Thursday, July 28, 2011

Future outlook for Nintendo not looking good

Something is wrong when a company not only slashes the price of its newest hardware (3DS by $80) and cuts earnings guidance by 80%. If things get bad, Nintendo should just get out of console hardware and go the software route that Sega did. Those types of scenarios might not present themselves as options until about a year after Wii U is relased.

http://www.industrygamers.com/news/nintendo-stock-down-40-future-hinges-on-wii-u-game-trader/

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