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Originally Posted by Bullseye
I was reading that the gaming industry world wide is doing incredibly well considering the slow down in the worlds economies. It appears that gaming and mobile phones are the stocks to invest in at the moment if you have money.
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Very true, but more complicated than that considering two of the "big three" don't rely on gaming for the majority of their income. Nintendo is still a solid stock, but it's slowed down after a fantastic couple of years. Microsoft is a tough read, the Electronics division is finally turning a profit at a point where other divisions are having issues (much slower than anticipated adoption rate for Vista).
Sony has had a rough few years and is basically in a prime position to be bought out (Sony's Market Cap is almost half of that of Nintendo); or at least in the best position they are likely to ever be in. I've seen a few suggestions from market analysts that Apple purchase/merge with Sony. Apple has the available funds to purchase the majority of Sony stocks without a problem, and in a lot of ways it's an acquisition that makes sense. Sony's music and movie library would be perfect for Apple to have complete control of, and I'm sure they'd love to have a tighter relationship with Blu-Ray (Apple and Disney are on the Blu-Ray consortium, and Steve Jobs is the largest single stock-holder of Disney).
Apple would probably be a solid stock to purchase given the iPhone's amazing success, iTunes domination of online music distribution, faster than expected Mac adoption rates, and Apple's new interest in gaming (so far mainly for the iPhone).
