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Forums - Nintendo - Will Nintendo's Stock Reach it's Highest Ever?

So Nintendo's stock just keeps rising higher and higher ever since the announcement of the Switch. Even higher than the Amiibo and Pokémon Go phase, infact it's currently at it's highest since 2008. My question is with Switch still not yet reached it's full potential, many big games and other products like the SNES Mini and even a Nintendo theme park on the way could Nintendo's stock reach higher than the prime days of DS/Wii in 2007?

It's a long ways to go, but it's certainly on the right path to.



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How high was Nintendo's stock during the best period of the Wii-DS years? Considering the spectacular profits of that era, it's going to be difficult to match that, even with the Switch.



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Darwinianevolution said:

How high was Nintendo's stock during the best period of the Wii-DS years? Considering the spectacular profits of that era, it's going to be difficult to match that, even with the Switch.

70,500 JPY on November 2nd 2007

Right now the stock level is around at 40,000 JPY so we are passed half way atleast. Anyway the true reason for the huge bump in stock pricing is due to China

From this article

"Last week, Nintendo revealed that it is bringing Tencent's (TCEHY) "Honor of Kings," one of China's most popular games, to the Switch console this winter.

The deal "could be a precursor to further arrangements allowing Nintendo to sell the Switch and its mobile games in China," the Wall Street Journal reported Tuesday."

So the stock is going up because Nintendo has a chance to break into the China market. If that happens then the Switch could sell a lot more units than any other console . Of course it will take a long time to get there but this is a start.



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Wow, it really jumped.And as Killeryoshis said, if this breaks into the Chinese market successfully, that 130 million units goal might not seem so off.



Most consoles sells the most in their second year and that looks to be the year where Pokemon Switch is dropping. So i say 2018 - mid 2019 will be it's new peak. I don't think it will beat the Wii/DS peak. Likely close though.



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