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Posts tagged It-Prints-Money

Analysts: Nintendo may forecast drop in profits

Striding into informed meta-prediction territory, several Tokyo-based analysts have suggested that Nintendo may cut its earnings forecast in preparation for a decline in profits -- the first in six years. According to a Bloomberg report, Nintendo's adjustments will be prompted by slowing Wii...

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Wii sales up 100% over Christmas, says Pachter

A dry but happy piece of business news to start your week off: Wedbush Morgan's all-seeing analyst Michael Pachter reckons Wii sales in the U.S. accelerated dramatically over the holidays, with Christmas figures "up more than 100%." According to Pachter, that translates into "around 3 million" Wiis...

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DS Lite breaks DS Lite's single-week UK sales record

Uh-oh, we've trotted out the "It Prints Money" image. That must mean DS Lite has sold well for the quadrillionth time; and it has. In this case, it beat its own record in the UK for single-week sales, set this time last year. MCV reports that the DS Lite was the best-selling system for the week...

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Forbes: Nintendo making $6 profit on every Wii sold

While Sony and Microsoft dream of turning a profit on their consoles, Nintendo is doing just that. According to a new article from Forbes, the Big N makes $6 in operating profit from every Wii unit sold. Nearly 19 million units have been sold worldwide so far during 2008, earning Nintendo a tidy...

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Nintendough: Fiscal 2009 forecast raised again

Good news, everybody*! Nintendo expects to make even more money during its 2009 fiscal year than it had previously anticipated. And it had previously anticipated quite a bit. According to VentureBeat's Dean Takahashi and Wedbush Morgan's Michael Pachter, Nintendo has raised its financial forecast...

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Printing money has consequences

Sometimes, as we get caught up in our passion for Nintendo, we forget to look at the darker side of the company's antics. Sure, we all joke about how the Nintendo DS just prints money, but we must have known that Nintendo couldn't keep up with this practice forever. Check after the break to see...

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Nintendo enjoys its biggest sales week ever in U.S., breaks record

It seems that Black Friday was very, very, very good to Nintendo, as both the DS Lite and the Wii performed quite impressively in the U.S. over the holiday week. Nintendo has announced that it sold 653,000 DS Lites over the week of November 18-24, setting a new record for the portable, for...

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Confirmed (again): Nintendo nauseatingly rich

Once upon a time, in a land called Eighteen Months Ago, a new games console called "Wii" was announced. With its easily manipulated name, unusual motion-sensing controls and standard definition visuals, many onlookers instantly chose to hoot and holler at this most unconventional piece of...

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