Analyst are Stupid.

I'm not surprised by this news.

I say here the same thing I said about the Wii, my kids will love this.

That's good news! You can invest in Nintendo stock at a discount. I predict anyone holding onto Nintendo stock next year is going to make $$$.

Being uncertain about a new technology is understandable but I don't see any fault in Nintendo's presentation of this awesome product. Not sure what these guys are analyzing because the public response has been overwhelmingly positive.

The shares fell because nothing aside from the controller was revealed. The lack of clarity and information was marked; many were confused as to whether the wiiu was a wii addon, a new console itself, or a controller for a new console.



Further, none of Nintendo's weaknesses were addressed at e3: 1)online presence (currently close to nill), 2) functionality of console beyond game playing (currently nill, save netflix), 3) compelling reason to choose Nintendo console over competitors (currently nill except for Nintendo IP) 4)image of Nintendo as a company that makes things for kids and grandparents 5)brutal 3rd party support. Yes the new controller is interesting, but the vibe around revolution in 05/06 was all together different.



So from an analyst point of view:



high stock price + wii sales in tailspin + 3ds sales mediocre to poor + nextgen console sales strategy murky--->assessment based on probability and not faith--->sell.



Feel free to disagree and buy some shares asthe future's uncertain (and the end is always near); but I have a hard time arguing with the decision to dump shares.

Some definitive hardware specs would be nice.

Remember that the console is launching in 2012. If that happens to be a "Holiday" 2012 release then were a year and a half away from that point. No company shows their goods that far away from release, typically its 2-6 months and especially with Microsoft and Sony dying to know more to rip off. This is part of Nintendos pattern. They have half revealed things before just to get developers thinking and on board with a more robust full reveal at a later time.

If you are already a Xbox or PS3 gamer, this frankenmonster isn't going to pull you into Nintendo camp. Also most of these people will likely have an iPad. So if you already have a 360 and an iPad then why buy this thing? Ok, if you are one of the Wii users, sure then maybe go and get it. At best this thing just caters to already rabid Nintendo base. Don't see it as anything more than that. Pressures on Nintendo biz right now coming from all angles. Wii is dead (yes it was a fad), the 3DS is a complete dud, and the old DS is falling faster than a stone because iPhone and Android have killed the handheld console market. Thats why the stock down -76% from its peak in 2007. Does this WiiU actually change any of these dynamics? No.

The Wii U, aside from having a dreadful name, appears to be about catching up to where the Xbox 360 and the PS3 are in terms of graphics (even to the point of using 360/PS3 graphics in their gameplay demo reeles on stage!). I think that if the Wii U had substantially better graphics than the PS3 or the 360, Nintendo would have touted that fact. If the Wii U was going to have a price substantially lower than $299, Nintendo would have touted that fact, too. So it look like the Wii U will have about the same performance as the competition at about the same price.



Which leaves the controller as the differentiating factor; that may be a substantial one, but it's too early to really tell. The risky part for Nintendo is hanging their upside potential all on one feature. At least with the Wii, Nintendo had two key advantages: A substantial price advantage, and motion control. Now motion control is no longer unique to Nintendo, and apparently they will have no price advantage.



Nintendo's controller advantage may also be transitory; Microsoft has shown Windows Phone 7 phones working with the 360, and Sony could certainly do similar things with the PS Vita (and probably Android phones as well).



The stock price swoon seems perfectly justified to me. Nintendo can certainly turn things around, but I have yet to hear of a plan for turning 3DS sales around other than putting out some hopefully great new games and figuring that will boost sales. Maybe... maybe not. Nintendo was counting on 3D to be the prime selling point of the 3DS (hence the name!), but that doesn't seem to be that important to customers; Nintendo's even been trying to backtrack on the importance of 3D to the 3DS.



Worse, nothing they are doing seems to answer concerns about the impact of smartphones and tablets on their sales, or digital distribution, or social gaming, or indeed anything online.

Given the 3DS isn't selling like mad and they are having to discount the Wii profits are not in Nintendo's short term future. In addition while many here are going to like the wii U my grandma or the very casual segment that the Wii connected with aren't going to be lining up for a massive controller and system that will be priced at $299 on the low end, my guess is $349. So while Wii U to gamers might be appealling to think they are going to sell it at the same pace as the Wii is doubtful. Plus I am guessing their profit on WiiU is going to be a lot less than they were making on the Wii, much more hardware involved.

Another Wii, another gimmick. Children and casuals line up, those with gaming experience need not apply. I'm bored of it already.

Between Samba de Amigo, and VMU's, is Nintendo just aping the Dreamcast for a decade or so?



In case of the U, why would I want to play console games with a bulky Game Gear as a controller?

These investors are smart. If anything, they're a year late. Nintendo has fallen back into their selfish, lazy ways, lost in daydreaming and personal vanity projects, while deliberately ignoring (if not starving) their Wii market. The E3 presentation did a poor job of selling the new controller, and only left us with more questions than answers. And despite what everyone may wish to believe, the demo games shown will become retail games next year. It happened with Wii Sports and Wii Play in 2006, it happened with the 3DS' "augmented reality" demos last year.



Nintendo has shown that they are selfish and lazy. No support for the Wii...why? Only one newly-announced game for the 3DS...why? A sequel to the failed game that sank the Gamecube? Really? And are we really going to get barely-updated versions of Wii Sports and Wii Fit with tablet features no one ever wanted? Mii characters cut and pasted onto a hacked rerun of Super Mario 5?



Nintendo is also building a reputation for being unreliable and undependable. They build a new gadget, use it only once or twice, then throw it away and move onto the next little trinket. Where are the Motion Plus games? Where are the Wiimote's motion-control games? What about the Wii Balance Board? Remember the Gamecube-GBA connector? Remember the E-Reader?



Nintendo promises a new world of innovative videogames, then they quit and walk away after one or two pet projects because they just can't be bothered to put in any effort. Here's a sequel to Luigi's Mansion that nobody asked for. It was a miserable failure on the Gamecube, and it will be a failure again. But Miyamoto makes it beacause that's what he wants. Building on Wii Sports and Wii Play? Can't be bothered. They're through with motion controls. He can't even be bothered to come up with new games for the Wii U! These new versions of Wii Sports, Wii Fit, and Super Mario 5 are what the kids call "hacks." Hmph. Pretty much sums up the company, too.



What reason is there to believe that Nintendo will show any more support to their tablet controller? They'll come up with a novel use or two, publish a couple of early launch games, and then walk away. We're done! On to the next trinket! To hell with what the market demands and what the fans demand. Miyamoto will only do what HE wants, and on his schedule. And on your dime.



Last year, the Wii got Wii Party (from the makers of Mario Party) and Kirby. This year: another Mario Party and another Kirby. And the latest Puzzle Zelda that has been sitting on a shelf for over a year. It will do just about as well as the last three or four Puzzle Zeldas. How about a 2D, 4-player New Legend of Zelda? How about a new Ice Hockey, or Rad Racer, or RC Pro Am, or Gauntlet? How about something like Wii Tanks? How about a Wii sword fighting game? Why don't I have a damned lightsaber game? Who the hell's legs do I have to break to get something done around here?!



Nintendo absolutely refuses to fulfill their promises or provide the market what it demands. Meanwhile, the Wii's core audience - the fans who turned the Wii Series, Mario Kart, Mario 5, and Just Dance into megahits - are seething and frustrated. There's a lot of anger bubbling under the surface.

It doesn't mean anything, analysts and stockholders can't predict anything as complicated as the game industry.

For all of you who find this news unbelievable; this 5 year low is your chance to buy Nintendo shares!