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Nintendo Q3 Profit Drops 46 Percent, Company Cuts Forecast

by Ernice Gilbert on January 27th, 2011, under News, Nintendo

While the Nintendo 3DS may give life to company’s struggling model, the firm’s forced to cut its sales forecast for the Wii to 1.5 million units, down to 16 million, and for the DS 1 million units, down to 22.5 million.

Odd timing too, as all this happens in the wake of Sony’s super-powered PSP2 announcement, now called Next Generation Portable (NGP), and it’s plan to bring PlayStation content to Android phones and other devices.

Nintendo, however, is leaving its annual operating profit forecast intact at ¥210 billion, because it expect the 3DS, which will release in February in Japan, and March in the West, to boost sales for its Q4 period.

Via Reuters.

6 Comments

  1. Fri, 28th Jan 2011 at 3:31 am

    so, you still think the wiis not in trouble reggie?
    come on, you cant be that blind!
    ninty seriously need to release a new console, or a massive wave of new releases otherwise their console market is doomed!

  2. Fri, 28th Jan 2011 at 4:27 am

    Wii2 at E3. I called it.

  3. Fri, 28th Jan 2011 at 9:54 am

    i doubt this year, probably next year.
    they definitely need it though!

  4. Fri, 28th Jan 2011 at 1:07 pm

    Yes they do.. Next year’s kinda late.

  5. Sat, 29th Jan 2011 at 9:31 am

    i dunno, i think they can milk the wii a little more.
    just release a new mario galaxy, mario kart, new DK game, new zelda game and that should tide them over till next year.
    i doubt sony or M$ will be announcing a new system next year, so that would give ninty at least a year head start.

  6. Sat, 29th Jan 2011 at 11:28 am

    Makes sense. A lot of sense actually.

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