It seems that Nintendo is taking a minor turn for the worse as they have now dropped in their shares by 5%. This decrease comes after the Nintendo 3DS Conference that was held recently, by the end of that same day there share price was reduced to ¥12,290. How did this happen you may ask? Well it is all because of Nintendo’s investors wanting Nintendo to develop titles for the mobile gaming world, which is something that Nintendo will never do. Other possible reasons for this drop can be because of the Wii and 3DS sale drop, even if the 3DS made over a 200% profit that still didn’t cut it. Jump inside for what one investor had to say about this.

Nintendo succeeded by pulling in people who weren’t gamers and their needs now are no longer being filled by Nintendo, they are happy playing games on their mobile phones.

While the investor maybe right and players are now turning to the mobile world Nintendo has their own ideas in-store and maybe it may work in their favor, but whatever Nintendo must do, even if this means lowering the cost to download a game in their virtual shops(eShop),  they must act now for they are seriously getting hurt in the stock market.

Source: Joystiq