Nintendo beginning to rise on the Stock Market
Sunday, June 25th, 2006
Winning the “longest line to see a console” award at E3 2006, the lucky individuals that had a chance to experience the Nintendo Wii also decided they would tell there friends about their exciting opportunity. Since E3 and adding the fact that the Wii will be available before Christmas this year, Nintendo’s shares have risen a whopping 6.2%, Nintendo’s highest since April of 2002.
With Nintendo stealing every facet of the show at E3, making competitors like Sony’s PlayStation 3 and the Microsoft Xbox 360 look like unlucky competitors, the only thing that Nintendo didn’t offer to its fans was a price for the Wii. Unlike Nintendo’s competitors, Nintendo has yet to release whether the price will be around $300 or if it will be, as some are hoping, under $200. While the Nintendo Wii isn’t expected to be released until near-Thanksgiving or later, a price is expected soon to give consumers a chance to prepare to purchase a Nintendo Wii for the Christmas season.
After speculation as to whether or not you would have to purchase Linux, it would be included with the system, or it would not be available at all, Sony has announced that the Linux Operating System will be included with the PlayStation 3. A fully-functional Linux on the PlayStation 3 not only makes the PS3 even that more enticing to buy, but it opens a vast playground for all the programmers that will purchase the gaming console.
Planning on purchasing a Sony PlayStation3? Do you already have an Microsoft Xbox 360 or plan on buying one? Well, Sony and Microsoft also think that you should buy the Nintendo Wii while you’re at it. While both Sony and Microsoft continually take small jabs at each other over various issues (pricing being the most reoccurring issue), they both agree that everyone should buy the Nintendo Wii after they buy their respective consoles.
Nintendo revealed the hardware specifications for their Nintendo Wii by adding a page in their Wii’s website. Even though some details are not properly given, it’s very informative. It has details about the size, controls, appearance, virtual console and many other features. Nintendo Wii in size is approximately equal to three DVD cases. This gives a great advantage for user as it can be added easily to the current entertainment setup. Wiimote brings leisure as one can place it anywhere according to his lifestyle. Its design makes it a natural addition and can be placed horizontally or vertically.