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    Riding The DS, Record Profits For Nintendo

    Nintendo's just been doing everything right lately and it looks like it's paid off for them. Bloomberg reports that Nintendo has earned it's highest year-long profit since 2001.

    Coasting on the laurels of the DS and the DS Lite's popularity, Nintendo posted a profit of 95 billion yen ($808 million dollars). Even with the Gamecube as a stagnant third-place in last generation's console wars, the wild success of the DS has completely validated Nintendo's risky ventures. That Nintendo has done so well on what was considered an experimental handheld probably bodes well for their success with the Revolution.

    One interesting comment in the Bloomberg article is that the wild success within Japan of the DS Lite caused Nintendo to sell handhelds meant for export. We wonder if that accounts for Nintendo's failure to announce an American DS Lite launch date officially.

    Nintendo Full-Year Profit Gains on Stronger Dollar


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