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NWR Interactive => TalkBack => Topic started by: WindyMan on April 05, 2007, 11:02:13 AM

Title: Nintendo Raises Profit Forecasts
Post by: WindyMan on April 05, 2007, 11:02:13 AM

Stop me if you've heard this one before.
 http://www.nintendoworldreport.com/newsArt.cfm?artid=13282

 Thanks (again) to DS hardware and software, Nintendo is expecting to beat its already lofty yearly sales target of 900 billion Yen ($7.58 billion), raising its consolidated net sales estimate for its 2007 fiscal year to 966 billion Yen ($8.14 billion).   That's a 7.3% difference.  The Wii wasn't mentioned in the note announcing this forecast adjustment, so it seems the DS is kicking ass and taking names all by itself.    

Speaking of Nintendo's FY 2007, it ended on March 31.  The company is expected to release its full financial report on April 26, and with any luck there will be some juicy bits of news to pass along with it.  Check back with us then to see if Nintendo makes any game announcements at that time.

Title: RE: Nintendo Raises Profit Forecasts
Post by: Shecky on April 05, 2007, 12:10:55 PM

"Should have bought some Nintendo stock when I was considering it at $20/share."  Stop me if you've heard this one before.

[Still don't know how that would work seeing as it's a foreign stock... stranger still is that Yahoo seems to list it as a pink slip, even though it's $36/share]

Title: RE: Nintendo Raises Profit Forecasts
Post by: ShyGuy on April 05, 2007, 02:20:43 PM

This can't be right. Nintendo is supposed to fail! The internet told me!!