Goldman Sachs: Nintendo could reach the level of Apple

Posted Oct 3, 2007 at 10:30PM by QJ Staff Listed in: Wii, Nintendo DS Tags: Goldman Sachs, Mitsubishi, Sony, Toyota

Looks like they're fishing for money - Image 1

Nintendo continues to keep its momentum after reaching an all-time high of 64,800 yen in shares. In layman's terms, Ninty is doing so good with the Wii and DS that even global securities and investment management firm Goldman Sachs believes Nintendo can reach the level of Apple.

Nintendo is now Japan's third most valuable company after Toyota and Mitsubishi, but analysts seem to expect more. According to Goldman Sachs' report:

We believe Nintendo's talent in creating new markets, evident from the launch of the DS and Wii, could bring it close to the level of Apple, whose high valuations are due in large part to its innovative business model.

Without a doubt, Nintendo is experiencing unprecedented success after besting Sony's market value months ago. Sales numbers also make it obvious the the Nintendo Wii and Nintendo DS are having a better time than the Sony PlayStation 3 and PlayStation Portable.

187 Jumps Custom Firmware 5.50GEN-D3 final released

81 Jumps Tiger Woods Wife Outrun Flash Game now out

44 Jumps Get your hands on Kasumi's sexy figure

43 Jumps Custom Firmware 5.50GEN-D3 and 5.03HEN-C dated

37 Jumps PS Store Update US - 12/17/09

35 Jumps Final Fantasy XIII sells over a million at day one

32 Jumps Custom Firmware 5.03GEN-C released *UPDATE* CFW 5.50GEN-D3 now available

28 Jumps Uncharted 2 DLC coming this Christmas

24 Jumps Custom Firmware 5.50GEN-D3 and 5.03GEN-C coming tomorrow

22 Jumps More Naruto going portable and multiplatform

Comments

No Comments, be the first to Comment

Add New Comment

You must be logged in to post comments

The QJ.net Network
Site	Feed
QJ.NET	RSS
Nintendo DS	RSS
PlayStation 3	RSS
PSP Updates	RSS
Wii	RSS
Xbox 360	RSS
MMORPG	RSS
Personal Computer Games	RSS
iPhone - iPod Touch	RSS
QJ.NET Forums	RSS

Add QJ.NET

User Favorites - December

Most Commented
MaGiXieN explains release..	(103)
Custom Firmware 5.50GEN-D3..	(74)
Brazilian senator wants cr..	(62)
Custom Firmware 5.03GEN-C..	(49)
Custom Firmware 5.50GEN-D3..	(47)
FFXIII PS3 audio and video..	(47)
NPD Study: US kids as youn..	(44)
Custom Firmware 5.50GEN-D3..	(43)
Sony starts talking about..	(39)
PlayStation celebrates 15t..	(35)
Traveller's Tales to Sony:..	(35)
Final Fantasy XIII boxart..	(33)
Tecmo's Quantum Theory no..	(30)
EA CEO wants to turn pirat..	(29)
Sony: Get a free game with..	(27)
Rumor: Logitech has PSP Go..	(24)
More Estavillo subpoenas -..	(23)
November NPD sales: hardwa..	(22)
Pokemon: the world of the..	(22)
Scan: New character confir..	(21)
Sony sells 440,000 PS3 uni..	(20)
Girlfriend dumps Andy Murr..	(20)
Buy two, get one free at B..	(19)
Time Magazine reveals Top..	(19)
iSuppli: Sony close to bre..	(19)

User Favorites - December

Top Jumps
Custom Firmware 5.50GEN-D3..	(2653)
Custom Firmware 5.50GEN-D3..	(981)
Tiger Woods Wife Outrun Fl..	(472)
MaGiXieN: 6.xxGEN is not w..	(398)
Custom Firmware 5.50GEN-D3..	(359)
MaGiXieN explains release..	(357)
Custom Firmware 5.03GEN-C..	(267)
PSP Homebrew: CFW 5.03 GEN..	(191)
Custom firmware 5.50GEN-D..	(157)
Wii homebrew - Custom IOS3..	(95)
Naruto Shippuden: Ultimate..	(89)
PS3 optional update 3.15 d..	(85)
PSP homebrew - DaedalusX64..	(81)
PSP Homebrew - PSPDisp v0...	(75)
PSP Revolution v0.3	(73)
Sony starts talking about..	(72)
PSP homebrew game: PSP Mar..	(71)
PS3 is year's best platfor..	(70)
No plans for custom firmwa..	(66)
Sony sells 440,000 PS3 uni..	(66)
PSP homebrew - PSP Live TV..	(64)
PSP homebrew - DaedalusX6..	(64)
gpSP v0.9 for the PSP	(63)
Sony: PS3 Slim could have..	(61)
PS3 3.15 system software u..	(60)

Username:

Password:


Remember Me?

Forgot password
New user registration