cusman said:
TheLastStarFighter said:
I have bought a significant amount of Nintendo stock. I can say that a big reason I purchased was because of the leadership of Iwata and Myamoto. Nintendo's software has been other-worldly successful and Iwata has lead a complete revival of the Nintendo brand. 3DS is trending ahead of its predecessor and that will likely continue as DS dies of in the US. WiiU just launched to around 80% of the sales of Wii despite selling in a very different environment and at a significantly higher pricepoint. As a shareholder I'm very pleased. The philosophy of not going all out to push tech boundries is very wise. The low price and touchscreen interface should appeal to a mass-market audience. People may want a better-looking NSMBU, but it was probably affordable to produce and should generate buckets of profits. And as far as 3rd party support goes as a gamer I want it but if it doesn't come I'll just buy a PS4 or Nextbox depending on which seems better. But as a shareholder I don't really care as long as the systems still sell. 3rd party is great, but if you have a 1st part dominated system you make way more profits since you make more money off 1st party. I only want to see more 3rd party support in that it will help drive sales, especially late-life sales...but by then I will have probably sold my stock anyway. |
At what price point did you buy your NTDOY shares? They were at 52 week low last time I checked... very bad stock to own. They don't even pay dividends as well as they used to back when the Wii had its super success 2006-2008
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of course their dividends aren't going to be as good as 06-08, it based off profits. Nintendo's shares being suppressed is baffling, but I would be shocked if we don't see the shares near 20$ by mid year. All four devices are profitable right now with Wii selling well above it's software projections. Nintendo profited last year in the 3rd quarter with 3DS selling at a loss. There is no way they cannot be profitable this year while making money off 3DS hardware. They'll end up moving somehwere around 15 million 3DS' before the fiscal year is complete.
