Nintendo's strategy of attracting women, the elderly and casual gamers with the DS handheld console seems to have worked superbly; helped with successful titles such as Nintendogs and the Brain Training games. The strong figures were expected as Nintendo previously raised its outlook for the year to March three times.
"Numbers were really strong, but there was little surprise after the upward revision the other day," Daiwa Institute of Research analyst Eiji Maeda said. "Going forward, its share price will be susceptible to new software titles for the Wii and foreign exchange fluctuations, both of which could affect full-year results."
Nintendo expects to see the success only continue to grow with considerable demand for the Wii console remaining in all its territories.
Source:
Reuters
Written by: James Delahunty @ 25 Jan 2007 7:58