Summary- Nintendo and Sony both doing well, Microsoft has had a big decline in stock price, about 11% from its high point a few months ago.
Summary- Nintendo and Sony both doing well, Microsoft has had a big decline in stock price, about 11% from its high point a few months ago.
Umm.. you posted the wrong link for Sony. Some points: 1/ Sony's shares have crashed over the last couple of years (about 50% down I believe). They need some good news/performance. 2/ MS's stocks crashed a while back (used to range around the $60US mark I believe). They have actually risen about 10% in recent times. 3/ Nintendo's stocks have soared (since around the time of the DS introduction). I was going to buy shares in them, but couldn't easily get access to their stocks (no Nintendo stocks trade in Australia). I remember a few years back they used to be around the 4000-yen mark ($40) - and are now into the 20,000's (around $170-$200 for a single share I think). Sony/MS are large corporations - where games are only a fraction of their dealings. Their stock prices often vary significantly on non-gaming issues/factors. Nintendo however is the opposite - with stock prices based solely on recent game/hardware performance. It didn't see that long ago that people were predicting Nintendo to leave the hardware industry completely. EDIT: you only get part of the picture when you look at the stocks that trade in the US. Look at the Japanese/real stock prices if you want better info (from memory, the Nintendo stocks that trade in the US are not real stocks).
Gesta Non Verba
Nocturnal is helping companies get cheaper game ratings in Australia:
Wii code: 2263 4706 2910 1099
Ok, I fixed the link, the link for sony now shows sony's stuff.
Did a quick Google, and found this link (article from late last year, but still relevant): http://www.joystiq.com/2006/09/05/wii-anticipation-drives-nintendo-stock-price-to-six-year-high/ EDIT: here is a more recent and informative article about Nintendo stocks: http://ce.seekingalpha.com/article/29248 The price of a single N'share is around 31,500 yen - $266US. About the price of a Wii ;)
Gesta Non Verba
Nocturnal is helping companies get cheaper game ratings in Australia:
Wii code: 2263 4706 2910 1099
I'm actually more interested in Microsoft's stock price. The recent low sales of the 360 are coincidentally coinciding with their dropping share prices (even if only by a few dollars or 10% but still) and what looks like the impending failure of the HD-DVD which would be a big and easy cash cow to maintain, while sales of vista, what many consider to be their main product are doing well. But, yeah, Nintendo has done great, and they deserve their reward.
I'm a mod, come to me if there's mod'n to do.
Chrizum is the best thing to happen to the internet, Period.
Serves me right for challenging his sales predictions!
Bet with dsisister44: Red Steel 2 will sell 1 million within it's first 365 days of sales.
A bit surprised by Sony shares. I thought with PS3's low sales they would be low. Must have gotten a boost from other areas inside the company.