Wii makes industry splash

25 Oct 2007

Thanks in no small part to the runaway success of its Wii console, Nintendo has revealed that profits are soaring and its half-yearly net income has more than doubled compared to a year ago.

This is a direct result of industry-leading sales of Nintendo’s Wii and DS consoles.

All this good news means Nintendo has increased its earnings forecast the whole year from 245bn yen (€1.5bn) to 275bn yen (€1.68bn).

Also, as of 30 September this year, the number of Wii units shipped worldwide is 13.17 million, while the DS has raced to 53.64 million units.??In the six month period ending 30 September, Nintendo’s net sales more than doubled compared to the same period last year, climbing from 298.8bn yen (€18.3bn) to 694.8bn yen (€4.2bn).

Nintendo were also in the news this week as their Wii Sports won six gongs at this year’s gaming BAFTAs, though it was pipped to the post for best game by Bioshock.

By Joe Griffin