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  (Source: gawker.com)
New Wii successor to be displayed at the E3 Expo this June

Nintendo announced today that it will be releasing a successor to the Wii system, and it will be on display at the E3 Expo in June.

The Nintendo Wii is a home video console that features a wireless controller called the Wii Remote, which can detect movement in three dimensions. This form of gaming revolutionized how consumers interacted with video games by allowing users to move along with characters on the screen. The Wii launched in November 2006, and broke the record for best-selling console in a single month in December 2009. 

But that isn't the case anymore. Nintendo has had to compete with other consoles like the PlayStation 3 and Xbox 360 from the start, but since the Wii's release, Sony and Microsoft have released motion-detecting accessories of their own. In September 2010, Sony launched the PlayStation Move for PS3, and in November 2010, Microsoft launched the Kinect for Xbox 360. Both feature motion-sensing game controllers and webcams much like the Wii. 

In addition to increased competition, the strength of the yen has affected Nintendo's profits as well. According to reports, Nintendo has "large cash deposits and other assets in foreign countries," and when these deposits and assets are converted to yen for net figures, Nintendo loses a lot of money because the yen is so strong while other foreign currency remains weak.  

In October 2010, Nintendo reported a $24.7 million net loss. Now, the video game giant is reporting a quarterly profit of 12 billion yen, or $146 million USD, which is not so great since Nintendo reported a profit of 59.9 billion yen last year. 

According to the consolidated results for the fiscal year ending March 31, 2010 and March 31, 2011, net income is down 66 percent for the quarter. The operating profit fell 52 percent from 356.8 billion yen to 171.1 billion yen.

But Nintendo is staying optimistic thanks to the recent launch of the Nintendo 3DS. In fact, the company expects to see an annual profit climb of 42 percent on the new gaming device. In its first week, Nintendo sold 400,000 3DS systems. 

"We are very satisfied with this start and we look forward to the momentum that we will build on Nintendo 3DS with the launch of the E-shop, the launch of the 3D trailers for Hollywood movies and the launch of 'The Legend of Zelda: Ocarina in Time' in mid June as well as the launch of Netflix later on in the summer," said Reggie Fils-Aime, Nintendo of America president. 

Now, Nintendo has even more to look forward to with a Wii successor due to launch in 2012. 

"As for the details of exactly what it will be, we have decided that it is best to let people experience it for themselves at E3," said Satoru Iwata, Nintendo CEO. "So I won't talk about specific details today, but it will offer a new way of playing games within the home."

The Wii's successor will be available on display at the E3 Expo in Los Angeles, California from June 7-9. 



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They won.
By Motoman on 4/25/2011 10:58:12 AM , Rating: 5
Nintendo so totally blew the doors off Microsoft and Sony in this round it's not even funny...what is funny is the rabid "real gamerz" that still foam about how "stupid" the Wii is - despite, or probably because of, how wildly it outsold the 360 and PS3.

I honestly think Nintendo probably did the best approximation of market saturation we've ever seen...that's why sales have tailed off.

There will still be more of a focus on the largest segment of video gaming - casual gaming - I am sure...since you'd have to be retarded to not realize that's where the money is. And that means the "real gamerz" will still have plenty to foam about.

Which is fine...they can foam all they want. Nintendo will be laughing all the way to the bank.

UNLESS...the biggest problem I can see, and only time will tell, is that their preferred market segment will simply see no reason to upgrade. The Wii is so good at what it does, it may be really hard to convince anyone to upgrade. That's going to be the trick. I don't think it matters in the slightest what MS or Sony does...Nintendo's only competition is itself.




RE: They won.
By Reclaimer77 on 4/25/11, Rating: -1
RE: They won.
By MrTeal on 4/25/2011 11:40:29 AM , Rating: 3
quote:
You say the money is in casual gaming, but the math doesn't support your opinion. The SALES might be in casual gaming, but MS and Sony still have all the money.


The money is in software sales, which help offset the hardware losses. Since Nintendo doesn't lose money on their consoles, it's not as much of an issue for them.

