📉 The market is in a fever: Nintendo is falling, Sony is growing.What's happening? Friends, the latest financial reports have arrived for May 11–12.The news for Big N fans is, frankly, troubling.The industry is changing right before our eyes, and even loud announcements can no longer save the situation.
🔴 Nintendo: Even Star Fox didn't help Nintendo shares fell 7-10%, one of the worst declines in years.
Powerlessness in front of the market: The sudden announcement of a new part of Star Fox could not stop the fall in quotes.Investors look at numbers, not favorite heroes.
The price of Switch 2 is rising: Due to the AI boom, memory chips have become more expensive.In the US, the console will now cost $499.In Japan, the price will jump from May 25th.
Nintendo apologizes: The situation is so serious that the head of the corporation personally apologized for the rise in price of consoles and the increase in the cost of a Nintendo Switch Online subscription.
Restrained forecasts: The company expects sales of 16.5 million consoles, which clearly upset the market.
🔵 Sony: Bet on elitism Sony has a mirror situation: shares rose by 5.7–10%.
PS5 Pro for $900: The horse price did not scare investors.The $3.5 billion share buyback program worked as a shield.
License control: The introduction of a “30-day verification” of digital licenses was received positively by the market as protection against piracy, despite the dissatisfaction of players.
Profit growth: Sony expects +30% profit in the gaming sector due to its powerful exclusives.
We think that the upcoming Summer Game Fest (June 5-8) will show whether PS really has an ace up its sleeve.Let us remind you that Nintendo has three major games coming out in the next three months: Yoshi and mysterious book (05/21), Star Fox (06/25) and Splatoon Riders (07/23). The latest PS exclusive games (Marathon and Saros) did not live up to the publisher's expectations.
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