Nintendo continues cash infusion, record sales and profits in FY08

by Alexander Sliwinski { Apr 24th 2008 at 11:55AM }

Nintendo announced today that it saw a 73% increase in sales this past year and profits of over $4.77 billion, which is a 115% increase over last year. It appears Nintendo forecasted conservatively and is going to need a bigger money bin. The company also states it plans to ship 25 million Wii consoles to retailers across the globe in FY09, approximately the same amount it shipped in FY08, which ended March 31. If Nintendo continues its Wii sales rampage, that means by April of 2009 there could be 50 million Wii consoles in homes.

The Nintendo DS isn't doing badly either, with 70.6 million units sold, and expected shipments of another 28 million units this fiscal year. Nintendo reveals that the global tie ratio for software on Wii is 6.07, while the DS enjoys a 5.24. The company expects an 8.8% operating profit increase in FY09 to $5.14 billion -- that's probably being conservative, again.

[Via GameDaily]

Tags: financial, fy08, nintendo, profit

Reader Comments (Page 1 of 3)

kbomb1upc @ Apr 24th 2008 12:00PM

I can't stop laughing at this pic....This is way better than the "Itz printz money" pictures...

D_Average @ Apr 24th 2008 12:07PM

Great work indeed, whoever did that.

Zertoss @ Apr 24th 2008 12:07PM

Yeah, despite it's age and how much it's been used, it still makes me laugh every single time.

I request an updated version. A Super Mario World version. That game had a cloud that dropped money that would be perfect for this.

Sir Fidlious Wong (Zeon Defense Force) @ Apr 24th 2008 12:14PM

Zertoss, sounds like a fun weekend project...

Zertoss @ Apr 24th 2008 12:37PM

I'd do it myself if I had any talent.

Vol @ Apr 24th 2008 12:39PM

Nintendo needs to cut Fernando a check with those profits.

Jouten @ Apr 24th 2008 12:50PM

I bet they have cut him a check. Fernando's Nintendo Fanboyism is legendary! His reputation of being a Nintendo Fanboy crosses 'party/console-manufacturer' lines!

name123 @ Apr 24th 2008 12:01PM

Nintendo Sales*

*Uses gimmicks.

Fatass of Kickassness @ Apr 24th 2008 12:05PM

Name123 posts*

*devoid of point or wit

Sir Fidlious Wong (Zeon Defense Force) @ Apr 24th 2008 12:10PM

name123's successes*

*known console warrior and poodle rapist

SoulBlade @ Apr 24th 2008 12:10PM

I sense envy. It's ok dude - it's not like it means your choice of console was incorrect. It just means that Nintendo makes more money than the company you chose. Stop being so insecure about it.

JakubK666 (Ninja Defence Force) @ Apr 24th 2008 2:05PM

name123*

*Jealous of Wii outselling his beloved PS3.

FOXHOUND @ Apr 24th 2008 12:02PM

...still waiting on that green/black DS. :\

Tim The Enchanter @ Apr 24th 2008 1:39PM

Perhaps bundled with a Metal Gear game? ...mmmm... me want.

Superstar90 @ Apr 24th 2008 9:41PM

that would be incredible...

what big n-published game is coming out, with a green aspect?

Fernando Rocker @ Apr 24th 2008 12:03PM

The Wii was the console with the bigger softwares sales from last fiscal year.

The days when the 360 sold the most software is over. Sorry, but its true.

There are 26 million sellers on Wii... don't know why people keep saying that the doesnt sell software.

I guess Epic was wrong about saying that people only play the Wii just two months. If that was true, the software sales would be low.

And an atach ratio of 6.07 over 25 millions of Wii's??? Thats a lot software sales.. a lot more than the ratio of the 360 of 7.5 over 18 millions of 360.

Go White Sox and Go other Team @ Apr 24th 2008 12:07PM

Why do you feel the need to repeat yourself over and over? We get it, the Wii and DS are the greatest things ever, bigger than sliced bread or a trip with Al Bundy and NoMam to the nudey bar. Instead of slightly changing up your posts, why not save time and just copy and paste?

