Nintendo says 14 million Wii sold by March '08

It's no secret that the Nintendo DS and Wii have been printing money for the company, while Microsoft's Xbox profits and PS3's traction haven't kept pace. Sales continue to rise at Nintendo along with the stock price. Today Nintendo President Satoru Iwata said they're developing 45 games for the Wii and 79 new DS titles. Now, before anybody gets excited, the key word there is "developing," not "producing." The next batch of games according to Iwata will be introduced this "summer." There is no word yet when Nintendo will release their Q3 games list or what's on it.

Iwata, in probably the boldest statement, said that Nintendo plans to sell 14 million Wii during this fiscal year, that's three times the number sold in the last five months. Guess they really are planning to ramp up production. The Wii hardware drought better end soon if Nintendo expects to make their ambitious mark.

This article was originally published on Joystiq.