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

[DanneSandin]

Lawlight said:

tbone51 said:

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.

Its going to be very interesting to see Nintendo going forward. The Fusion idea might prove to be quite successful; at long last a console Nintendo themselves can support alone. That might sell 50m+ maybe even 75m+. Lets not act as if Nintendos console business is doomed.