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Nintendo Increases Wii Shipment Expectations News
Jon Wilcox
25/07/2007
Wii continues to go from strength to strength as Nintendo increases the number of expected shipments for the end of the financial year...
Nintendo has today confirmed that it expects to ship 16.5 million Wii hardware units by the end of the 2007/08 fiscal year, which ends on March 31st 2008, up from previous estimates of 14 million units. Over 9.25 million units were sold globally by the end of June, putting the lifetime sales of the console just over 2 million units behind the number of Xbox 360 consoles sold by Microsoft, which has been on sale for a year longer.
The number of software units expected to ship for Wii has also been increased, from previous forecasts of 55 million to 72 million.
The latest figures were released at the same time Nintendo published their financial report for the first quarter period of the 2007/08 fiscal year, which saw the company's net sales increase by 160% to 340.4 billion Yen (£1.37 billion), compared with 130.9 billion Yen (£528.7 million) in the same period last year. Operating income also increased substantially on the year, from 28.8 billion Yen (£116.3 million) to 90.6 billion Yen (£365.9 million), whilst net income rose from 15.6 billion Yen (£63.0 million) to 80.3 billion Yen (£324.3 million) - a rise of 416%.
As a result of today's results, Nintendo has raised its forecasts for both the half year and full year. Net sales for the six-month period are now expected to top 640.0 billion Yen (£2.58 billion), up 39% from previous forecasts, whilst operating income has been increased to 160.0 billion Yen (£646.2 million) from 85.0 billion Yen (£343.3 million). Net income forecasts for the half year have raised from 50.0 billion Yen (£201.9 million) to 105.0 billion Yen (£424.0 million), up 110%.
Forecasts for the full year, ending March 31st 2008, see net sales topping 1.4 trillion Yen (£5.65 billion), with operating income reaching 370.0 billion Yen (£1.49 billion), and net income of around 245 billion Yen (£993.5 million).
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Date Added:Mon 6th Oct 2008 03:16
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Segaboy... is there an old style forum where we can chat about games anymore? or has everybody stopped? segaweb isnt about now either...erm..obviously lol
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