Nintendo has reported total lifetime sales of 96 million DS consoles as well as 45 million Wii consoles, two records which have driven the company’s sales rise up 16.7 percent for the nine-month period ending December 2008.
Yet the company expects sales to take a turn for the worst in the remaining fiscal year. Though it has revised forecasts of DS sales up, expecting additional growth of 3 percent, Nintendo expects software for the handheld to drop 7 percent below previous expectations. Wii hardware too has seen a revision in sales projections, with Nintendo trimming its expectation both software and hardware figures down by 3 percent.
Unit turnover saw the company enjoy $17 billion in sales for the nine month period, with operating profit also climbing some 27 percent to $5.6 billion.
Yet the firm, citing the strong Yen which has stung export trade, saw net profit drop sharply; falling 18% to $2.4 billion. Now the company expects its net income to shrink from previous projections, down from $3.8 billion to $2.55 billion; down a third on original expectations and falling over 10 percent year-on-year.
Time to release the more compact and "portable" Wii Lite! or at least release a new color for the Wii to get another gazillion dollars.
about time... the cakes must get cold at some point.