3DS Delay Drops Nintendo Stock 10%

Posted: Sep 30 2010, 11:25am CDT | by , in News | Gaming

3DS Delay Drops Nintendo Stock 10%
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How do you say 'ouch' in Japanese?

When Nintendo announced that the 3DS would hit the United States in March, 2001 the assumption was that it would hit Japan this holiday season. Unfortunately, that did not prove to be the case. It was delayed until February and caused the game-maker to lower their expected earnings by over 50%.

And now this bad news is met with even more bad news. Gearlog reports that Nintendo's stock on the Osaka Securities Exchange dropped 9.34% in response to the delay. It's going to be a tough winter for Nintendo.

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<a href="/latest_stories/all/all/5" rel="author">Robert Evans</a>
The excitement about new smartphones, tablets and anything mobile drive Robert to unearth the latest rumors and developments in this fast moving space. He adopted 4G as soon as it become available and knows where the mobile market is going.
Robert can be contacted directly at robert@i4u.com.




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