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.
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