Back when the Wii was announced, I knew it was going to be a blockbuster hit. I got my parents to invest a considerable amount of money in Nintendo before-hand

Back when the Wii was announced, I knew it was going to be a blockbuster hit. I got my parents to invest a considerable amount of money in Nintendo before-hand and they ended up profiting quite handsomely. They would have done better, but their broker convinced them to invest half of what I was suggesting. Anyway, the important thing I told them was to not hold on to that stock for more than 2 years because the Wii would fail spectacularly when HDTV's had better adoption rates. I was a bit off on that prediction (nintendo stock took a bit longer to tank), but it seemed so obvious that the Wii would not be able to compete long-term. I did not predict Apple destroying their handheld marketshare, but neither did the rest of the market. What amazes me about Nintendo is that they felt the Wii could be profitable for so long. I've always looked at the Wii as a defensive maneuver, it was just a device to give the company a shot at following it up with something really great. Since that has yet to happen, I don't think they are even capable of competing in the new market anymore. I have zero confidence that they can compete with Apple or Sony/MS. The only thing Nintendo has going for them is their IP. I would not be surprised if we start seeing Mario and Link on some iOS title in a couple years. The WiiU will be as successful as the 3DS and everything to follow will be in steady decline. The world is going to move to iOS/Android/windows phone for mobile gaming and pay <$10 for games. Sony and MS are going to own on the game consoles. I just don't see a place for nintendo anymore.