Nintendo Posts a 34% Gain in Operating Profit

It's time for a dose of numbers with Nintendo announcing their 6-month profits and future predictions.

The company updated their stats this year with a 34% gain in operating profit for April to September 2008, coming in at 252.2 billion yen ($2.56 billion), up from 188.78 billion this time in 2007. The surge has been due to increased demand for both the Wii and DS, popular releases like Wii Fit and Super Smash Bros. Brawl spicing things up in the software stakes.

That said, Nintendo lowered its operating profit forecast by 3% to 630 billion yen for the year ending March 2009. Up until that time, 27.5 million Wii units are expected to sell in total, up from a previous target of 26.5 million.

Thursday it now expects to sell 27.5 million units of its Wii game console in the year to March, up from its previous target of 26.5 million units. The DS however is sticking to a 30.5 million unit prediction.