6% rise for Nintendo
As the days draw ever closer to the launch of the Nintendo Revolution share prices are reflecting the interest in the latest gaming console.
At 1.35pm today Nintendo shares increased 6.2 percent to 16,070 on the Osaka Securities Exchange. Although there haven't been any major announcements by Nintendo the games industry seems to have created the hype leading the rise.
"I guess it has been a buzz of expectations,'' Hiroshi Kamide, an analyst at KBC Securities in Tokyo, commented to Bloomberg.com.
The price and the release date of the Revolution has yet to be announced but we can expect these details at E3 in May.
All we know is that Nintendo President Satoru Iwata said that the console will not be as expensive as the Xbox 360 or PS3. A price tag of between $250 and $300 has been mentioned. With the continued coverage across gaming websites across the Globe we can expect a further rise in the coming months.
