Source: http://www.next-gen.biz/index.php?option=com_content&task=view&id=10153&Itemid=2
Oh my god... breaking news guys!!! Nintendo is actually making a profit, Who'd have thunk it?
| Updated: Thursday, 24 April 2008 | |
| Nintendo Reports Record Operating Profit | |
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| By Tom Ivan | http://www.next-gen.biz/index2.php?option=com_content&task=view&id=10153&Itemid=2&pop=1&page=0',%20'win2',%20'status=no,toolbar=no,scrollbars=yes,titlebar=no,menubar=no,resizable=yes,width=640,height=480,directories=no,location=no');">Print | http://www.next-gen.biz/index2.php?option=com_content&task=emailform&id=10153',%20'win2',%20'status=no,toolbar=no,scrollbars=yes,titlebar=no,menubar=no,resizable=yes,width=400,height=250,directories=no,location=no');">Send to a friend | Email the editor |
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| Kyoto-based Nintendo has reported that its operating profit more than doubled for the fiscal year ended March on strong demand for its Wii and DS consoles. | |
Net profit leapt 47.7 percent to 257.34 billion yen, compared to 174.29 billion yen last year, while net sales rose 73 percent to 1.67 trillion yen. Overseas sales accounted for 80.6 percent of total sales.
Annual Wii sales totaled 18.61 million, while DS sales hit 30.31 million units. Life-to-date system sales and software sales stats can be found here.
For the fiscal year ending March 2009, the company expects operating profit to rise to 530 billion yen, net income to leap 26 percent to 325 billion yen and sales to be up a further 7.6 percent to 1.8 trillion yen. |
The company said operating profit jumped to a record 487.22 billion yen, up 115 percent from 226.02 billion yen the previous year.
