1. Joe88

    OP Joe88 [λ]
    Global Moderator

    Joined:
    Jan 6, 2008
    Messages:
    12,620
    Country:
    United States
    Nintendo stocks fall after announcing price & release date

    Source: http://www.reuters.com/article/idUSTOE68S00F20100929

    not surprised, alot of displeased people, probably alot of pre-order cancellations
     
  2. injected11

    injected11 Crescent Fresh™
    Member

    Joined:
    Jul 17, 2009
    Messages:
    1,776
    Country:
    United States
    Ish happens when people blindly believe rumors and get their own hopes up.
     
  3. Hop2089

    Hop2089 Cute>Hot
    Member

    Joined:
    Jan 31, 2008
    Messages:
    3,808
    Country:
    United States
    People need to adapt to change these days. So a little delay happened, that's expected in any tech market.
     
  4. trumpet-205

    trumpet-205 Embrace the darkness within
    Member

    Joined:
    Jan 14, 2009
    Messages:
    4,363
    Country:
    United States
    I think people are more displeased about the price than release date.

    Nintendo dropped a bomb at a tough economy time.
     
  5. Hadrian

    Hadrian Everybofy knows badgers like MASH POTATOES!
    Former Staff

    Joined:
    Oct 12, 2004
    Messages:
    16,984
    Country:
    United States
    So tough that many can buy the latest iDevice every year.
     
  6. purechaos996

    purechaos996 GBAtemp Advanced Fan
    Member

    Joined:
    Nov 5, 2008
    Messages:
    793
    Country:
    United States
    not me still have my 1st Gen Mini. And I actually have a Job.
     
  7. Canonbeat234

    Canonbeat234 Redeemed Temper
    Member

    Joined:
    Sep 24, 2008
    Messages:
    2,276
    Country:
    Portable musical/social box=/= Handheld

    Nintendo is wise, they can make more money next year during the spring time on the products while making money just by producing games this year. It does make you wonder why companies release new products on dry spells aka nothing good is coming out/nothing worth mentioning.
     
  8. lcleong

    lcleong GBAtemp Fan
    Member

    Joined:
    Jul 5, 2008
    Messages:
    356
    Country:
    Malaysia
    EPIC WIN!! as expected from the begining!! [​IMG]
     
  9. Hop2089

    Hop2089 Cute>Hot
    Member

    Joined:
    Jan 31, 2008
    Messages:
    3,808
    Country:
    United States
    Grants more time for people to plan and/or save.
     
  10. Sterling

    Sterling GBAtemp's Silver Hero
    Member

    Joined:
    Jan 22, 2009
    Messages:
    4,023
    Country:
    United States
    Golden Sun, US release of Black and White.

    Nearer: Super Scribblenauts, FF Four Warriors of Light, Lufia, Pokemon Ranger, etc.

    Conclusion there are tons of games coming out that will interest people.

    Honestly, I am fine with the price. It's totally next gen, and there are tons more new features; they make the price justified.
     
  11. Master Mo

    Master Mo F.R.E.E.
    Member

    Joined:
    Nov 22, 2005
    Messages:
    2,181
    Country:
    Germany
    Yeah, the stocks went up by 9.7 percent when they announced the unit (source) and I don`t see anybody posting that when that increase happened... Why, you guys might ask yourself now? - Because nobody gives a shit!!! Honestly, who does?

    And as far as I can see most people (at least here on the forum) are very pleased with the unit itself (no surprise - sexy softwarelinup [​IMG]) and also with the release date (European people had to wait nearly 4 month for the original DS to hit European shores and now we`ll get the 3DS at nearly the same time with all the other territories!!!). However the price is debatable but I have to wait til Nintendo confirms a price for Europe to actually judge it.
     
  12. nando

    nando GBAtemp Addict
    Member

    Joined:
    Jan 1, 2008
    Messages:
    2,264
    Country:
    United States
    stocks usually go down when a company announces something.

    everytime apple announces a new device their stock goes down. it has nothing to do with appeal of the product, stocks are just manipulated by rich people to make more money no matter what. they'll drive prices down to force small share holders to sell and then they make the stocks shoot up. happens all the time
     
  13. Hadrian

    Hadrian Everybofy knows badgers like MASH POTATOES!
    Former Staff

    Joined:
    Oct 12, 2004
    Messages:
    16,984
    Country:
    United States
    Pretty sure Cannonbeat meant at the time the 3DS is meant to launch and not during this holiday season.
     
  14. Rock Raiyu

    Rock Raiyu Clock Up
    Member

    Joined:
    Jul 14, 2007
    Messages:
    5,067
    Country:
    United States
    It'd be nice to buy some of their stock and cash in now lol
     
  15. yuyuyup

    yuyuyup GBAtemp Psycho!
    Member

    Joined:
    Apr 30, 2006
    Messages:
    3,673
    Country:
    United States
    every day will be miserable till March, I'm gonna start cutting myself
     
  16. The Pi

    The Pi Lurker
    Member

    Joined:
    Mar 18, 2010
    Messages:
    1,637
    Country:
    Thats what I thought as soon as I saw the thread title [​IMG]
     
  17. TM2-Megatron

    TM2-Megatron Predacon Commander
    Member

    Joined:
    Feb 10, 2009
    Messages:
    1,187
    Country:
    Canada
    Not surprised. Personally I hope this is a wake up call for them. That kind of price, that soon after Christmas? Bad decision. I would've been more than happy to pay that price in November, but not February March.
     
  18. Satangel

    Satangel BEAST
    Member

    Joined:
    Nov 27, 2006
    Messages:
    10,269
    Country:
    Belgium
    If I was into stocks I would keep an eye on the stocks from now on and buy them when they have dropped a few dollars. They are still going strong and the 3DS just has such an epic line-up it's hard to believe they will keep dropping.
     
  19. GeekyGuy

    GeekyGuy Professional loafer
    Former Staff

    Joined:
    Jun 21, 2007
    Messages:
    4,891
    Country:
    United States
    [​IMG]

    Knew someone would have to bring it up. It's not a completely unfair comparison perhaps, but still...the 3DS, for all intents and purposes, will focus solely on games. iPhone, for example, offers a lot more in terms of communications and media. Now, before you bring up the fact of a monthly service fee, consider the likely cost of a piece of software for 3DS versus iPhone, etc.

    No one knows for sure what prompted Nintendo stock to drop (if it, indeed, did fall within the context suggested), but that price was still a pretty huge matzo ball to drop on gamers. I know I can't afford $300. It will, of course, likely come in closer to $250 here in the States, but still...my ass is already puckering up. [​IMG]
     
  20. thebigboss14

    thebigboss14 GBAtemp Fan
    Member

    Joined:
    Jun 20, 2008
    Messages:
    352
    Country:
    United States
    Really the price its the hardest thing and not actually the release date because it's going to give me time to save the money. [​IMG]
     
Draft saved Draft deleted
Loading...

Hide similar threads Similar threads with keywords - announcing, Nintendo, release