Even with that though, here's the total worldwide software sales (millions) for the current generation of home consoles, from VG Chart. This doesn't include portables, since those are more dual screen 3D ATMs for Nintendo than consoles.

Nintendo Wii 672, Microsoft Xbox 360 491, Sony PlayStation 3 385

Nintendo's sales are down, but they've still made money hand over fist this generation. They had revenue of USD15.8B in 2010, which is smaller than the USD62B brought in by MS and the USD88B by Sony. I don't see how a company with USD2.5B in net income and 20B in assests is in dire financial shape.


RE: They won.
By MrBlastman on 4/25/2011 12:10:17 PM , Rating: 3
Nintendo makes good software, too. They have a long line of platform-specific titles that continually are full of quality and entertainment where you're practically guaranteed to get your dollars worth (Zelda, Metroid, Mario, etc.).

I tip my hat at them for pushing so many units out their doors with "inferior hardware" to their competition.

I do feel though, they have failed in the 3rd-party software arena and I sadly think Nintendo still suffers from the unsightly glut of "licensed" property based on movies, shows, cartoons and whatever and these numbingly boring titles still litter the Nintendo catalog.

I also worry about the 3DS. Has anyone here used one yet? I stopped by a local Target last week and gave one on display a whirl and played some Pilotwings for about ten minutes at most. When I walked away, my eyes hurt for about an hour--they hurt bad, actually. I can see why there are warnings on it now for kids under the age of six, but still, if you aren't careful it can cause tremendous eye strain. I think the technology is exciting due to the similarities to lenticular lenses (though slightly different), but I in no way expected it to be painful to play on.


RE: They won.
By omnicronx on 4/25/2011 12:28:46 PM , Rating: 2
I think it would be foolish to argue that Nintendo is in 'dire financial shape', but dropping from a multi billion dollar quarter to barely staying in the black is not exactly amazing news either.

I would also like to point out that the software sales are much closer than it would seem. Nintendo's numbers are padded quite a bit with Wii sports sales that come with the console. While both other consoles also do come packaged with games in certain situations, its not nearly as prevelent as the Wii. I.E a good 70 million of those software sales really should not be counted. (at least 86 million wii sports games are being counted here)

As a result, over their lifetime both the 360 and PS3 could potentially approach if not surpass the Wii in sales.

Not having any great third party titles was the only real negative for Nintendo this time around, they could have easily wiped the floor a few times over had they truly had the support of third party devs...


RE: They won.
By Reclaimer77 on 4/25/2011 12:51:41 PM , Rating: 1
quote:
I think it would be foolish to argue that Nintendo is in 'dire financial shape', but dropping from a multi billion dollar quarter to barely staying in the black is not exactly amazing news either.


I did not mean that to say they are going to close the doors soon. Simply put, they don't have the capital to get into a next gen console shootout with the big boys, and yes, their profit stream just got cut in half. Which doesn't help.

I don't think people understand just how small Nintendo really is, fiscally.


RE: They won.
By augiem on 4/27/2011 10:13:54 PM , Rating: 2
They were whole a lot smaller back in 2006 when they decided to again compete with "the big boys". They stood no chance in hell back then, but they did it. Nintendo is a very focused company. They're not the megaconglomerates that are Sony and Microsoft. But they've stood the test of time and competed with many a giant in their days. No, they're not always on top, but they're still around and that says a lot.


RE: They won.
By Chaser on 4/25/2011 11:18:25 AM , Rating: 1
Timex watch sales numbers "blow" the doors off Rolex's sales numbers also.

And where are most of those Wii's now? Collecting dust in a closet as once too many family reunions went by. Most "unreal" gamers I know grew tired of them and placed them in their new home, the hallway closet.

Funny how both MS and PS3 new development and advertising continues strongly.

Point is we are fortunate to have three consoles, thus three significant choices for consumers. And um for those "real gamers" the PS3 in particular has evolved into a home media hub that none the others can fully compete against. Sony, despite the multitude of naysayers over the years, continues to aggressively provide new capabilities for the PS3 which the wonderful Wii could not even begin to come close to.

And just for the record I see a lot of Mustangs on my daily morning commutes. While I grin in my convertible M3.

