Filed under: News | Gaming


Nintendo does not Understand why Stock Fell after Wii U unveiling

Wii U presentation at the E3 2011 sent Nintendo Shares down 10% in the following two days.

Jun 11 2011, 2:28pm CDT | by

Nintendo does not Understand why Stock Fell after Wii U unveiling
Buy Wii from Amazon Cyber Monday and Black Friday Now

Nintendo unveiled the Wii U at the E3 2011. The new console will launch in 2012 and is supposed to continue the the success of the Wii. The reactions have been mixed and investors just reacted in a negative way and sent the Nintendo stock down 10%. 

Reuters carries an interview with Nintendo President Satoru Iwata. He said that the reaction of the stock market to the Wii U is very strange. He said that people have to try the Wii U to understand that the tablet opens up a lot of new possibilities.

Nintendo focused all our attention to the new tablet controller that comes with the Wii U. This was a mistake in my opinion. Sure the tablet is introducing new types of gameplay and ways of interactions, but the two screen gaming is also going to be available from Apple and Sony. Apple is even enabling it this year with AirPlay mirroring on the iPad. The Wii was a paradigm shift and introduced motion gaming to the mass market. Sony and Microsoft needed years to catch up and just last holidays came out with Move and Kinect. Mind you that the Wii launched in 2006.

The Wii U is still a year or more away. Nintendo should have presented the Wii U with more mystery along the performance. There are rumors that the Wii U will out perform the PS3 and Xbox 360. This is the stuff that drives imagination. The Wii U tablet and the new possible gaming concepts need to grow in our minds. As it is though going to be not unique from the start, the Wii U needs more than the tablet continue the Wii's exceptional success.

You Might Also Like


Shopping Deals


<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr (Google) is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at




blog comments powered by Disqus

Latest stories

E-Z-GO Recall Issued
E-Z-GO Recall Issued
E-Z-GO recall issued for about 30,000 vehicles including Golf cars, shuttles and off-road utility vehicles due to crash hazard.
Sleep Problem Linked To Degenerative Brain Disease
Sleep Problem Linked To Degenerative Brain Disease
A little-known sleep disorder that causes you to act out your dreams can predict the future onset of Parkinson’s, Alzheimer’s, or another brain disease, new research shows. In fact, 80 to 90 percent of people who...
Lytro Illum Now Available for Pre-order
Lytro Illum: Lytro Introdues Light-field Illum Camera
Lytro has introduced its 2nd generation light-field DSLR Illum camera Pre-order now and get the new Lytro Illum at special introductory price of $1499. Lytro Illum will hit shelves in July at regular price of $1599.
Courteney Cox Slams Rumors of “Friends” Reunion
Courteney Cox: “Friends” Reunion is Not Going to Happen
Courteney Cox slammed rumors about a “Friends” reunion on Monday on the David Letterman Show.

The Hottest Photos of Victoria's Secret Fashion Show 2013


Viral Stories the Web