Nintendo Shares Drop 5 Percent After TGS

Ouch, seems like Nintendo investors were not very happy with Nintendo presentation at TGS.

Nintendo did try to save their failing 3DS device by showing a new system update, Mario Tennis, and Monster Hunter 4. However, it might be too late and too little for Nintendo to keep their investors happy.

Mitsushige Akino, chief fund manager at Ichiyoshi investment explained the situation in an interview with Reuters:

“I don’t think the new games will make any difference,”

“Nintendo succeeded by pulling in people who weren’t gamers and their needs now are no longer being filled by Nintendo, they are happy playing games on their mobile phones,”

Very true.

[Reuters]

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