Nintendo Down 6% After 'Switch' Console Unveil

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Apparently investors aren't too thrilled with Nintendo's new Switch console. The maker of all things Mario took a sledgehammer in the turtle shells yesterday in after hours trading.

Shares of Nintendo Co Ltd (7974.T) dropped 6 percent in early trade on Friday after the videogame maker unveiled its next-generation gaming console, called the Nintendo Switch. The stock fell as far as 25,300 yen as of 0101 GMT, its lowest since Sept. 7.
 
looks cool, hope it specs out nice... the idea that i can swap the shit from home mode to street mode is cool as hell.
 
Investors are probably looking at previous history of portable consoles. Sega made a portable console 20 years ago. It was called the Nomad and flopped hard.
 
Shmee said:
Huh. What were they expecting? This was the coolest console concept from Nintendo in a long time, and for once the name wasn't terrible.
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They're saying from an investment perspective "This isn't selling 100,000,000 units like the Wii did". The rest of the pragmatic world is going "That's a tablet, with a mobile-class GPU inside and a BT controller, that has a proprietary OS and only plays Nintendo games". Another Wii U.

Oh yeah and it's $300 and because it's a tablet, it had better be designed by Fisher Price because a 3DS can survive in a kids school backpack...this thing? Doubt it.....
 
The gap between Wii and Wii U is roughly 6 years. The Wii U is barely 4 years old right now and they are already jumping ship.

Dammit I bought a Wii U to play Zelda and its still not out! Is it weird I have a feeling they might delay it to launch it with the Switch console to help its launch? They did something similar with Zelda twilight princess with the Gamecube and Wii.
 
I'm surprised by this, most of the opinion pieces I've read (Kotaku, Engadget, Ars, TheVerge) had a very positive reception to the Switch and thought investors would also follow suit. I bet if Nintendo announced a new Pokémon launching alongside the console - it'd be raining investor jizz right now.
 
They need to sell their classic games on Steam already. Glad I picked Nintendo in the 90s to play to death and not Sega, now I can buy the Sega games while Nintendo stays pinheads in 20xx.
 
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I'm getting one. Which is more than I can say about any other console Nintendo has released in the last decade.

Not sure what they wanted? An XB1 PS4 clone?
 
Investors see midget controllers and lots of detachable pieces that will break quickly and be replaced under warranty.

Combined with they know tons of kids already have iPads with minecraft on it for the minivan ride.
 
Azphira said:
They need to sell their classic games on Steam already. Glad I picked Nintendo in the 90s to play to death and not Sega, now I can buy the Sega games while Nintendo stays pinheads in 20xx.
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You'd think that would be a smart move. Sell their classic software, shore up their revenues, and create demand for new installments of their classic games. It's not like the Virtual Console sees much attention from them (especially compared to Sony's Playstation backlog offerings.)
 
This whole news article is a bit disingenuous. Their stock took off like a rocket upon the trailer of the Switch and gained over a billion for them, shooting to over 27,000 at one point. Of course that was all hype, that's how the stock market works when companies make announcements. A few people buy up for the long-term, but most are trying to make a quick buck, so they buy it up cause they know everyone else will do the same, then they try to sell it real fast to make money. The problem is that EVERYONE does it and it creates huge spikes like this. After that round of "I made a quick buck because I was fast enough" and "shit, I lost because I bought too high and didn't sell fast enough", the stock goes back to relative normal. In this case, it slid just a hair from what it was before the whole event.

http://www.ign.com/articles/2016/10...rket-value-just-by-announcing-nx-announcement

Now Nintendo was a little bumped up as of July because of the whole Pokemon thing, so it's still falling a little from that, but if you look at Nintendo's stock over the 1 year and 5 year periods, they've actually been going up pretty well (not as high as that huge peak when they first came out with the Wii, but that was a long time ago). So, clickbait article making a big deal about nothing.

https://www.google.com/search?q=nin.....69i57j0l5.5322j0j7&sourceid=chrome&ie=UTF-8
 
Kirika said:
Investors are probably looking at previous history of portable consoles. Sega made a portable console 20 years ago. It was called the Nomad and flopped hard.
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I still have a Nomad. One awesome portable for the time.
 
As someone who's toying with the idea of some investing "for funsies" I'm considering picking up some Nintendo stock...

Been looking at the past few years, various things and companies I was excited for, and their stock prices at the time vs now. I could have made some awesome money had I bought into nvidia when I decided to wait for Pascal back in March/April, same thing with a few other companies/products.

