Nintendo shares drop after DSi news

The internet may be abuzz by the announcement of Nintendo’s DSi, the revised version of the DS Lite, but the news certainly hasn’t helped the company’s stock price. Bloomberg revealed that Nintendo’s shares actually dipped in the Tokyo Stock Exchange.

According to Kotaku, Nintendo president Satoru Iwata announced the DSi at roughly 1:39 pm Japan time. Apparently, Nintendo fell 3.7% to close at ¥39,500 right after the unveiling.

Bloomberg also said that while Nintendo’s stock has doubled in each of the past two years, it has lost 41% in 2008. But when compared to rival Sony, it doesn’t seem so bad. Relatively, at least. Sony shares have dropped by 51%.

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