Quote from GlobalFinancier:
100 million includes 50 million for China and 50 million for the rest of the world. Though it may be spread out over a few years. I heard Wiis take $158 to make though hmmm
China? Who the f**k in China can afford such luxuries besides the few overprivilieged? China is sweatshop land.
It's a market driven by US and Japan, with Europe a somewhat distant third. Think 5 mil units a year worldwide, which is a high number since demand dries up quickly after the first two. Then consider a consoles lifespan, around 8 years. Do some calculations and then throw all of em out the window since money is made on the games, not the console units.
I would not doubt if the Wiis sell at a profit, Nintendo was able to pull that off with the Gamecube. Nintendo also has the largest exclusives from their own games studios, like Zelda, Mario, Smash Brothers, etc. They rely on third party games the least, although I expect to see even more due to their new strategic direction.
So buy the stock if you want, but that run up from months ago is because of E3 and the experts who were able to properly evaluate its launch. What you want to watch now is the handheld market which is basically PSP vs Gameboy Advance. PSP is here to stay for a while, awesome toy, it's Nintendo's move for a new unit. And if you actually know games, you can figure out the exclusive super hits that actually cause gamers to go out and buy the consoles.
. Though it may be spread out over a few years. I heard Wiis take $158 to make though hmmm