Nintendo Profits Continue to Soar

UPDATE:

Nintendo has announced worldwide sales figures for the Nintendo DS and Wii platforms, which have combined to form over 45 million in total units sold.

The company has sold approximately 5.8 million Wii consoles and over 40 million Nintendo DS systems. The recent figures puts the DS well above the GameCube’s lifetime sales of 21 million, even though the handheld has only been available since 2004.

Nintendo is also looking to strengthen “Wii’s ‘Channel’ concept which already includes the abilities for the Wii owners to create their caricatures, view weather forecasts, news, and surf the web. Wii will encourage communication among family members as each of them can feel something relevant to themselves and be motivated to turn on the power everyday in order to enjoy ‘the new life with Wii.'”

Original Story:

Once again, Nintendo has raised their financial predictions after a year-to-year profit increase of 77.2 percent because of Wii and DS sales.

This year’s forecast has been increased by almost 20 percent with sales expected to reach 270 billion YEN (last year’s profit was 174.3 billion YEN). Sales of DS hardware have been more than 23 million during the year with software sales at 123 million. Wii now stands at 5.84 million units sold with 29 million games sold. Predictions for DS hardware sales are now at 22 million units with the Wii expected to sell 14 million units this fiscal year.