Analyst Nails Japan's Biggest Problem In Open Letter To Mr. Nintendo

Société Générale global strategist Kit Juckes offers the perfect anecdote highlighting the real problem Japanese industry - and by extension, "Abenomics," the experimental program of economic stimulus launched by Japanese Prime Minister Shinzō Abe - faces (emphasis added): I have no opinion about Nintendo's share price. But the Nintendo DS is being beaten into pulp by the fashion for mobile games. The WiiU likewise, and the Wii isn't competing with Xbox and PS. All of this is a shame for th...