Neoseeker excerpt on Nintendo:
Nintendo might have been boo'ed for its lack of focus on "core" gamers during its recent E3 conference, but analysts and industry folk alike feel the company will still enjoy success in the coming months thanks to its catering towards casual audiences. Wedbush Morgan analyst Michael Pachter in particular predicts Nintendo will report sales greater than ¥421 billion ($3.91 billion USD) for its first quarter fincial results, due later this week. This is a little higher than the "current consensus" of ¥400 billion ($3.72 billion USD) cited for the quarter. Both sets of figures are still much higher than the Q1 fiscal 2007 results of ¥340 billion ($2.8 billion USD) reported by Nintendo last July.
Beat by around 8%, earnings up 30% YOY, and what will they raise guidance by? Maybe 10 or 15%?
The urge to play is a terrible thing to waste.
