kowenicki said:
Its about to dip below 14$, the price traded above 15$ for most of 2004, and around 14$ for much of 2005 (wii launched 2006). If I am being realy critical then the future looks increasingly bleak for Nintendo on the financial front. When they miss their trargets (and they will...... again!!) the stock price will get a spanking. |
Oh, is that so?
Eh, feels sort of high.
I don't know the ins and outs of the software stuff but when you think about it, the 3DS is below the DS. While the Wii U started out ahead of the 360 and the PS3, but has since dropped below it... which is all pointless anyway since all three started BELOW the Gamecube. And the Japanese economy is tougher now then it was when the Gamecube came out.
All and all, it feels like its worse then the Gamecube era at current. Sure they can always turn it around, but videogames is more or less a short term stock because.... videogames are essentially short term products, you never know who's going to come out on top, because pretty much anybody could. It's not like most other industries, where winners and losers are easier to predict.
It's more like... the Movie industry. It lives or dies based off it's latest hits because you never know what's coming.
People on the boards decryed it, but I really don't see the harm in making mobile games. Just some easy ports of Arcade and NES Classics could get them a hugely outsized profit with little to no risk.
