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WSJ: Switch fails to turn on investors, surprises unannounced

Gotta be some form of BC announcement, right? Nintendo doesn't want to announce it now as to not cannibalize whatever sales they can still make this year on Wii U and 3ds.
 

Soroc

Member
Buy on rumor, sell on news. More at 11....

This always happens as traders try to make a quick buck. I still think its a bad move for Nintendo to sit on news for 2 months though. They need to have a plan of action from yesterday until launch to keep the Switch in the minds of consumers throughout Holiday and convince people to spend Holiday money on a future product through preorders.

Speculation on what still to reveal:

JoyCon motion features
Touchscreen features
New Online Service
VC subscription Service
OS and multimedia capabilities
Mobile games integrations
Social and GPS/Streetpass type features
Games, games, games

Partnerships with both hardware/software and IP lending.
 

kinoki

Illness is the doctor to whom we pay most heed; to kindness, to knowledge, we make promise only; pain we obey.
Apart from diehard Nintendo fans or enthusiasts I doubt anyone would look at the Switch and be awed. And since they haven't announced how they are going to make money (price, addons, dlc, etc) I doubt investors feel comfortable in the product.
 
Speculation on what still to reveal:

JoyCon motion features
Touchscreen features
New Online Service
VC subscription Service
OS and multimedia capabilities
Mobile games integrations
Social and GPS/Streetpass type features
Games, games, games

The only two there I have any doubt about are the motion controls and the VC subscription. Everything else is still stuff we definitely have yet to find out about, but seems very likely, or will certainly come to pass.

It puts a fine point on just how little we still know unfortunately. These are exactly the sort of things we could be getting weekly short videos on to keep people interested and tapped into what's coming. But I'm sure instead it will all just come in a couple dumps next year.
 

joms5

Member
Buy on rumor, sell on news. More at 11....

This always happens as traders try to make a quick buck. I still think its a bad move for Nintendo to sit on news for 2 months though. They need to have a plan of action from yesterday until launch to keep the Switch in the minds of consumers throughout Holiday and convince people to spend Holiday money on a future product through preorders.

Speculation on what still to reveal:

JoyCon motion features
Touchscreen features
New Online Service
VC subscription Service
OS and multimedia capabilities
Mobile games integrations
Social and GPS/Streetpass type features
Games, games, games

Partnerships with both hardware/software and IP lending.

If "Nintendo hinted it still has unannounced surprises up its sleeve", there's no way it's any of that stuff. Simply because none of that would be an outright "surprise". Maybe a game announcement or 2. But all that other stuff is either to be expected or not a unique selling proposition.

Maybe Nintendo misspoke, but all of that stuff does nothing to excite me.
 
Some investors blamed a lack of surprise in the announcement for the lukewarm market response, saying the company raised high expectations by withholding details about the hardware for more than a year.

lol, you reap what you sow nintendo.
 

yyr

Member
“We haven’t shown everything,” a Nintendo spokesman said, adding the company would provide additional information about the Switch next year,

So, nothing for the rest of the year?

Ugh.
 

Jumeira

Banned
Apart from diehard Nintendo fans or enthusiasts I doubt anyone would look at the Switch and be awed. And since they haven't announced how they are going to make money (price, addons, dlc, etc) I doubt investors feel comfortable in the product.
agreed
 

Soroc

Member
If "Nintendo hinted it still has unannounced surprises up its sleeve", there's no way it's any of that stuff. Simply because none of that would be an outright "surprise". Maybe a game announcement or 2. But all that other stuff is either to be expected or not a unique selling proposition.

Maybe Nintendo misspoke, but all of that stuff does nothing to excite me.

Doesn't excite me either because I don't know what the surprises are. Its hard to excite the known. Its the unknown or not realizing you wanted something until its delivered that is exciting. Doesn't mean once they talk about any of those things there won't be something exciting about them.

I still think its a bad idea to wait until January. If they feel they want to let the main selling point of the switch (the only thing the video focused on really) gestate for a week or 2 thats cool, but I think they need to keep talking about the console from this point forward since it is a short window to release. A featurette every week or 2 on another feature to keep journos writing and consumers engaged leading up to a media hands on in January would be ideal but we will see how Nintendo handles it.

I'd really like to know if 3rd parties are NDA'd still from talking about games for it. Would seem silly at this point but its Nintendo.
 
https://www.ft.com/content/0773fb16-973a-11e6-a1dc-bdf38d484582


Nintendo’s shares, which have risen more than 50 per cent since the start of the year on renewed faith that the Kyoto-based company was poised for a smartphone and console-based revival, shed more than 6 per cent on Friday morning.

That more than reversed Thursday’s 3.3 per cent climb amid the buzz surrounding the stock after Nintendo alerted the gaming world that the video was coming.

One concern, said analysts, was still the question of the machine’s price. Serkan Toto, a games industry consultant who commented shortly after the release of the video, said that for the Switch to make an impact in a market where Sony’s PlayStation 4 already has a global installed base of more than 40m users, it had to come in at or below the price of other consoles now well into their stride.

