Satoru Kikuchi Of Deutsche Bank Believes Nintendo Is Peaking
When I think of Nintendo, the last thing I can think of is that the company is peaking. But apparently Deutsche Bank analyst Satoru Kikuchi believes the gaming company is giving a sell rating on Nintendo’s stock. Kikuchi claims that Nintendo is peaking and is going to face a downwards trend. He predicts that the company will slow down especially in 2010 and 2011.
The Wii and the DS will slow down as the market gets saturated with other consoles.
However, Kikuchi isn’t taking into account the new content that Nintendo plans on publishing in the next two years and the release of the DSi later this year. The DSi is already doing very well in Japan.
What are your thoughts? Do you think Nintendo will peak in the next two years? Leave a comment.