Citing foreign exchange rates and the continued popularity of its DS handheld, Nintendo announced today that its
net profit for the business year that ended March 31 likely exceeded its estimate by 27 percent.According to its press release (pdf file), the revised forecast of net sales stayed pretty similar, with only a 5.1% increase of non-consolidated net sales. However, the net income shot up from 75 to 95 billion yen, an increase of approximately 26.7%. The majority of this increase is attributed to "a result of the weaker than estimated Japanese yen."
While not inciting too much fanboyism (from any camp -- Sony, Nintendo, Microsoft, or Gizmondo), how do you think the upcoming DS Lite will affect the virtual tie between the DS and PSP in the US?
[Thanks, Princess Zelda]
