Column: Is Nintendo the new BlackBerry?
“During this fight, I've seen a lot of changing, in the way you feel about me, and in the way I feel about you. In here, there were two guys killing each other, but I guess that's better than twenty million. I guess what I'm trying to say, is that if I can change, and you can change, everybody can change.” - ocky Balboa in “Rocky IV,” after winning the Cold War by KO
When you last saw me 'round these parts, I questioned the future of Nintendo, suggesting that doom could be on the horizon because of lousy hardware sales.
Now, I've been analyzing and writing about the video-game industry from an investing perspective for quite a long time, so I wasn't surprised at the outrage displayed in the comments section of that article. Gamers do not like to hear anything negative about their chosen platforms - that's just the way it is.
Nonetheless, in the interest of being a good sport, I decided to step back and take a fresh look at the house Mario built.