Wednesday, April 4, 2007

UPDATE 1-Nintendo 06/07 sales, profit beat forecasts on DS

(Reuters) - Nintendo, which competes with Microsoft Corp. and Sony Corp. in the $30 billion video game industry, said its profits are also likely to have exceeded its prior projections, but it did not give specific figures.

The Kyoto-based company said it now expects a foreign exchange-related profit of 20 billion yen for the 2006/07 business year, rather than its previous forecast of a 10 billion yen loss.


Read more at Reuters.com Market News

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