Powered by arguably the highest paid plumber on the face of the earth, Nintendo has become Japan’s third most valuable company.

With an increase of nearly fivefold in the past two years, the gaming giant seems to have it all figured out as they stomp their competition without the use of so called “next gen” graphics. Few can argue that the Wii and DS are hugely successful as they continue to be in high demand.

Not everyone is completely sold on the path Nintendo is blazing, as recent reports suggested that some software houses in Japan were less than optimistic regarding the longevity of the Wii console.

“There’s more upside than downside risk. There’s every reason to believe Nintendo will continue to execute its strategy well in expanding the gaming industry to strengthen its position…and really keep doing what it’s been doing regardless of what competition is doing.” – Hiroshi Kamide, KBC Securities Analyst.

Rarely does great success not come with its share of criticism and detractors. This is a time to congratulate Nintendo on an amazing achievement, as the future (good or bad) will come soon enough.

• Xbox 360 Gets 20% Price Cut in Japan
• Activision Named Top Publisher for Month of October According to NPD
• EA CEO Interview Hints at Dead Space for Wii
• November NPD: Wii Murdering the Competition
• Nintendo Wii 2 with Blu-Ray and 1080p Support Coming in 2010?
• EA Gets Serious About Buying Take-Two, Takes Out $1 Billion Loan
• DJ Hero Confirmed to be in Production
• Super Mario Galaxy Soars Past 1 Million U.S. Sales in November

1 Comment » LordCancer on October 16, 2007 2:57 pm 10 trillion yen muahahahaha hah ahaa nice work to whoever created the evil marios, now all we need is the will smith song sung by Dr. Evil Mario and Mini Dr. Evil Mario. Just the two of us! lol RSS feed for comments on this post. TrackBack URL Comment Now Note: Commenting on Ripten does not currently require registration, however to be eligible for contests on the site, you must be a registered user. Name (required) Mail (will not be published) (required) Website Commenting Rules: No hate speech allowed. If you must argue, please debate intelligently. Comments containing selected keywords or outbound links will be put into moderation to help prevent spam. Ripten reserves the right to delete comments and ban anyone who doesn't follow the rules. Thanks. Notify me of followup comments Tired of the Goomba? Upload your own custom comment avatar.