If you click on a link and make a purchase we may receive a small commission. Read our editorial policy.

Nintendo has hit financial peak, says analyst


Deutsche Bank analyst Satoru Kikuchi has claimed that Nintendo stock has peaked and now faces a downward trend.

Assigning a sell rating to the company's shares, Kikuchi said he expected the gaming giant to report "profits this month in excess of guidance" and predicts a decline of 18 percent the next year and 19 percent in 2011 due to slowing sales.

Kikuchi said that profits will "peak and decline after growing on the success of the Wii and the DS," and earnings could "return to past levels if the company fails to come up with new blockbuster platforms".

Thanks, GI.biz

More News

Latest Articles

VG247 logo

Buy our t-shirts, yeah

They're far more stylish than your average video game website tat.

VG247 Merch