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| Nintendo Profits |
| Posted by Shading-scars on 31 Jan 2007 |
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Driven by the success of the Nintendo Wii, Nintendo's earnings
increased since last year's report. Due to the substantial increase in
profits, Nintendo's stocks have hit a 52 week high of 34,150 yen or
$281.114.
Their stock has raised 113% over the last year.
This 43 % increase in profits from last year is due to the sucess of Nintendo's handheld genius, the Nintendo DS and the Nintendo Wii. At the moment the DS has a strong user base in the world and the Wii's is quickly growing.
If things continue as they are Nintendo could again be number 1 in the market and once more at the top.
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