Nintendo ups forecast on strong DS hand-held sales
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Japan's Nintendo Co. on Tuesday raised its 2006/07 net profit forecast by 20.5 percent, beating market expectations, thanks to strong sales of its DS hand-held video game player and a weaker-than-expected yen.
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Nintendo Co. Ltd. (7974.OS) on Tuesday  raised its annual net income forecast for 2006/07 by 20.5  percent, citing strong sales of its Nintendo DS video game  console and titles as well as a weaker-than-expected yen.
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Nintendo announced today that it has sold roughly half a million units in Japan, bringing global sales of its new handheld over its goal of one million units.
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Japan's Nintendo Co. on Tuesday raised   its 2006/07 net profit forecast by 20.5 percent, beating market   expectations, thanks to strong sales of its DS hand-held video   game player and a weaker-than-expected yen.
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KYOTO, Japan  - Japanese video game maker Nintendo  Co. Ltd.  said on Tuesday it is possible the company  will beat its own earnings forecast for the current business  year, helped by continued robust sales of its DS handheld  games. DS sales for the year to the end of next March may  exceed its official forecast of 20 million units, Nintendo  President Satoru Iwata told Reuters in an interview.
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Nintendo Co. said Thursday profits more than doubled in the six months ending Sept. 30 on the soaring success of its hit Wii and Nintendo DS game consoles.
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Hot on the heels of big US sales, the DS makes its debut in the homeland. After a strong sales in the US, the Nintendo DS was made available to hundreds of thousands of Japanese gamers Thursday morning.
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NINTENDO is gearing up to defend its almost complete share of the hand-held games market with 12 new games to be launched along with its latest, dual-screen handheld console, the DS, on December 2. Nintendo
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Nintendo Co., the world&#39;s biggest maker of portable game consoles, begins selling its newest hand- held player today, accompanied by a $40 million advertising push aimed at taking customers away from Sony Corp.
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U.S. sales of video game hardware  and software rose 28 percent in December from a year earlier as  holiday shoppers snapped up new consoles like Nintendo Co Ltd's   top-selling Wii, market research firm NPD said on  Thursday.
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Sony upped the ante Wednesday in the looming handheld gaming war, giving its PlayStation Portable device a price and on-sale date likely to inspire fierce competition with Nintendo&#39;s DS.
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Japanese video game giant Nintendo said it will seek to retain its dominance of the portable game market with the launch of wireless Nintendo DS, a hand-held double-screen console.
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Previous forecasts projected that shipments of Nintendo&#39;s new DS handheld would reach 1 million by year end. However, during Thanksgiving week, the company sold half a million of the devices
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Nintendo Co. Ltd. 7974.OS on Tuesday   raised its annual net income forecast for 2006/07 by 20.5   percent, citing strong sales of its Nintendo DS video game   console and titles as well as a weaker-than-expected yen.
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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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Nintendo Co. said Thursday profits more than doubled in the six months ending Sept. 30 on the success of its hit Wii and Nintendo DS game consoles. The company also raised its full year profit forecast.
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As Fool Seth Jayson noted last week, Nintendo (OTC BB: NTDOY) had sold half a million of its portable Nintendo DS units within a week of their November 21 launch in the United States.