Wii Supply Problems May Not Be Fixed This Year
Posted by Paul Hamilton Categories: Corporate News, Hardware, Nintendo, Wii,
Despite being much harder to find throughout the year in retail outlets than the competitor’s next-gen console hardware, Nintendo‘s Wii may not see much improvement in availability until sometime in 2008. Nintendo originally planned to expand their production in June but were forced to delay their expansion plans due to tight supply of certain components coming from Taiwan-based suppliers.
Wii units are certainly far more available than they were shortly after launch but that may be related to the comparatively lighter demand; with the 2007 holiday season fast approaching and key titles like Metroid Prime 3, Super Mario Galaxy and Super Smash Bros. Brawl expected before Christmas, this could mean another tough Christmas on shoppers with Wii systems high on their lists.
Still, Nintendo has not backed down on projections made in April of this year and in a statement to GameSpot said, “Nintendo has no revisions to announce to its most recent shipment forecasts at this time.” They originally predicted that they would sell 14 million Wiis this fiscal year.
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| DigiTimes via GameSpot
Gallery: Wii Supply Problems May Not Be Fixed This Year
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Nintendo Again Raises Year End Profit Forecasts
Posted by Christopher Sasaki Categories: Corporate News, Nintendo, Nintendo DS, Wii,
Nintendo last raised its profit forecasts for the fiscal year in October, when it adjusted its estimates upwards based on better than expected sales of the Nintendo DS. Recently, Satoru Iwata hinted that another adjustment might be in the future. Today, Nintendo of Japan again raised its profit forecasts by 20% to 120 billion yen, again based on stronger than expected sales of its DS console. The DS and software just continues to surge in popularity; a report on Bloomberg News indicates that the company now expects to sell roughly 23 million DS consoles for the fiscal year with related software sales of 100 million. While Nintendo did not raise its Wii sales projections, the general belief is that the only reason this was not adjusted upwards is that the company does not believe it can manufacture any more units. Overall, the success of the DS worldwide has been nothing short of amazing, allowing Nintendo to build up a war chest for the console wars.
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| Bloomberg
Read More | Nintendo News Release (PDF)
Gallery: Nintendo Again Raises Year End Profit Forecasts
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