Is the Wii Making a Holiday Comeback?

• Report this Comment On December 01, 2009, at 4:26 PM, RushenWind wrote:

  I am pretty sure that Activision/Blizzard is not a struggling company. They just had the biggest release of all time in gaming and they have titles such as Starcraft 2 and Diablo 3 in development. Blizzard has worked at their own pace in the past when releasing their games and haven't done bad. To say this company is struggling after the recent release of CoD4MW2 is really a joke, they are leading the industry and pretty much every way.

• Report this Comment On December 01, 2009, at 5:23 PM, TMFRhino wrote:

  Hi Rushen,

  I think Activision's a great company and has developed a stellar line of games. I was more referring to the steep drop off to the industry in general. Even while outperforming the broader industry, the company was still down versus last year's third quarter. It's a very challenging environment for gaming developers, though I hope this Holiday season rights the ship a bit.

  All that being said, since I was more looking at the game development industry, looking back on it I would have preferred to have written something like "ATVI, ERTS, and other developers who have to contend with steep year-over-year declines in overall console game sales."

  Best,

  Eric

• Report this Comment On December 01, 2009, at 10:23 PM, TyrantBone wrote:

  I was ready to post that Activision is far from struggling and looks like someone beat me to it. Last I checked they were one of very few in the industry to actually come out with strong earnings. The Modern Warfare 2 release also displayed strength. Enough on that.

  To answer your question, I still have my Nintendo on the buy list. They've been around since 1985 and although they have made mistakes (N64 and cartridge), their brand and character lineup got them through it. Nintendo badly needs improvements, but I'm hopeful they are coming. A follow up to the Wii adding more storage, a richer online community, and HD would add more of what the other consoles have to offer. As a gamer and Nintendo shareholder, I anticipate Nintendo taking a beating in the short term. As a long term investor, Nintendo will rebound eventually and come out strong. You can't deny Mario, Zelda, and company from success.

• Report this Comment On December 02, 2009, at 1:10 AM, esxokm wrote:

  Nintendo is not on my buy list. It simply has died in terms of price action. We'll have to wait for new catalysts.

Add your comment.