Through Wii and DS sales, Nintendo sees record profits

by David Hinkle on Apr 26th 2007 3:30PM

Nintendo reported a final revenue of 966.5 billion yen and operating profits of 226.0 billion yen for the year ending March 31, 2007 today, managing to break previous records set by the company and completely stump the staff on how much that money would weigh if it were all laid out on one massive scale. We're pretty sure it would weigh more than a tractor trailer filled with bears riding scooters. In other words, it would be completely ridiculous.

The majority of this huge surplus in cash money for Nintendo comes mainly from the DS, which has sold over 23 million units and 123 million games over the last year. Of course, that's not to say the Wii hasn't done its part, managing to sell 5.84 million consoles in the less-than five months since its launch. Games for the system have sold a combined 29 million copies. Given these numbers, Nintendo must be expecting a lot from both systems over the coming year, right?

Yes, they do, stating that they expect the Wii to sell a total of 14 million consoles and 55 million games during the fiscal year beginning April 1, 2007. Nintendo also expects the DS to continue its strong sales, stating that they expect to sell 22 million dual-screened systems and 130 million copies of software for it. This brings the company to a projected consolidated sales increase nearly 18 percent to 1.14 trillion yen and operating profits growing nearly 20 percent to 270 billion yen.

Source

Tags: ds, dslite, lite, nintendo, nintendods, nintendodslite, nintendowii, wii

Reader Comments (3)

aaauuuugggghhhhh!!!! Its scrooge Mcduck and his treasure hoard! What was that movie called? The one with the magic lamp? Awwww that used to be my favorite movie!!

Those numbers are insane. I mean, we all hoped the Big N could turn things around, and we prayed that the DS and Wii would be hits... but never in my wildest dreams did I expect this magnitude of success. Can we even begin to know the impact this will have on the video game industry at large? Nintendo's rethinking of the way this stuff works has pretty much turned gaming on its head.

The real question now is, will the market pressure leave the 360/PS3 "hardcore gamer" types high and dry in a few years, or will we continue to see glossy uninspired sequels and CoD/GTA clones being churned out for them? Only time will tell.

I actually think that's a shot from the DuckTales video game! A classic, I might add, although the maze exploring was a little difficult for my taste. Give me the wildlife photography with that girl duck any day. I am so gay.