Right now, somewhere in Kyoto, Japan, Nintendo president Satoru Iwata is smiling. Four years after skeptics questioned the Wii's viability, the console is soaring above even the wildest expectations.
This morning, the company that spent the last hardware generation bringing up the rear with the GameCube reported that its current console had sold 44.96 million units worldwide as of December 31--a 10 million unit increase from just two months prior. Of those 10 million, more than 4 million were sold in the US, with the NPD Group reporting 2.04 million in November and 2.15 million in December.
Naturally, record sales mean record profits for Nintendo. In the nine months preceding December 31, the company racked up net sales of ¥1.536 trillion ($17.12 billion), a 17 percent year-on-year increase. Operating profits for the period were ¥501 billion ($5.58 billion)--a 27 percent increase--with net profits of ¥212.5 billion ($2.36 billion).
Unfortunately, the rising strength of the yen means that Nintendo's success abroad doesn't translate as well at home. As a result, Nintendo is revising its annual earnings estimates down 9 percent to a still-record ¥1.82 trillion ($20.2 billion). Forecasts for operating profit were cut 36 percent to 530 billion ($5.90 billion), with net profit trimmed back 33 percent to 230 billion ($2.56 billion).
Source : Gamespot
0 comments:
Post a Comment