Nintendo goes for the Wii-n!

On ties with the Wii’s growing success all over the world, especially in homeland Japan, Nintendo CEO Satoru Iwata and other Nintendo execs continue to celebrate the huge success that even the DS and DS Lite are reaping.

Standard & Poor’s equity analyst Clyde Montevirgen says, “Nintendo Wii won the launch phase.” And this statement was due to the fact that Wii outsold the PS3 and Xbox 360 by almost double, all on their own launch weeks.

While Nintendo is leading the Japanese front, the Sony.”>PS2 still holds the all-time sales record of over 100 million units sold. To date, the Wii is aiming to beat the Xbox 360’s 10.4 million units sold worldwide (at the end of 2006), which is at the top of the total sales charts for the next-gen consoles.

Still, some game analysts believe that the Wii’s amazing mass market potential could make it a breakthrough product for the industry. Nintendo hopes to sell six million units by the end of March, double of what it has done presently. Sony has similar numbers eyed and hopes to reach it through the March 23 launch date for Europe and Australia, only delayed by parts shortage.

Nintendo decided that going for blisteringly fast chips, graphics, and bleeding edge storage technology wasn’t practical for them and went for power-saving hardware and standard disk storage technologies to cut on costs. The result? A low cost console that did what it knew best: run a game and play it with a twist, all for the fun of the game. While the PS3 and 360 compete for the tech edge, the Wii takes a different turn for fun.

The Wii was designed to target a wider array of gamers, and not just the hardcore gaming fans. That said, it looks as if they did pretty well on both parts. Old or young, the Wii has made gaming accessible to everyone.

Via BusinessWeek

On ties with the Wii’s growing success all over the world, especially in homeland Japan, Nintendo CEO Satoru Iwata and other Nintendo execs continue to celebrate the huge success that even the DS and DS Lite are reaping.

Standard & Poor’s equity analyst Clyde Montevirgen says, “Nintendo Wii won the launch phase.” And this statement was due to the fact that Wii outsold the PS3 and Xbox 360 by almost double, all on their own launch weeks.

While Nintendo is leading the Japanese front, the Sony.”>PS2 still holds the all-time sales record of over 100 million units sold. To date, the Wii is aiming to beat the Xbox 360’s 10.4 million units sold worldwide (at the end of 2006), which is at the top of the total sales charts for the next-gen consoles.

Still, some game analysts believe that the Wii’s amazing mass market potential could make it a breakthrough product for the industry. Nintendo hopes to sell six million units by the end of March, double of what it has done presently. Sony has similar numbers eyed and hopes to reach it through the March 23 launch date for Europe and Australia, only delayed by parts shortage.

Nintendo decided that going for blisteringly fast chips, graphics, and bleeding edge storage technology wasn’t practical for them and went for power-saving hardware and standard disk storage technologies to cut on costs. The result? A low cost console that did what it knew best: run a game and play it with a twist, all for the fun of the game. While the PS3 and 360 compete for the tech edge, the Wii takes a different turn for fun.

The Wii was designed to target a wider array of gamers, and not just the hardcore gaming fans. That said, it looks as if they did pretty well on both parts. Old or young, the Wii has made gaming accessible to everyone.

Via BusinessWeek