Technology
What Nintendo needs to keep hitting high score – Livemint
The company looks set to surpass its last record earnings year in 2009—but the fact that that was so long ago holds some warnings for the future
Nintendo has ridden the stay-at-home wave toward another high score, far exceeding market expectations. But if it doesnt heed the lessons of its last record-breaking year over a decade ago, investors might need to wait a long time for the next adrenaline rush.The Japanese game giants operating profit for the quarter ending in December almost doubled from a year earlier. That is even higher than the most bullish estimate on S&P Global Market Intelligence. Its also within touching distance of its…
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