Wii/DS Combo Helps With Record Numbers
Good news for Reggie and anyone who happens to be a Nintendo shareholder.
Today Nintendo posted their consolidated fiscal year revenue numbers for the year ending March 31st 2007. Now I aint no stock/money dude but the numbers are quite stellar.
Nintendo posted revenues of around 8.08 billion USD and operating profits of about 1.89 billion USD which would equal an increase of 90% and 150% respectively, company records on both accounts according to the release.
Why such strong numbers you ask? Well it’s no secret that the Wii and DS have been selling like well for lack of a better simile “hotcakes”. DS unit sales were about 23 million last year resulting in lifetime sales of over 40 million.
The Wii numbers are far more impressive. Nintendo has sold about 5.84 million Wii consoles since launch in November. Pretty nice for a console that has what one game design student would describe as “Xbox 1 graphics” but since when does that matter?
Short story: Big N is making tons of dough.
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