I'm excited about the new nintendo switch, and it's been 15 years since I've been excited about any nintendo product.
 
Kirika said:
Investors are probably looking at previous history of portable consoles. Sega made a portable console 20 years ago. It was called the Nomad and flopped hard.
Click to expand...

You mean, Game Gear? Nomad was just the portable genesis. It wasn't really a full on unique product other than piggybacking off another.
 
There is also the rumors going around about low system specs. Which has been a major negative point for the Wii U for a while now.
But thats a rumor. And a rumor for that rumor is that those are first generation DEV KITS.
 
Hey look, the speculative market fluctuated on a product where all we have is a paper release!

This is just people panicking because the sky is falling.
 
Gaming tablets all failed, so there's not too much to get excited about. IMO, the problem is that Nintendo is releasing another limited appeal product which will serve primarily as a vehicle for first party title sales. It's great that UE4 works on it, and it will probably have a fair amount of generic multi-platform support, but its problem again is that the hardware isn't competitive, and it looks to be fairly expensive for what will essentially be a car-ride babysitting device. People already buy Nintendo handhelds and Switch doesn't really change anything in the console space: Switch is an underpowered device compared to Sony and MS consoles, and its biggest competition is cannibalizing other Nintendo (2DS/3DS) handheld sales. meh.
 
pxc said:
Gaming tablets all failed, so there's not too much to get excited about. IMO, the problem is that Nintendo is releasing another limited appeal product which will serve primarily as a vehicle for first party title sales. It's great that UE4 works on it, and it will probably have a fair amount of generic multi-platform support, but its problem again is that the hardware isn't competitive, and it looks to be fairly expensive for what will essentially be a car-ride babysitting device. People already buy Nintendo handhelds and Switch doesn't really change anything in the console space: Switch is an underpowered device compared to Sony and MS consoles, and its biggest competition is cannibalizing other Nintendo (2DS/3DS) handheld sales. meh.
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Oh i didn't realize Nintendo released all system specs officially? /sarcasm
 
My Top 3 reasons the Switch will fail.

#1 $300-$400 puts it against the PS4 and Xbone. Tegra isn't amazing enough to compete with that level of performance. At $400, it competes with the PS4 4k and Xbox Scorpio.
#2 While Tegra is fast, it isn't fast enough. Tegra has a hard time competing with Samsung and Qualcomm chips, as is.
#3 Makes for a good portable console, but why another portable console when you have the 3DS? Didn't Nintendo update the 3DS recently with the XL, which has games that aren't backwards compatible? And now we have another portable console? You can call it a home console, but it's really a portable console with a HDMI port that's a dock.
 
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Inu said:
Oh i didn't realize Nintendo released all system specs officially? /sarcasm
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Enough of the specs are known so a good estimate of performance can be inferred. Since it's a battery powered device, it's in the 10W or less range if it hopes to have any kind of reasonable (if still short) battery life. Supporting that is the choice of CPU cores and GPU SP count: 1/3rd the SP count of a GTX 1050. That's nice for a mobile device, but crap compared to the pre-upgraded current gen consoles. You don't get performance for free: there are massive trade-offs made in order to make it a tablet form, mostly in performance since that is closely linked to power consumption.

If you need to wait for official specs Nintendo is unlikely to release even at launch, that's great for you. Stay in denial as long as possible. :D
 
collegeboy69us said:
As someone who's toying with the idea of some investing "for funsies" I'm considering picking up some Nintendo stock...

Been looking at the past few years, various things and companies I was excited for, and their stock prices at the time vs now. I could have made some awesome money had I bought into nvidia when I decided to wait for Pascal back in March/April, same thing with a few other companies/products.

I'm excited about the new nintendo switch, and it's been 15 years since I've been excited about any nintendo product.
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If you've never invested before, some online brokerages allow you to practice with play money. Start off with that. The stock market doesn't work the way a lot of people think it works, thus it appears to them as practically just gambling, which is a sure way to lose your money. As Setiri mentioned though, what happened with Nintendo makes perfect sense from how the stock market does work though. Don't just pick up Nintendo because you like it. Learn why the stock is valued the way it is, and how and why it could move.
 
For those wondering why or saying it's a cool concept, it might be cool to you but the market says otherwise.

The Handheld market has been drastically taken over the past years by Mobile phones. PEople simply do not want to lug around a giant portable system whent hey can simply whip out their phone and play games on that + text + browse the web, etc.

On top of this because it's focused on being portable that means likely that it's going to be underpowered compared to sony/ms, especially with Scorpio and the ps4 pro.

So you have an underpowered home console and a handheld that the vast majority of people probably don't want to use it for it's portableness.

It's like the Sega game gear. That thing was huge compared to the gameboy, the gameboy was something you could simply slip into your pocket whereas the game gear was something you had to lug around in a bag or something.
 
Nintendo traded at 14,300 in July... its now at 25,200.

That's the bottom line. Investors are betting pretty heavy on Ns future. After realizing pokego wasn't going to make N huge profits (they went down from their jump to 31,770 to a steady 23-24k... before spiking to the 26-27k as investors started betting and shorting on the NX sneak peek). The poke stock bump didn't drop right back down... I think many longer term investors realize growing the poke brand is going to help drive future sales of consoles, poke games... and by extension all of Ns high profit games. So yes investors are still very up on N... even if they are just waiting for a second bump around the launch date.
 
theres no way I'm buying this thing, but after seeing the ad, I did scope out gameboy prices on ebay.
 
I'll pick one up if it's $400 or less. I miss Mario and Zelda. Maybe it will have a lot of virtual console games.
 
ChadD said:
Nintendo traded at 14,300 in July... its now at 25,200.

That's the bottom line. Investors are betting pretty heavy on Ns future. After realizing pokego wasn't going to make N huge profits (they went down from their jump to 31,770 to a steady 23-24k... before spiking to the 26-27k as investors started betting and shorting on the NX sneak peek). The poke stock bump didn't drop right back down... I think many longer term investors realize growing the poke brand is going to help drive future sales of consoles, poke games... and by extension all of Ns high profit games. So yes investors are still very up on N... even if they are just waiting for a second bump around the launch date.
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Nintendo doesn't have any rights to Pokemon Go. The Pokemon Company has nothing to do with Nintendo as far as financials are concerned. I knew that info when I was playing Pokemon Red/Blue on my GameBoy back in 1999 in middle school. Niantic has something to do with Google now.
 
Stiler said:
On top of this because it's focused on being portable that means likely that it's going to be underpowered compared to sony/ms, especially with Scorpio and the ps4 pro.
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These will sell to families... which has always been the main driver for N. Unless your suggesting there are a lot of people buying high end phones for their 10-15 year olds. I remember people saying the same stuff when Wii details started leaking... who the heck is going to play that ? :)

I wouldn't be betting on Scorp or PS4pro... they are both going to flop hard. The truth is MS scorp is still an Athlon powered AMD gpu with shared memory forced to run a W10 kernel... PS4pro, is just a clock bump with a second GPU that will mean nothing if your not running at 4k (or sudo 3-4k). Sony has said they want developers aiming at PS4... and all the Pro is really going to do is flip the second GPU on to push the res up a bit on newer screens.

I don't think we can discount how much performance Nvidia is going to squeeze out of their hardware. This X2(n) chip is going to be the first shipping chip actually using their Denver core... that has special cache and registers designed at feeding their GPU. They rushed their previous X chips with standard AMD cores instead of Denver... they spent a ton of R&D and purchases (transmeta) on this tech, Nintendo is getting a steal. For Nvidia this is a chance to showcase what their R&D has been doing and trying to sway Sony for consideration for PS5. I'm sure Nvidia is thinking well beyond just Nintendo.

Nvidias new chip... is going to run 4 denver cores, feeding a Pascal which I think we can assume will have at least 512 cores (the X2s shipping for cars have 256 but there shipping for cars). The other 4 Arm 57 cores are going to be dedicated to lower level functions... and I have no doubt on the software side the N console is going to do a far better job of that then MS.

Will be nice to see more concrete info before we write off the performance gap anyway... I think its going to be much more of a fight then many seem to think.
 
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alxlwson said:
Nintendo doesn't have any rights to Pokemon Go. The Pokemon Company has nothing to do with Nintendo as far as financials are concerned. I knew that info when I was playing Pokemon Red/Blue on my GameBoy back in 1999 in middle school. Niantic has something to do with Google now.
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I am aware of that... investors figured it out as well... which is why the stock dropped form 32k to 24k (up from 15k). It didn't bottom right out because those games still release on N hardware, which means royalties. It also means promotion for future hardware. The chances are very high that when the switch launches there will be a pokemon game of some sort on the system. If people buying switches at launch partly based on Pokemon that is a win for N. Nintendo may not own the Pokemon outright like they do zelda or mario... they are still invested in a % though, pokemon isn't going to be on PS/Xb.
 
