Thursday, April 5th 2007

Nintendo exceeds profit expectations for FY2006, raises them for FY2007

Nintendo expected to make 900 billion yen in Fiscal Year (FY) 2006 (March 31, 2006 to March 31, 2007). Fortunately for Nintendo, they exceeded their own expectations. FY2006 earned Nintendo a whopping 966 billion yen (roughly $8.1 billion USD) in raw profit. This is thanks to the smashing success of the Nintendo Wii, and the Nintendo DS' strange way of being a "giant money pot". And so, in response to these incredible profits, Nintendo has increased their expected profits by a considerable margin. We should see this, along with a more detailed report of Nintendo's FY2006 performance, later.
Source: 1Up
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6 Comments on Nintendo exceeds profit expectations for FY2006, raises them for FY2007

#1
jocksteeluk
i am happy Nintendo is doing well this time around, they stuck to their ethos and it is paying off
Posted on Reply
#2
Benpi
Maybe they can use that money to make an update for the wiiMote. Right now the thing is trash.
Posted on Reply
#3
BXtreme
wtf it's trash ? It doesn't feel like told as trash :|
Posted on Reply
#4
WarEagleAU
Bird of Prey
WTG Nintendo. Im happy they are doing well.
Posted on Reply
#5
DaMulta
My stars went supernova
See they could of made a better and more powerful system and still made lots of money.
Posted on Reply
#6
Sh00t1st
damn makes me wish i had money for stocks :-D
Posted on Reply
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