Douglas Ehrman
Long/short equity, hedge fund manager, tech, gold & precious metals

Nintendo Is Set To Collapse With Apple's Help

With Apple (NASDAQ:AAPL) releasing the new iPhone 5S and the iPhone 5C, and the latest iteration of its mobile operating system - iOS 7 - to follow shortly thereafter, the outlook for Nintendo (OTCPK:NTDOY) is going from bad to worse. The Nintendo Wii U is already lagging the original Wii in sales and expected features of iOS 7 mean that Apple is likely to become a force in casual gaming. If the stock fell back to its recent low of $11.39, the closing price on February 15, 2013, that would represent a 21.5% fall from the price as of this writing ($14.51). Given the weakness of the Wii U and the pending release of iOS 7,...

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