds being the reason instead of the the Wii u. Since the PSP sells like hotcakes in Japan (more than any other console I believe) then of course Japanese investors are going to invest away from something else (most likely the PSV)
Didn't any of you stop to think that maybe the reason the stock value fell was because, contrary to speculation, the hardware is releasing next holliday season rather than this one?
No, of course not.
No, of course not.
So, I guess it's Samit's job to troll E3.
Cool story bro. I heard another Madden game is coming out, you'll probably buy it.
Cool story bro. I heard another Madden game is coming out, you'll probably buy it.
Many Japanese companies of late aren't exactly showing promising signs.
I remember after the tsunami how people were all investing in Japan, and I was like "No! The country's in a long-term spiral of decline!".
I mean it is true that the Japanese rebuild remarkably quickly but things aren't going their way these days.
Then again, I think people were jumping the gun by selling stock so early. I'm sure many people weren't so comfortable about the Wii when it was announced. The measure of success for a Nintendo console ties into is ad campaining. Ya see the 3DS might've done better and instilled confidence if they advertised it a whole lot more but they didn't, hence they couldn't create the buzz.
Either way people should wait to see how Nintendo markets this console first before they think of selling stock.
I remember after the tsunami how people were all investing in Japan, and I was like "No! The country's in a long-term spiral of decline!".
I mean it is true that the Japanese rebuild remarkably quickly but things aren't going their way these days.
Then again, I think people were jumping the gun by selling stock so early. I'm sure many people weren't so comfortable about the Wii when it was announced. The measure of success for a Nintendo console ties into is ad campaining. Ya see the 3DS might've done better and instilled confidence if they advertised it a whole lot more but they didn't, hence they couldn't create the buzz.
Either way people should wait to see how Nintendo markets this console first before they think of selling stock.
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