Nintendo stocks take a knock as city doubts sales projections

Investment consultant company Nikko Salomon Smith Barney has down-rated Nintendo’s rating for secure investment to medium risk sending the company’s value plummeting by over 4%

Nikko Salomon Smith Barney states that Nintendo is overestimating the demand for its Game Boy Advance console across the world. At this point in time Nintendo officially expects to shift another 24 million units of the machine this year alone. Which is a lot.