Goldman Sachs: Nintendo could reach the level of Apple

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.

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.