We know the news of Metal Gear Solid 4's delay has you down. Hell, you should see the bar tab we rung up after the announcement. Although we'd like to believe we're the most important people to be affected by it, that simply isn't the case. Konami's investors definitely take the cake this time, as they witnessed the company's shares fall 6.8% today, their biggest drop in four years.
You'd have to go back to a year when people still remotely cared about The Matrix Trilogy (2003) to find as large a drop for Konami. According to an analyst Bloomberg spoke with, investors "were active sellers today because of disappointment over the delay." On the bright side, at least spurned gamers aren't liquidating their pre-order portfolio.
Reader Comments (31)
Posted: Nov 1st 2007 12:30PM (Unverified) said
I agree. What I want to know is if the delay is to allow to ps3 to get enough (or attempt to) units in the wild to make money or if it's really a development delay.
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Posted: Nov 1st 2007 2:59PM (Unverified) said
I bought my PS3 in January in anticipation of playing MGS4 by now. If it wasn't for BluRay movies and Ratchet & Clank (FINALLY a solid exclusive title and nice surprise) I'd have one helluva $600 doorstop.
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Posted: Nov 1st 2007 12:23PM The Wicker Man said
You must watch his show jerk face. That guy is nuts.
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Posted: Nov 1st 2007 12:25PM Duke said
Mad Money with Jim Cramer.
http://www.cnbc.com/id/15838459/site/14081545/
That guy is awesome. He dresses in costumes and screams and yells. Its a riot to watch - plus, hes pretty on the ball with stocks.
Reply
http://www.cnbc.com/id/15838459/site/14081545/
That guy is awesome. He dresses in costumes and screams and yells. Its a riot to watch - plus, hes pretty on the ball with stocks.
Posted: Nov 1st 2007 12:26PM (Unverified) said
Huh. I'm going to have to check that out. Thanks, gents.
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Posted: Nov 1st 2007 12:58PM Vegeta has a ps3 said
Oh god that show is crazy. I'm sure they have segments of it on Youtube.
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Posted: Nov 1st 2007 12:25PM (Unverified) said
Lol the stocks falling down may the straw that breaks the camel's back...
Economically Konami does have a lot riding on this one title in regards to the ps3...
MGS4 isn't my cup of tea but it won't surprise me if it goes multiplat for financial reasons...
However this wouldn't fly for sony fanboys who would throw a fit and accuse them of "betrayl" and being "greed".
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Economically Konami does have a lot riding on this one title in regards to the ps3...
MGS4 isn't my cup of tea but it won't surprise me if it goes multiplat for financial reasons...
However this wouldn't fly for sony fanboys who would throw a fit and accuse them of "betrayl" and being "greed".
Posted: Nov 1st 2007 2:31PM (Unverified) said
MGS4 multiplatform? No.
MGS4:"Sub"title? Maybe.
MGS2:Substance set the precedent for that, but it sold very poorly for various reasons and the release would be some time after the Q1 '08 release of SC:Conviction. That and they didn't bother with a MGS3:S port. I think if it's going to happen, it will be at least a year later with the expansion-packed release.
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MGS4:"Sub"title? Maybe.
MGS2:Substance set the precedent for that, but it sold very poorly for various reasons and the release would be some time after the Q1 '08 release of SC:Conviction. That and they didn't bother with a MGS3:S port. I think if it's going to happen, it will be at least a year later with the expansion-packed release.
Posted: Nov 1st 2007 12:26PM FredFredrickson said
So I guess I should buy some Konami now, in lieu of the 2008 release of MGS4? Or 2009 or 2010? Who knows, with all these delays.
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Posted: Nov 1st 2007 12:33PM (Unverified) said
Yes, sooner or later, this game is going to be on the 360.
The videogames bussines isn't about loyalty, is about money. And Konami is not going to get what they invest if they only release this game on the PS3.
Its inevitable.
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The videogames bussines isn't about loyalty, is about money. And Konami is not going to get what they invest if they only release this game on the PS3.
Its inevitable.
Posted: Nov 1st 2007 1:03PM Vegeta has a ps3 said
@F
Exactly. People need to stop fooling themselves. This is a business. Konami could give two shits what sony fanboys think because:
1. they are they're still going to buy the game.
2. Konami will make more money if this thing goes multi-platform.
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Exactly. People need to stop fooling themselves. This is a business. Konami could give two shits what sony fanboys think because:
1. they are they're still going to buy the game.
2. Konami will make more money if this thing goes multi-platform.
Posted: Nov 1st 2007 4:13PM Vegeta has a ps3 said
@slazi
Really? I thought Sony said they didn't have to pay off publishers to keep exclusives.
But seriously, yeah I wouldn't be surprised if that's the case. They paid for their arrogance by losing GTA4, they're not about to let it happen again.
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Really? I thought Sony said they didn't have to pay off publishers to keep exclusives.
But seriously, yeah I wouldn't be surprised if that's the case. They paid for their arrogance by losing GTA4, they're not about to let it happen again.
Posted: Nov 1st 2007 12:30PM (Unverified) said
But the new commercials are ging to help, right?
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Posted: Nov 1st 2007 1:02PM Razorlution said
Like all companies, they announce a delay, and their stock drops, but when MGS4 comes out, or when they announce its gold anyways, the stock will soar again, this is hardly news and happens all the time.
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Posted: Nov 1st 2007 1:06PM Vegeta has a ps3 said
Yeah but I think the difference is:
1. It's MGS4 one of the biggest games of 08
2.It's Konami's biggest drop in 4 years.
So yeah I would call that news.
You know it's funny really. While it's not gaining the same Media attention as halo3, on the interweb MGS4 is kinda becoming the new Halo 3. And of course since expectations are so high, people are going to be disappointed.
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1. It's MGS4 one of the biggest games of 08
2.It's Konami's biggest drop in 4 years.
So yeah I would call that news.
You know it's funny really. While it's not gaining the same Media attention as halo3, on the interweb MGS4 is kinda becoming the new Halo 3. And of course since expectations are so high, people are going to be disappointed.
Posted: Nov 15th 2007 10:27AM (Unverified) said
MGS4 becoming the new Halo 4?
Yeah, that was the most ridiculous statement I heard all day. Thanks for the laugh.
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Yeah, that was the most ridiculous statement I heard all day. Thanks for the laugh.
Posted: Nov 1st 2007 3:08PM (Unverified) said
So how much of a loss in market capital was that?
The numbers appear to correspond to about a 300 to 400 million dollar loss in market capital that Konami just took overnight...ouch!
If I was an investor, I think I would be demanding an Xbox 360 port!!
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The numbers appear to correspond to about a 300 to 400 million dollar loss in market capital that Konami just took overnight...ouch!
If I was an investor, I think I would be demanding an Xbox 360 port!!
Posted: Nov 2nd 2007 6:49AM ZippyDSMlee said
I wish Bioshock was delayed and finished....whatever konami is doing all I can hope is they try and polish up the game before release!
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