Nintendo Business News Wrap-up

With considerable gains in software and hardware sales, and a stabilizing stock, Nintendo forges on in desperate times. Plus last week's Top 5 news!

3 of the Top 5 selling titles for the week of December 1-7 belonged to Nintendo. At number 1, the newest Professor Layton chronicle on DS sold nearly 90,000 units, amazing. Animal Crossing for Wii stayed in the top five at number 3 with just over 75,000 units. And our old friend Kirby plopped back into the Top 5 at number 4 with roughly 50,000 units. However, Kirby Super Deluxe holds the record of total units sold in the current Top 5 at roughly half-a-million. The fresh Nintendo handheld, the DSi, came in at number 1 in hardware and outsold the PSP and Wii combined at over 125,000 units; so much for a lack of interest in a saturated market.

Nintendo stock has remained remarkably steady in the last week. U.S. holiday sales saw respectable gains upwards of 5 percent. A weaker U.S. dollar at last close dropped Nintendo a mere half of a percent.

On the heels of Nintendo's good fortune, Japan's Megachips, Inc. forecast a 21 percent rise in revenue through 2010 on continued demand for Wii and DS systems. Megachips, a Japanese semi-conductor company, offer custom memory to store software. Eighty percent of their revenue comes from their Nintendo contract.

To repose a question earlier in our reporting; is Nintendo recession proof? Right now, if any game company is, it would be Nintendo, hands down.

Share on Twitter or Facebook

Comments

• 

  And the entire top ten was also dominated by games for Nintendo consoles, after a long time. It's like the SNES era, or better, the NES era for Nintendo. I hope it last until the next generation of 2012, but without Sony exiting the market. The Playstation nearly killed the other consoles in its 10 year era, but if the market will grow and enlarge, there will be space for three major consoles in the future.

  Olpus Bonzo, 30-11--0001 at 00:00