Tuesday, August 09, 2011

Encyclopedia Brown Cracks the Case

July 28, 2011: Nintendo announces a net loss of $324 million between April and June and slashes the price of the Nintendo 3DS by $80.

August 9, 2011: Apple surpasses ExxonMobil as the most valuable public company in the world.

Coincidence?

3 Comments:

Blogger d l wright said...

Further evidence: Angry Birds may be worth $1.2 billion

Sun Aug 14, 01:12:00 PM GMT-7  
Blogger M S Martinez said...

Only related if, because of the lack of plastic produced for 3DSs, Exxon price dropped.

Apple is hurting Nintendo's business, but the $250 price point was always wrong.

Sun Aug 21, 07:36:00 AM GMT-7  
Blogger d l wright said...

I dunno dude. I don't even think the current price point is going to help matters.

$40 games when you can just get Cut the Rope for pocket change?

Sun Aug 21, 02:06:00 PM GMT-7  

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