Analyst: Nintendo will be bankrupt in 5 years

[Joelcool7]

Too many pages to actually read. However he obviously doesn't know much about Nintendo.

I mean he talks about how Nintendo tried to mimic Apple's casual market grab. Saying they saw Apple's success in 2006, well sorry bud but DS came out way earlier and Nintendo was already aiming toward a casual market. It isn't like Nintendo comes up with their next console on a whim they invest years of R&D and they know full well who their product will be aimed at long before they announce the product.

He has somewhat of a point when he points to Nintendo loosing a large amount of the casual gaming market, he also has a slight point that Nintendo will have a hard time going directly after Microsoft and Sony if they played the same game they did last generation (Going for huge graphical power).

However indications are Microsoft and Sony are going after Nintendo next generation. That market Nintendo supposedly lost is what Microsoft at least says they hope to acquire with Kinect and future Xbox platforms. If the casual market is truly lost then Microsoft will join Nintendo in biting a huge financial bullet. But in doing so Microsoft will give Nintendo a chance to compete graphically. All evidence indicates that PS4 and Nex-Box will have similar power to WiiU, this means it will be much easier for Nintendo to get the third party support they need.

Yah Microsoft and Sony have way more assets to support their console industries. But Nintendo has what 13-billion USD built up, that isn't going anywhere in the next 5 years. As an analyst this guy should probably research the companies he is analyzing better, he'd realize Nintendo has been technically a loser in the past and has always sprung back throughout its more then a century long history!

Man I don't trust analysts none of them seem to know shit about Nintendo. They look at very short term financials and not long term. I remember when Revolution was announced Nintendo's stock was down and many analysts were saying sell. I knew Nintendo would bounce back and wanted to buy stock, unfortunately I didn't have the cash. But then look at a year or so ago the stock was worth a shit load. Now its down again I also expect it to drop further next year. However I would buy as soon as I think it won't drop lower which will likely be right before the WiiU releases. Once the WiiU releases there is a 25% chance or so that it won't do very well (3DS style crash) so waiting till it launches is risky. However rest assured Nintendo will rebound fast.

Also the moron calls PS2 superior lol, idiot. Then add the fact that he claims GameCube was a failure. Market share wise yes but profit wise absolutely not. He should be saying how Nintendo managed to get investors huge sums of money and reep shit loads of profits on the least successful platform of that generation!