“Nintendo will benefit from the next product cycle. This does not mean that the road ahead will not be full of potholes. Currency pressures and competition from the likes of Apple could force Nintendo to sell their new 3DS at a lower price than they would have hoped. The stock had a great E3, jumping 17% in one week, so it may not be the wisest move to chase the stock at these levels. The enormous installed base of Wii consoles should help their recently announced first-party titles sell and the 3DS hype machine is just getting started. Nintendo’s wait and see approach to a console with 3DTV support is something that makes them more attractive as well, in case Sony’s strategy is an epic fail.”

Thanks Industrygamers