In my last Nintendo (PINK:NTDOY) post I highlighted recent lowlights for the Japanese gaming giant. Nintendo shares hit a fresh 52 Week low yesterday in the U.S., just a month into the launch of their brand-new Wii U gaming console. It appears investors are convinced Nintendo's future looks bleak.
But recent sales data says otherwise. Let's take a look at the Wii U's sales figures to date, and to give them context, we'll compare them to the last console generation's launch figures.
Wii U sales compared to the last console generation's launch figures Microsoft's (NASDAQ:MSFT) XBox 360, Sony's (NYSE:SNE) Playstation 3, and Nintendo's Wii: [more]
Earlier in the year I said Nintendo looks like Rocky prepping for their biggest bout yet. Now, they look like Rocky in the early rounds of the fight, just taking a pummeling by Ivan Drago. [more]