Featured Articles

LG G Watch R ships in two weeks

LG G Watch R ships in two weeks

The LG G Watch R, the first Android Wear watch with a truly round face, is coming soon and judging by…

More...
LG unveils NUCLUN big.LITTLE SoC

LG unveils NUCLUN big.LITTLE SoC

LG has officially announced its first smartphone SoC, the NUCLUN, formerly known as the Odin.

More...
Microsoft moves 2.4 million Xbox Ones

Microsoft moves 2.4 million Xbox Ones

Microsoft has announced that it move 2.4 million consoles in fiscal year 2015 Q1. The announcement came with the latest financial…

More...
Gainward GTX 970 Phantom previewed

Gainward GTX 970 Phantom previewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
EVGA GTX 970 SC ACX 2.0 reviewed

EVGA GTX 970 SC ACX 2.0 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Thursday, 07 June 2012 07:32

Nintendo fails to deliver at E3 press conference

Written by David Stellmack

nintendo grey

Stock price falls and stockholders were not impressed

Nintendo continues to take significant flak over their E3 press conference. Analysts that we have spoken with confirm that Nintendo just didn’t deliver despite a strong opening with the announcement of Pikmin 3.

Stockholders must also be convinced that this is the case, as Nintendo’s stock fell 2.68 percent in Japan. While Nintendo showed an impressive list of partners, the fact that Activision is not one of them and only one game announced by Electronic Arts is being viewed by analysts that we spoke with as an indication both publishers are taking a wait and see approach to the console, as they just are not sure how well it is going to sell.

Our impression is that we are still left with more questions than answers, as we still don’t really know how powerful the console is and what it is going to cost. We have to agree with analysts that we spoke with that a lot will depend on the price that Nintendo can deliver the Wii U at; and right now, that still is a big unknown, with Nintendo saying that pricing will not be announced till later in the year near its release this holiday season.


blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments