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Posts with tag stock

Counterpoint: No redesign this year

Sure, it may seem pretty likely that we'll see a DS redesign eventually, but will it be this year? Despite the coy denials so reminiscent of the weeks leading up to the last redesign announcement, it just doesn't seem like the right time for a new DS.

In the past, Nintendo has adhered to a pretty predictable cycle on redesigning their handhelds. Every year and a half to two years or so, it's time for a new model. But no handheld has ever been quite like the DS. It's everywhere. Your grandmother just may own one (or more), and because of that incredible success, Nintendo can afford to break out of that cycle and take a little extra time. Sales of the DS in Japan may be flagging a little of late, due to the PSP actually selling, but the system still boasts extremely robust numbers and is consistently in the top three there amongst hardware. The story is the same here in the U.S.: the DS continues to sell like crazy. Why put out a new DS now? It seems to make much more sense to simply wait a while, until sales actually start to drop off.

In the meantime, Nintendo boosts sales of the Lite by releasing new colors, which they have suddenly started doing a lot more outside Japan. That seems to be another sign that we're still not quite ready for a redesign. Nintendo may make some less-than-brilliant decisions at times, but announcing a new design mere months (or weeks, if we see more colors this year, as is rumored) after the release of new colors may have a negative impact on sales. Sure, that new sparkly-striped-gold-plated rainbow Lite is spiffy, but if you're about to buy the new Ultra Lite anyway, would you drop an additional hundred-plus dollars? Probably not. You'd wait to check out the new model instead.

Some could argue that colors are now going to multiple regions in order to get rid of back stock, but c'mon -- are there really piles of DS Lites lying around unsold? Considering that we still have occasional DS shortages, it doesn't seem likely. Also, we're still getting brand new colors on top of the shades that are just now becoming available in new regions, and it's not like those were piled up. Would we really get new colors now if we were about to see a new DS? It just doesn't make sense.

Next year, maybe, Nintendo will get around to tweaking the DS design further. This year, we'll see more peripherals and accessories instead, and a focus on the Wii, because there's just no reason to do anything else.

Expect it!
Back Your thoughts?

Iwata: No DS price cut this year

Well, we would think so, since the current price point of $129.99 seems to be far too small a hurdle to leap for those thinking of purchasing the handheld system. Nintendo is rolling in the dough, so if it ain't broke, don't fix it, right?

"Our earnings projection for the year is not based on hardware price cuts, and I don't think we are going to need them," said Iwata. And we can't blame them, as demand for the Wii and DS looks like it could only be curbed by the announcement of a new handheld and console. Until that happens, it looks like consumers will need to get used to the price tag on each system, as well as not seeing them on shelves while shopping.

[Via Joystiq]

Nintendo stock set to hit 7 month low

Nintendo's stock prices have been on a steady decline as of late. Just weeks ago, the stock took a slight tumble. This was mainly due to investor fear of the dollar getting weaker combined with the continuing hardware shortages plaguing Nintendo.

And despite what some folks see the company doing financially throughout this year, the stock continues to fall. Falling 5.9 percent to 45,800 yen, this is the lowest the stock has been set to fall since July 2nd of last year, a 7 month low. As for the future of Nintendo's stock, we hear it's better to buy when it's low, and sell when it's high. Not that we're qualified to give stock advice or anything ...

[Via Go Nintendo]

Nintendo stocks stop rise, dip slightly


Even with the DS breaking sales records in the U.S. last month, the consistent rise of value in Kyoto-based Nintendo's stock has hit a ceiling lately. Analysts are stating that until the conclusion of the holiday season, the stocks are likely to stay this way, halted in their tracks.

Over the past two years through this October, Nintendo's stocks have risen exponentially, but lately have seen a small fall. Nintendo's stock value has dipped 8% since November, which isn't good if Nintendo hopes to maintain its place as the third most valuable company in Japan. We're fairly certain, however, that the stocks will continue their rise as Nintendo emerges victorious this holiday season.

[Via Next Gen]

Nintendo's market value hits 10 trillion yen [update 1]


Investopedia defines "market value" as "The market capitalization plus the market value of debt. Sometimes referred to as 'total market value'". (They define "market capitalization" as "The total dollar market value of all of a company's outstanding shares. Market capitalization is calculated by multiplying a company's shares outstanding by the current market price of one share.")

Whatever market value is, Nintendo's got a big old chunk of it. After their stock rose 5.7 percent today, they've hit a company high at over 10 trillion yen ($85 billion), up 3.7 trillion yen from just four months ago. To put that in layman's terms, "holy crap." Nintendo's market value has seen "a fivefold increase in the past two years." We're not market analysts or anything, but that seems really huge and really fast. This DS thing may turn out okay for Nintendo after all.

Update: Sorry, we had a bit of a problem with some of the text there. Balance has been brought back to the universe.

[Via GamesIndustry.biz]

Nintendo stock takes 2nd place in Japan

While it isn't first place, Nintendo has still managed to achieve quite the feat in Japan. Their stock, which rests comfortably behind Canon, is currently trading at 59,200 Yen (about $517). Of course, the question now is just how much higher can Nintendo expect to honestly take it?

Considering that everyone and their pet dog has a DS Lite in Japan, we can't say we're surprised. Still, it's tough competition over there and we tip our hat to Nintendo for managing to be the cream that rises to the top.

Nintendo is worth almost as much as Sony

Nintendo has surpassed the enormous electronics firm (and unfortunate 3DO M2 owner) Matsushita to take second place in market value for electronics firms. Nintendo's market value (the value of all of its shares) is currently at 6.30 trillion yen ($51 billion), which is not that far off from first-place Sony's 6.64 trillion yen.

