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Nintendo announces games, loses value

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

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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Comments
Rehashed Games

@Alistair, for an extraordinary claim of no one using a Wii of DS I hope you have the extraordinary evidence it needs to back it up? In fact I can disprove the claim, my family have a Wii and several DS's and they are played with on a daily basis. I even know several people who have a Wii and/or DS who use the on a very regular basis.

Rehashing of games isn't limited to just Nintendo, there have been plenty of games recently that gave had '3' or '4' tagged on the end of them from other games companies and for other platforms! What number are we up to on the Final Fantasy series?

posted by : Vincent, 20 September 2011 Complain about this comment
Nintendo Stagnant

They still are rehashing the same old games over and over. They still don't seem to have grasped it yet. That's why they're slipping.

Their marketing of their stuff in the last 3/4 years worked well, the amount of older people I know who bought the Wii and DS was impressive but no one uses them anymore and aren't falling for it twice.

Nintendo never sold it's Wii or DS at a loss maybe now they've learned

posted by : Alistair, 15 September 2011 Complain about this comment
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