21st December 2003, 6:05 PM
Quote:Nintendo stocks in Japan have gone up 3.7 percent on Friday and Deutsche Securities have raised the company’s rating from “hold” to “buy.” Other market analysts are sure to follow. It’s almost entirely in response to the healthy GameCube sales in the U.S. for the holiday season in which Nintendo had the top-selling software, Mario Kart, and top-selling system, GBA, in November. GCN sold 754,000 units in the month while close industry rival Microsoft sold 491,000 Xbox systems.
The GameCube's graphics chip maker, ATI, also reported that its quarterly revenue may be up about 40 percent from high sales of GCN and other technology it provides.
Yay!
N-Philes
Sometimes you get the scorpion.