Choices. Gotta love it :)


RE: They won.
By Motoman on 4/25/11, Rating: 0
RE: They won.
By euler007 on 4/25/2011 11:38:42 AM , Rating: 2
The only thing worth watching right now is you totally losing the argument...


RE: They won.
By FDisk City on 4/25/2011 1:17:39 PM , Rating: 5
quote:
While I grin in my convertible M3.


So... you're a girl?


RE: They won.
By RussianSensation on 4/25/2011 6:04:12 PM , Rating: 2
If driving a convertible M3 with 420 hp makes a car enthusiast a "girl", you must be rocking a Corvetter ZR1 or a Porsche 911 GT3 at the very least, am I right?


RE: They won.
By omnicronx on 4/25/2011 11:49:18 AM , Rating: 3
I disagree with most of your statements.

The mere fact that they have chosen to release a new console already shows me that the Wii is on the decline.

It has surely been a surprise and was without a doubt the market leader up until a year or so ago, but the fact remains sales have dropped and all other consoles now have similar functionality that made the wii so great.

I also vastly doubt that the masses are going to upgrade to a new console with better graphics considering that was not the main draw in the first place. The motion controls were clearly the draw, and it showed us that gameplay over graphics matters.

I also no longer feel the Wii will be the clear winner. For all intents and purposes this is a new console (which will be competing against new consoles when they come out because of the early release cycle), both the Xbox and PS3 will remain on the market for the next few years and have always had a higher attach rate for games.

I.E the entire lifespan of the console is what matters, not the merely the start or finish. My gut feeling is all consoles will be very close when all the dust settles.

FYI... I'm one of many proud Wii owners whose console is currently collecting dust..


RE: They won.
By LRonaldHubbs on 4/25/2011 7:18:07 PM , Rating: 2
quote:
The mere fact that they have chosen to release a new console already shows me that the Wii is on the decline.

Keep in mind that a release next year means that it's been in development for a least a couple years already. That means they started working on it when the Wii sales numbers were still very solid.

Although this article didn't mention any specs, here is one that does:
http://www.pcmag.com/article2/0,2817,2384014,00.as...


RE: They won.
By Noliving on 4/25/2011 9:43:17 PM , Rating: 2
Actually the Wii has had a slightly higher game attachment rate than the ps3 if I'm not mistaken. It has always been the xbox 360 that has the attachment rate crown.


RE: They won.
By SPOOFE on 4/26/2011 1:05:46 AM , Rating: 2
quote:
the entire lifespan of the console is what matters

I disagree entirely. If a console is on the market for three years before being replaced, but has fun games that sell like hotcakes and makes a lot of money, it's successful.

Microsoft and Sony need their products to have legs to make back as much money as possible; this is a downside of their subsidized gaming approach. It is neither "superior" or "inferior", it is just a result of different business models. Nintendo chose a different route and it obviously paid off. That different route also inherently involves a shorter lifespan of their console... mitigated entirely by the fact that they didn't sell at a loss early in their release.


RE: They won.
By TheRealArdrid on 4/25/2011 11:50:38 AM , Rating: 1
And how many people are still playing their Wiis as opposed to allowing them to collect dust in a closet? If my wife is the typical Wii consumer, I'd say the vast majority of Wiis aren't being used.


RE: They won.
By LancerVI on 4/25/2011 12:10:37 PM , Rating: 3
First, I love that gamers have three consoles to choose from or to have all of them. I too am a PC gamer, though I have all the consoles. Having said that, I love the Wii's first party titles. Beyond that, the Wii has nothing and that's the problem.

There has been no significant third party developer support for the Wii. That's why it's collecting dust. Now yes, the Wii sold like gangbusters, but what good is that if it's sitting on a shelf collecting dust because there's nothing to play on it?

Won the war? If that's a win, that's what you call a Phyrric Victory. Because I am an early adopter and I won't be buying the next Nintendo console until I see significant 3rd party developer support.


RE: They won.
By Precan51 on 4/25/2011 12:23:05 PM , Rating: 2
I agree. All the consoles are in a league of their own. Certain games are only made for certain systems. But that's why I never bought the Wii. I'm an avid gamer and love options. Nintendo failed in that category for me.

