Nintendo Hitting It Big With Wii

Posted in Industry Buzz, Nintendo Wii, Playstation 3 on Wednesday, July 30, 2008, 13:43 | 0 Comments

Forbes reported that:

A day after PlayStation 3 maker Sony reported a 50.0% plunge in profits, sales of the Wii gaming platform spurred Nintendo to a 34.0% rise in net profits.

Despite being out for more than 18 months, the Wii console has continued to sell at such a high rate that, particularly in the United States, the Kyoto-based company has been struggling to produce enough to keep up with the demand.

The company is forecasting sales of the console to reach 25 million for the year ending March 2009.

If there’s anything that you can conclude from this observation is that Nintendo Wii is clearly the real winner and this success coupled with momentum will just increase the appeal, affordability and hence increase adoption from the mass consumer market.

If you’re a Nintendo Wii owner, give yourself a pat on your back. Better yet, if you are a Nintendo shareholder, you should hold a party.

Failure is not the right word for Sony and PS3 owners either. At least you guys know that you are the minority and that’s what make you “special” too. :)

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