By using this site, you agree to our Privacy Policy and our Terms of Use. Close
Soundwave on 01 September 2009
Edit Thread
Ail said:
Soundwave said:

Temporary dip in Nintendo's stock means it's a damn good time to buy some Nintendo stock. Investors know that too.

The DS is going to sell more than any Game Boy (or Playstation for that matter) ever has ... yeah thanks Sony for the "competetion", lol. The DS has trounced the PSP in every market ... PSP being "the next Game Boy" sure worked out for them. All they did was awaken a sleeping dragon. 

 

Then you should put your money where your mouth is and buy those stocks :P

The majority of the DS sales are behind it so I don't see how the fact that it can still sell 30 or 50 millions units in its life should affect stock that much........

 

I actually am looking to buy some Nintendo stock for sure. $33.50 a share is still very, very friggin' expensive though, it's not cheap at all. Nintendo stock is still more than Microsoft stock (24.65 share price) or Sony stock (26.74) even right now. The main reason I would invest in Nintendo is because they're a very stable business. They don't ever take a loss on anything and have a stable of franchises that continually print money and they are don't take wild risks either. So as an investment you could do a lot worse.

And I suspect they make some (edit: a lot of) money off the Wii too ... lol, you don't sell 50 million of those at a profit per unit and a bazillion copies of Mario Kart, Wii Fit, etc. without taking a tidy sum. The Wii sells more software than the DS does in North America and Europe, way more.