Gamers have generally been pretty excited about Nintendo’s new Wii U console since it was revealed at yesterday’s press conference, but stock buyers seem less enthused. Following the presser, Nintendo’s stock price plummeted 5% to 16,970 yen (or $212.14 USD), the lowest it has been since before the launch of the Wii.
Daiwa Securities analyst Shuji Hosoi blames doubts about how successful the Wii U will be against tablet PCs and smartphones, saying that those five percentage points can potentially be regained if Nintendo manages to convince investors that the Wii U can offer as fun an experience as a smartphone. Seriously.
Will Nintendo be able to recapture the Wii’s thunder with the Wii U? Stay tuned. For like a year.
