| Train wreck said: Companies can easily manipulate their bottom lines to account for profits and losses through cost cuts, laying people off, selling assets. In the video game industry its about sales growth. Nintendo sales growth is going in the wrong direction. Investors see that, that why nintendo is trading at its low for the year and almost below its pre Wii launch price. No future growth. |
That's fine about investors, but comparing a company that has been profitable continuously and in first place to a company that is losing money and in third place, well, I would clearly have more faith in the company making profit, even if the other company was seeing increased marketshare, because if the unprofitable compnay continues to lose money, it won't be around as long
Predictions:Sales of Wii Fit will surpass the combined sales of the Grand Theft Auto franchiseLifetime sales of Wii will surpass the combined sales of the entire Playstation family of consoles by 12/31/2015 Wii hardware sales will surpass the total hardware sales of the PS2 by 12/31/2010 Wii will have 50% marketshare or more by the end of 2008 (I was wrong!! It was a little over 48% only)Wii will surpass 45 Million in lifetime sales by the end of 2008 (I was wrong!! Nintendo Financials showed it fell slightly short of 45 million shipped by end of 2008)Wii will surpass 80 Million in lifetime sales by the end of 2009 (I was wrong!! Wii didn't even get to 70 Million)
