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One Videogame Stock Shall Rule the Holidays
Topics:Holiday Central | Consumers | Video Games | Earnings | Nasdaq | NYSE | Stock Picks | Stock Market
Companies:Microsoft Corp | Sony Corporation | Nintendo Co Ltd Adr
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Competition among videogame console makers is getting rougher as the holiday season goes on.
Tony Gikas, analyst at Piper Jaffray, thinks one particular company is going to prevail in the sales war: Nintendo [NTDOY
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Maggie Reardon, senior writer at CNET, agrees: Nintendo's physical-action Wii console "seems to appeal to just about everybody," thrilling kids as well as adults who "throw Wii parties at apartments and at bars."
Gikas points out that the Wii also has the "very important" price advantage over its rivals, often much cheaper than Microsoft's [MSFT
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