Posts Tagged “
Profits
”Nintendo Talks Profits, Sales, And Increased Wii Shipments
Looks like Ashcraft's information was right on the money! Along with the news that profits and sales skyrocketed during fiscal year 2008, Nintendo forecasts that shipments of the Nintendo Wii will increase to 25 million over the course of the next year, more or less in line with the 2.4 million a month estimate. The Wii enjoyed massive sales this year, with Nintendo shipping 18.6 million units for the 12 month period ending March 31st, bringing the worldwide total to 24.45 million units. Generally I would scoff at the whole shipped versus sold thing, but the last time I saw a Wii on store shelves was...actually I don;t think I've ever seen a Wii on store shelves. The console's tiny folding friend is doing great as well, with 30.31 million DS systems shipped over the course of the year for a total of 70.6 million - and they're expecting to ship 28 million more this year. The company enjoyed sales of 1.67 trillion yen, a leap of 73 percent over the previous year, with operating profits up 115.6 percent to 487 billion yen. Hit the jump for the annual Nintendo numbers festival! More »
best buy
Best Buy's Big Game Gains
Best Buy definitely owes each and every one of us a cookie. The retail juggernaut has reported its profits for the third quarter, seeing a double digit gain in entertainment software sales. This effectively makes gamers and gamer enablers responsible for 17% of their $8.5 billion revenue for the period, due in no small part to the new console launches. More »
wii
Wii is a Pretty Profitable Princess
Nintendo of Canada's Pierre-Paul Tr panier spoke with GamesIndustry.biz today about the profitability of the Wii, which unlike its competitors actually makes money off of console sales."We make a profit on the system itself," Tr panier said. "Unlike our competitors, we don't have ulterior motives; we're not in it to sell HD TVs, or to become the operating system in the living room or anything like that."
Ooo, burn. He has a point, of course. A company that only sells video games has to profit off of them. Even if Nintendo only makes $1 for every Wii sold they are still ahead of Sony, who lose $200-300 on every system. Tr panier went on to discuss supply issues, the Canadian market, and possibly the most suprising bit of Wii information yet.
"And the great news is the feedback we're getting from media and consumers and all of our research is that the Nintendo Wii really is the pretty girl at the party this year."
Wait, it's a girl? But I thought, with the...you know. I guess that would explain why it's not physically attached. More »














