Nintendo raises profits forecast based on DS sales and weak Yen
An interesting article over at Bloomberg discusses Nintendo's profit forecast and how, because of strong DS sales and a weak Yen, the company has raised it's yearly-profit outlook by 20 percent. Net income is to be as high as 100 billion yen ($851 million) for the year ending March 31st, blowing away July estimates of 83 billion yen. Sales of DS game titles is said to reach around 75 million units this fiscal year, from the earlier projections of 70 million. With sell-outs being quite the constant in Japan, did anyone really not see this coming?
