SoylentNews

Nintendo Announces Classic Mini: Super Nintendo Entertainment System

posted by Fnord666 on Wednesday June 28 2017, @03:32AM   
from the Disney-Vault dept.

butthurt writes:

Following the discontinuation of the NES Classic Edition, Nintendo has announced a September release of another miniature, retro game console with pre-loaded games. It will come in two versions: one for Europe, Australia, Japan and the UK; the other for America. They will differ in styling and in the included games. US Gamer lists the games that will be built into both versions. Star Fox 2, written circa 1995, is to be released for the first time as one of the built-in games.

The consoles will be powered by USB and will not include a mains adaptor; output will be over HDMI and

all games included in the Nintendo Classic Mini: Super Nintendo Entertainment System are the original US 60 Hz releases.

Two controllers will be hard-wired.

As usual, the console is expected to be in short supply. Nintendo's share price fell after the announcement.

additional coverage:

• official announcement (in Japanese)
• Polygon (about short supply)
• Express (about short supply in UK)
• BBC News
• Engadget
• Wikipedia article
• The Verge (about Star Fox 2)
• Polygon (about Star Fox 2)

previous stories:
Nintendo to Bring $60 "Retro" Video Gaming Console to U.S. Market
Nintendo to Discontinue NES Classic Edition/NES Classic Mini

---

Original Submission

• Counter intuitive stock behavior? Counter intuitive stock behavior? (Score: 3, Interesting) by kaszz on Wednesday June 28 2017, @04:17AM (1 child)

  by kaszz (4211) on Wednesday June 28 2017, @04:17AM (#532275) Journal

  Seems this is the reason for the stock fall:

  It is possible, albeit unlikely, that investors in Japan are simply expressing disappointment that the slate of titles announced for their local version [nintendo.co.jp] of the product – the Famicom Classic – includes Super Formation Soccer instead of the quirky role-playing game Earthbound, as featured in the SNES Classic’s games list [nintendo.com].

  Regardless it seems weird that a stock price falls after announcing the release of a bonus product. Is there any better explanation for this counter intuitive chain of events?

  Starting Score:	1		point
  Moderation		+1
  Interesting=1, Total=1
  Extra 'Interesting' Modifier		0
  Karma-Bonus Modifier		+1
  Total Score:		3

• Re:Counter intuitive stock behavior? (Score: 3, Informative) by vux984 on Wednesday June 28 2017, @04:51AM

  by vux984 (5045) on Wednesday June 28 2017, @04:51AM (#532283)

  Is there any better explanation for this counter intuitive chain of events?

  a) "Buy on the rumor, sell on the news" is another explanation.
  b) By sheer coincidence some technical cycle, chart formation appeared, or a moving average crossed an indicator and people were trading on that.
  c) No real human investors had anything to do with it. Just a bunch of HFT algorithms tied to twitter and buzzfeed...
  d) ???

  Seriously, who knows.

  Day trading is a joke. Mid-long term trading on fundamentals etc is still valid, but timing the market based on news is a crap shoot.

  Parent