Nintendo Reports Amazing Profits
July 30, 2008
I imagine that somewhere out there right now Nintendo president and CEO Satoru Iwata is reclining in his comfortable chair made of money, wearing his soft fuzzy slippers made of rare Pokemon, and sipping on a cool drink with precious stones embedded in the ice cubes. The company has reported its latest quarterly earnings today and is proud to announce that is brought in one billion dollars in profit. One billion dollars. Profit. My goodness. I think I understand now why Nintendo is spending more resources these days courting the casual crowds over the core gamer audience. There's gold in them thar casual markets. Now, will Nintendo stock this money away in the vault for a rainy day or will they use it to fund research into the next evolution of video gaming technology? At long last the development of the Virtual Boy DS can begin.