Feeds

Nintendo to pitch Wii at under $250

Low Wii fee to drive demand

Internet Security Threat Report 2014

Nintendo has revealed its next-generation console, the Wii, will retail in the US for $250 or less, and no more than ¥25,000 ($220/£119/€174) in Japan. It also expects to have shipped more than 6m of the machines by March 2007, the company said today.

That's as many machines as the total number of PlayStation 3 consoles Sony is expecting to ship in the same period. Sony's box is more than twice the price of the Wii. Both Sony and Microsoft have suggested consumers will buy a Wii alongside each company's more advanced console because the Nintendo machine is relatively so cheap.

Nintendo made the announcement in Osaka this morning after reporting a 12.5 per cent rise in full-year net profits to ¥98.38bn ($876.7m) but a 19 per cent drop in operating profits. The gain arose from the relative strengths of the Yen and the Dollar during the 12-month period, which ended 31 March 2006. Annual sales were down 1.2 per cent to ¥509.25bn ($4.54bn).

For the current fiscal year, due to end on 31 March 2007, Nintendo said it expects to announce an operating profit of ¥110bn ($980.19m). The boost will come largely from sales of the Wii and ongoing demand for the DS, particularly now the redesigned DS Lite will soon ship in Europe and the US. ®

Remote control for virtualized desktops

More from The Register

next story
Official: European members prefer to fondle Apple iPads
Only 7 of 50 parliamentarians plump for Samsung Galaxy S
Fujitsu CTO: We'll be 3D-printing tech execs in 15 years
Fleshy techie disses network neutrality, helmet-less motorcyclists
Space Commanders rebel as Elite:Dangerous kills offline mode
Frontier cops an epic kicking in its own forums ahead of December revival
Intel's LAME DUCK mobile chips gobbled by CASH COW
Chipzilla won't have money-losing mobe unit to kick about anymore
prev story

Whitepapers

Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
10 threats to successful enterprise endpoint backup
10 threats to a successful backup including issues with BYOD, slow backups and ineffective security.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
The Heartbleed Bug: how to protect your business with Symantec
What happens when the next Heartbleed (or worse) comes along, and what can you do to weather another chapter in an all-too-familiar string of debilitating attacks?