Nintendo half-year profits double

Nintendo’s year-on-year first-half profit and sales figures have doubled after the continued success of Wii and DS.

The company has now raised its profit outlook to a record for the second time this year, reports Bloomberg.

Net income jumped to 132.4 billion yen (£586 million) in the six months to September 30th, from 54.3 billion yen (£232 million), a year earlier.

Sales climbed from 298.8 billion yen (£1.27 billion) to 694.8 billion yen (£2.96 billion).

Operating profit rose to 188.8 billion yen (£806 million) in the half- year from 67.1 billion yen (£287 million) a year earlier.

Nintendo has now raised its annual profit outlook to 275 billion yen (£1.17 billion) from a July forecast of 245 billion yen (£1.05 billion).

The firm, whose market value more than doubled this year, sold 7.33 million Wii players in the half.

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Tags: Nintendo , profits

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