Nintendo, maker of the wildly popular Wii console, on Friday revised upward its first-half and full-year sales guidance.
“Financial revisions were the result of continued robust sales for both Wii and Nintendo DS, as well as changes in the expected foreign currency exchange rates based on recent trends in the foreign currency exchange markets,” the company said in a statement.
Shares of Nintendo on Friday shot up $5.60, or 10 percent, at $61.10 in trading.
The Japanese games console maker boosted its full-year net income forecast by 26 percent on a revised higher 11 percent increase in sales. Nintendo lifted its full-year expectations for both hardware and software unit sales for its Nintendo DS and Wii.
|
|
As of 4/08 |
As of 8/08 |
|
Nintendo DS hardware: |
28 million |
30.5 million |
|
Nintendo DS software: |
187 million |
197 million |
|
Wii hardware: |
25 million |
26.5 million |
|
Wii software: |
177 million |
186 million |
Source: Nintendo