Another Kickass Quarter for Nintendo

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In light of exhange rates hurting Japanese exporters, it is especially impressive that Nintendo was able to perform as strongly as it did.  Sony didn't do so hot with a report 50% decrease in net profit, although the gaming division (Sony Computer Entertainment) was profitable for the first time in several quarters.

Another notable mention is the Credit Suisse analyst who is forseeing another updated version of the Nintendo DS in early 2009.  Given the multiple iterations of Nintendo's other handheld consoles, it wouldn't be surprising to see a third incarnation of the Nintendo DS, but what kinds of features would it carry?  

Yet the numbers also seem to indicate that the upward slope for Nintendo's profits is starting to level off, with more conservative sales projections for the near horizon.  Wii Music, while a noteworthy announcement for the recently-held E3 expo, may not have carried the weight that Wii Fit did last year.  

Of course, if I had a choice, I would much rather be caught dead playing Wii Music than balancing myself on a Wii Fit balance board. 

FT.com -- Nintendo reports 32% rise in profits

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This page contains a single entry by Masa published on July 30, 2008 1:40 PM.

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