Nintendo Wii repeat repeat repeat

joeyg @ Apr 24th 2008 12:12PM

fernando...

just because sales for the waggle and shovelware are big, doesn't mean it's good...if that were true EVERYBODY would LOVE Microsoft's operation systems.

also, your stats are worthless...the wii console is in more households worldwide, so naturally, it will have more software sold overall.

beyond all this fanboy crap, do you own stock in wii? I bash the wii, but that's only because I own it and it is basically useless to me. I only play wiisports occassionaly (haven't turned on the wii at all in 08)

Shane Kim X360DF! (Me love me 360 long time:) @ Apr 24th 2008 12:12PM

I think he just has a word document with all these numbers saved so he can just copy and paste everday. If you think the Wii attach ratio is higher than 360's you are very dilusional my south of the border friend.

Fatass of Kickassness @ Apr 24th 2008 12:12PM

So? Sales don't really mean anything for anyone except these specific few people -

*People who actually work at Nintendo or their third parties
*Idiot system haters
*Idiot 1-system lovers

Not calling you any of those, just saying that those are the only kind of people who are going to reply seriously to your post.

Fernando Rocker @ Apr 24th 2008 12:15PM

I didnt said that the Wii attach ratio was higher, but its not that behind from the 360.

But, the Wii install base is bigger, so, even with a smaller attach ratio, the sales are higher.

voodoo_craig @ Apr 24th 2008 12:17PM

For gods sake Fernando, stop clagging up these boards with your "I heart Wii" comments.

Fact of the matter is, we need at least 3 consoles manufacturers in the market and need them all to be successful. Competition breeds innovation and one-console trolls like yourself will bring us back to the days of the Atari 2600.

Fatass of Kickassness @ Apr 24th 2008 12:19PM

I'd like you to tell that to every other troll on this site; some people have yet to realize that Fernando is neither the only troll or the worst of them - half the time, he's actually civil and is able to contribute, which is a bit more than what most other trolls do.

Fernando Rocker @ Apr 24th 2008 12:19PM

Its a sales thread! What Im a suposed to talk?

Besides, read these comments:

http://www.joystiq.com/2007/11/17/japanese-hardware-sales-nov-5-nov-11-twice-in-a-lifecycle/

So, it's ok when Sony sales are good to talk shit?

Go White Sox and Go other Team @ Apr 24th 2008 12:28PM

Voodoocraig,

nicely put. With 3 major console manufactures, 2 directly competing and 1 taking advantage of the vast soccermom market, we as gamers win. We get better games, and better prices. Anarchy thru capitalism.
The more competition there is, the more reason for console manufacturers to try to outdo each other. Sony dominated the last 2 gens, and now for the moment, directly competing or not, Nintendo is on top. Which is making Sony drop prices faster, and ramp up with the highest quality software that they can make.

NATO_Duke @ Apr 24th 2008 12:32PM

Fernando, you have to be careful not to start sounding like Ken with those comments.

Everyone needs to stop acting like their favorite console is the king and the others are going to fall.

deaftly @ Apr 24th 2008 12:33PM

Nothing is better then a trip with Al Bundy to the nudie bar.... NOTHING.

tmacairjordan87 @ Apr 24th 2008 12:38PM

So what nintendo is selling the most blah blah.

As pacther said, you don't have to finish 1st to make a shit-ton of money nowadays.

But this doesn't bother me and shouldn't bother anyone because the 360 and ps3 are getting the majority of great games. What good does sales do for wii owners when 99% of the games they get are mario and sonic at the olympics and carnival games? Yeah you get brawl, but that's really close to melee. It's not exactly adding a bunch of new gameplay stuff like GTA or MGS is.

/rant over

xFenixKnightx @ Apr 24th 2008 12:45PM

tmacairjordan

Thankyou, agreed 100%!!!

Fatass of Kickassness @ Apr 24th 2008 12:47PM

Thats weird, Jordan, 'cuz I have, what, 21 games for my Wii (compared to 30 for my 360 and 6 for my newly purchased PS3) and they're all what I'd call 'great'.

t_m @ Apr 24th 2008 12:48PM

why do you care?

Co @ Apr 24th 2008 1:04PM

Ok thats it Fenix, you just agreed with tmacairjordan... you're off the Christmas list buddy!!

Seriously you just agreed with that kid! His screenname is T-Mac freakin Air Jordan! Look, I know T-Mac is playing for your Houston Rockets right now but come on man! And hey they're in trouble right now down 0-2 to Utah... not lookin good.

samfish @ Apr 24th 2008 1:43PM

"As pacther said, you don't have to finish 1st to make a shit-ton of money nowadays."

