News: BigN Expects Record Net ProfitsPosted 11 Apr 2002 at 07:21 by Tim SymonsPlanetGC reported yesterday that Nintendo has lifted its net profit forecast today for the fiscal year that ended in March. The new forecast is a net profit of USD $841 million, which is up from the USD $611 million forecast made in November. Nintendo's previous record fiscal year (ending a year ago March) garnered Nintendo a profit of $738 million. Despite the net profit increase, Nintendo lowered its SALES estimate to USD $4.2 billion (from $4.4) due to the GBA price cut and GameCube game delays. Here in Europe we will probably crick the Net Profits a bit more up also after the 3rd of May. Congrats Nintendo!