“They must find a way to release the Switch at US$299 to stand a chance; that’s the threshold. It’s not impossible by offering the device in multiple versions,” said Mr Toto, who added that Nintendo still appeared to be struggling to define its target audience. “Who else but diehard Nintendo fans will buy the Switch?” he said.

Super Mario Lock me if old. Interesting thoughts in the article. I really do feel that only the Nintendo hardcore are considering even getting this. The Switch feels a little half-baked, if the rumors are correct (regarding battery life, especially) but I guess we will find out a lot more in the coming months.
 
Apart from diehard Nintendo fans or enthusiasts I doubt anyone would look at the Switch and be awed. And since they haven't announced how they are going to make money (price, addons, dlc, etc) I doubt investors feel comfortable in the product.

Nailed it. Investors look at the market and determine what are smart investments to make money on. What Nintendo showed is cool for Nintendo fans but did very little for the rest of the population. The investors and the rest of the world see a portable Wii U with a little better graphics. Investors look at how the WiiU turned out and are rightfully skeptical.
 
2525134-gj4tz.gif
 

Tarsul

Member
Perfect time to buy before Mario Run releases in December.

Actually after the briefing next week might be better...
that's correct.... but I would sell after mario run is released and the first numbers are reported. Unless you believe that Mario Run will save their financial year (alongside pokemon go + sun/moon).
 

Amir0x

Banned
Honestly if I was an investor in Nintendo I'd be selling stock too after the Switch unveil. Nintendo did not stick the landing in that unveiling, and did not convince me they understand why Wii U failed. I hope in the coming months Nintendo can address concerns with more reveals. But I'm just not sure the concept is gonna set any market on fire as it stands. I hope those added surprises are big ones.
 

dracula_x

Member
I find Autodesk being one of the developers very interesting. Unless there is another Autodesk, they are the makers of CAD. Very very interesting

Not really. For example, Autodesk Scaleform http://www.autodesk.com/products/scaleform/overview

Scaleform® middleware provides a design-driven workflow for creating powerful and immersive user interface (UI) environments for PCs, game consoles, mobile devices, and consumer electronics.

Also this – http://www.autodesk.com/solutions/game-design
And this – http://area.autodesk.com/blogs/mr-e...ks-about-uncharted-4-nathan-drake-and-the-ps4
 

Symbiotx

Member
I think both the amount of people that will buy and the price needed to sell is underestimated. I bet they sell it for 350-400, and they will sell a lot.
 
Apart from diehard Nintendo fans or enthusiasts I doubt anyone would look at the Switch and be awed. And since they haven't announced how they are going to make money (price, addons, dlc, etc) I doubt investors feel comfortable in the product.
To be honest, it sounds like you're a bit jaded. I mean, I don't really have an opinion on whether it will actually sell well at all or not, but you really don't need to be a diehard Nintendo fan or even enthusiast to find the idea of a console that you can grab with you and play local multiplayer with other people awesome. Again, how much it'll actually sell is another matter, but there are plenty of people who really like the idea.

Also, while I'm sure investors don't feel that comfortable yet without knowing much at all, the fall isn't only because of that. It's very typical with announcements that investors know about beforehand that the prices rise before the announcement and then afterwards fall. Especially when the rumors have been out for quite a while already and have told fairly accurately what the system is about.

People have brought up how the mobile Mario game didn't have this effect, but that one isn't really a good comparison because the announcement came very much out of the blue to pretty much everyone.

Not surprising. Did anyone think Wii U 2.0 would look promising to investors ?
That's not really it.
 

Amir0x

Banned
lol, you reap what you sow nintendo.

to be so secretive about a handheld/console hybrid really is distressing. Does Nintendo not understand they raised expectation about something that is not particularly surprising or innovative?

There will be time to flesh out this reveal. The issue is Nintendo did not do what it needed to in order to get real excitement over this type of product during their first chance. They have a lot to prove now going forward.
 

DeviantBoi

Member
Considering they haven't announced the batter life, it makes sense that he didn't specify that the surprises would be good.
 

Amir0x

Banned
Oh yeah also, I believe Switch proves there are few meaningful innovations left for gaming itself outside of the VR stretch. Nintendo is at a roadblock too on getting another Wii-like gimmick.
 

Ivan 3414

Member
Apart from diehard Nintendo fans or enthusiasts I doubt anyone would look at the Switch and be awed. And since they haven't announced how they are going to make money (price, addons, dlc, etc) I doubt investors feel comfortable in the product.

What exactly are you basing this on. GAF? Cause based on how the trailer has been trending on YouTube and social media I'd say it has garnered quite a bit of interest outside of the diehard.

Edit: it's been trending #1 on YouTube for nearly a day and going on 11m views; do you think it's just Nintendo fanboys watching the trailer 100 times each?
 
I think both the amount of people that will buy and the price needed to sell is underestimated. I bet they sell it for 350-400, and they will sell a lot.
You're crazy.
Trailer has over ten million views in less than a day, I think there's some interest.
Trailers mean nothing. Interest is good, but how much of that is "whoa, Nintendo is finally making a new console!" or "hey, check out the Switch... it looks... interesting."

I think it's DOA above $300.
 
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