Nintendo Stock Takes A Hit
By Dr. Eleanor Vance | Published on January 01, 0001
The market didn’t take the news of Nintendo’s year-over-year [[link]] drop in Wii sales well. Despite having the bestselling hardware in the United States, that 17% drop in sales did some damage to Nintendo’s stock price.
While the week was mostly positive for Nintendo—it had announced sales of 435,000 Nintendo DSi handhelds in its first week—it appears that yesterday’s data on an industry-wide drop in sales hit Nintendo squarely in the stocks. Bloomberg reports that the stock dropped about 6.6% this morning, but as the day went on, it settled a little lower, ultimately dipping 7.5%.
Nintendo of America big cheese Reggie Fils-Aime says the industry is still “very healthy.”
As Nintendo didn’t have a multi-million unit seller last month as it did in March 2008 (Super Smash Bros. Brawl), we shouldn’t be surprised at dropping sales. Nintendo did manage to sell [[link]] more than 800,000 copies of Pokémon Platinum for the Nintendo DS, though.
“Our launch schedules are more spread out so [[link]] we’re going to have these tough comparisons month to month,” Fils-Aime said in an interview yesterday. “But if you look at the overall trend of our business, it continues to be very healthy.”
Nintendo Shares Fall After Wii Sales in U.S. Drop 17% (Update1) [Bloomberg]
Reader Comments
The variety of games is excellent, including table games like blackjack, roulette, and baccarat, in addition to slots. This keeps the platform interesting and allows me to switch games depending on my mood. The promotions and bonuses offered are very generous. I especially love the daily free spins and deposit bonuses. They make playing even more enjoyable and increase my chances of winning big. The platform keeps me engaged for hours every day. The payout process is generally smooth and reliable, though occasionally it takes longer than expected. Overall, I feel confident that my winnings are safe and will be credited properly.
The progressive jackpots are thrilling, and it's exciting to watch the jackpot amounts grow as more players spin the reels. I hope they add even more jackpot slots because it adds a lot of excitement to the gameplay. Sometimes I wish there were more ways to earn rewards through loyalty programs or frequent player bonuses. Adding seasonal events or special challenges could enhance the excitement even further. I really enjoy playing the slot games here. The variety is amazing, from classic reels to modern video slots with interactive bonus rounds. Every spin feels like an adventure, and the graphics and sound effects are top-notch, making the experience immersive and exciting.
I appreciate the themed slot games, especially those based on movies and TV shows. They make the gaming experience more engaging and immersive. The combination of storyline, visuals, and bonus features makes each game feel unique. I love the overall aesthetic of the platform. The animations, visual effects, and sound design make the gaming experience more dynamic and immersive. It's one of the reasons I keep coming back. Sometimes I wish there were more ways to earn rewards through loyalty programs or frequent player bonuses. Adding seasonal events or special challenges could enhance the excitement even further.