Nintendo was never doomed

[Ali_16x]

RolStoppable said:

Ali_16x said:

Well I'm not sure about the R&D thing, but if you got evidence go ahead and post it but the thing about mobile is 100%.

Nintendo was nowhere close to being in serious trouble because the 3DS and Wii U only put a minor dent into their cash reserves. Here's a link to Nintendo's corporate website with investor-related information:

https://www.nintendo.co.jp/ir/en/finance/index.html

Mobile has yet to account for a significant amount of Nintendo's revenue and profits.

Regarding Nintendo's stock price, merely looking at an interactive chart that allows you to see the dates on spikes makes it clear that the current level of Nintendo's share price is higher than any spike from mobile announcementes, and the current level is exclusively driven by Switch performance and expectations. The highest share value due to mobile games is $33, the current value is above $40. Even more fascinating is that Nintendo's share price was stable in the $25-26 region from January to early March 2017, but since the launch day of Switch, the price has climbed by $15 or roughly 60%. And unlike the shortlived spikes from mobile, it has been a steady and stable increase in the last six months.

And what exactly am I suppose to do with that link? I mean if you have something, then go ahead and post.

I never said Mobile had anything to do with profits, it had to do with Stock.

And regarding what you had to say for stock price, what? What you said makes absolutely no sense. If you look at any mobile announcements you can see HUGE increases. The ONLY reason the Nintendo stock is so high is BECAUSE of mobile announcements. I mean, if we didn't have those mobile announcements,are you ACTUALLY going to say that it would have been the same price as now, just from the Switch alone?

Oh and we did see increase in Pokemon sales and 3DS sales in the west because of Pokemon Go, so obviously it did impact Nintendo's profits.

 

On a seperate note, all this thread shows is that Sony as a whole is extremely undervalued in the stock market. The PlayStation business is way bigger than Nintendos, and PlayStations digital revenues is bigger than Nintendo as a whole.