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Re: Nikodemos post# 1589

Wednesday, 01/31/2018 7:33:30 AM

Wednesday, January 31, 2018 7:33:30 AM

Post# of 1716

Nintendo PROFITS UP 261% see here:

Nintendo ups its Switch sales expectations to 15 million units after profits rise 261%

Nintendo earnings for the three months to December 2017 beat market expectations.

The Japanese gaming giant raised its sales forecast for the Nintendo Switch from 14 million to 15 million to the end of March 2018.

Nintendo's operating profit was up 261 percent year-on-year in the quarter.

Revenue of 482.97 billion yen ($4.44 billion) versus analyst forecasts of 407.86 billion yen, according to Reuters estimates. This is a more than 177 percent year-on-year rise. It's also the highest quarterly revenue figure since the quarter ending December 2009.

Operating profit of 116.5 billion yen versus expectations of 69.3 billion yen. This is an increase of over 261 percent and the highest quarterly operating profit since the quarter ending December 2009.

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https://www.cnbc.com/2018/01/31/nintendo-earnings-q3-2017.html


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CASH RICH w/ ~$6Billion in reserves

HUGE I.P. about to be monetized
100+ year old co

NEW Revenue streams forthcoming
Movies
Theme Parks

NEW innovative products
LABO
etc...



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