gossomer on 29 September 2010
I agree that Nintendo should be releasing Wii 2 next year, however their is really no evidence that another console is in the works at this point. No specs out there.. no development kits, no product announcement leaks etc.
When I say "Nintendo is on death's door" i am referring to the fundamentals of the company and Wall Street's perception of the stock.
Their earnings peaked in FY08 at 280M Yen... and now they are tracking to 90MYen. I am not confident that the 3DS will be enough to offset weakness in NDS and Wii next year... I do think with a Wii 2 and 3DS in the market they can stabilize earnings and start to grow again.
Basically, If the Wii doesn't come next Holiday it may be another tough year for Nintendo.
