Nintendo President: Wii Not Out Of The Woods YetS

As 2009 rolled on, it looked like Nintendo's Wii was finally running out of steam. But then Black Friday came along, and the console broke records. Same with December. Despite this, however, Nintendo president Satoru Iwata is still urging caution.

In an interview with Reuters following a rebound in the company's share prices, Iwata said "I think it's now safe to say the Wii has recovered from slowdown".

"But I'm not sure if it's prudent to use words like revival and recovery lightly before making absolutely certain we can maintain this momentum. So, I steer clear of such words today."

Too late! You already said recovery!

Nintendo Wii posts record U.S. sales in Dec [Reuters]