Nightly News Roundup: 06.08.2012

Of price tags and stocks…a rather boring entry.

By Mel Turnquist. Posted 06/08/2012 23:30 Comment on this     ShareThis

Nightly News Roundup

Yep, two days in a row for me! Anyways, here’s the latest and the greatest in the world of Nintendo, fresh off of E3.

Nintendo President: Price Tag Will “Pleasantly Surprise” Consumers

Another question that plagued Nintendo fanatics and gaming enthusiasts alike, other than the Wii U’s release date, is “So, what’s the damage on my wallet?” To that, we hear from Reggie Fils-Aimes who says that consumers will be rather surprised at the price of the Wii U, but in a good way. Fils-Aimes said that while some consoles start up at a very hefty price and then go down gradually, not Nintendo. Granted, that’s kind of ironic since the 3DS did just that, but he pretty much said he wants to keep it at the same price for a while and at a reasonable price.

Satoru Iwata said earlier in the year that the price tag would probably be within the window of $250 to $350. Either way you look at it, it’s going to be a pretty penny. Hopefully, it won’t be a regretful decision.


Nintendo Shares Drop For Third Straight Day

The revelation of the Wii U may have interested some people but according to the Japanese stocks, not everybody. The company’s stock shares dropped a total of 3.3% by day’s end in Tokyo. The company has been going through a bit of a free fall since January. With the uncertainty of the future, according to investors, the company’s stock has dropped 15% since January. Nintendo president Satoru Iwata said that they need to win over the entire family, not just the hardcore gamers. And with a system like this, people aren’t sure if satisfying everybody would even be possible.


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