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0 pointslokedhs9y ago0 comments

But they didn't lose any money. The stock valuation did. Valuation that had recently been inflated due Pokemon Go.

Until Pokemon, Nintendo had been hovering at 15k since the beginning of the year. As of this writing it's at 23220.

All we can take away from this is that Nintendo is still in trouble, just like they have been since before the release of Pokemon Go.

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Aloha9y ago

Was it in trouble before?

lokedhsOP9y ago

Yes, the release of the Wii U a few years ago turned out to be a failure, and the sales of the 3DS is dropping off. They have announced their new console, the Nintendo NX, but have released next to no information about it (people don't even know if it's a console or a handheld).

Here's an article about it written before Pokemon Go came out: http://www.ign.com/articles/2016/04/27/why-nintendo-is-in-re...

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