News Room Contributor Posts: 1264 Joined: 10 Apr 2007 | Nintendo Sales Rise 73 Percent for Year
Checking in with its yearly financial results, Nintendo reported a 73 percent sales jump for the fiscal year.
That figure complemented the 115.6 percent operating income climb and 47.7 percent profit increase.
Absolute sales numbers amounted to $16.1 billion with profit clocking in at $2.48 billion, made possible by the sale of almost 19 million Wiis and more than 30 million Nintendo DS units.
Helping out the profit marging on the software end were Pokemon Diamond and Pearl for a total of 10 million, with the Brain Training series adding another 12 million.
However, sales forecasts for next year have been pared down to just 7.6 percent due to a negative economic outlook and a rising Yen, as more than 80 percent of the company's income flows from outside of Japan.
Source: Gamesindustry.biz
Permalink |
Muckraker Posts: 249 Joined: 28 Oct 2007 | Yeah but... butt... the wii... its got no games... omg Nintendo are rubbish!!!!eleven
Just goes to show you don't have to sell to the hardcore crowd to make money.... |
Gone Gonzo Posts: 3016 Joined: 21 Jan 2008 | Lightbulb:
Just goes to show you don't have to sell to the hardcore crowd to make money....
Wasn't that Nintendo's goal all along? Anyway, great news for Nintendo. They took a risk, and it paid off. Big time. Like, money hats big time.
- A procrastinator |
Infamous Scribbler Posts: 578 Joined: 2 Mar 2008 | Well, that is the reason why people joke about the DS "It prints money!" and the Wii "It prints money too!" Despite what people might say, Nintendo is a business, and what is the goal of all business's? To make money. |
Gone Gonzo Posts: 1137 Joined: 13 Jan 2007 | Lightbulb:
Yeah but... butt... the wii... its got no games... omg Nintendo are rubbish!!!!eleven
Just goes to show you don't have to sell to the hardcore crowd to make money....
Anyone who would claim that is an idiot.
That's not the crux of the criticism Nintendo takes. |
Copy Clerk Posts: 83 Joined: 29 Sep 2007 | Lightbulb:
Yeah but... butt... the wii... its got no games... omg Nintendo are rubbish!!!!eleven
Just goes to show you don't have to sell to the hardcore crowd to make money....
Is the first half of your post satire? |
Nintendo Sales Rise 73 Percent for Year
Checking in with its yearly financial results, Nintendo reported a 73 percent sales jump for the fiscal year.
That figure complemented the 115.6 percent operating income climb and 47.7 percent profit increase.
Absolute sales numbers amounted to $16.1 billion with profit clocking in at $2.48 billion, made possible by the sale of almost 19 million Wiis and more than 30 million Nintendo DS units.
Helping out the profit marging on the software end were Pokemon Diamond and Pearl for a total of 10 million, with the Brain Training series adding another 12 million.
However, sales forecasts for next year have been pared down to just 7.6 percent due to a negative economic outlook and a rising Yen, as more than 80 percent of the company's income flows from outside of Japan.
Source: Gamesindustry.biz
Permalink