Nintendo's share price has dropped by a further 8.7% after its remodelled DS, the DSi, failed to impress investors.

The new handheld hardware, which features larger screens and a built-in camera, retails in Japan from November 1 priced 18,900 Yen (£90), but its unveiling did nothing to halt the company’s steady decline in the stock market.

"Nintendo's announcement on the DS didn't exceed investors' expectations,'" Yoku Ihara, head of equity research at Retela Crea Securities Com told Bloomberg. "The stock market was so bearish that the news didn't help the shares gain."

Nintendo’s share price has been in steady decline over recent months, with the global financial crisis and a strengthened Yen believed to be contributing factors.

The DSi's European release is expected some time in spring 2009.