Nintendo forecasts first profit drop in 6 years
– Nintendo is forecasting its first drop in profit in six years for the fiscal year through March 2010
– 230 billion yen ($2.4 billion) profit
– 279.1 billion yen profit for the fiscal year ended March 2009
– Nintendo expected to sell 20 million Wiis and 30 million DS’ in the 12 months through March 2010.
– analysts expect fiscal year profit of 229 billion yen ($2.4 billion).
“We are expecting the results to be better than the company forecasts for the Wii. Christmas shopping was strong.” – Yuta Sakurai, analyst with Nomura Securities Co. in Tokyo

May 4, 2010
[…] This post was mentioned on Twitter by purenintendo. purenintendo said: New blog entry, Nintendo forecasts first profit drop in 6 years – http://tinyurl.com/3xk44op […]