NTDOY - Nintendo Does This Better Than Any Other Gaming Console Maker
Kudos to Microsoft (NASDAQ: MSFT) and Sony (NYSE: SONY) for their success on the video-gaming front. Their respective Xbox and PlayStation franchises repeatably raised the bar for what game consoles are capable of doing.
From a purely business perspective, though, both technology giants may want to take a lesson from the much smaller gaming brand name Nintendo (OTC: NTDOY) .
Four years since its debut, sales of Nintendo's Switch console are still stronger than unit sales of the newest iterations of the PlayStation and Xbox (see chart below), and sales are still accelerating despite the fact that the console debuted four years ago. Perhaps most bullish of all, Nintendo is extracting a massive amount of revenue from Switch owners well after they've purchased the game-playing platform.
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Nintendo Does This Better Than Any Other Gaming Console Maker