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General Nintendo

In a new Bloomberg report, it’s stated that eight analysts have raised profit estimates or ratings for Nintendo since September. The two most recent ones have called for profits to triple to 36.8 billion yen.

Tomoaki Kawasaki, an analyst from Iwai Cosmo Securities Co., said:

“Nintendo has picked up good momentum heading into the Christmas season. This time they have a hit lineup. Amiibo represents a new revenue source, and we are watching it very closely.”

Ace Research analyst Hideki Yasuda also stated:

“Last year was just a bad year for the game business, and this year is a recovery. Add to that Amiibo, and you’re likely to see a considerable improvement in earnings.”

Bloomberg goes on to say that Nintendo expects to take in $1 billion from amiibo sales in the U.S. alone. This figure has come in to question and some believe that the outlet intended to refer to yen instead. In any case, things are looking up for Nintendo.

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Nintendo may have discontinued a trio of amiibo figures, if one retailer is to be believed.

Video Games Plus stated on Twitter earlier today that the Marth, Wii Fit Trainer, and Villager are “gone forever”. That’s based on information apparently coming from the retailer’s Nintendo distributor. Video Games Plus was told that all three “are officially discontinued”.

Here are the full tweets from Video Games Plus:


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Satoru Iwata

Satoru Iwata was born on December 6, 1959. That means Nintendo’s global president is now 55 years old! Let’s all take a moment to wish Iwata a happy birthday. Here’s hoping he’ll have many more happy years to come!


The Game Awards 2014 will begin at 9 PM ET / 6 PM PT. Nintendo games are nominated for several awards, but will the company itself have something new to show? It appears the answer is yes, though we’ll only know for sure once the event finishes!


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