Posted and article today about the Wii and this was the first time I saw how high this stock has climbed. I honestly have no idea how anybody can expect this stock to sell 160 million plus.
Excuse my rough figures but the Wii has sold approximately 30 million to date over nearly 2 years. To reach the levels predicted it would have to sell this value every year for the next 5 years. This is by no means scientific but it does highlight the phenomenal growth predicted.
My real problem with the Wii is I just see it being replaced sooner than the other 2 and 5 years seems a long time. Please educate me as to why this stock can before this well considering this market is no longer a 1 horse race.
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Posted and article today about the Wii and this was the first time I saw how high this stock has climbed. I honestly have no idea how anybody can expect this stock to sell 160 million plus.
Excuse my rough figures but the Wii has sold approximately 30 million to date over nearly 2 years. To reach the levels predicted it would have to sell this value every year for the next 5 years. This is by no means scientific but it does highlight the phenomenal growth predicted.
My real problem with the Wii is I just see it being replaced sooner than the other 2 and 5 years seems a long time. Please educate me as to why this stock can before this well considering this market is no longer a 1 horse race.