Who would've guessed that Nintendo, with all their recent success, would be doing poorly in the stock market.

According to financial analyst big wig Bloomberg, Japan stocks aren't doing too well following a contraction in the U.S. industry.  The U.S. is Japan's largest export market, so it's not big surprise that their stocks would be following our own troubling financial trends.

Nintendo, despite coming out on top in 2007, is by no means immune.  The company's shares fell 5.9 percent today to 45,800 yen, placing Nintendo at a seven month low; things haven't looked this glum for them since last July.

So we keep hearing about these Wii shortages and how DS Lites are still flying off the shelves nearly two years after its release.  Yet market analysts have suggested that with our declining economy breathing hard down our necks, consumers are spending less on expensive luxuries like video games. 

This sounds like bad news for video game manufacturers, and a company like Nintendo that relies solely on a healthy game industry might need to work a little harder to stay on top.