I had all systems ever,with the exception of Sega Saturn and XBox360, and honestly think PS3 has a huuuge advantage over everyone. Yes there are always new upgrades and downloadable content, but it's way cheaper than buying another game when you can simply add more to THAT game!

And with all the 1st and 3rd party games to choose from why get any other system!


RE: They won.
By SPOOFE on 4/26/2011 1:10:52 AM , Rating: 2
quote:
And how many people are still playing their Wiis as opposed to allowing them to collect dust in a closet?

The attach rate for the Wii suggest almost none of them. I'm sorry your wife is an aberration.


RE: They won.
By robinthakur on 5/4/2011 12:34:52 PM , Rating: 2
HAHAHAHAHAHAHAHAHA


RE: They won.
By Hiawa23 on 4/27/2011 10:29:01 AM , Rating: 2
And how many people are still playing their Wiis as opposed to allowing them to collect dust in a closet?

Great point, cause if it wasn't for my daughter, there really would be nothing on the Wii, that interested me other than Punchout. The console just never appealed to me especially when the Nintendo games that I usually like alot of them forced the motion controls on you, plus no universal online, & the Gamecube like graphical performance. The 360 & PS3 just appealed more to me & had the games, online structure, visual performance I wanted.

There is no doubt, Nintendo has been successful with the Wii, but I measure consoles based only on the fact that they have games I like or services, & the Wii has very little that interested me, so I am hoping the Wii2 is equal to or excceds the 360 & PS3 interms of performance, cause if it does & get some online similair to Xbox Live, I am sold.


RE: They won.
By KFZ on 4/25/2011 12:47:33 PM , Rating: 2
Nintendo did step up and innovate, but I think it's a bit moot to declare a "winner".

The fact is that Wii game sales are dominated by two things: party games and Mario. There are free web games that are more fun than table tennis and bowling, Nintendo just created a way to bring it to console in an oh-so-fun and cute way. Mario is nothing new, either.

In sum, technologically innovative, but not everyone wants to go back to Intellivision and play the same plumber that's literally been around longer than many of its fans. More power to those that do, but it's pretty hard to take a comment seriously that bestows Sheen logic onto success at that level.

Take the high ground on numbers, which can't be argued against, but good grief you reek of kool-aid. If there was a world of competition fighting over this "saturation" (which translates to the pop music crowd) I'd want to shoot myself. I'll take my Grand Theft Auto, Metal Gear, Fallout and ever other awesomely epic game and not give a single dingleberry who sold more of what.


RE: They won.
By Motoman on 4/25/2011 1:26:46 PM , Rating: 2
quote:
but not everyone wants to go back to Intellivision and play the same plumber that's literally been around longer than many of its fans


quote:
I'll take my Grand Theft Auto, Metal Gear, Fallout


...you realize you just invalidated your first point with the second point, yes?

quote:
ever other awesomely epic game


...by whose reckoning? Your's? Considering that there are more people who would play Wii Bowling than Halo 3, I'd guess the bowling is more "epic" to most people.

I personally, having grown up playing video games nonstop for the last 30 years or so, am so sick and tired of the never-ending flood of FPS games - all of which are exactly the same - haven't got the slightest interest in *any* of the titles that are on the 360/PS3 that aren't also on the Wii. Like Guitar Hero and/or Rock Band.

Apparently, being a "real gamer" means that you play the exact same game forever without any material change...except nicer graphics. Hooray. Glad I'm no longer a "real gamer" then. Our XBox had an inch of dust on it before we bought the Wii because of that.


RE: They won.
By Akrovah on 4/25/2011 2:11:45 PM , Rating: 2
quote:
sick and tired of the never-ending flood of FPS games


Word.


RE: They won.
By chick0n on 4/25/2011 5:41:02 PM , Rating: 2
what's so "different" in Wii games other than point at the screen and follow retarded instructions ?

and you seriously think FPS is the only type of game out there ? RPG, Action, Puzzle. None of them requires a "retarded" controller pointing at the screen at all times.

if you are so sick and tired of doing the same thing. I suggest you can just go ahead and end your life at this moment. As a human we all repeat the same kind of task pretty much everyday.


