As NVIDIA reminds us on its website, the rest of the entertainment industry is already migrating to cloud-based streaming models “by delivering unlimited content to consumer devices, including smartphones, tablets, PCs, and TVs,” at the same time noting millions of users now enjoy the convenience of streaming video and music through the likes of Netflix, Inc. (NASDAQ:NFLX), Hulu, Spotify, and Pandora Media Inc (NYSE:P). Heck, even The Walt Disney Company (NYSE:DIS)‘s ABC television network just announced the awesome move to begin streaming its shows live online in New York and Philadelphia, and the entertainment giant plans to expand to other markets by the end of this Summer.
NVIDIA Corporation (NASDAQ:NVDA) goes on to reason:
It’s only natural that gaming — the fastest growing media segment and a $68 billion industry — would follow this trend. NVIDIA is building on a unique legacy in gaming graphics and graphic performance to lead the way in defining the cloud-gaming experience.
Shield should serve as a perfect warm-up, then, for consumers to begin embracing NVIDIA’s long-term, platform-free vision for the gaming industry.
Of course, I also own NVIDIA stock, so I won’t complain if Shield surprises me and becomes a huge hit with a broad user base. In any case, whether Shield is a success in the traditional sales sense doesn’t particularly matter, and I certainly won’t be letting go of my shares anytime soon.
The article Don’t Expect Shield to Move NVIDIA Stock… Yet originally appeared on Fool.com and is written by Steve Symington.
Fool contributor Steve Symington owns shares of NVIDIA. The Motley Fool recommends NVIDIA. It also recommends and owns shares of Google Inc (NASDAQ:GOOG), Netflix, Inc. (NASDAQ:NFLX), and The Walt Disney Company (NYSE:DIS).
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