Miyamotoo said:
That management with horrible decisions keep making profit for Nintendo despite terrible Wii U sales and transition. |
A well run business does not have it s lowest revenues in 15 years - this is during a time of tremendous growth in their industry
additionally Nintendo s revenue has dropped each year since 2009 - also a time in which thier industry has grown substantially
so if sales in your specific industry are going up year after year and your companies sales are going down year after year at the same time, that is terrible management-
Remember, they are a publicly traded company, and growth and/or the belief investors that growth is iminent are the most important metrics
The fact they have made profits in some/most of the years of declining revenue often means they have not been investing enough in their own busness to reinvigorate their brand/business to spur growth-
Nintendo seems to be "betting the ranch" on this upcoming generation of hardware and on mobile- the only reason their stock is not down alot more is due to the hope /blief of investors betting on them making big money in mobile- any tangible sign(S) that they are not going ot make big money in mobile will send their stock price down significantly- Of course the reverse applies as well- but these price swings will be temporary until a trend sets in one direction or the other
FYI their stock is down %7.48 at this time based on todays news - the is a large 1 day drop if it holds - we will have to see were it closes the day