The really remarkable thing for us is that Sony and Matsushita make all sorts of things, like computers and radios, and their revenues are currently over eight times those of Nintendo. Nintendo just makes video games and their shares are eclipsing Matsushita's.

Kabu Trader Shun's minigame and big trailer

Half adventure game, half stock trading battles, Kabu Trader Shun hits Japanese stores later this week. Looking to promote its release, Capcom posted a Flash minigame complementing the Phoenix-Wright-styled title. Players can live out the after-hours-lounge experience of a stock trader, text messaging a needy girlfriend while trying to keep the boss' drink filled at the same time. It's a simple, fast-clicking diversion, but seeing the creative steps companies are taking to advertise their games is always interesting.

We happened to also spot a lengthy trailer during our stay at Kabu Trader Shun's official site, though we can't guarantee its freshness. Clocking in at just over two-and-a-half minutes, the video introduces the game's characters, trade battles, and adventuring sequences. Head past the post break for the movie.

Continue reading Kabu Trader Shun's minigame and big trailer

Stock Trader Shun screens


DS fans have been following Capcom's Stock Trader Shun with interest, and let's be honest, it's not because we're all crazy about the stock market. Our interest in Stock Trader Shun stems entirely from the fact that it kinda sorta looks like a financial version of Phoenix Wright.

We aren't sure that the game is going to appeal to the Phoenix Wright audience (i.e. us) because, while Phoenix Wright's lawyering relied on traditional adventure game skills like conversation trees and item collecting, Stock Trader Shun's main gameplay is closer to a simulation of stock trading than an adventure game model with a stock-trading veneer. When out of the courtroom in Phoenix Wright, you're still talking to people and presenting items; but the non-trading portions of Shun seem fundamentally different from the number-crunching.

But just because it's not exactly Phoenix Wright doesn't mean this game can't be enjoyable. We'll find out sometime after the June 7th release date when importers' impressions start coming in.

Continue reading Stock Trader Shun screens

DS Daily: Are we going too far?

It's going DOWN! SELL!The DS has done a remarkable job of turning professions normally requiring years of dedication and intense training into spontaneous and exciting romps of fancy. Phoenix Wright and Trauma Center are still some of the most lauded games on the blooming handheld, and such fresh ideas are what keep the gaming industry healthy.

But one look at this, and one's stomach feels a bit queasy. My God, a stock trading game? A reviled profession, virtually anathema to gamers, being made into a game? Of course, the title will in all likelihood never be localized, but is nothing sacred anymore? Are we overreacting? What other "profession" games would you like to see on the DS?

We'd also like to take this opportunity to remind you about tips. The link is small and sadly difficult to find; many readers have no idea it even exists. But check it out: in the column directly to the right of the main posts, under "Resources", is a small "Send us news tips" link. Use it! If you send us a hot story or interesting article, we'll bake you cookies credit you with the tip in the post and you'll be totally famous.

[Note to all business-oriented people: we were totally sensationalizing your chosen profession to incite teh flame. Please don't sell us.]

Japanese government sells its Nintendo stock

This is what stock looks like.Wait, what? It turns out that the Japanese seat of power actually owned around 1.4% of Nintendo's stock, coming in at a pricey $557 million dollars ... turns out they made quite a profit, seeing as how Nintendo's stock has gone up 43% in the past six months alone.

The unfortunate consequence of this action, however, is that Nintendo's stock value dropped by 2.7% to 32,950 yen per share. Before the Sony fanboys doom-sayers come out in full force, however, it should be noted that our sister site Joystiq notes that the government sold the shares as per Nintendo's request; the gaming giant actually wanted to increase the number of individual share-holders.

Should you go buy some NTDOY stock? If you're business-savvy, why not? Nintendo's been on a roll financially, and it can't hurt to revel in some of their success.

Stock trader sim imported, reviewed

The folks at GameBrink got their hands on a copy of Kabushiki Baibai Torenakabutore, a stock trader sim, but not the one we mentioned before. And the verdict is? Solid offering from Hideo Kojima (is there any other kind?), but not exactly import friendly unless you read Japanese.

What's interesting about this game is that it relies on five years of real data from the Tokyo Stock Exchange, so the trends are realistic. They're not playing when they call this one a sim, are they? Further, all your favorite gaming companies are represented, like Nintendo and Konami. The lessons are real as well; a complete trading newb can apparently pick this up, play the game, and walk away knowing some real information about how the market works. Should a sim be so realistic? Maybe not always, but stock trading is apparently pretty addicting, so here it seems to work well.

Since there are multiple companies busily forging stock trader games, perhaps we'll see a release outside Japan for one of these ... and now we're hoping for this one, since we've gotten a look at it!

Capcom hopes to repeat Phoenix Wright success with stock trading game


Capcom revealed they are working on a new adventure series in Kabu Trader Shun, which translates into Stock Trader Shun in English. This new series, which aims to repeat the success of Capcom's other adventure series in Phoenix Wright Ace Attorney. The game will focus on a young up-and-coming trader named Shun.

With his father being a prosperous trader who earned his riches in the market, Shun is plagued by memories of the sudden bankruptcy and disappearance of his father five years ago. Entering the market, he is helped by veteran trader Tooru and one Hanako, who has a family-owned trading company.

Currently, there are no plans to bring this game to the US, however we hope that changes once Justice For All releases.

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