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Nintendo makes ridiculous amounts of money in Q1


Nintendo has to be a short step away from building an evil fortress in a volcano, because now they have super villain money. Like, the kind of money Dr. Doom could use to take over the entire world. Good thing Nintendo isn't evil and just wants us to play games.

During Q1 of this year, Nintendo earned nearly 1 billion dollars (107.2 billion yen). We can only imagine how many Deathstars that could build. Hardware sales showed the DS at 6.94 million units (which was down from 6.98 million year-over-year), bringing lifetime DS sales to 77.54 million units. As for DS software, sales were up, increasing by 2.33 million units to 36.59 million. With this slight dip in DS hardware sales, some analysts are showing concern.

Hiroshi Kamide, an analyst at KBC Securities Japan, commented to the AFP in Tokyo that "for the first time, we've actually seen DS hardware sales fall year-on-year. The DS has hit a bit of a high-water mark." If the opinions of gaming bloggers count for anything, we're going to go on the record and state that we aren't worried in the least. With a Grand Theft Auto game coming to the DS, along with the DS just being awesome overall, we think the handheld still has a fighting chance.

Tags: business, earnings, finances, financial, grand-theft-auto, sales

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