Post by: WindyMan on July 26, 2007, 02:18:29 PM
http://www.nintendoworldreport.com/newsArt.cfm?artid=14101
This week Nintendo released its second quarter fiscal highlights, and it comes as no surprise that it's making serious money off of the continued success of the Wii and DS. For the three month period that ended on June 30, the company's net sales total was 340.4 billion Yen ($2.87 billion). That led to a net profit in the quarter of 80.3 billion yen ($680 million), which is an increase of a staggering 416% over the same period last year.
The Nintendo DS sold through another 6.98 million units in the three month reporting period, bringing its life-to-date figure up to 47.27 million units worldwide. Pokémon Diamond and Pearl were the big software titles of the quarter, selling through a 3.55 million units during the period and 8.76 million units in total. As for the Wii, Nintendo moved out 3.43 million more consoles during the three month period, which inches the system toward the 10 million unit mark: There are now 9.27 million Wiis in the world. Super Paper Mario, Mario Party 8 and Wii Play were cited by Nintendo as big reasons for strong hardware and software sales.
The biggest piece of news to come out of the financial report is that Nintendo has increased its shipment forecast of the Wii to 16.5 million systems by the end of March 2008. Previously, Nintendo said that it could produce 14 million units. This will hopefully make it a little easier to find a console this holiday period, when demand for game products are traditionally at their highest.
With an increase in console shipments also comes an increase in expected revenue. Nintendo is now forecasting a year-end net sales figure of 1.4 trillion Yen ($11.7 billion), up from 1.1 trillion Yen ($9.5 billion) from the previous quarter's estimate. Profits are now estimated to hit 245 billion Yen ($2.1 billion) instead of the previous guess of 175 billion Yen ($1.5 billion), an increase of 40%.
Post by: Kairon on July 26, 2007, 02:39:41 PM
Also... it puts them on track to be the system that is the closest possible resemblance of PS2 style sales. I'm not saying it'll be a PS2, because it obviously won't. I'm just saying it'll be the closest thing to it that we get this generation.
Post by: stevey on July 26, 2007, 02:54:25 PM
*Insert We're in the money song here*
Post by: wulffman04 on July 26, 2007, 02:56:22 PM
Post by: UltimatePartyBear on July 27, 2007, 05:00:58 AM
Post by: Halbred on July 27, 2007, 08:24:06 AM
