Nintendo tripled its operating profit forecast to ¥420 billion ($3.7 billion) for this fiscal year. This would be Nintendo's second revision this year -- they did about four upward revisions last fiscal year -- and is an 86% increase over last year's results. Nintendo also raised its software sales goal by 35% to 97 million units.
From the Japanese perspective in the Reuters report, the announcement of Monster Hunter on the Wii earlier this month is seen as a coup for Nintendo against Sony. It showed that the PlayStation franchise support may be eroding. As far as competition goes, Nintendo still holds they aren't in the same field as Xbox and PlayStation, so don't expect a price cut. Senior Managing Director Yoshihiro Mori says, "The way people play with the Wii and the type of games people play are quite different from rival offerings. The products are quite clearly differentiated ... We don't see any need to cut prices." Unless something dramatic happens, Nintendo is gonna see profits for the foreseeable future. And we still have no idea on the WiiFit impact yet.
Nintendo ups profit forecast, incoming money storm
53 Comments by Alexander Sliwinski Oct 25th 2007 11:00AM
Filed under: Nintendo DS, Nintendo Wii, Business
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(Page 1) Reader Comments
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Microsoft tried to use the Wii to gang up on Sony, but they've shifted over time. First they were dismissive, then they were "buy both", then they shifted to "different market", and finally they are eyeballing the white box with fear.
Of course Sony said the same thing, but I think Microsoft actually believed it for awhile. Personally, I'm appreciating my own karma for wondering why anyone would want a Xbox or a Gamecube last generation.
If you do pick one up, you owe it to yourself to grab Metroid Prime 3. It really is great, even if you're skeptical of the Wii you'll love it.
Yeah I thought about that one too. I wouldnt buy a console for just one game. Im lookin at these so far
MarioGalaxy
MarioKart
Metroid Prime
Smash Bros looks like itll be a
decent rent =) and of course,
Im all about that damn Virtual console (why must we want to re-live our freakin past? lol)
I guess the general feeling was 'Well, as long as it does better than the GC, we'll be happy'. Well, whatever happens, it sure will have done better than the GC.
As much affection as I have for Ninty games and its general approach towards videogames, even I am baffled by the continued success of the console. Don't get me wrong, I'm all for it, but I'm just still as surprised.
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I still have my doubts for the long term viability of the console. Nintendo can only carry it so far with 1st party rehash of its classic characters and with reports of hesitant devs and so many games bypassing the controllers that were supposed to be what made the console unique, it doesn't bode well IMO.
Think about when visiting some place you don't know well. If a friend suggests to go eat at restaurant A, wouldn't you go there above some restaurant B you never tried but only heard of from TV?
PS. while on food, the dominoes Oreo pizza sucks, words from my mouth that tasted that crap.
If you're going to bash the Wii, at least get your facts straight.
Wii Play, Zelda, Mario Party, Wario Ware, Rayman and Red Steel have all broken the 1 million mark.
And Strikers, Big Brain Academy and RE4 are all closing in on 1 million.
Hell, even SONIC has sold a respectable number of copies.
How could any game outsell a game that comes with the system? If 6 million Wiis are sold, 6 million copies of Wii Sports are sold. Unless there is some other game that is so good people buy 2 copies per console they own, nothing can top that. Why do you think Super Mario Bros. and Sonic 2 sold so well? They were also pack-in games.
I too am surprised about the Wii's success. Ive played it and Ive never been like wow I wanna buy one. My kids on the other hand are obsessed with it. As well as my nieces and nephews. Anyway I think Ima have to buy a damn Wii because Mario Galaxy reminds me so much of Mario 64 which was one of my all time favs EVER =) They need to pack in Mario lol then Ill be set, Wii sports got old already.
Wii Play (4.49 million)
Zelda: Twilight Princess (3.61 million)
Mario Party 8 (2.89 million)
Wario Ware: Smooth Moves (1.82 million)
Super Paper Mario (1.25 million)
Rayman Raving Rabbids (1 million)
Red Steel (1 million)
If Wii Sports alone can sell so many consoles, just think how many consoles would be sold by their heavy hitters when they come out. (aka SMG, SSBB)
Whether folks like Iwata and Fils-Aime expected it or not, it's caught a lot of people on the hop outside of Nintendo. I think that's why there's such a dearth of great titles out right now - other than maybe UbiSoft and EA, even the most enthusiastic supporters didn't want to blow their wad on developing games. I really do feel they're going to turn it around in the second year of the system's life cycle.
This is a great contrast to the Sony story.
