Nintendo stock down 5% after Wii U reveal

Hahahahahahahaha!

From Joystiq:

While our feelings were ... oh, let's be nice and say "mixed" on Nintendo's just-announced Wii U traders on the Tokyo Stock Exchange were pretty much clear about their distaste. Nintendo stock closed down five percent yesterday after the company's E3 keynote, settling at 16,970 yen ($212.44) -- a low the company hasn't seen since before the launch of the original Wii.It's not good news for Big N, but we're talking about a company that's made its fortunes on seeing opportunities where others don't. And hey, look at it this way, Nintendo: History has proven we'll eventually drop our defenses, conquer our trepidation and buy one anyway. So you've got us.

• Source: Forbes

Project Cafe leaked image?

Personally, I think it looks like something Microsoft would release. I have never seen a black Nintendo console as a initial release.

From: [Destructoid]

We've been inundated with all sorts of mock-ups and leakages concerning Project Cafe, the rumored HD console being developed by Nintendo. The latest development is this supposedly leaked image, found on various forums and image hosts around the 'net.

"Project Cafe is simply the most developer friendly SDK the industry has ever seen," reads the text accompanying the image. "Deliver unparalleled next generation performance at current generation costs. It doesn't get any easier than this."

The image also boasts easy portability from PC and Xbox 360, as well as the ability to update games at any time and an integrated M-Live framework.

As with everything concerning Project Cafe, don't take the picture as incontrovertible truth. Looks pretty slick though, right? What do you reckon?

There are also rumors that it'll be called 'Stream'. I hope that isn't true.