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Looks awfully cheap. Nintendo has a bigger moat than it tends to get credit for. I'm also entering the point in my life where I appreciate games that families can play together. Playstation rules the college kids, but Nintendo stuffs family stockings (and lets gamer dads buy new games "for the kids"!)
Not a lot of talk about Nintendo here on the Fool. We're just 3 months away from the release of their next console, Wii U. The successor to the biggest selling console ever, the Wii. Nintendo is a cyclical company, clearly we're about to begin another Cycle. The stock has bottomed out, and it's back up from here...just like the last cycle, and the one before that, etc etc. $13.83 / share right now is CHEAP! If history is any indicator, never count Nintendo out! I want to hear more about this stock here on the Fool.
I think closely held Japanese companies are hard to really analyze. My understanding is the filing rules in Japan are quite different than in the US, so in many cases it's impossible to make apples-to-apples comparisons to similar US companies. The big concern in the video game industry is competition from smart phones and tablets. Consumers are getting used to paying 2.99, 1.99 or even 99 cents for a game, making $60 video games look quite expensive, even if they do offer much better graphics and quality. WiiU is a HUGE question mark. It could be Wii 2.0, phenomenally successful and potentially game changing. Or it could be kind of a dud (perhaps like GameCube?) The initial buzz isn't quite sure what to think about it.
Nintendo's other big weakness has been a difficulty in winning over 3rd party developers. There were some great in-house titles to support the Wii, but few 3rd party titles really took advantage of the hardware. The 3DS really highlighted this weakness. Aside from Capcom's Streetfighter offering, 3rd parties haven't jumped on the 3DS at all.You don't want a lot of shovelware on your system, but at the same time you really do want the big boys to put out games for your hardware. I'm not sure if Nintendo has taken many steps to fix that problem.