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If it wasn't for 'BRAWL, I don't think there'd be anything on the console I truly could sit down and play for hours on end compared to most the titles for PS3/X360.
As for MONSTER HUNTER, that really only applies to excite Japan, right? I mean, sales of that series there compared to the rest of the world were totally different. I was bored as all hell with the earlier versions, I can't imagine(even with "Wii Waggle")that it would prove much different.
I haven't played a Mario game since Sunshine, either. Maybe it's because there haven't been any (RPG's and sports games don't count).
See how retarded you sound?
Zack & Wiki(from viewing articles, gameplay, etc.)doesn't appeal to me at all, and as I said, I personally doubt the experience in Mario Galaxy would differ *that* greatly from Sunshine. The same could be said about MGS, HALO, Final Fantasy, Zelda, et al... if a person's not a fan of the series/genre, they're just not a fan and that's it. No harsh feelings for those titles(Zack/Mario), they've all got something great to offer... just nothing to me personally.
And yes, I *do* feel somewhat alienated by Nintendo's focal point with the Wii(and pretty much any piece of hardware they've released after SNES)as being a much more light-hearted approach. For me, that's good to show off to the non-gaming parentals, relatives, or would-be drunk friends coming over to party that aren't playing FPS(Yay TF2 ;D). But if it's down to the nitty-gritty serious game playing ... well, even YOU have to admit, that kind of experience is in the majority on X360 and PS3.
Meh, you sound like just another "better graphics + M-rating = HARDCORE" elitist. As for "nitty-gritty serious gameplay," if Nintendo consoles didn't offer that, I wouldn't buy them.
I still don't understand the Sunshine hate. It was different, but still a stellar platformer. And I don't care what anybody says, the ability to place the camera EXACTLY where you needed it was a big plus.
I always knew it would have done this well, the pre system hype was incredible, the British press loved it. Worked wonders.
What's surprising for me is Sony's current setup. Dead last in both markets. Going off their previous record you'd never have guessed that.
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Software sales are 65,810,000 units.
PS3 is getting annihalted in both hardware and software sales.
FYI just because the titles don't appear on the top ten doesn't mean lots of them aren't selling. If it takes 10,000 or more to appear on the best selling lists then a 100 games selling 8000 copies is still an ass load of software and nothing to sneeze at.
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Sure they do, in the same way that PS3 and xbox360 owners buy games based on if the rating on the cover looks like an "M" and says something about "strong language", or "partial nudity", or "violence". Like that, right?
Several million of it have been sold along with wiiplay.
There are a few other million selling wii titles and the recent financial report shows that close to 66 million pieces of wii software have been sold worldwide.
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But many Xbox360 fans and PS3 fans want it to be against Nintendo because they believe if nintendo falls they will some how win. Nothing changes, if the wii is gone. Sony and MS are scraping hard for the same type of gamer, and their is a limited amount of those. Add to that the hardware are not producing vastly different games, and you feel more confident picking on the WII then the 360 or the PS3 because you can always uses graphics as a warm blanket to make you feel better. I mean seriously it was a well played move by Nintendo.
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Profits like a hurricane
At Nintendo
Race Karts, Lasers, ported games
F5 at Smash Dojo!!
Even my mom plays
Don't care I'm Mr. Gay
Nintendo! Woo-OO-oo
DS prints the bills thanks to
Nintendo! Woo-OO-oo
Manhunt got re-rated (THANKS!)
Nintendo!
P-p-playstation lurks behind you!
Haters claiming "Just two Gamecubes!"
Wiped your tears with money at
Nintendo! Woo-OO-oo
QQ some more bout your gamerscore
Nintendo! Woo-OO-oo
Online is gay, just try Wii Play
Nintendo!
ok that song was not as good as I hoped.
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Haters claiming "Just two Gamecubes!"
Wiped your tears with money at
Nintendo! Woo-OO-oo"
Thats the funniest thing I've read since... well, a long long time.
You won an internets and an honorary NDF membership.
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The Japanese Xbox 360 and PS3s have always been the cheapest versions yet have sold terribly. Obviously price isn't an issue. In quite a few regions the wii cost more then a core xbox 360 yet the wii was the one always selling out. Price isn't a factor to a lot of wii buyers they wouldn't have any fun with a PS3 or xbox 360 it's not for them. They don't give a rat's ass what the hardcore supposedly wants and wouldn't have bought the wii if it had what the so called hardcore wanted.
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Meh, you sound like just another "better graphics + M-rating = HARDCORE" elitist. As for "nitty-gritty serious gameplay," if Nintendo consoles didn't offer that, I wouldn't buy them.
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