Video
game giant Nintendo
is expecting a dent in profits for the first time in six years. Sales
for the maker of the bestselling Wii and
Nintendo DS took a plunge and dropped by 23 percent.
Profits
fell nearly 10 percent, but it appears that despite the fall, the
worst may soon be over for the formidable gaming company, based in
Kyoto, Japan.
The Nintendo DS, which has been running a close
second behind the PlayStation 2, is expected to pass by the popular
console in sales by the end of the year. "The NDS is approaching
the PS2 as the best-selling hardware system of all time", says
The NPD Group's Anita Frazier.
While competitors Microsoft
reported early this year that they sold over 40 million Xbox 360s and
current figures had Sony PlayStation 3 with 33.5 million units
sold, Wii sales
are at about 71 million and the Nintendo DS are at nearly 129 million
so far.
Nintendo has plans to launch a 3DS version
that will offer 3D technology, sans 3D glasses, by year's end.