Nintendo Share Price Reaches All Time High After Successful 2023
The market price of Nintendo per share has reached an all time high after the company had a successful year in 2023.
On the last trading day of the year, the market price of Nintendo per share has reached an all time high, topping the company’s peak Wii era share price from 2007 and setting a new record.
As per the stats, the lowest recorded share price for Nintendo was on May 19, 2003 during the Gamecube era, amount to 806 Yen per share. The company’s average share price is 2900 Yen. The 2023 year end stock market stats indicate that Nintendo is in a confident position, not only heading into 2024 but also its next console generation.
As for the company’s next console, the Switch successor, Nintendo of America President Doug Bowser recently hinted at the strong possibility of the upcoming console supporting backwards compatibility. He stated that one thing Nintendo has already done with the Switch with regards to the communication of this transition is the formation of the Nintendo Account. In the past, every device Nintendo console users transitioned to had a whole new account system. According to him, creating the Nintendo Account has allowed the console maker to communicate with with players that if and when it makes a transition to a new platform, it will help ease that process or transition.
He mentioned that Nintendo’s goal is to minimize the dip typically seen in the last year of one cycle and the beginning of another. He steered clear of making any statement regarding the Switch 2’s feature set, but did emphasize that the Nintendo Account is a strong basis for communicating a smooth transition to the next platform for existing Switch users.
YouTuber Nate the Hate, who has a good track record with regards to Nintendo leaks, had mentioned that he had heard the console will support DLSS 3.5 ray reconstruction, though it may not be feature complete in comparison to what is there on PC. One of the features that he believes is being omitted from the Nintendo Switch successor is frame generation, which was introduced with DLSS 3.1.
