Nintendo: Worth six billion by next year |
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We've already been reporting on the recent success that Nintendo's been picking on their DS console, and while we've yet to figure in how big an impact their Wii will have in the long run, we have been wondering: just how much is Nintendo worth this time around?In a nutshell: If all goes well for Mario's home company, Nintendo's net profit will be worth a total of US$ 862 million by the end of the year, at least according to Nintendo's financial report, published on October 26 this year.
Also noted in the report is their expectations for next year, which seems to indicate their faith in the Wii's success even before launch: forecasts for March 2007 indicate an expected net sales of US $6.378 billion. Quoting the report:
In order to expand gaming population in the console business as
well, Nintendo will aim to popularize "Wii" (the latest video gaming
console to be launched at the end of the calendar year) as an "everyday-use gaming device for all the family" allowing the new emergence of gaming console inseparable from daily lives, under the concept of "brand new days with Wii". As for handheld gaming market, Nintendo will continue to strive to gain more popularity with an expansion in software lineup by launching new types of games that expand user base such as "Touch! Generations" as well as easy accessible games to challenging games in due proportion.
Think of this as a show of optimism on Nintendo's part, with that fat a profit expected by March, we'll just have to wait and see how things will really turn out for their recently launched Wii. All we need now's a financial report from Sony and Microsoft for a better perspective. Rememeber: Wii, US$ 250; DS, (As of Black Friday) US$ 100.00; Nintendo (as of March 2007) US$ 6.378 billion, SmashymyWii: Priceless. For full details, read up on the source document.
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Comments
$6.378 bil USD in net SALES != $6.378 NET WORTH. Something as well documented and verifiable via Nintendo's financial info... you guys suck at checking facts.
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