Nintendo Down Over 5% Overseas Despite Over 40% EPS Gain
We are sticking to our hypothesis originally published in 2017.
The downward trend in physical video game console sales started to plummet in 2017 with horrible numbers coming out from Gamestop.
COVID-19 may have put the final nail in the console gaming market coffin at Gamestop.
This augurs poorly for the entire Legacy Publicly Traded Videogame Sector which we are downgrading to SELL.