Wii are Headed to China and S. Korea

On Friday, the New York Times reported “Nintendo Co Ltd said it aims to launch its Wii game console in China and South Korea next year, helping accelerate its break-neck growth and cement its recent lead over Sony Corp and Microsoft Corp.” This news should send shares of Nintendo (OTC: NTDOY) much higher as analysts readjust their models to include two huge market opportunities in China and South Korea.

In related news, in this week’s TIME magazine story about China’s Me Generation (teens to thirties), a rising middle class twenty something declared he would rather have a Nintendo Wii than democracy. Need I say more?

As I noted in my coverage of Nintendo’s earnings report this week at SmartGuyStocks, NTDOY is on a roll and shares are poised to keep climbing as global investors start snapping up shares as quickly as the Wii and DS.

Disclosure: SmartGuyDH is long NTDOY