Rumour - PS3 price cuts planned for March 2009
Only 4% of games ever turn a profit, says EEDAR
Yamauchi - Gran Turismo still in the works for PSP
October 3rd, 2008 @ 07:48
According to this Bloomberg report, Nintendo investors clearly weren’t impressed with the firm’s DSi announcement yesterday, with the company’s shares falling 3.7 percent in the aftermath.
The stock rested at 39,500 yen on the Tokyo Stock Exchange. The stock, which more than doubled in each of the past two years, has lost 41 percent in 2008, while Sony shares dropped 51 percent.
“Nintendo’s announcement on the DS didn’t exceed investors’ expectations,” said Yoku Ihara, head of equity research at Retela Crea Securities Co.
“The stock market was so bearish that the news didn’t help the shares gain.”
More through the link.
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October 3rd, 2008 at 8:54 am
Stock markets are mysterious things. I wonder ifthey will be outlawed in the future?
Nintendo: “Look at our new product”
Market: “SELL!”
October 3rd, 2008 at 9:59 am
LOOK! What’s that?!? It’s another DS! Oh, yeah.
October 3rd, 2008 at 5:15 pm
madness, what were they expecting? an apple move? NEWER MORE FANTASTIC CHEAPER
October 5th, 2008 at 10:13 pm
Not just ANOTHER DS. But a GOOD DS.
xD