Considering that DS in March 2005 sold around 20k per week, and now is selling 100k per week, I think such a scenario is possible.Ynos Yrros said:Thing is, that with each next great game on the system, it's value raises. Right now, PS3 in Japan has.... 1,2.... maybe 3 great games. Ridge Racer 7, which was killed by the worst launch ever, Virtua Fighter 5, which isn't popular on home consoles since VT2, and Gundam Musou, which isn't a very good game IMO, but it's enough for fans.
Right now, PS3's value is very close to zero as a gaming system in Japan. Why would people buy it? Now with MinGol, NGS and so on so on, the value of PS3 will raise from zero to hero in the day that FFXIII launches. The system will have higher weekly sales than it does now, probably around 30-40k in standard weeks at the beginning of 2008.
Of course thinking that PS3 won't die is blasphemy.
First Children said:Considering that DS in March 2005 sold around 20k per week, and now is selling 100k per week, I think such a scenario is possible.
But there is also the possibility that the initially low sales may hurt 3rd party support, and we may see some "big" games delayed, hurting sales even more.
Anyway I think ps3 can reach a stable 20-30k of weekly sales with the right games.
Cyan said:So... how does one go about buying Nintendo stock?
gcfan2k5 said:
Cyan said:So... how does one go about buying Nintendo stock?
1. The DS wasn't utterly failing at that point (March 2005), the PS3 is utterly failing right nowFirst Children said:Considering that DS in March 2005 sold around 20k per week, and now is selling 100k per week, I think such a scenario is possible.
gcfan2k5 said:Sony is also over 60 billion in debt, and has little to no cash reserves left, its market cap is at 60bln and falling.... Sony is done, they cant dig themselves out of debt with every division taking huge losses.
Stumpokapow said:I believe you need to buy a minimum of 100 shares, and Nintendo is around $315 US a share before brokerage fees or anything. So, first, you sell all your shit and get $31,500 in cash.
Stumpokapow said:I believe you need to buy a minimum of 100 shares, and Nintendo is around $315 US a share before brokerage fees or anything. So, first, you sell all your shit and get $31,500 in cash.
Izzy said:Now that's an expert analysis - as accurate as ever.
as of june 30th 2004, and since then i believe theyve lost a bit of moneySony's total debt stood at 6.71 trillion yen ($61 billion) on June 30.
GreenNight said:Wrong. Get a Scottrade account with a min balance of $500. You get 3 free trades. You can buy any amount. I purchased 10 shares of Nintendo stock in 2005 and just sold it. Easy
And its $40/share. When I purchased it was $17
gcfan2k5 said:That isnt nintendo stock, thats an ADR, its shares an american bank bought and split up for trade on the american market, i suggest you do some research before you make statements.
GreenNight said:And whats wrong with it? Those shares made me a ton of money.
gcfan2k5 said:That isnt nintendo stock, thats an ADR, its shares an american bank bought and split up for trade on the american market, i suggest you do some research before you make statements.
gcfan2k5 said:That may be so, but he was asking about buying official nintendo shares, which wouldve made you alot more money alot quicker.
GreenNight said:Nintendo shares are Nintendo shares, regardless if they are sold by them or a 3rd party. You dont get "fake" shares. Also try being a little more diplomatic in the future or you wont be lasting long around here junior.
gcfan2k5 said:Im plenty diplomatic when i need to be, and right now i dont need to be, ive been accused of being an idiot, on this very page by another person, so im angry, and i provided the proof to back up my statement as well. I dont need to justify my mood with you or anyone else. Good day sir.
Segata Sanshiro said:He said GOOD DAY SIR
gcfan2k5 said:Im plenty diplomatic when i need to be, and right now i dont need to be, ive been accused of being an idiot, on this very page by another person, so im angry, and i provided the proof to back up my statement as well. I dont need to justify my mood with you or anyone else. Good day sir.
Hey, could be worse, you could be Foreman.gcfan2k5 said::lol my bad should watch what i say, im being compared to fez
gcfan2k5 said:http://quote.bloomberg.com/apps/news?pid=10000080&sid=aiimIU_uzAs0&refer=asia
as of june 30th 2004, and since then i believe theyve lost a bit of money
Izzy said:Instead of using 3 year old Bloomberg quote, you could use the latest Sony Corp. stats here.
AniHawk said:IZZY LIVES (I'm late to the party, I know)?!
GreenNight said:Is this the first sales thread with all the new juniors? Seems like the average quality of the posts has gone down in the past week.
donny2112 said:You're also no longer a junior.
Edit: beaten :lol
GreenNight said:Congrats on the promotion
gcfan2k5 said:invalid link, and id prefer to use a source that isnt a known liar :lol bloomberg is well respected in the financial world, and sony cant have paid down 61bln in debt in 3 years.
Once again with the ADRs, the ADR data is worthless as a whole, and isnt even reliable, sonys market cap based on its actual stock price is over 60bln, that alone proves the data unreliable.
edwardslane said:wow animal crossing with over 4 million sold.
Nintendo needs to get on a fully updated version of this game for wii.
considering the n64 incarnation has prey much sold 3 times. n64, gamecube and ds.
the games aren't that much different.
if they really improved upon the already awesome formula on Wii that will be one hell of a system seller in japan.
You're at 155 posts and counting, Fez.gcfan2k5 said:Dont know how i couldve possibly earned it, im not at 100 posts yet, maybe its because i talked shit about sony and backed it up with numbers showing the poor state of the company as a whole?:lol
LJ11 said:Do you trust Forbes? Just add the Short and Long term Debt, which equals the same number as Yahoo's. I bet they're lying too. Sony's liabilities may be around 60B, but not their debt load.
:lol @ ADR data not being reliable, you are an idiot.
Segata Sanshiro said:You're at 155 posts and counting, Fez.