Nintendo shares rise due to American successes
Written by Scorpio
Immense sales of Mario Kart Double Dash!! and the Game Boy Advance in America have led to a 3.7% increase in Nintendo’s Japanese shares. It is reported investors are being encouraged to purchase stakes in the company. Deutsche Securities have changed Nintendo’s rating from “hold” to “buy” thanks to sales of a whopping 754,000 GameCube units over the November period – compared to Xbox sales of 491,000 systems.
ATI’s quarterly revenue sales are also reportedly set to go up 40% thanks to the GameCube’s high sales. The company is behind the graphics chip found in Nintendo’s console.