Nintendo profits surge on Wii, DS, but not in Japan
- July 30, 2008 06:57 AM PST
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Nintendo reported strong growth in its sales and profit during the April to June quarter thanks to the popularity of Wii and DS -- although sales of both devices dropped in Japan.
Mario Kart is hot. Japan, not so much.
The company said net profit jumped 34 percent compared to the same period last year, to $1 billion, as sales rose 24 percent.
Nintendo sold 5.2 million Wii consoles worldwide during the quarter, a jump of 50 percent on the same period a year earlier. In Japan, however, sales dropped by almost half. Sales of Wii software rose in all regions with volumes in the Americas more than doubling. Overall, 40.4 million Wii games were sold during the period.
Key titles during the quarter included "Mario Kart Wii," which sold 6.4 million copies, and "Wii Fit," which sold 3.4 million.
Sales of the Nintendo DS were down slightly from the same quarter last year due to a big drop in Japan, where sales collapsed from 2.1 million units to 580,000 units. Overall, 6.9 million of the handhelds were sold in the quarter, against 7 million in the same period last year.
Game sales advanced in all markets except Japan, where they fell by roughly half. Sales outside of Japan were helped by the release of "Pokemon Mystery Dungeon: Explorers of Time" during the quarter. Overall, 36.6 million DS games were sold worldwide in the quarter.
Looking ahead, Nintendo left its full-year forecasts unchanged. It expects to realize a 26 percent year-on-year jump in net profit to and an 8 percent increase in sales.
See also: Nintendo larger than all major publishers combined
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- Jul 30 2008 at 06:55:05:AM PST
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This is crazy. I just hope that neither sony nor Ms try to emulate ninty
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*sigh* i should make a game for the wii since anybody can make shovelware, i can too
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SCE reports total PS3 shipments at 14.41 million units, and a near break-even result for the quarter: 5.4 billion Yen in operating profit (U.S. $50 million)
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[url="http://www.sony.net/SonyInfo/IR/financial/fr/08q1_sony.pdf"]SCE reports total PS3 shipments at 14.41 million units, and a near break-even result for the quarter: 5.4 billion Yen in operating profit (U.S. $50 million) [/url]
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I might have believed the possibility of it being because it may be losing popularity, but than I remember Japan is an island w/ a limited amount of people....
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Tknight Posted at: 07/30/08 at 7:10 AM PST I might have believed the possibility of it being because it may be losing popularity, but than I remember Japan is an island w/ a limited amount of people....Japan has a population of 127,288,419 (July 2008 est.) . I don't know where you live but 127.2 million people is alot of people on one island.
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