informa
1 MIN READ
News

Wii Prospects Push Nintendo Shares To Record High

With less than a week remaining before North America kicks off the global launch of Nintendo's Wii, the company's stock has risen to a record high of 26,770 yen ($227.44) on expectations that the console might see the same success as Nintendo's DS.
With less than a week remaining before North America kicks off the global launch of Nintendo's Wii, the company's stock has risen to a record high of 26,770 yen ($227.44) on expectations that the console might see the same success as Nintendo's DS. News of the all-time stock price high follows news from late October that the company’s second quarter profits rose by 72 percent on the same period last year, following the global chart-topping success of the DS handheld and its accompanying first party software. Since the beginning of 2006 alone, shares in Nintendo have risen 88 percent, while the benchmark Nikkei average has risen only a slight 0.8 percent. While precise unit shipping numbers for the Wii's North American launch have not been announced, Nintendo has said it expects to ship a total of 4 million consoles globally during the six weeks between the system's launch on November 19 in North America and the end of 2006. The Japanese launch of the system will follow North America on December 2nd.

Latest Jobs

Manticore Games

San Mateo, California
8.23.22
Senior Software Engineer - Mobile

Sony PlayStation

San Diego, California
6.23.22
Sr. Online Programmer

The Walt Disney Company

Glendale, California
8.1.22
Associate Marketing Manager - Walt Disney Games

Insomniac Games

Burbank, California
8.26.22
Accessibility Design Researcher
More Jobs   

CONNECT WITH US

Explore the
Subscribe to
Follow us

Game Developer Job Board

Game Developer Newsletter

@gamedevdotcom

Explore the

Game Developer Job Board

Browse open positions across the game industry or recruit new talent for your studio

Browse
Subscribe to

Game Developer Newsletter

Get daily Game Developer top stories every morning straight into your inbox

Subscribe
Follow us

@gamedevdotcom

Follow us @gamedevdotcom to stay up-to-date with the latest news & insider information about events & more