Once again, Nintendo released a quarterly earnings report that not only solidifies the company as a major player going into the next generation, but shows that it's certainly onto something with both the Wii and the DS. But according to that same report, not everything is perfect with the company's handheld system.
According to Nintendo, it's only forecasting 9 percent growth going forward as sales of the DS continue to slide and expectations of higher sales continue to dwindle. Nintendo contends that DS sales could fall to 28 million units from 30.3 million units sold.
And while some market analysts are disappointed with the news of the DS slowing and the company itself not growing as fast as they would like, they fail to fully understand the nature of the beast they're trying to gauge.
If analysts were worried about the Wii, I would probably agree. But why would anyone be worried about Nintendo's plans for the DS? Will it sell fewer units this year? Maybe. But if nothing else, I think that we'll soon find that Nintendo has something up its sleeve that will jump-start sales and send those same, misguided analysts into a frenzy.… Read more