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Sony, Nintendo See Shares Slump

A combination of continuing global financial uncertainty, concerns over exports, and the weak dollar saw the Tokyo Stock Exchange suffer a 4.5 per cent fall today.

That had a knock-on effect for the two videogames giants, Sony and Nintendo, both companies that have a significant portion of their overall business performance tied up in the US.

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gamesindustry.biz
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Daz3548d ago (Edited 3548d ago )

Sounds bad, im no good on this crap lol.

killer_trap3548d ago

let me put simply to you........it does sound bad.

now can anyone explain.

Daz3548d ago

This explains it better then that load of old crap lol.

http://www.hemscott.com/new...

nanometric3548d ago

have mercy!

P.S. i could get past the headline :D

caffman3548d ago

after MS reported profits

wiizy3548d ago

i can understand sony.. why nintendo....wii killing them

Jinxstar3547d ago

I'm no expert but I feel tat nintendo makes its money off periferals and such. i.e. wii fit pad and stuff like that. If wii fit bombs... They lose money. If they can't sell 4 controllers and 4 nunchuks and some classic controllers to people then... Well. Their big market will take a small hit. They have always been experimental. Virtual boy(Bombed hard), Power glove(Waste) they even had that big bazooka thing(SNES Days) that they used for like 2 games.... Might be why they took a hit... Tried something that failed. They can afford it though. I feel one of these days wii will become like the Dreamcast. not that it will fail or anything but the fad will drop hard and sales will become a crawl after people realize there are so few games they wanna play... Not that I am an expert but yeah. Demand wont be there forever. Its a cheap gimmick. Don't get me wrong I enjoy my wii a lot but I still feel this way...

socomnick3547d ago

I have that huge bazooka as a child I remember having a robot game for it.

MK_Red3548d ago

It's kinda strange to see it happen to Nintendo shares considering huge and worldwide success of Wii and DS.

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