Nintendo Reports Big Numbers: $996M Profit in Q1, Nearly 30 Million Wii and 78 Million DS Units Sold
by Maarten Goldstein, Jul 30, 2008 4:13am PDTOn the strength of Wii sales, Nintendo's first quarter profit increased 34% compared to a year ago, the company announced today.The April - June period was good for a $996 million profit on revenues of $3.9 billion. Nintendo shifted 5.2 million Wii units, along with 3.42 million copies of Wii Fit and 6.42 million copies of Mario Kart Wii during the quarter. Taking these figures into account, total worldwide Wii sales are now at 29.6 million. Sony recently announced it sold 1.56 million PlayStation 3 consoles during the same period, while Microsoft shipped 1.3 million Xbox 360s.
Compared to the same period a year ago, sales of the Nintendo DS dipped by forty thousand units. It still sold 6.94 million units, and worldwide sales of the handheld are now at 77.54 million. For the entire fiscal year, which runs until March 2009, Nintendo expects to earn $3 billion on revenues of $16.8 billion.
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Comments
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;)
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PS3 and Xbox 360 are gaming consoles. The Wii is a fancy status symbol.
Doesn't matter if anyone really turns it on anymore after the first few hours of "Wii Fit". He just has one.
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1 billion in profit on a revenue of 4 billion!
They must have huge margins.
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If feels a bit like reading about a company in some unrelated industry, doing well but having no effect on my life.
(Not to shit on them. They exist to make money and they're making a hell of a lot and entertaining other people, just not people like me. They owe me nothing and I've got enough out of my Wii already to justify the purchase so that's fine.)
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Keep in mind that most "hardcore" users who bash Wii in this thread are 13 years old.
They are also in ther fourth Xbox 360 due to RROD
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Step 1. Collect Underpants.
Step 2. Make Wii out of said underpants.
Step 3. Profit.
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