We need more Wii E-mail
by Mike Bantick   
Saturday, 28 April 2007
Nintendo have pledged to stoke the fires of industry in an effort to roll out more Wii game consoles to meet demand.

On Friday Nintendo faced the press and admitted to not being able to cope with the "abnormal" demand for Wii home game consoles.

"We must do our best to fix this abnormal lack of stock," Nintendo President Satoru Iwata told reporters. "We have not been able to properly foresee demand."

Iwata made it known at a the conference with Tokyo hall that all stops will be pulled out to ramp up output; "We will do our best to offer the machine for those who are waiting,"

Having sold just shy of 6 Million consoles world wide the Wii has proven to be the success of this generation of home entertainment.  Along with this the hand-held Nintendo DS is selling fast with Iwata mentioning that 2.5 Million DS machines will be produced monthly by the gaming giant.

Iwata was also able to report on Nintendo first quarter financial results, which to nobodies surprise have seen profit soar by 77 percent to ¥174.29 billion on the back of a 90 percent increase in sales; ¥966.53 billion

With some major franchises such as Metroid Prime 3, and Super Mario yet to hit store shelves, the story just gets better for Nintendo.  Contrast this with the recent Microsoft Entertainment and Device Division results which saw a 21 percent decrease in revenue for the same quarter.
{moscomment}
Powered By Joomla Tags

Please enable JavaScript in your browser to post your comment!

 
< Next story in category   Previous story in the category >
iTWire user statistics Visitors last 30 days
694,279
Subscribers 15,210
#1 independent technology news advertise here
  •   *  
  • Search
  • AdvSeach
  • Login
  • Events
  • FreeStuff

- Advertisement -

Featured Whitepapers

Radioactive IT - Exposure to Hazardous Interactive Entertainment
Wriggle into your Hazmat suit, pick up your Geiger counter and journey into the dangerous world of gaming and interactive entertainment. Mike Bantick will be your guide.
Follow iTWire on Twitter

About iTWire

iTWire is all about technology news, information, jobs and community for the IT and telecommunications industry professional. Subscribe to our free ICT daily newsletter