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tonsoffun (1) - 5878d ago Cancel
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140°

Nintendo's stock downgraded: Proof that you don't always get it right

It looks as if KBC Securities of Japan isn't feeling all that confident that Nintendo can continue down the path of dominance much longer. As a result, they've decided to downgrade Nintendo's target price by a whopping 30-percent, and change its investment rating from "buy" to "hold."

"Sales in the U.S. and Europe are peaking after ''amazing growth'' this fiscal year, Kamide wrote in the report. ''We believe that it is reasonable to expect a tougher trading environment.''

However, the gloom and doom machine doesn't stop there. Greenpeace has taken aim at Nintendo once more, citing them as the worst of the worst environmental offenders, of the top electronic manufacturers that made the survey...

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destructoid.com
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decapitator5878d ago

This is so low...then again, is Nintendo so no surprises here.

5878d ago
whoelse5878d ago

Well i didn't expect to read that. The might power of the PS3 and its lineup clearly is worrying some people.

heroman7115878d ago

lol someone had that on their shirt at school the other day

wiizy5877d ago

that must be a joke. the wii is still killing the competition and they continue to doubt... this year will prove that the wii has no competition

60°

Infinite Space: The Story Of A Forgotten Space Opera And Sega's Negligence

Space opera fans deserve a chance to experience the vastness of Infinite Space, and Sega needs to make up for its mistake.

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Community3h ago
ZeekQuattro3h ago

I still go back to Infinite Space from time to time. Probably the most underrated game I ever played.

CDbiggen21m ago

Felt like I was the only person who bought and played this lol

60°

Pac-Pix - A Fantastic Forgotten Spinoff

Pac-Pix launched in 2005 as a Nintendo DS exclusive, and deserves to make a comeback on modern touchscreen devices.

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70°

The INDIE Live Expo 2024 event is to feature over 100 game titles

INDIE Live Expo, Japan’s premiere online digital showcase series , will debut never-before-seen games & content updates across more than 100 titles on May 25th.

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