Nintendo Co., the world’s biggest maker of video-game machines, forecast a surge in profit as the yen slides and the company accelerates new game releases to drive sales of Wii U consoles and 3DS hand-held players.
Nintendo Co. President Satoru Iwata has pledged that the “Super Mario” game creator will post a 100 billion-yen ($1 billion) operating profit this fiscal year as new software titles boost sales. Analysts say he’ll fail.
Nintendo Co. President Satoru Iwata is convinced the future of gaming still centers on handheld and TV-based machines. He’ll get his answer by Christmas, in the number of new Wii U consoles that get bought.
On the basketball court of Rome’s Liceo Massimo high school about five decades ago, Mario Draghi modeled his playing on that of future Hall of Fame hoopster and U.S. Senator Bill Bradley , then shooting for Olimpia Milano.
When Mario Monti was appointed -- not elected -- prime minister of Italy in November, most Italians saw him as a welcome respite from the flamboyant, bankrupt leadership of Silvio Berlusconi. With the economy headed for collapse, technocratic leadership and a break from politics as usual were exactly what they wanted. So they thought.