| spurgeonryan said: Nintedo is down a bit, but still well up over where it was just a month or so ago.
19.16
-0.40 (-2.04%)
After Hours: 19.15 -0.01 (-0.05%
Looking better and better every week!
|
Its reached a 6 month high (7974 Tokyo), and yesterday was only a slither of a retraction. Nintendo's already looking postive for the next FY.
I think the more competitors there are in the IPad market, the less powerful Apple stock is as a dampener on other stocks, like Nintendo.
“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.
