Nintendo to TRIPLE their profits thanks to Amiibo!
Quote:
“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.” - Tomoaki Kawasaki, a Tokyo-based analyst with Iwai Cosmo Securities Co.
- at least eight analysts raised profit estimates or ratings since September - the two most recent analysts called for profit to triple to 36.8 billion yen
- Nintendo projects it will sell 3.6 million Wii U consoles this year
- projected to sell $1 billion from Amiibo sales in the U.S. alone.
“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. To get hits like the previous Wii and DS, they will have to introduce new machines. In the game business, it’s difficult to change market share except in the periods of generational change. The proliferation curve is decided early on and it’s difficult to alter it mid-flight.” - Hideki Yasuda, an analyst at Ace Research
projected to sell $1 billion from Amiibo sales in the U.S. alone.
Just read this on ign. The Amiibos were an excellent idea. I always thought that Nintendo should have done something like this to capitalize on the popularity of their characters and the fact that people, especially gamers, love to collect things.
but this is such good news 
First winning E3, now these profits 
