Nintendo Raises Net Profit Estimate
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Japanese game maker Nintendo Co. Ltd. raised its full-year net profit forecast by 20 percent on Monday, citing a stronger dollar and solid demand for software titles for its handheld GameBoy Advance machine.
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Sales of the Nintendo DS handheld gaming device are going better than expected, prompting Nintendo to raise its full-year shipment forecast, the company&#39;s president says.
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Nintendo Co. on Tuesday raised its profit outlook for the fiscal year ending in March due to robust sales of its Nintendo DS hand-held game machine and software.
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Edison International EIX.N on  Wednesday raised its earnings forecast for 2004, citing  improved performance at its utility unit Southern California  Edison.
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Shares in Nintendo Co Ltd (7974.OS)  briefly jumped more than 5 percent on Friday after robust  holiday sales of Wii and DS game machines helped more than  double its quarterly operating profit and prompted it to raise  its outlook above market expectations.
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Robust global demand for the DS handheld player and Wii helped Nintendo almost triple its operating profit in April-September.
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Video game retailer posts strong results leading into holiday quarter.
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REDMOND, Washington  - Nintendo Co Ltd ,  already struggling with shortages of its Wii video game  console, is also seeing signs of higher-than-expected demand  for its DS handheld device, a top executive said on Monday.
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Video-game chain GameStop Corp.'s second-quarter earnings rose on strong sales.
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Group net profit at Nintendo totaled $2.43 billion for the nine months ended Dec. 31, up 96.3 percent from the same period in fiscal 2006.
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Japanese stocks may rise after companies including Nintendo Co. and AOC Holdings Inc. raised their full-year earnings forecasts. ``Expectations of a strong Christmas sale season are
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Nintendo, the world's largest maker of portable game consoles, said it returned to profitability in the first half after booking large foreign exchange gains.
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Japanese video game maker Nintendo Co. Ltd. reported a 39.1 percent rise in operating profit for the first half on Thursday and raised its sales target for a new, keenly awaited portable game player.
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The success of the Wii has helped Nintendo treble its half-yearly profits to 188.78bn yen (Â£810m).
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U.S. sales of video game hardware  and software were $1.18 billion, with Nintendo Co Ltd's  (7974.OS) Wii console keeping a slim edge over rivals amid  ongoing supply constraints.
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Activision Inc  on  Thursday posted a higher-than-expected quarterly profit and  gave a bullish revenue forecast, citing strong sales of its hit  "Call of Duty 4" and "Guitar Hero 3" video games.
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Microsoft Corp.'s fiscal fourth-quarter profit edged up 7 percent despite a hefty charge to cover the cost of defective Xbox 360 video game consoles.