Nintendo profit doubles
Nintendo said its net profit more than doubled in the year ending March 2005 but predicted the cut-throat war in the saturated video-game world would mean a downturn in the current year.
Net profit jumped 163.3% to US$812 million as recurring profit rose 189.8%. Sales grew a marginal 0.1%.
The firm said its the DS handheld got off to a strong start after its launch in Japan and the United States late last year and in Europe in March.
Sales exceeded 5.2 million units, it said.
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