Bloomberg: Nintendo Stock Rises In Wake of Successful (?) Wii U Launch

Nintendo Gains as New Wii U Sales Beat Predecessor

Nintendo Co. rose the most in almost four months in Osaka trading after its new Wii U home video-game console generated more revenue in the U.S. than its predecessor.

The stock climbed 5.6 percent to close at 9,070 yen, posting its biggest gain since Sept. 18.

Sales of the new console in the U.S. in the first 41 days after its Nov. 18 introduction were more than $300 million, while those of the original Wii were $270 million at the same point after release, the company said in an e-mailed statement. Nintendo has sold almost 890,000 unitsof the Wii U in the U.S., according to market researcher NPD Group Inc.Bloomberg

While we are looking at unit numbers investors saw something else.

So looks like investors don't care about the unit sales of the Wii U? This also confirms that they are pretty short sighted, because the Wii U already seems to be plummeting. Argh. Well, we'll see if Nintendo can pick it up. For now, here's some good news regarding the company for a change.

SOURCE

is there a sales report on the wiiu that i dont know about?

The sales of the Wii U were better than 360 launch I think?
They look at the numbers, and nothing else.
We didn't even look at the numbers, just complained about it without rhyme or reason.
You're believing all the "bad news" around nintendo because you want to believe it. So far I haven't seen what was so bad about its sales.

Nintendo was at 11k yen after the Wii U price/hype event, it now rose to 9k.

Yay?

I thought Wii U isn't selling well, wtf is going?

There's a WII U hate train ridden by idiots around ATM.

yup the wiiU is doing well...and now all the haters have to eat crow...

but they wont... like little babys pushing away their vegetables.

they wont rest until nintendo is not above their favorite systems.

Why do people constantly discuss Wii U sales in a negative light? To my knowledge it's six week launch sales are the highest of all time barring the Wii, and potentially the PS2 (I don't know the PS2 figures exactly). This, in a supposedly shifting gaming market that's not nearly as friendly to consoles as it was a little less than a decade ago.

Am I missing the failure someone else is seeing? Watch when this thing gets a price drop and some games start to release steadily.