Nintendo Plans to Boost Wii Production
April 27, 2007 By YURI KAGEYAMA, AP Business Writer
A woman walks by boxes of Nintendo's Wii computer game consoles and its billboard at a mass sales store specializing in electric appliances in Tokyo on Thursday April 26, 2007. Booming sales of the popular Wii and DS game machines lifted Nintendo Co.'s earnings 77 percent for the latest fiscal year, showing that the Japanese maker is holding its own against bigger rivals Sony and Microsoft. Nintendo reported group net profit of 174.29 billion yen (US$1.47 billion; euro1.08 billion) in the year through March, up dramatically from 98.38 billion yen a year earlier. (AP Photo/Shizuo Kambayashi)
(AP) -- Nintendo's president acknowledged Friday that the shortage of the hit Wii game machine was "abnormal," and promised production was being boosted to increase deliveries by next month.
Content from The Associated Press expires 15 days after original publication date. For more information about The Associated Press, please visit www.ap.org .
Similar stories from PHYSorg:
Global sales of Nintendo's Wii top 50 million
Mar 26, 2009 |
5 / 5 (1) |
0
'Conduit' videogame plans to change Wii's image
Mar 27, 2009 |
3 / 5 (1) |
1
Nintendo not planning price cuts for hit machines
Apr 09, 2009 |
3 / 5 (1) |
0
Nintendo's annual profit rises 8.5 percent
May 07, 2009 |
not rated yet |
0
Nintendo cutting Wii price by $50 to $200 (Update)
Sep 24, 2009 |
3 / 5 (1) |
0
