Ahead of its second quarter financial results expected July 30th, Wedbush Morgan analyst Michael Pachter has predicted Nintendo will report sales above ¥421 billion ($3.91 billion) and raise yearly guidance to near ¥1,907 billion ($17.7 billion), adding that the company hasn't abandoned core gamers.

Pachter's estimates are above consensus estimates of ¥400 billion ($3.72 billion) for the quarter, and yearly guidance is above the company's own current guidance of ¥1,800 billion ($16.7 billion) and ¥325 billion ($3.02 billion) in profit, with more conservative estimates for software sold, especially in the U.S.

"Nintendo's recent financial performance has been spectacular and we expect this to continue in FY:09," said Pachter, "Nintendo's Wii and DS appear to be selling even better in FY:09 than in FY:08, and we believe the momentum will last through the end of FY:09."

He concluded that while "some hardcore gamers were critical of Nintendo's failure to announce new Mario and Zelda games at the show... we think that Nintendo focused upon building upon its formidable lead with the mass market, and do not consider the lack of major hard core game announcements to be an abandonment of its core."
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http://www.gamasutra.com/php-bin/news_index.php?story=19591

I bet Nintendo didn't see THAT much money coming... and I think I'm gonna add up to that with purchasing a DS.

I think they should give all 1st year Wii purchasers 2000 free Wii points.

I see that my gf is sponsoring Nintendo well.. "Honey.. don't buy any more DS games... Please..."

Wasn't that one of the idiot who say Wii didnt stand a chance this generation? I suppose incompetency doesn't stop you from working in this bussiness, no one wonder why the nearest prediction we had was an April Fool joke.

Nintendo need to give away that money is OVER 9000!!!!!

Hmm, if I'm reading http://www.nintendo.com/corp/report/FY07FinancialResults.pdf correctly, Nintendo had a total profit of 288 Billion Yen in the whole 06-07 financial year.

This would mean that they now, in one of the slow quarters, made more than 1/3 more in 1/4 of the time.

If I'm reading this right: http://www.nintendo.com/corp/report/2QFY2008.pdf , Nintendo made 215 B Yen for April Through September 2007.

So if I read it correctly (which I doubt), Nintendo is seeing some insane growths.

Wow. Crazy.

I'm gonna add to that when I get a DS.

holy crap! :0

Pachter is a good financial analyst, so what he says from a business perspective is usually pretty solid.