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Investors love the Revolution

Revolution Nintendo’s stock rose more than 6 percent on the Japanese stock exchange today, on news that the Revolution console would retail for less than $300 — a big price cut compared to the PS3 and Xbox 360.


If only those shrewd investors had read our post from December, when Nintendo’s president said the same exact thing to the Japanese press! Next time we see news like this, we’ll know to buy buy buy!

• Nintendo Shares Rise; Revolution May Sell for $300 [Bloomberg]

EARLIER: In yesterday’s Revolution Roundup, Nintendo’s president says the system will be out in the US before Thanksgiving, and the American VP of sales and marketing says they’ll beat the 360’s holiday numbers.

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