Financial publication Barron's announced
their picks for the worlds best CEOs. Making the list for the first time is Nintendo's Satoro Iwata. The publication said that while Microsoft and Sony duke it out for power in their hardware, Nintendo's Wii is an "elegant and popular" alternative. Nintendo's stock has doubled in the last year supported by good buzz and strong performance of their hardware. Barron's focused on the Wii, but the DS is Nintendo's secret weapon
of financial stability.
The question now becomes if Barron's was swept up in all the Nintendo Wii hype as well. The impressive launch, those sales figures
and seeing their readership demographic
enjoying the system. It's simply strange that this is Iwata's first appearance on the list, considering Nintendo has been chugging along as a profitable
company for a good while.