Nintendo is Going Under (Doomed)... Market Cap at 24 Billion; Highest in 4 Years

[Lawlight]

tbone51 said:

Lawlight said:
Stock price is not the reason people are saying Nintendo is doomed though.

Nintendo is doomed since 1889, thats all you need to know. People still waiting when only direction Nintendo is going is UP!

The truth is that Nintendo as you knew it is actually doomed. They will make billions from, maybe mobile games or other segments (and for a while longer, their handheld), but their console is becoming less and less relevant. And I believe Iwata has seen that coming which is why Nintendo has now started making mobile games and are moving into QoL.