Nintendo Co., Ltd., today reported final consolidated fiscal year revenues of 966.5 billion yen and operating profits of 226.0 billion yen for the year ending March 31, 2007, an increase of 90 percent and 150 percent, respectively, over the same period one year ago. Both numbers are record highs for the company.
An increase of 90 percent and 150 percent! But how?
The results are due largely to full-year sales of more than 23 million portable Nintendo DS systems globally, along with 123 million Nintendo DS games.
They go on to say that Wii has sold nearly 6 million units during that time and that they expect to sell 14 million of them by the end of March 2008. They don’t, however, clarify if that 14 million units is total amount they think they can produce or not. I think if they will continue to sell as many as they can make, at least through December 2007.
Did lack of Wii availability translate into the continued runaway success of the DS?