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Nintendo profits get boost from DS

25 January 2007 7:58 by James "Dela" Delahunty | 23 comments

Nintendo has posted a 40% rise in quarterly profits, driven heavily by strong global sales of the company's handheld DS console. The Japanese game maker also stood by its forecast for record setting annual earnings. The Wii console is still also on track to sell 6 million units by March. The company didn't change its latest net profit forecast of �120 billion ($990.5 million) for the year to March.

Nintendo's strategy of attracting women, the elderly and casual gamers with the DS handheld console seems to have worked superbly; helped with successful titles such as Nintendogs and the Brain Training games. The strong figures were expected as Nintendo previously raised its outlook for the year to March three times.

"Numbers were really strong, but there was little surprise after the upward revision the other day," Daiwa Institute of Research analyst Eiji Maeda said. "Going forward, its share price will be susceptible to new software titles for the Wii and foreign exchange fluctuations, both of which could affect full-year results."

Nintendo expects to see the success only continue to grow with considerable demand for the Wii console remaining in all its territories.

Source:
Reuters

Permalink to this article

EA targets Nintendo consoles for growth (2 February 2007)

Sony claims Wii is just an 'impulse buy' (1 February 2007)

Gamer uses Wii to lose weight (31 January 2007)

Nintendo DS sales pass 10 million in North America (26 January 2007)

Nintendo celebrates Christmas success in UK (16 January 2007)

Nintendo raises sales forecasts (10 January 2007)

Wii approaches 1 million sales in Japan (9 January 2007)

Wii beat 1.2 million estimate in U.S.? (5 January 2007)

Wii past 3 million (30 December 2006)

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Discuss this article!
AlanNguye (Member) 25 January 2007 8:10
yeah! who would of guessed lol the ds was a good choice for nintendo afterall! [ + quote]
oofRome (Senior Member) 25 January 2007 9:28
Edit* Oops. Wrong year. [ + quote] This message has been edited since posting. Last time this message was edited on 25 January 2007 10:09
rihgt682 (Senior Member) 25 January 2007 10:50
Ds has been out for awhile. When is DS2 coming out?? [ + quote]
lecsiy (Senior Member) 25 January 2007 11:04
Just another bit of proof to show something sony will never learn: Looks beat performance when your selling to the public! I mean the nintendo ds lite was such a good product! And the sales were fueled by the amazing advertising this product has! Bravo nintendo! [ + quote]
chickenR (Newbie) 25 January 2007 12:43
@lecsiy: I think the originality of Nintendo's current consoles (i.e. the DS and the Wii) also has something to do with it. With the touch (DS) and movement (Wii) inputs it opens up the consoles to a much wider audience, the consoles appeal to more people, because touching a screen and moving a controller are easier for "non-gamers" (people who wouldn't normally play games) to use then all the buttons on a "standard" controller. Anyway, nice to see Nintendo continuing to do well. :) [ + quote]
escalante (Member) 25 January 2007 17:22
Well that is nice. I still love my PS3 though. The Wii is probably good but I wouldn't buy one. I have a PSP so i wouldn't buy a DS either. I thinks Nintendo is doing good but I'll stick with Sony. [ + quote]
DarkJello (Senior Member) 25 January 2007 17:33
Anyone know if Nintendo hired an ex-Apple employee or something? Their product design has vastly changed with the Wii and DS Lite. Very elegant compared to pretty much all of their previous products. I don't see a DS 2 for a loooonnggg time, to much potential left, which is what I like to see. [ + quote]
gogochar (Senior Member) 26 January 2007 14:06
Originally posted by rihgt682: Ds has been out for awhile. When is DS2 coming out?? Maybe never. Originally posted by DarkJello: I don't see a DS 2 for a loooonnggg time, to much potential left, which is what I like to see. Even if they do make a "DS 2", it will most likely be called something else. Maybe a quad screen player? It all ends here. [ + quote]
DarkJello (Senior Member) 26 January 2007 14:10
Quote: Maybe a quad screen player? lol [ + quote]
rihgt682 (Senior Member) 26 January 2007 23:29
So maby i shouldn't wait for next handheld. Quote: Anyone know if Nintendo hired an ex-Apple employee or something? Their product design has vastly changed with the Wii and DS Lite. Very elegant compared to pretty much all of their previous products. I agree. They made their system all white and shiny and slick like apple stuff. Cause regular DS looks like 1988 product while DS lite looks pretty cool. [ + quote]
AlanNguye (Member) 27 January 2007 15:47
definitely! design can help a console too. I like the futuristic look nintendo has given to the DS Lite. Thanks to DvDBack23 for my sig! [ + quote]
utp216 (Inactive) 27 January 2007 19:16
I love my daughters DS Lite. It's a fun system to play with if your bored and want to mess around. She's the bigest Nintendo fan of them all. I'm sure she would of had a N64 if she was into games when it was out. I bought her a N64 at Gamestop for $20 used I think, and she plays that thing alot more than her Cube. Things have changed since she got the Wii. Not she's keeps bugging me wondering when a Pokemon game for Wii will be released! Way to go Nintendo!! [ + quote]
DarkMods (Inactive) 28 January 2007 5:30
the Pokemon game for Wii is called POKEMON BATTLE REVOLUTION. Its already out in Japan. So far there is no release date yet in North America [ + quote]
utp216 (Inactive) 28 January 2007 19:40
Anyone know if a Japanese game would play on a US Wii? [ + quote]
DarkMods (Inactive) 29 January 2007 10:03
no, they dont. if u tried it would just have a disc reading error [ + quote]
DarkJello (Senior Member) 29 January 2007 10:09
I thought the Wii and Wii games were region free? [ + quote]
DarkMods (Inactive) 29 January 2007 10:33
they aren't. its just like the ds. u need a japanese Wii to play a Japanese Wii [ + quote]
DarkJello (Senior Member) 29 January 2007 10:37
Isn't that putting a region on it...? [ + quote]
utp216 (Inactive) 29 January 2007 10:47
I would say that yes, that is a way of them region "coding" the Wii system. Shame though, my daughter would love to play the new Pokemon, even if it is all in Japanese. [ + quote]
DarkMods (Inactive) 29 January 2007 10:57
Pokemon Diamond and Pearl come out in North America on April 22 2007. so that means Pokemon Battle Revolution should come out a few months after Japan Releases:Pokemon Diamond and Pearl-Sept. 28 2006 Pokemon Battle Revolution-Dec. 14 2006 [ + quote]
solarf (Member) 30 January 2007 7:27
There seems to be nothing but good news for Nintendo lately way to GO NINTENDO! [ + quote]
humzaiq (Inactive) 5 February 2007 11:54
i got hit by lightning for spamming this fine site!!! edited by ddp [ + quote] This message has been edited since posting. Last time this message was edited on 5 February 2007 13:01
hughjars (Inactive) 5 February 2007 11:59
Mods, spam alert! [ + quote]