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Nintendo Revises Profit Estimate

mdalonzo
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Posted October 25, 2007 - By Mike D'Alonzo

Nintendo is really raking in the cash these days, and, to prove it, they've revised their profit estimate from 370 billion yen ($3.2 billion) to 420 billion yen ($3.7 billion). That's about $500,000,000 dollars more than they thought they were going to make, in case you weren't counting. Most of this, they credit to the Wii, with the DS not hurting for sales, either.

Just so you know, Nintendo stock has gone up five-fold over the last two years. That's absolutely amazing, and makes us happy that Grampa TheFeed invested so wisely in Nintendo stock a couple of years ago. Now, we can finally have Feed Island, which is why we've been doing this all along.

Reuters: Nintendo raises full-year forecast

Nintendo Revises Profit Estimate
http://www.g4tv.com/thefeed/blog/post/680330/nintendo-revises-profit-estimate/
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