This is not big daddy N loosing a bunch of money, this is a market correction. People purchased shares 2 days ago expecting an announcement and the price has returned to normal
https://finance.yahoo.com/quote/NTDOY/?guccounter=1
The shares were at 15.56 and are now at 14.81.
It is still up 2% over the past week, 6% over the last 6 months, an 8.5% over the last year, and a whopping 51% over the last 5 years.
So basically it’s not falling because of mixed reaction, it’s falling because people cashing in
Stock “news” is stupid, the Switch 2 announcement has been expected for a year. The only news is that the company confirmed it will launch this year, which was already expected. Real news is when we start hearing what games will be available at launch (or soon after).
Yup. If there even WAS a measurable stock value drop (too lazy to check) it was not because the switch 2 basically had a “this is the 2025 version of a phone. It is slightly different. Buy it” ad.
It was because the next major news will come in April. Which means it ain’t launching until May, at the earliest. Which means all the anticipation of a shadow drop of a console (because that would somehow be a thing…) is gone and the artificially increased value of the stock has diminished.
There was that time Sega suddenly dropped the Saturn into the US market months ahead of schedule. Shot themselves in the foot doing it, too.
Honestly I kinda liked the “chill” announcement. No overhyping themselves only to disappoint. Fans are plenty capable of doing that themselves.
It’s underwhelming and there are better options, and it’ll sell like crazy because people are basic.
Nintendo consoles have better exclusives and last longer than the competition.
I’ll shit on Nintendo all day for any amount of reasons, but I just played wii sports with my nephews on a wii that I bought before they were born. Find me a working original Xbox 360 I fucking dare you.
lol good. Fuck Nintendo