RE: They won.
By SPOOFE on 4/26/2011 1:26:16 AM , Rating: 2
quote:
and you seriously think FPS is the only type of game out there ?

They are the single most prevalent genre of game in terms of individual titles, yes.

quote:
if you are so sick and tired of doing the same thing. I suggest you can just go ahead and end your life at this moment.

Sometimes what a person says about another reveals more about the speaker than the subject. For instance, here you just revealed how your life pathetically revolves around your games and that if you didn't have them you'd commit suicide. I hear your cry for help... and don't care. :)

quote:
As a human we all repeat the same kind of task pretty much everyday.

But not with entertainment. As humans, our brains get bored with repetition. That's why most of what humans do is called "mundane", and it's also why they tend to seek new and interesting things in their leisure time. First-semester psych student fail.


RE: They won.
By Boze on 4/26/2011 9:38:00 PM , Rating: 2
quote:
Considering that there are more people who would play Wii Bowling than Halo 3, I'd guess the bowling is more "epic" to most people


That's why the hoi polloi are the hoi polloi.

Your comment is like saying The DaVinci Code is more epic than The Count of Monte Cristo, or Don Quixote.

Mass consumption is in no way an indicator of quality.

If people are still reading The DaVinci Code a couple of centuries after it was written, I'll be impressed, but I don't think any literary critic is gonna go so far as to call it an "epic", just like no video game critic will ever use the word "epic" in regard to the scope of Wii Sports, although you'll see that used with games like Halo, Mass Effect, Final Fantasy series, etc.


RE: They won.
By The Raven on 4/25/2011 1:24:26 PM , Rating: 2
Much of this sounds just like Apple, no?

Oh course I deplore Apple customers even more than MS-ians, but many people here agree with me that most of Apple's success is marketing based and not tech based.

Also remember Wii remotes flying into flat panel TVs and peopel getting cracked in the head with hard plastic...?
"You're holding it wrong"... rubber sleeve... ;-)

So the iPhone is the Wii of the mobile world? lol


RE: They won.
By nuarbnellaffej on 4/25/2011 4:40:13 PM , Rating: 3
quote:
Nintendo so totally blew the doors off Microsoft and Sony in this round it's not even funny...what is funny is the rabid "real gamerz" that still foam about how "stupid" the Wii is - despite, or probably because of, how wildly it outsold the 360 and PS3.


Okay genius, why hasn't that translated into a good selection of games?, i.e. more than the handful of first party games Nintendo puts out. Sure everyone and there brother own a Nintendo Wii, but how much time do you think people actually spend playing it, I mean in the looooooong stretches between big Nintendo releases?

I personally have a Wii, an Xbox 360, and a gaming PC. The 360 is only there to play good games that are exclusive to the system and not available on PC(such as sports titles), and the Wii is only there because I didn't know the vast majority of cross platform games would suck big time compared to the other versions.


RE: They won.
By Motoman on 4/25/2011 4:45:25 PM , Rating: 2
While I haven't counted, all I can say is that the Wii game section at the store appears to be roughly as big as the selection of games for the 360/PS3.

And on the other hand...apparently it wouldn't matter, because you don't think they're "good" games anyway. The Wii doesn't exist to play Halo or COD. So those aren't the kinds of games that are going to show up for it. If the never-any-different-from-the-last FPS game cycle is your thing, then the Wii is never going to have any "good" games as far as you're concerned.

...on the other hand, the runaway success of the Wii has clearly demonstrated that the largest segment in the market doesn't give a rat's ass about FPS games.


RE: They won.
By nuarbnellaffej on 4/25/2011 5:13:49 PM , Rating: 2
quote:
...on the other hand, the runaway success of the Wii has clearly demonstrated that the largest segment in the market doesn't give a rat's ass about FPS games.

