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Is Nintendo growth fizzling or taking a breather?

Nintendo Co Ltd shrugged off a global downturn to post record profits in the year to March as its Wii console and DS portable game player outsold rival machines from Sony Corp and Microsoft Corp.

But with signs of a slowdown in Wii demand and the DS facing a challenge from Apple Inc's iPhone, Nintendo shares have stayed flat in the past three months, while the Nikkei average .N225 has climbed 38 percent.

Has Nintendo, which moved in line with the market last year and significantly outperformed in 2007, fallen out of favour?

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qface643112d ago

why is it that every time something small happens its all of a sudden the end?
things like this happen all the time if they were fizzling a new color or price drop would change that greatly

SpoonyRedMage3112d ago (Edited 3112d ago )

Yer Nintendo is having a bit of trouble as things go but they seem to be fine.