HOW LOW CAN IT GO?
>I literally don't understand how stocks work
A bit lower.
They just confirmed that the NX is coming out this year and that operating costs will have to go up because of it. Also expect a drop in stock price on its announcement like most hardware unless the NX exceeds all expectations in every way.
This is fine though, stocks go up and down all the time. It would be cause for concern if it was consistently falling down over the course of the better part of a year.
>Nintendo has a bajillion dollar warchest!! >:((( They can lose 10 trillion dollars a second for a million years!!
>Nintendo loses 8% of their equity within a day. Equity down almost 50% in the last six months
>It's n-no big d-deal... t-trust me :((
Consistent, know what they're doing and how to turn a profit
Relying on luck and gimmicks, peaked nearly 10 years ago and now they're on the bullet train to hell.
Does it even matter? Vidya sales are down across the board. It's a dying medium. Stop picking which future corpse you like better and just play vidya while you still have them.
For the niggers that want an explanation, companies must pay revenue to their stockholders( or shares, i dont know the exact word in english)
Because most of time most companies are valued of how money they have, paying the shares obviously means they will have less money, thus have a lower value and ergo their stocks go down the payed ammont.
Try it, choose a company at random and estimate how much they pay to their shareholders and then look how much the average share goes down, it wi fit nicely.
Also, never buy shares at the end of december or end of january, the value decrease its not instantly, so you are basically paying for a overvalued share.
The stock is on it's way to being less than before the spike back in March due to the going mobile news, stock holders are mad that Nintendo has been slow as fuck as to release anything for phones
nintendo is fucked in the long run. absolutely, positively, sideway fucked. their best hope would be to try to get a dd service on the pc similar to ubishit/blizzard/ea etc + release iphone games but they're too stubborn
sony might be fucked because the company is just incompetent in general
microsoft will survive, but the xbox as a console will die. they might release custom built pcs, might just release their own store, i don't really know what they will try to do. but they will continue to be a part of gaming
apple and amazon might become contenders as well. if apple does, i assume they will be using arm, which might complicate things into how we can predict how things go. if they do it, valve might be able to pivot their shitty linux distro and make it a pretty big deal actually
Physics major here, I'm detecting high concentrations of a new particle, the Faggotron, in this post right here. Studies are inconclusive, but the source appears to be the poster.
Can't say I blame them.
Nintendo's being out of touch is coming back to bite them hard in the ass for the first time in their life, and well, I kinda feel sorry for them for what's coming if they don't get their shit together.
Ecco major here.
'CLICK' 'CLICK' EKEKEKEKEKEKEKEKEKEEEEKEKEKEKEKEKE
Game Design major here. It's over guys.
if this is such a reliable phenomanon, what is stopping me from short selling every company that pays "dividends"(the english word you were looking for) and getting rich every january?? what is stopping everyone else in the world from doing it?