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Wii sales double Nintendo's profits

Written By deanogee 300 days ago
News Category: Console News
Relevant Consoles: : PlayStation 3 : Wii : Xbox 360
Nintendo claims its profit has doubled in the last six months due to the Wii's success. This will certainly help boost up the Japanese firms net profit of 132.4 billion yen ($1.16bn/£506m) from 54.4 billion yen the year before.

The Nintendo DS's popularity also helped, with 13.4 million consoles finding a new home.

The Wii's success has battered Sony's Playstation 3 and Microsoft's Xbox 360 so far in the next generation console war. 7.3 million units have been estimated to have been sold so far.Ninte ndo points its success to the Wii's motion sensitive control, and DS' appeal to older gamers. In fact, demand had been so high for the consoles, that Nintendo had difficulties producing enough machines.

It was thought that it would take another year to meet the demand, but Nintendo now hopes to sell 17.5 million this year to March, which would mean 1 million consoles more being sold then last year.

However, Sony hopes the price cuts of its Playstation 3 console will start the onslaught of its console winning back the market.

Only time will tell...



Tags : DS : microsoft : Nintendo : PlayStation 3 : Profits : Sales : Sony : Wii : Xbox 360



Comments

By: Dragonsoul

On: 02:47 Oct 25th, 2007
Offline
Apparently Nintendo's innovation and creation has paid off. I wasn't terribly surprised at the results but still it's good to hear that they are having such success. I hope this will encourage future consoles to emulate such successes as the DS and the Wii.

I still think Wii is a funny name though. xD

By: Dragonfly

Video Game Chat Member Avatar

On: 02:57 Oct 25th, 2007
Online





Dragonsoul;34770

I still think Wii is a funny name though. xD


You and the rest of the world. *laughs*

Sadly, a year on, my flatmate still thinks they're funny... -_-

Anyway, this doesn't surprise me. Only problem is, at this rate, it's going to reach a saturation point in sales a lot sooner than most other consoles have... and what do you do once every who can own one does own one?

By: Samuel

On: 03:07 Oct 25th, 2007
Offline
Collapse, and send the industry into economic crisis. Look at Ford, and the Model T. However, I don't think that's going to happen. Nintendo will grow ever rich becuase their console is family-friendly, and then slowly fade back to their normal levels because there's no decent games for it.

By: boa

On: 07:57 Oct 26th, 2007
Offline
Still not sure that a motion sencing slightly upgraded gamecube can be anything other than half way between this gen and the last....

And if people don't hurry up and take advantage of nitendos Innovation, I'm going to assume it was all just another word for gimmick.

Me? Cynical?

By: Evren

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On: 08:06 Oct 26th, 2007
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It's something funky that was aimed at everyone to show that everyone can play games, even if they are little silly ones.

Same with the DS, though the Ds might have some really good in-depth games, they are few and far between.

Once everyone has either got one, or gotten bored, whats going to happen then?

By: Corrine

On: 09:23 Oct 26th, 2007
Offline
Like everyone's said: What happens when they reach market saturation? The Wii and the DS are new kinds of games, involving touch and whole body movement, which hasn't been explored in the past as well as it is now; how many of these games have replay value a year from now? Two years from now? How long will people play Wii Sports? I for one still play PS1 games, they've held up over time...

And where will Nintendo go from here?

By: Evren

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On: 08:06 Oct 27th, 2007
Offline
I still play PS1 games, but Wii Sports just hasnt held me like it's held everyone else, i just got bored of some of the non-responsivness and the like.

By: ApplesauceNinja

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On: 09:26 Oct 27th, 2007
Offline





Words of Ivory;34772


Anyway, this doesn't surprise me. Only problem is, at this rate, it's going to reach a saturation point in sales a lot sooner than most other consoles have... and what do you do once every who can own one does own one?



Look, the PS2 has sold something on the order of 110 million units worldwide, right? And, I understand where you're coming from, but I'm not so certain they're anywhere near the saturation point just yet. Still another 80 million or so to go before that point.

I think what will happen is that the Wii will never reach the installed base the
PS2 enjoys. Why do I say this? Because sooner or later, the novelty of the Wii control scheme will wear off, and Nintendo has only a small handful of games for the system that are even worth playing. The PS2, despite being
as old a system as it is, still has a devastatingly good library of games, with
more being produced every month.

Unless Nintendo cracks down and curbs all of the crap titles being "developed"
(I use that word loosely when speaking of Wii titles) for the Wii, I think the they can expect maybe another year to 18 months of sales before
it runs out of steam. It is, after all, about the games. That's what's keeping
the PS2 going strong, and it's what will hurt the Wii longterm. That is, unless, Nintendo changes course immediately and starts taking some pride in which games makes it onto the console.

For every Metroid 3 or Twilight Princess, you have twenty Ant Bullys,
Meet the Robinsons, or any number of other kiddie movie tie in crap games.
Does anyone remember the Nintendo Seal of Quality? Whatever happened to that? I'd like to have my Wii purchase justified one of these years. Well,
at least I can look forward to Okami, but that's not even a Wii title orginally. Where did I see that game before? Hmmmm...oh yes, that's right...on the PS FREAKING 2!!

You shouldn't have to raid the quality titles from another system. You should take some effing pride in what's coming out for your own. Wake up, Nintendo!!


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