latest

Nintendo NX Launching in March 2017 with Zelda U, Stock Drops Over 5%

During Nintendo's annual investor's meeting in Kyoto, we finally learned more about Nintendo's most anticipated products: the new Legend of Zelda for Wii U, and the upcoming console known only as the NX. According to a PR email we received from Nintendo, Nintendo NX will launch in March 2017, and not appear at E3.

  • NX: Nintendo previously announced that it would release more information about its next system, code-named NX, this year. As the first announcement of any NX information, Nintendo confirmed that NX is scheduled to launch in March 2017. NX will not make an appearance at the upcoming E3 video game trade show in Los Angeles in June and will be unveiled later this year.

Nintendo talking about NX's announcement and release

Along with this delay, Nintendo also announced an NX version of the upcoming Legend of Zelda. Like the NX, however, the game will also launch in 2017.

  • The Legend of Zelda: The latest installment in this classic franchise is scheduled to launch simultaneously for both Wii U and NX, and both versions of the game have been in development in tandem. Because developers need more time to polish the game, it will launch in 2017, but it will be the focus of Nintendo’s presence at E3.

Nintendo announcing Zelda U delay and NX version

Nintendo also revealed their E3 plans, writing:

  • E3: Nintendo changes its approach to the show every year. This June, Nintendo will focus its attentions on the upcoming game in The Legend of Zelda franchise. The Wii U version of the game will be playable for the first time on the E3 show floor, and it will be the only playable game Nintendo presents at the show, in order to provide attendees a complete immersion. Additional information about Nintendo’s E3 plans will be announced in the future.

These announcements have caused great controversy, with Nintendo's stock dropping almost 5%(NTDOY) landing at $17.9585 at time of posting, from its $18.89 this morning. This comes fresh off the heels of a cataclysmic PR disaster that ended with the firing of Alison Rapp who was linked to moonlighting as an adult escort and mass fan unrest from poorly translated and localized games, such as Tokyo Mirage Sessions #FE, Bravely Second, as well as Fire Emblem Fates.

This news also does not bode well for fans of the Wii U, as the 2016 line up is looking grim. Coupling that with a 60% fiscal free fall as Nintendo switches gears for the NX in 2017, the next 12 months look mighty rocky.

Author image
Gamertics Managing Editor in training; Ship2Block20 Contributor; Meme; Failure