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April 5, 2007

Nintendo ups forecast....again

Posted by Kim Peterson at 9:59 AM

Nintendo is on a tear. Just three months ago it raised its yearly sales predictions from $6.4 billion to $7.6 billion. Today, it's doing so again. Yearly sales are now forecast at $8.1 billion. Profit is also up for the year, but Nintendo didn't give specifics.

The jump isn't because of that new Wii console that's getting all the attention. The company said it's seeing "robust trends" in sales of its handheld player, the DS.

Nintendo's fiscal year ended March 31, but it's announcing the financial results on April 26.

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