Nintendo expects to double profits this year
Filed under: Nintendo DS, Nintendo Wii, Business
Reuters reports that Nintendo believes they'll make a lot more money this year than even they expected. The company raised its profit estimates by 28% to $1.5 billion more than doubling its leftovers from the previous fiscal year. Nintendo also raised its total revenue forecast by 22%, increased its sales target of DS games by 15%, and is planning to sell 21 million Wii games on the year. And you probably already guessed it; mo' money problems were blamed on "the strength of the DS" and Wii that is "off to a flying start," as one analyst so aptly put it.Read | Permalink | Email this | CommentsIf you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.
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