Nintendo Stocks Fall after Wii U Reveal

Do investors really trust in Nintendo?

Not long after Nintendo unveiled their Wii U console, something unexpected happened. Nintendo stocks had dropped by a little more than 5% on the market. It seems the new console has left a lot of investors skeptical about its potential for success. An analyst has gone on to say that the machine’s success rate is unclear at this time. Of course, this could turn around between now and before the Wii U launches if they convince their investors that this new console can stand up in today’s market against the other heavy hitters. Don’t forget that a lot of people were skeptical of the first Wii as well before it blew up into a phenomenon. Lately, Wii sales have been taking a hit but overall Nintendo is still holding the title of most consoles sold over Sony and Microsoft. The Wii U is to be released sometime next year.

[Image via Engadget]

Mikey Kenney
Mikey Kenney
Mikey Kenney

Podcast Host

Mikey has been playing fighting games since he could reach the arcade stick and buttons. While not be ever being tournament ready he strives to do better. Loves pure action games and enjoying bonkers jrpgs. He's just you're average gaymer.

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