BREAKING NEWS -
Traders have undervalued Nintendo for for the last two years.
Pokemon sold 2.5 million first week, and NOT ONE trader noticed.Wii Play, DK and Pokemon US/EU will def. put some confidence back into it, and if you genuinly believe the Wii and DS won't be big sellers again this Christmas you're pretty naive.
Remember this is a company with only 30,000 employees. http://www.businessweek.com/interactive_reports/global_champs_2009.html?chan=top news_special report -- health care reform_special report - world%27s best companies 2009
“When we make some new announcement and if there is no positive initial reaction from the market, I try to think of it as a good sign because that can be interpreted as people reacting to something groundbreaking. ...if the employees were always minding themselves to do whatever the market is requiring at any moment, and if they were always focusing on something we can sell right now for the short term, it would be very limiting. We are trying to think outside the box.” - Satoru Iwata - This is why corporate multinationals will never truly understand, or risk doing, what Nintendo does.
