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Monday April 30, 2007 7:49 am
Nintendo to Increase Wii Production
Posted by Lolita Beckwith Categories: Corporate News, Video Games
Think back to November, 2006. Remember when it was ALL about the Playstation 3, and all those news stories about people camping out for a week to snag one? Who knew that less than six months later it would be the Nintendo Wii that would completely dominate the video game console wars, and that the “Father of Playstation” would step down. Anyway, Nintendo has announced that, due to the shortage of Wii machines, they will increase production and deliveries of the coveted console by next month. Due to both the Wii and the DS console, Nintendo’s net profits were boosted a whopping 77 percent to $1.47 billion through March, while sales soared 90 percent with $8.13 billion, clobbering competitors XBox and Playstation 3 in the process.
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| Yahoo