On Friday Nintendo faced the press and admitted to not being able to cope with the "abnormal" demand for Wii home game consoles.
"We must do our best to fix this abnormal lack of stock," Nintendo President Satoru Iwata told reporters. "We have not been able to properly foresee demand."
Iwata made it known at a the conference with Tokyo hall that all stops will be pulled out to ramp up output; "We will do our best to offer the machine for those who are waiting,"
Having sold just shy of 6 Million consoles world wide the Wii has proven to be the success of this generation of home entertainment. Along with this the hand-held Nintendo DS is selling fast with Iwata mentioning that 2.5 Million DS machines will be produced monthly by the gaming giant.
Iwata was also able to report on Nintendo first quarter financial results, which to nobodies surprise have seen profit soar by 77 percent to ¥174.29 billion on the back of a 90 percent increase in sales; ¥966.53 billion
With some major franchises such as Metroid Prime 3, and Super Mario yet to hit store shelves, the story just gets better for Nintendo. Contrast this with the recent Microsoft Entertainment and Device Division results which saw a 21 percent decrease in revenue for the same quarter.
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Nintendo have pledged to stoke the fires of industry in an effort to roll out more Wii game consoles to meet demand.
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Radioactive IT
Mike Bantick
Having failed to grow up Bantick continues to pursue his childish passions for creative writing, interactive entertainment and showing-off through adulthood. In 1994 Bantick began doing radio at Melbourne’s 102.7 3RRRFM, in 1997 transferring to become a core member of the technology show Byte Into It. In 2003 he wrote briefly for The Age newspaper’s Green Guide, providing video game reviews. In 2004 Bantick wrote the news section of PC GameZone magazine. Since 2006 Bantick has provided gaming and tech lifestyle stories for iTWire.com, including interviews and opinion in the RadioactivIT section.
