Nintendo’s Share Prices Are Declining

Posted in Industry Buzz on Saturday, October 4, 2008, 14:21 | 0 Comments
Nintendo

Nintendo

Nintendo’s share prices are declining further 8.7% after its remodeled DS, the DSi, failed to impress investors. The new model, which will feature slightly larger screens, a camera and a built-in web browser, will retail in Japan for JPY 18,900 (USD 179) from November 1, but the move has left investors cold.

Nintendo’s share price has fallen steadily as the global financial markets meltdown. Meanwhile Sony’s stock remained stable across the day, falling only 0.3 percent.

It should be noted that, response to the DSi from the industry is mixed. Some gamers praised it, while others found nothing more than an integrated hand held music & game player.

Release date of the DSi in USA and Europe is not yet been decided by Nintendo, but it’s expected in the U.S. market in spring 2009.

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