2009, Nintendo reported that sales
of the Wii were down 43% compared to 2008. The reduced sales of
the Wii forced Nintendo to cut its sales forecasts for the year.
Sales of the DS portable console were also down 15% over the same
period. Nintendo has now announced its Q3 financials and profits are
The gaming company is also sticking to its forecast
for the first
annual profit decline in four years. Nintendo still maintains
that the operating profit forecast for the year through March will be
370 billion yen. That number will be much less than the 555.26
billion yen profit that it posted a year earlier.
quarter spanning October to December, Nintendo moved 11.3 million Wii
consoles, up 8% from the same quarter of the previous year. The DS
sold 11.7 million units compared to an almost identical 11.9 million
the previous year. Nintendo shares have declined 17% over the last