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Nintendo eats the Big Mushroom, nearly doubles revenue


Dale North \\ 05.08.2008	23 comments

It's no secret that Nintendo has grown like crazy. Maybe that was the inspiration for the Big Mushroom power-up in their recent games.

Thanks to the popularity of the DS Lite, Wii, and several kick-ass first-party titles, Nintendo recorded record-breaking revenue growth of 89.8% over fiscal 2006. Research and Markets says that Nintendo’s decision to make lower-priced game consoles has helped the demand and their company growth, and that the change of target demographic didn't hurt much either.

I4U makes a good point: if Nintendo grew profits by 89.8% in 2007, it's hard to imagine what they could have done to make sure the demands were met. I'm sure Nintendo didn't expect to double-up right off the bat.

Do you think Nintendo will keep this growth up for 2008? Or is it someone else's turn now?

- - - Dale North instinctively holds down the "b" button.

23 COMMENTS, LATEST BY Quix
"but the true quality games will really shine this year for Sony." I heard that last year too... - view discussion

There are 23 comments about this post:

Sockapal says:
05/08/2008 12:06

Yup.

DonWii says:
05/08/2008 12:07

Will they grow? Hell yeah!

Will they double next year? Hell no!

Holyetheline says:
05/08/2008 12:09

I think Nintendo will just keep pushing on quite easily.

F Whipple says:
05/08/2008 12:23

They won't keep growing at this rate but they'll keep growing.

king3vbo says:
05/08/2008 12:27

I thnk its only a matter of time before the bubble bursts

Mxyzptlk says:
05/08/2008 12:29

If Nintendo gets an Invincibility Star we're all doomed.

flabzilla says:
05/08/2008 12:51

Whoa deca sports madness!

I hope to see this money spent on good games.

brandon85 says:
05/08/2008 12:51

Nintendo's "made for old and young" demographic is well paired with their low price point, but the true quality games will really shine this year for Sony. Hail to the king baby

Huangism says:
05/08/2008 12:54

platuea

Boggs says:
05/08/2008 12:57

If I may, allow me to sum up these kinds of articles:

"Pfff.. it's just a fad, it'll blow over. Pretty soon now. Okay almost there... Any day now. Some signs are showing.... AH HA! EAT SHIT AND DIE NINTENDO!!!... crap, no.. not yet.... it's right around the corner though."

Cheeburga says:
05/08/2008 13:58

Nintendo makes money?

Misanthrope says:
05/08/2008 14:04

Nintendo won't "blow over" at all. Their exponential growth is a direct result of a virtually new market, or at the very least one that was virtually unexplored.

So once that new market, the gaming for "everyone" not just the "hardcore" geeks, settles down Nintendo will settle down along with its niche market. It will slowly but surely stop increasing those numbers and maybe even decrease a little but if they keep their main audience happy then eventually will be pretty stable as the family entertainment console.

Once that Nintendo is the king of families, others will come and try overtake them like it happened when Nintendo was the king of geeks with NES and SNES.

Luigi takes over says:
05/08/2008 14:05

alright they are obviously abusing a glitch in the system can we get a mod to review them for a ban?

CelicaCrazed says:
05/08/2008 14:53

Remember when people wanted Nintendo to pull out of the hardware race and go 3rd party?? Funny what a little duct tape will do.

Syn says:
05/08/2008 15:22

Mario is teabagging that poor Goomba, and thats a massive bag

Novakaine says:
05/08/2008 15:48

Heh, when Nintendo was doing poorly with the GC, the media and industry was rubbing their hands together excitedly, wondering, "Could Nintendo go the way of Sega?" Wii and DS take off, they're labeled fads. Nintendo keeps up a phenomenal pace, they say it'll be over any minute now. Some things just don't change.

(Note to Dale: Don't worry, that's not what I got from your post. It just brought a lot of the anti-Nintendo gamers to mind.)

PaperBowser0 says:
05/08/2008 15:59

Damn, i wonder how long it will be until Nintendo starts losing money....oh that's right, NEVER!

Magesx says:
05/08/2008 16:01

Too bad half the stuff on those consoles can hardly be considered "games".

mistic says:
05/08/2008 17:08

that's amazing!

NihonTiger90 says:
05/08/2008 17:53

As long as Nintendo keeps making money, the status quo will remain on the Wii and DS.

The Unforgivable says:
05/08/2008 22:54

I was born in the 80's and I always associated Videogames with nintendo.

BlackSunEmpire says:
05/09/2008 00:51

I think they'll need some good releases over the next year to double again, in fact, I think thats probably impossible, but I doubt they'll be hard pressed for cash in the near future.

Quix says:
05/12/2008 08:13

"but the true quality games will really shine this year for Sony."

I heard that last year too...

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