After the announcement of the new profit outlook for Nintendo, it's investors reacted with orders to sell. The company's shares ended up down 6.96 percent, this is taken from the Reuters report...

Eri Sato, an senior analyst at Goldman Sachs, said she was revising her outlook on Nintendo to reflect the company's announcement, but would maintain her view that GameCube will grow in the medium term, taking a bigger global market share than Microsoft Corp's MSFT.O Xbox.

"Shares in Nintendo may come under pressure in the short term, but that would provide a good buying opportunity," she said.

Source: Reuters