Thursday, June 28, 2007

Wii Takes Nintendo to Number One Spot

Back in November I wrote: "Nintendo's strategy with the Wii, focusing on game-play rather than graphics and simplicity rather than owning the home entertainment sphere, may make the company ultimately more successful than either of their competitors."

And apparently, I should have bet on it by buying Nintendo stock as sales show that the Wii is outselling both its competitors and thrusting Nintendo do a market-cap above Sony. From the Bloomberg article: "Nintendo sold 338,000 Wii players in the U.S., the world's largest video-game market, in May, compared with 81,600 PlayStation 3 units, according to data compiled by NPD Group Inc. Microsoft Corp. sold 154,900 of its Xbox 360 machines."

Nintendo and Apple are peas in a pod, they create a cool experience over an over-stuffed data sheet of capabilities and options.

Link to article, with a hat tip to 37signals.

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