I think that this analyst has failed to even look at software sales. First off, price cuts by MS and Sony have failed to even dint Wii sales. Second, the Wii already has 7 million+ selling titles, 5 of which are from Nintendo. Third, Nintendo is already one of the top companies for selling software. Except for a Madden release week, Nintendo has consistently been the top software company in N.America and absolutely dominates in Japan. Fourth, Nintendo is in a much better position than MS or Sony to cut console prices if sales falter...yet this analyst neglects to mention it.
Nintendo's stock price has only recently caught on to the fact that the DS is a phenomenal success...I believe it still has a lot of room to grow as profits from the Wii come in (especially with their bit hitters coming out...Metroid, Mario, Brawl, Kart). At the end when they claim that "Casual audiences won't make Wii the industry leader", it makes me question whether or not they know much about the video game industry.
5
I think that this analyst has failed to even look at software sales.
First off, price cuts by MS and Sony have failed to even dint Wii sales.
Second, the Wii already has 7 million+ selling titles, 5 of which are from Nintendo.
Third, Nintendo is already one of the top companies for selling software. Except for a Madden release week, Nintendo has consistently been the top software company in N.America and absolutely dominates in Japan.
Fourth, Nintendo is in a much better position than MS or Sony to cut console prices if sales falter...yet this analyst neglects to mention it.
Nintendo's stock price has only recently caught on to the fact that the DS is a phenomenal success...I believe it still has a lot of room to grow as profits from the Wii come in (especially with their bit hitters coming out...Metroid, Mario, Brawl, Kart). At the end when they claim that "Casual audiences won't make Wii the industry leader", it makes me question whether or not they know much about the video game industry.