News: Nintendo Stocks A-Go Go
Posted 19 Dec 2003 at 21:31 by guest
Nintendo stocks in Japan have risen 3.7%- thanks to the company's American success, and their rating has changed from "hold" to "buy". More information on these money matters inside.
Immense sales of Mario Kart: Double Dash!! and the Game Boy Advance in America have led to a 3.7% increase in Nintendo's Japanese shares- and investors are being encourage to purchase stakes in the company. Deutsche Securities have changed Nintendo's rating from "hold" to "buy"- thanks to sales of a whopping 754,000 GameCube units over the November period - compared to Xbox sales of 491,000 systems; which is pretty good anyway. ATI's quarterly revenue sales are also reportedly set to go up 40% thanks to the GameCube's high sales. The company is behind the graphics chip found in Nintendo's purple wonder.
