I've not invested heavily in this stock for a while. However before people write off the current price they should consider that a) the Wii is selling to a much bigger market than that of traditional consoles and b) It's quite evident that Nintendo's strategy is becoming more akin to Apple's iPod than again "traditional" consoles.
They've just announced the 3rd DS revision. Anyone expecting Nintendo to just ditch that in 2 years and announce a new Gameboy doesn't get it.
Nintendo WILL follow exactly the same strategy with the Wii given it's success. There WILL be new Wii colours, there WILL be a Wii "HD" of some description. If it sells 15m a year for 10 years that's a 150m already.
I don't know whether it will reach those heights but the arguments trying to disprove it that rely on knowledge gleaned from other consoles is much much less likely to apply.
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They've just announced the 3rd DS revision. Anyone expecting Nintendo to just ditch that in 2 years and announce a new Gameboy doesn't get it.
Nintendo WILL follow exactly the same strategy with the Wii given it's success. There WILL be new Wii colours, there WILL be a Wii "HD" of some description. If it sells 15m a year for 10 years that's a 150m already.
I don't know whether it will reach those heights but the arguments trying to disprove it that rely on knowledge gleaned from other consoles is much much less likely to apply.