EEDAR analyst Jesse Divnich has predicted that Nintendo will announce a true successor to the DS later this year ahead of a 2011 launch.
“We believe that due to the aging technology, the possibility of new competitors in 2011, a decline in publisher support and piracy, Nintendo will launch a successor to the DS within the next 15 months, and likely announce such in the next eight months,” he said in a research note.
Nintendo DS has become the biggest-selling games hardware in UK chart history, surpassing 10 million units sold, MCV can reveal.
The device hit the milestone in week 47 of this year according to GfK-ChartTrack data, taking it past the record held by Sony’s PS2.
UK unit sales of PS2 stand at 10.02 million to date, whilst DS has already hit 10.05 million.
DS has been on the UK market since March 2005. PS2 launched nine years ago in November 2000.
@zeromous,No...I'm just done with the DS...I have a short position but am not going to try and drive the price down any more...I've put in a buy to get out when those driving the price up return.
The problem I find is that if TSE is to utilise the wisdom of crowds theory, then it should aggregate all information about a stock and reflect that in the price. Too often however, new information will come to light and the price doesn't shift.
Generally speaking, it has to be something really obvious for there to be any price movements, like Brutal Legend tanking at NPD, for example. So it's not completely broken. If it was calibrated correctly however, there would be more fluctuation in the prices.
Exacerbating this problem I think is the general lack of activity which means the time trust & auto market makers have more influence over the prices than they should for the volume they were designed for. At 75k, you only need three people to put their time trust in something to shift the price but there is no equivalent going the other way. Regular players therefore get 175k to buy anything they like and because they have to spend it, I wager they are less fussy where the money goes.
Hence a stock like this can grow this high because a lot of people see the DS doing well and think it suitable for the time trust. As it keeps going up, it makes people money, people see this and the cycle continues.
When there was a lot more trading, the effects are neglible but at current volumes it puts it out of whack. Unfortunately, unless something changes dramatically I don't think it's fixable.
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