Wii helps Nintendo profits soar

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Old 30-07-2008   #1
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Wii helps Nintendo profits soar

Nintendo has declared a 34 per cent rise in net income for the quarter ending June 30- with the success of the Wii held up as the key reason.

Although it appears that the phenomenally popular Nintendo DS' sales are finally levelling out ('only' 680,000 a month now), the Wii has continued to corner the family and causal gaming market.

DS and Wii

Net income for the quarter was 107.2 billion yen (£49.9 million for the quarter, which helped operating profits move up by 32 per cent.

Of course the Wii's success was central with hardware sales up 51 per cent - possibly because there now appears to be stock in the shops.

DS sales for the quarter dipped slightly to 6.94 million units - taking the total unit sales to a whopping 77.54 million worldwide.






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