Retro

Nintendo Stocks Up, Highest Since 2002

by Daniel VuckovicJuly 5, 2006

More good news for Nintendo, this time from the land of the rising sun. Nintendo of Japans stock have risen 5.8 today up to a record high of 20,760 yen. The stocks have not been this high since March of 2002. Credit Suisse a financial services company, issued a report saying that it now expects Nintendo to post a 36.7 percent rise in the operating profit of Nintendo to March to 123.5 billion yen ($1.07US billion) a raise from a previsou estimate of116.3 billion.

The Wii hype is finally starting to pay dividends all Nintendo have to do now is just release it. Look out for more Nintendo market news in the future.

Source: Yahoo Asia News

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About The Author
Daniel Vuckovic
The Owner and Creator of this fair website. I also do news, reviews, programming, art and social media here. It is named after me after all. Please understand.

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