Wait, wait...now we take Pachter seriously? When did this start?

"Yeah you get brawl, but that's really close to melee. It's not exactly adding a bunch of new gameplay stuff like GTA or MGS is."

HAAAA HAHAHAHAHAHAHA!
I can't believe you have the audacity to type something like that!
Please, do tell us how Drunk Mode is going to revolutionize GTA!

HAHAHAHA HAHAHAHAHA!

Fatass of Kickassness @ Apr 24th 2008 1:51PM

I don't like those who bash Brawl, but in the same vein, don't bash GTA4 as it does indeed bring plenty of new shit to the table and will, like Brawl, end up being an amazing game.

Dudeman08 @ Apr 24th 2008 2:00PM

Uh I never have understood all the hate for Mario & Sonic at the Olympics... have you even played this game or just hate it cause you love to hate? (Oxymorons are fun)

tmacairjordan87 @ Apr 24th 2008 2:01PM

I know you're just trying to reel me in, but you're a complete fool if you think the only new thing to GTA is a drunk mode.

I've seen brawl in action, what's new? a busted online system? Everything else is a really minor addition.

@ Co

yeah poor mcgrady's never getting out of the first round :(

Fatass of Kickassness @ Apr 24th 2008 2:09PM

While I don't agree with Samfish and that GTA comment, I don't agree with your Brawl comment either, unless you consider...

*An upgrade from 28 mostly MIDI tracks to 281 mostly orchestrated tracks, one of, if not the greatest soundtrack in gaming history
*a revamped physics system that puts more of an emphasis on combat
*retooled balance between the characters
*new modes and such
*an absolutely incredible amount of unlockables

...a minor improvement over Melee. In which case, I'd call you a retard.

xFenixKnightx @ Apr 24th 2008 2:29PM

Co

I know my Rockets are done son =(::::_____

Dale @ Apr 24th 2008 4:08PM

I have owned almost every major title for the Wii.

I have spent more time on Everybody Votes than every Wii title combined.

bender @ Apr 24th 2008 5:44PM

At least you guys had that streak. My Mavericks have done very well the past few years and then find a way to completely choke.

(They lost to Golden State? What the hell.)

Princess Skittles @ Apr 24th 2008 12:06PM

Mark Rein is having a heart attack somewhere.

Fernando Rocker @ Apr 24th 2008 12:07PM

That is so true... he was the first guy I tought when I read this news in the morning.

Sir Fidlious Wong (Zeon Defense Force) @ Apr 24th 2008 12:13PM

I don't see how. Seriously, porting the UE3 to Wii WOULD be a huge pain in the ass and truthfully? Who would license it on that console?

Oh wait, Mark Rein said bad things about Wii. Must hate...

Shane Kim X360DF! (Me love me 360 long time:) @ Apr 24th 2008 12:19PM

Fernando said:

"tought"

I understand Spanglish is your fist language but can you at least use Firefox? It's not that difficult, geez!

Fernando Rocker @ Apr 24th 2008 12:22PM

Does FireFox has a built in corrector? I need to try it =p

FOXHOUND @ Apr 24th 2008 12:23PM

I seriously doubt Mark Rein gives a rat's ass about this. Especially since UE3 already been deemed profitable given all the companies that purchased usage of it... and it's obvious from all the talk of UE4 that it isn't meant for any hardware Nintendo will offer in the next generation of consoles.

Because let's be honest, Nintendo *won't* make a console with high end graphics and will probably not go with a gamepad for its 8th generation console. If the console they come out with bears hardware stats more advanced overall than that generation's competition(hell, I wonder if it'll any higher than PS3/X360 given their pace); I'll gladly buy Fernando that console.

zero2dash @ Apr 24th 2008 12:23PM

No I think he's off somewhere shaking his head asking why the Wii is still popular. Funny thing is, I ask myself that same question every day when I stare at mine sitting idle (with a decent layer of dust on it from not being used in nearly a year). I'm sure other people are also wondering the same thing.

FOXHOUND @ Apr 24th 2008 12:24PM

Shane---
fist=first

:x

aristokrat @ Apr 24th 2008 12:24PM

I don't think Mark Rein feels any different today than he did yesterday. The Ebola virus set records too, that doesn't mean people have to like it.

And for all your attach rate numbers, do they include WiiSports? I have a sneaking suspicion that they do.