Nintendo earnings nearly double on Wii
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Nintendo's profit for the first nine months of the fiscal year nearly doubled from the previous year, propelled by booming sales of its hit Wii game machine, the company said Thursday.
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Nintendo's Wii console is outselling Sony's PlayStation 3 in Japan by six to one, says research.
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U.S. sales of video game hardware  and software were $1.18 billion in January, down 6 percent from  a year earlier, with Nintendo Co Ltd's (7974.OS) Wii console  once again outselling its rivals.
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Nintendo reports booming profits as sales soar of the Wii and DS games machines.
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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. Ltd. said on Thursday  it will start selling its new game console, the Wii, on  December 2 in Japan for 25,000 yen ($212), making it the third  and last major game maker to bring a next-generation console to  market.
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Japanese games giant Nintendo raises its financial outlook for the fiscal year, after robust sales of its DS console.
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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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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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Nintendo's Wii continues to dominate the Japanese console market, according to latest sales figures.
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Nintendo Co. Ltd.  sold 476,000 units of its new Wii video game console in the United States in November, more than twice the number of PlayStation 3s sold by rival Sony Corp. , as the two consoles debuted mid-month, research group NPD said on Friday.
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Nintendo Co. said Thursday profits more than doubled in the six months to Sept. 30 on the roaring success of its hit Wii and Nintendo DS game consoles.
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Nintendo Co. returned to profit in the first half of the fiscal year from a loss a year ago as the Japanese video-game maker erased foreign exchange losses and turned more profit with game-software 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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Microsoft Corp. said Thursday its fiscal second-quarter earnings more than doubled, beating Wall Street estimates with strong sales of server software and its Halo 2 video game.
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Nintendo Co. Ltd.'s Wii game console  outsold Sony Corp.'s PlayStation 3 by a ratio of over 6 to 1 in  June in Japan, a game magazine publisher said, solidifying  Nintendo's leading position.