Nintendo increases forcast... again!

[Zenien]

Nintendo increases forecast 20% #1


Net profit forecast 100 million yen -> 120 million yen.

http://www.nintendo.co.jp/n10/news/070110ae.pdf
http://www.nintendo.co.jp/n10/news/070110be.pdf

 

[Joker]

100 million yen...thats like, $8 american right?

 

[Shifty]

100 million yen...thats like, $8 american right?

Evidently.

 

[TheGrayGhost]

Nintendo is already number one in Japan, both with the incredible sales of the DS/DS Lite and the Wii. And it's expected to stay on top, even as Sony makes PS3's readily available. In fact, according IGN, PS3's are just collecting dust on store shelves, suggesting that low sales aren't just due to supply constraints.

EDIT: NOT knocking on the PS3, just adding to the thread.

 

[Zenien]

100 million yen...thats like, $8 american right?

More like 836 million dollars.

and:

120,000,000.00 Japan Yen = 1,003,344.59 USD

1 JPY = 0.00836120 USD 1 USD = 119.600 JPY

1.. BILLION dollars![/dr evil if he were smarter]

 

[Deleted User]

More like 836 million dollars.

and:

120,000,000.00 Japan Yen = 1,003,344.59 USD

1 JPY = 0.00836120 USD 1 USD = 119.600 JPY

1.. BILLION dollars![/dr evil if he were smarter]

Yen are worth less than the USD, though. So how could it cost more in the US than it does there?

 

[Zenien]

yes Yen are worth less then the USD hence why 120 million-

Wait, sorry I meant to say billion in the first post, not million.