Nintendo Has Record Year on DS, Wii Sales

Nintendo just announced their financial results for the fiscal year ending March 31, 2007, and the numbers are huge. Revenues are up 90% to 996.5 billion yen, over $8 billion US. Profits are also up, nearly 150% to 226 billion yen, nearly $2 billion in profit.

Nintendo moved over 23 million DS handhelds, just an insane number, along with 5.84 million Wii consoles. The Wii number seems to be short of Nintendo’s projections of 6 million units—this would seem to point to a genuine supply constraint on Nintendo’s part. Some analysts had suspected that Nintendo was holding back shipments of the Wii because Nintendo had “made their numbers” but Nintendo’s results would seem to indicate that this was not the case.

Nintendo’s projections have them selling 14 million Wii consoles in the upcoming fiscal year, and 22 million DS handhelds. 22 million would seem to be a conservative estimate, given their strong sales from the previous year. 14 million Wii consoles moved, though, would seem to indicate a fairly decent ramp up in Wii production in order to meet their targets. Overall, though, the console that both Sony and Microsoft dismissed seems to be poised to challenge for the lead in worldwide sales.

Nintendo’s full press release continues below

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Ubisoft Announces New Titles, Raises Profit Forecast

Ubisoft today announced their first semester results, and sales overall were up 13% to €172 million year over year. In addition, the company revised its 2006-2007 and 2007-2008 guidance based on their software line-ups for the next semester and upcoming fiscal year. While titles Assassin’s Creed and Brothers In Arms: Hell’s Highway have been pushed into the 2007-2008 fiscal year, Ubisoft announced that a new title, Ghost Recon Advanced Warfighter 2 would be launching in their stead. Ubisoft also announced that seven Wii titles would be available at launch, with seven more following by March 2007, including a mystery title yet to be named. Overall, it appears that Ubisoft is championing their current line-up for next-generation consoles, and is leveraging its position on the Wii towards its revised growth figures.

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