Nintendo Stock Still Rising?

I'm not sure if any of my readers out there took the initiative when the Wii was first announced and bought Nintendo stock, but there is good news to any of you who did. Reuters just released an article stating that Nintendo's stock has reached an all-time high and is predicted to increase their profit forecasts again. When Nintendo first unveiled the Wii, now currently the market leader, back in July of 2005 Nintendo's stock was floating somewhere around the $17 mark. As of yesterday it is sitting around closer to $67. With the holiday shopping season coming around the corner, WiiFit about to launch in Japan, and Super Mario Galaxy and Smash Bros Brawl coming as well it appears these predictions could very well hold true.

Pokemon Diamond and Pearl Selling Like Mad

Forget hotcakes, I think the saying needs to be switched to "those things are selling like Pokemon."

If anyone out there is at all concerned about the business side of gaming and Nintendo in particular there is some good news. The company just released news that the most recent Pokemon titles, Pokemon Diamond and Pokemon Pearl, have sold over 10 million games worldwide. Apparently 5.2 million of that are Japanese and the rest are from the Americas. Some of the better news though is the fact that the game just released in Europe three days ago so the sales are only going to get higher.

For those of you wondering, that's $350 million dollars worth of total sales for one game (two if you want to be technical). Wow.