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Nintendo announces games, loses value

Showing of new titles leads to share drop
Tue Sep 13 2011, 10:57
nintendo-wii-u

JAPANESE GAMING HOUSE Nintendo announced a raft of new games for its consoles yesterday, but saw its stock value fall.

The company, which offers the Wii and 3DS and popular DS handheld devices, is close to launching its Wii successor but for now, with the 3D handheld 3DS failing to impress users, it really could have done with a better showing.

According to Reuters shares in the firm fell by five per cent after the new games for the console were released, suggesting that they are more "Meh" than "Yeah!".

"From the end of this year to the beginning of next, we are planning the kind of extensive line-up that has probably never been seen before in the history of video games," said Nintendo president Satoru Iwata as he announced the titles. "We will make an all-out effort to see that the 3DS sells enough to become the successor to the DS."

The announced games include three Mario titles, which is almost a given at Nintendo events, as well as other titles including Monster Hunter 4, which sounds very original, and some games aimed at female players - presumably ones that don't like Mario or hunting monsters and like their consoles to come in a colour called "Misty pink".

In one new release Mario is playing tennis. We expect it will be called Mario Tennis, but really think it might as well be called, Clone tennis game with Mario. In another, called Super Mario 3D Land, we imagine that he will run around his usual playing ground in 3D. The last is perhaps the most interesting, since it is Mario Kart, which is always a winner on the consoles. This will be out in December.

Nintendo also announced an update for the 3DS which will let users capture and share 3D footage. Because this is the 3DS this means that you do not need any special glasses, but as we have already seen many people believe that they do not need the 3DS anyway.

Also out this year is The Legend of Zelda: Skyward Sword, which again brings back a favourite character to Nintendo consoles.

Reuters added that Nintendo shares have slid by 46 per cent since the start of this year. µ

 

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