Nintendo raises full-year forecast, Wii boosts H1
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Japan's Nintendo Co Ltd nearly tripled  its first-half profit and boosted its annual earnings outlook  on Thursday as its popular Wii and DS game machines outsell  rival Sony Corp's PlayStation.
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Nintendo Co. and Sony Corp. made separate product unveilings yesterday that the video game giants hope will attract more customers ahead of the highly competitive holiday shopping season.
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Microsoft Corp  lifted its full-year estimates on Thursday after posting a 23 percent rise in quarterly profit, helped by strong demand for "Halo 3" and computers running its operating system, sending its shares up 12 percent.
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How did Nintendo really do in the 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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Nintendo Co. Ltd.'s  Wii  was the best-selling video game console in the United States in  January, and the Japanese company also boasted four of the top  10 games, data released on Wednesday showed.
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Sales of video game hardware and software were up in December from a year earlier as holiday shoppers snapped up new consoles, market research firm NPD said.
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Nintendo Co. Ltd. raised its 2004 shipment target for its DS handheld video game device by 40 percent to 2.8 million units on Thursday after many stores in Japan and
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Nintendo plans to release its new Wii video game console in the Americas in November.
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The booming popularity of Nintendo's Wii console and DS handheld sent the combined sales of game machines and gaming software in Japan to a record high last year, according to research by a Japanese publisher.
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Nintendo Co. said Thursday its net profit nearly doubled in the nine months to December and it lifted its full-year revenue forecast on strong global sales of its game consoles including the Wii.
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Nintendo plans to release its new Wii video game console in North America and South America in November.
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NEW YORK -- Nintendo Co. and Sony Corp. made separate product announcements yesterday that the video game giants hope will attract more customers ahead of the highly competitive holiday shopping season.
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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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Japanese firm Nintendo sees profits jump thanks to strong sales of its Wii games console and DS handheld.
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Nintendo Co. returned to profit in the first half of the fiscal year from the same period a year ago as the Japanese video-game maker erased foreign exchange losses and earned more from game sales.
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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.