Nintendo's Bottom Line.... WOWZA!!!!
Here's the latest revision that Nintendo made to their sales forecast.
Bottomline, Nintendo's net income is 120,000 million yen. That's over 1 Billion dollars or more accurately $1043478260.87 which is very impressive. Of course that's Net Income, profit is a whole other matter. It involves subtracting taxes and operating costs, etc. So this number should be whittled down quite a bit.
Me thinks that this poster on Digg never took accounting classes. He equated Net Income with Net Profit. However, unlike Microsoft and Sony who lose money with each console system they sell, Nintendo actually makes a profit with every single unit. And with the success of the Wii, I think its good to be Nintendo right now.
Bottomline, Nintendo's net income is 120,000 million yen. That's over 1 Billion dollars or more accurately $1043478260.87 which is very impressive. Of course that's Net Income, profit is a whole other matter. It involves subtracting taxes and operating costs, etc. So this number should be whittled down quite a bit.
Me thinks that this poster on Digg never took accounting classes. He equated Net Income with Net Profit. However, unlike Microsoft and Sony who lose money with each console system they sell, Nintendo actually makes a profit with every single unit. And with the success of the Wii, I think its good to be Nintendo right now.
Labels: Computer Games, News
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