Nintendo Profits Soar this Holiday as Profits Estimate to Triple Since September

Nintendo is heading a for a banner holiday season as they continue to build off their positive and profitable Q2 earnings report, with an estimated tripling of profits since September bringing in 36.8 billion yen. Nintendo, based on estimations by Bloomberg and others, is on pace to meet and maybe exceed their fiscal 2014 projections of 3.6 million Wii U units sold, while Nintendo is expecting a billion dollars in revenue in the United States from amiibo alone.

Nintendo is clearly on the right track and I am just happy that Link and all of his friends are a big reason for this turn around. The Zelda series has now been featured in many of the top selling products this year from Nintendo, such as Hyrule Warriors, Super Smash Brothers for Wii U/3DS, and even as Holiday DLC for Mario Kart 8. Here’s a look at their current stock trending this year:

As you can see, their stock has been rising and sales are likely going to prove this rise justifiable. Profits should continue to rise thanks in part to the Zelda series with Majora’s Mask 3D arriving early next year and Zelda U to cap off 2015.

Source: Bloomberg