Nintendo recently released its annual earnings report, revealing all kinds of new information on sales data, company finances, game releases, and plans for the future. Some of the bigger announcements include a March 2017 launch for Nintendo NX and another delay for the next Zelda game, which is now coming to both Wii U and NX. Additionally, Nintendo announced that Zelda is the only game they’ll have playable at E3. Nintendo also unveiled plans to make Animal Crossing and Fire Emblem mobile games this Fall.
Nintendo’s numerous announcements created quite a buzz in the gaming community, and a lot of the feedback has been less than positive. Additionally, Nintendo fell short of its 3DS and Wii U sales targets, and they failed to meet their profit forecast. Investors aren’t very happy with the showing, as evidenced by the fact that Nintendo’s stock has dropped over 8%. Nintendo’s stock value had been slowly rising throughout April, but this dip puts them right back where they were a month ago.
Source: Google Finance