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Nintendo Beats Profit Target by 27%
Nintendo beat expectations for the fiscal year ending last month. Reuters writes: “Japan’s Nintendo Co. said on Tuesday it likely beat its group net profit estimate for the business year ended last month by 27 percent, helped by robust sales of a portable game machine [DS] and foreign exchange gains.” I guess business is good. […]
Staff·April 4, 2006
Nintendo beat expectations for the fiscal year ending last month. Reuters writes: “Japan’s Nintendo Co. said on Tuesday it likely beat its group net profit estimate for the business year ended last month by 27 percent, helped by robust sales of a portable game machine [DS] and foreign exchange gains.”
I guess business is good. If you’ve got great content (i.e. great games on the DS) the business model will take care of itself.
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Nintendo beat expectations for the fiscal year ending last month. Reuters writes: “Japan’s Nintendo Co. said on Tuesday it likely beat its group net profit estimate for the business year ended last month by 27 percent, helped by robust sales of a portable game machine [DS] and foreign exchange gains.”
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