Amid concerns over manufacturing issues, Nintendo announced its 3DS handheld game player would not be on store shelves for the upcoming holiday season. News of delay on the 3-D device, which isn't expected until Feb. 26, sent the company's stock price plummeting nearly 9% on the Osaka Securities Exchange
Most had expected the US launch to be in 2011, but to find out the Japan launched had been pushed to Feb. 26 of 2011 was a surprise to most.
Nintendo continues to struggle with Game System Transitions. This will help put the spotlight on the Sony and Microsoft launches of motion based additions to their systems.
Additional to the delay, was the price. The price for the 3D DS was announced at $299, raising the concern of high sales volume. This is a very high price point for a portable game system.
Some game makers for the Nintendo system have also seen their stock prices fall with the release of this news.
JZ
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