[an error occurred while processing this directive]
BBC News
watch One-Minute World News
Last Updated: Thursday, 26 April 2007, 08:21 GMT 09:21 UK
Wii and DS boost Nintendo profits
Screenshot from Wii Sports
The gloves are off in the battle for the games console market
Massive demand for Nintendo's Wii games machine and soaring sales of its DS console have brought record profits for the Japanese firm.

Its net profits grew 77.2% to 174.3bn yen (731m; $1.4bn) in the year to 31 March, while sales surged 90%.

Nintendo had been struggling against rivals Sony and Microsoft until its new innovations revitalised its business.

It said it sold 23.56 million handheld DS consoles, and was hoping to sell a similar number this year.

The Kyoto-based firm added it aimed to sell 14 million Wii consoles in 2007/8, up from 5.84 million in the year to March.


The improvement in profits comes as little surprise given the success of its latest products.

The video game industry is now on a growth path

And its share price has almost doubled in the past year as investors were impressed by its turnaround.

The DS console, which allows users to control play with a stylus, has proved popular with women and older users.

Meanwhile the motion sensitive Wii has proved popular after introducing a new way of playing computer games.

The Wii is competing against Sony's Playstation 3 and Microsoft's Xbox 360.

"The video game industry is now on a growth path," Nintendo said.

Nintendo games are best known for characters such as Mario, Pokemon and Donkey Kong.

However, games aimed at older players, such as Brain Training for Adults, have also proved particularly popular.

Gamers try out the Wii

Games industry enters a new level
11 Apr 07 |  Business
The rise of the handheld console
27 Feb 07 |  Technology
Nintendo respond to Wii breakages
15 Dec 06 |  Technology
Nintendo's DS still a key player
26 Oct 06 |  Business
Nintendo's games boost forecast
03 Oct 06 |  Business
Nintendo Wii to make debut in US
14 Sep 06 |  Business
Nintendo profits on console craze
24 Jul 06 |  Business

The BBC is not responsible for the content of external internet sites

Has China's housing bubble burst?
How the world's oldest clove tree defied an empire
Why Royal Ballet principal Sergei Polunin quit


Americas Africa Europe Middle East South Asia Asia Pacific