toggle

AAPL Stock: 102.13 ( + 1.24 )

Printed from http://www.macnn.com

Nintendo scores financially

updated 09:35 am EDT, Mon August 14, 2006

Nintendo scores money

Nintendo's revenues for the second quarter are up 85 percent, with a "tolerable" 10 percent EPS increase, says TheStreet. Additionally, the company's stock price has grown from $17 to $23 in the last six months. TheStreet attributes this primarily to the success of the DS Lite, especially in Japan, and thinks that even better may be on the way in light of the projected cost of the Wii (less than $250) versus the PS3 ($500-600). In fact, they're bold enough to say that a global recession would be "just the ticket" for Nintendo.




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

MacNN Sponsor

Recent Reviews

Epson PowerLite Home Cinema 2030 projector

With high-definition televisions now the standard, 4K televisions becoming the next big thing, and plasma TVs going the way of the din ...

Life n Soul 8 Driver Bluetooth headphones

When it comes to music on the go, consumers generally have some options to consider when looking for the best experience. While Blueto ...

Pure Jongo T2 wireless speaker

Multi-room audio compatibility is a key metric for wireless sound systems these days. The entry cost into a house-spanning system can ...

toggle

Most Commented