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Nintendo Co Ltd. (NTDOY)
Pachter's prediction for Q1 09 FY

Gamasutra - July 28, 2008

Submitted by mrahaju (9) at 2:59AM PST on July 29, 2008

Wedbush Morgan analyst Michael Pachter has predicted Nintendo will report sales above Yen 421 billion ($3.91 billion) and raise yearly guidance to near Yen 1,907 billion ($17.7 billion). "Nintendo's recent financial performance has been spectacular and we expect this to continue in FY:09," said Pachter, "Nintendo's Wii and DS appear to be selling even better in FY:09 than in FY:08, and we believe the momentum will last through the end of FY:09."

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