toggle

AAPL Stock: 443.66 ( + 2.31 )

http://www.macnn.com/articles/06/08/14/nintendo.scores.money/

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.

 
close
Photo
toggle

Network Headlines

toggle

Most Popular

MacNN Sponsor

Recent Reviews

MaxUpgrades MaxConnect for 2006-2008 Mac Pro

Nobody outside of Cupertino's privileged bunch knows the future of the Mac Pro line for sure. Despite Apple's reluctance to tell us wh ...

Brother HL-3170CDW LED Printer

We've mentioned before that we are far from a paperless society. For now, at least, there are tasks that require a piece of paper for ...

HTC One

It is hard to overstate just how critically important the HTC One is to the Taiwanese company’s fortunes. Despite its alarming decline ...

toggle

Most Commented