2017 is not off to a great start for Nintendo. Nintendo is hoping that the Switch will be the company’s “savior” following the flop of the Wii U, but it looks like their road is still rocky.
Following the announcement of the console’s pricing and availability, the company’s share prices actually took a hit, which was a bit unexpected.
According to the numbers, Nintendo’s share prices fell by 5.81% after the console’s price of $300 was revealed. I guess investors did not think that the $300 price tag was attractive enough for customers to give Nintendo another chance with the Switch. However, the console has not yet been released, so you never know.
So far based on initial feedback of the console, it seems like a mixed bag. Some gamers are excited, some are not. Hardly a sweeping endorsement of the console. People don’t seem to be too pleased with the price either. Time will tell how well the console will do when it is released though.
The initial batch of games announced for the Switch are pretty cool, with Mario Kart 8, The Legend of Zelda: Breath of the Wild, a new Mario game in the form of Super Mario Odyssey, and Skyrim. We will have to see how this console does.
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