Wii and DS success is bad for the industry

Nintendo may be back in a big way, but that's not a positive thing for the industry, according to one analyst.

Todd Mitchel, an analyst at foreign research firm Kaufman Bros. Equity Research, has said that "Nintendo's success with the DS and Wii bodes poorly for the publishers," even though the duo are "taking the videogame industry by storm."

According to Mitchell, Nintendo's success will actually be detrimental to the industry in the long term, and he explained, "Nintendo has not only increased the size of the market, but it has also re-segmented it in its own favor, in our view...Nintendo is dominating software sales on its popular hardware platforms, leaving the publishers with a smaller slice of an only somewhat incrementally larger pie.

"Moreover, we feel that the likely shorter product cycles of Nintendo's platforms puts the publishers in a permanent catch-up mode. We think the upcoming releases of Super Mario Galaxy and Metroid Prime 3: Corruption will highlight this phenomena...this holiday season."

Although Mitchell notes that Nintendo-published titles are overrunning the sales charts, Ubisoft in particular has achieved great success with Rayman Raving Rabbids and Red Steel on Wii, announcing that the duo have sold more than 830,000 and 950,000 copies respectively since their debuts in November last year.

Viva la revoluccion.

As always, never believe single analysts under any circumstances. Expecially in the video game department.

GO NINTENDO.

That's why I vived the rev', apollo.

Duh.