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Portable 3DS News Jump Starts Nintendo Cottage Industry

Nintendo isn’t the only company seeing a jump in value after announcing that they plan to release a 3D version of their popular DS portable console.

Bloomberg reports that companies that provide parts to Nintendo have also soon a jump in value, some as much as 10 percent, after news of the 3DS broke.

ā€œIt’s revolutionary that we can enjoy 3-D games without glasses,ā€ Yumi Nishimura, an equity-market analyst at Daiwa Securities SMBC Co, told Bloomberg. ā€œThe new console will spur sluggish sales of game consoles and lead to expanded business opportunities for parts suppliers.ā€

So now it’s not good enough that the 3DS bolsters Nintendo’s financial portfolio, it has to spur sales for all game consoles?

Good luck with that.

Nintendo Suppliers’ Shares Jump on 3-D Game Console

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