Don't get me wrong I like FPS games, but I really enjoy grand strategy games the most, followed by role playing games, such as the Elder Scrolls series, I'm dying to play Skyrim!
quote:
While I haven't counted, all I can say is that the Wii game section at the store appears to be roughly as big as the selection of games for the 360/PS3.

Not even my friend Jake who is a hardcore Nintendo fan would dare suggest that the 'filler' titles that flesh out Wii sales racks are on average as good as their counterparts on other systems, the reason for this is that unless the game is designed from the ground up to use the motion controller, then chances are the games not going to be very good.

I've been gaming on PC for about eight years now, and have been playing consoles since ~1995, I've got to say it's been really, really painful to see the decline(consolization) of PC gaming. :'(


RE: They won.
By Motoman on 4/25/2011 5:45:42 PM , Rating: 2
Again, whether they're "good" or not is purely a matter of opinion. They are a much different genre of games than what is out there for the 360/PS3, but different isn't necessarily better or worse.

Also, there are lots of games that really can't be done well on consoles or other devices - particularly strategy games, whether turn-based or real time. Or, MMORPGs. Can you even think of trying to play Red Alert 3 or WoW on a console? Not a chance in hell.

...which is why, really, "hardcore" gaming is PC based as far as I'm concerned. Gamerz can sit on their mom's couch and play Halo all night long wearing their thumbs out...I got tired of playing Duke Nukem 3D and there's not really any difference between that and COD2 as far as I'm concerned. RPGs can be played on anything - including the Wii. Same for puzzle games, party games, etc. Really, the only thing the Wii doesn't do is FPS - that's the market that the 360/PS3 sell to. And since that's the smaller market, Nintendo doesn't want it.


RE: They won.
By Hiawa23 on 4/25/2011 9:47:11 PM , Rating: 2
You say Nintendo blew the doors off MS & Sony. Well, I am glad I don't buy consoles based on sales. I own all three, only bought the Wii for my daughter. Can't think of one Wii game I like, well, Punchout, that's it, so I guess it depends on how you look at it. I love the 360, 90 games in counting, & 20PS3 games.

Nintendo may bring me back to the fold if the Wii2 is anything close to the speculation. Honestly, saying that it will be considerably more powerful than the Xbox 360(6 years old this year), & PS3(5years old this year), aint saying much, & I don't know about you but I certainly would hope that the console would be more powerful than what we have had the last 6 years, but will probably be considerably less powerful than the next Sony & MS consoles. I really did not like anything about the Wii other than virtual console, so if they do away with the waggle control or atleast not force it on us who don't want it, I am down, & should be great to get the great Nintendo games in HD & not look more like Gamecube games like we saw this gen with the Wii.


RE: They won.
By SPOOFE on 4/26/2011 1:33:05 AM , Rating: 2
quote:
Well, I am glad I don't buy consoles based on sales.

A console's success is independent of your buying patterns. :)

quote:
saying that it will be considerably more powerful than the Xbox 360(6 years old this year), & PS3(5years old this year), aint saying much

Sure it is; it's saying that Microsoft and Sony will have added pressure to update their hardware. Unless Nintendo changes business models, their ability to put out hardware that surpasses 360/PS3 would be predicated on their ability to manufacture it cheaply enough to be profitable from day 1. That suggests that if another of the big players were to try to release a similar console using their subsidized-gaming model, they'd be able to put out hardware that's even more powerful still.


RE: They won.
By SPOOFE on 4/26/2011 1:34:08 AM , Rating: 2
I shouldn't have said "similar console" at the end there; I should have written "release a console in a similar time frame".


RE: They won.
By Hiawa23 on 4/26/2011 10:24:09 PM , Rating: 2
A console's success is independent of your buying patterns

Well, this is what I rank consoles on. The console that I buy the most games for or plays the most, or plays at all, & as of today, there was only one game I liked on the Wii.

You say MS & SOny will have added pressure. I doubt it, as MS has already started working on the replacement for the 360 & Sony surely has something in the pipeline. The way I see it, there is no reason for Sony or MS to rush out new consoles, regardless of what Nintendo does.


"So if you want to save the planet, feel free to drive your Hummer. Just avoid the drive thru line at McDonalds." -- Michael Asher

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