Monday, October 6, 2008

No slowdown for Nintendo

So what if the Dow has lost over 700 points two times in as many weeks. Nintendo is selling game consoles like hot cakes. That is, at least according to this article on CNN's site.

I guess game consoles typically do alright in recessions:

Fils-Aime says he’s confident that both the DS and Wii will do well even in a depressed U.S. economy. “The video game industry has weathered recessionary times fairly well,” he notes. “I think a $130 DS as the big holiday gift for a child is something a parent can feel good about.” Nintendo will debut more than 200 games for both gaming platforms this fall, such as Personal Trainer Cooking for the DS and Ubisoft’s Rayman Raving Rabbids TV Party for the Wii.


Who knew?

No comments: