Wii and DS drive Nintendo profits
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Nintendo reports booming profits as sales soar of the Wii and DS games machines.
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Shares in Nintendo Co Ltd  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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Its low price and innovative controller could push Nintendo&#8217;s Wii console to the top spot in Japan&#8217;s multi-billion dollar video gaming market, two industry watchers said Thursday.
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The success of the Wii helps Nintendo to treble its half-yearly operating profits to 188.78bn yen.
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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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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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Japanese games giant Nintendo raises its financial outlook for the fiscal year, after robust sales of its DS console.
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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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Nintendo Co Ltd (7974.OS),  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&#39;s runaway surprise hit, the Wii gaming console, continued its strong performance last month, particularly in the Far East. According to Reuters, research by the marketing firm Enterbrain showed that the Wii outsold the high-end Sony PlayStation 3 by a ratio of more than six to one. In the four weeks ending June 24, Nintendo sold more than 270,000 Wiis, compared to Sony&#39;s sales of just over 41,000 units. Microsoft&#39;s Xbox 360 was a distant third, with just under 18,000 units sold.
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The companyâs third-quarter profit beat expectations, lifted by an extra week of holiday shopping and sales of video game consoles and GPS devices.
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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.
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TOKYO Nintendo, the world&#39;s biggest maker of hand-held game machines, said Monday that first-half profit was nearly twice as high as it had forecast as a weaker yen lifted the value of US assets.
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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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Japanese games console maker Nintendo sees its profits fall,  despite  strong sales of its DS portable games machine.
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Nintendo says it has sold more than 600,000 of its new Wii game consoles, since its launch eight days ago in North America.
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Japanese computer games firm Nintendo raises its sales target for the DS handheld  games console after strong early sales.