Trouble for Nintendo?
Today the intertubes bring news of stock price drops for the champion of the "non-gamer" console Nintendo. Now I am not the most informed person when it comes to the stock exchange, my knowledge is limited to the existence of such a thing and this about where it ends. However it would seem that the perceived value of a stock decreases as more people sell their shares and the faster they sell the more rapidly the value of the stock decreases.
What does this bode for Nintendo? Will Miyamoto end up bumming for change while Bill Gates and Phil Harrison trade high fives over trays of cocaine borne by vat grown clones of Caprica-Six? Unlikely to say the least.
Mash that there jump to find out why!
News about video games has a tendency to be conflicting, unless we're all posting the same Bioshock screens or pictures of morons getting hurt with Wiimotes then you're likely to find some folks that disagree with each other just a bit. So all this stock news comes as quite a shock to me when I'm also hearing that Nintendo has sold 9 million Wiis in the UK in the past 9 months surpassing both Sony and Microsoft as well as setting a record for fastest selling console.
In addition to the Wii setting sale records in the UK, Metroid Prime 3 has just dropped and looks like it could be a system seller for many. Right on the heels of Metroid Prime 3 is Super Mario Galaxy which some have confided in me is the reason they will be picking up a Wii, that is once you can finally find one in stores.
Should we be worrying about the success of Nintendo? Probably not. While Gates and Harrison certainly won't be carrying Miyamoto into press conferences on a golden dais they're definitely being given a run for their money, of which all three have ridiculous amounts.
