Oct 3, 2006 7:56 AM

Nintendo Raises Profit Forecast 20%

Nintendo has bumped up its profit projections for the 2006-2007 fiscal year by a whopping 20.5 percent to 100 billion yen, says Reuters this morning, on strong sales of its Nintendo DS game console and a weaker-than-expected yen. The new target compares with an earlier estimate of 83 billion yen, and an actual 98.4 billion […]

Nintendo has bumped up its profit projections for the 2006-2007 fiscal year by a whopping 20.5 percent to 100 billion yen, says Reuters this morning,

on strong sales of its Nintendo DS game console and a weaker-than-expected yen.
The new target compares with an earlier estimate of 83 billion yen, and an actual 98.4 billion reported last fiscal year.

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