ChadD said:
These will sell to families... which has always been the main driver for N. Unless your suggesting there are a lot of people buying high end phones for their 10-15 year olds. I remember people saying the same stuff when Wii details started leaking... who the heck is going to play that ? :)

I wouldn't be betting on Scorp or PS4pro... they are both going to flop hard. The truth is MS scorp is still an Athlon powered AMD gpu with shared memory forced to run a W10 kernel... PS4pro, is just a clock bump with a second GPU that will mean nothing if your not running at 4k (or sudo 3-4k). Sony has said they want developers aiming at PS4... and all the Pro is really going to do is flip the second GPU on to push the res up a bit on newer screens.

I don't think we can discount how much performance Nvidia is going to squeeze out of their hardware. This X2(n) chip is going to be the first shipping chip actually using their Denver core... that has special cache and registers designed at feeding their GPU. They rushed their previous X chips with standard AMD cores instead of Denver... they spent a ton of R&D and purchases (transmeta) on this tech, Nintendo is getting a steal. For Nvidia this is a chance to showcase what their R&D has been doing and trying to sway Sony for consideration for PS5. I'm sure Nvidia is thinking well beyond just Nintendo.

Nvidias new chip... is going to run 4 denver cores, feeding a Pascal which I think we can assume will have at least 512 cores (the X2s shipping for cars have 256 but there shipping for cars). The other 4 Arm 57 cores are going to be dedicated to lower level functions... and I have no doubt on the software side the N console is going to do a far better job of that then MS.

Will be nice to see more concrete info before we write off the performance gap anyway... I think its going to be much more of a fight then many seem to think.
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I think you underestimate how much mobile phones have taken over form the handheld market.

If you have a choice between a phone or a switch, you have one that can play games + text/call + youtube, etc. Then you have the switch that can......play nintendo games and not much else. These days young people love their smarthpones, so mayn parents are getting their younger kids phones, to the point tihat many younger people watch youtube more then they do tv/movies.
 
Stiler said:
I think you underestimate how much mobile phones have taken over form the handheld market.

If you have a choice between a phone or a switch, you have one that can play games + text/call + youtube, etc. Then you have the switch that can......play nintendo games and not much else. These days young people love their smarthpones, so mayn parents are getting their younger kids phones, to the point tihat many younger people watch youtube more then they do tv/movies.
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Your point is valid... it will be interesting to see how the sales break out. Price is going to be a huge factor for this thing I believe. If it sells for the same price as a standard console that works as a blu player / speedy netflix hub ect.... I think your right the market may not be big enough to make waves. However if you can buy a full base unit + a second unit only device for a second kid for the same price as the other guys stuff, I don't think the phone market will be as much an issue. Should be fun when it launches watching sales reports.
 
twonunpackmule said:
You mean, Game Gear? Nomad was just the portable genesis. It wasn't really a full on unique product other than piggybacking off another.
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Portable Genesis... it was/still is awesome for what it is.

No different development for the games vs Genesis, and the games that were already out could be used.

I had a game gear back in the day as well. It was ok, but nothing compared to the Nomad.

That being said, I woudl have much rather had a portable SNES. So much better than the Genesis.
 
Kirika said:
Investors are probably looking at previous history of portable consoles. Sega made a portable console 20 years ago. It was called the Nomad and flopped hard.
Click to expand...
Don't forget the game gear , fucker went through aa batteries like it was going out of style .
 
pxc said:
Enough of the specs are known so a good estimate of performance can be inferred. Since it's a battery powered device, it's in the 10W or less range if it hopes to have any kind of reasonable (if still short) battery life. Supporting that is the choice of CPU cores and GPU SP count: 1/3rd the SP count of a GTX 1050. That's nice for a mobile device, but crap compared to the pre-upgraded current gen consoles. You don't get performance for free: there are massive trade-offs made in order to make it a tablet form, mostly in performance since that is closely linked to power consumption.

If you need to wait for official specs Nintendo is unlikely to release even at launch, that's great for you. Stay in denial as long as possible. :D
Click to expand...

It's also quite clear that the thing is going to have increased performance when docked, so no power limitations there, though heat management would need to be solved. Time will tell if they got the balance right - it could easily turn into too high mobile power usage with too low docked performance instead of the other way around.
 
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