Nintendo's Fils-Aime Hits Back at Analysts as Stock Declines
- Fils-Aime says analysts wrong to doubt ability to surprise
- Says negotiations ‘on going’ for more video content on Switch
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Nintendo Co. executive Reggie Fils-Aime is fighting back against the view that the game maker is running out of surprises, a sentiment that has fueled the company’s worst stock rout in almost three years.
The head of Nintendo’s U.S. operations said on Wednesday in Los Angeles that analysts who doubt its ability to deliver more content have got it wrong, saying that the Switch hybrid console is on solid footing ahead of its second holiday season. He defended the game lineup unveiled at this week’s Electronic Entertainment Expo — which analysts have criticized as lacking — promising to show more “in the weeks and months ahead.”