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Analyst - industry continues to grow, due to Nintendo
“This is good. It confirms that the video-gaming industry is clearly still growing and the Wii is largely the cause of that. Thanks to the bigger installed base, Nintendo will sell more software, which carries higher margins than the consoles.” - Jack Neele, analyst
You can bet your last dollar that Nintendo is extremely happy with their holiday sales thus far. Iwata said that he’s seen no slowdown due to economic issues, and that hardware sales for the end of the year are in-line with Nintendo’s earlier estimates.