Quantcast
Nintendo stock hits two-year high thanks to Western sales - Destructoid




Game database:   #ABCDEFGHIJKLMNOPQRSTUVWXYZ         ALL     Xbox One     PS4     360     PS3     WiiU     Wii     PC     3DS     DS     PS Vita     PSP     iOS     Android


Nintendo stock hits two-year high thanks to Western sales


2:30 PM on 07.23.2013
NintendoNintendo stock hits two-year high thanks to Western sales photo



Nintendo shares rose to two-year high Monday, increasing four percent to close at 14,050 yen on the Tokyo Stock exchange. The jump in price is attributed to speculation that hot new international releases will carry the company in terms of revenue this quarter.

Animal Crossing: New Leaf has been key to Nintendo's recent success in North America. Released last month, the title was an instant success, setting a record high for launch day sales via the Nintendo eShop. To date the game has moved more than 500,000 units in the United States, boosting Nintendo 3DS hardware sales to 225,000 in June, making it the best-selling system in the country for the second consecutive month.

Recent reports that China may finally lift the ban on consoles is another factor driving stock prices, argues Okasan Securities senior strategist Takashi Oba. Investors are likely chomping at the bit for Nintendo to bring its wares to the untapped market, which boasts a population of more than one billion souls.

Nintendo rises as new titles spur overseas sales: Tokyo Mover [Bloomberg]






Comments not appearing? Anti-virus apps like Avast or some browser extensions can cause this.
Easy fix: Add   [*].disqus.com   to your software's white list. Tada! Happy comments time again.

Did you know? You can now get daily or weekly email notifications when humans reply to your comments.






Industry Bull

1:30 AM on 12.17.2014
Well I'll be sucked, Tak Fujii has left Konami

Metal Gear Solid, Pro Evolution, and literally nothing else developer Konami has lost its brightest star aside from the one that goes around wearing a Drive jacket and hanging out with Kiefer Sutherland.  Tak "...more



1:15 PM on 12.09.2014
Microsoft is the publisher of Rise of the Tomb Raider

Ever since Microsoft's gamescom exclusivity reveal, there's been plenty of speculation about the state of Rise of the Tomb Raider. Although it was soon found out to be a timed-exclusive, there are still many uncertainties sur...more



5:30 PM on 12.03.2014
EA's looking to build from within instead of acquiring new studios

In one way, Electronic Arts has always sort of been the New York Yankees of videogames -- it simply buys what it wants. Many of the studios in EA's stable -- such as PopCap and BioWare -- weren't home-grown, but rather bought...more



View all Industry Bull






Back to Top




All content is yours to recycle through our Creative Commons License permitting non-commercial sharing requiring attribution. Our communities are obsessed with videoGames, movies, anime, and toys.

Living the dream since March 16, 2006

Advertising on destructoid is available: Please contact them to learn more