Nintendo net profit declines for first time in six years, panic remains inadvisable

Nintendo's 2009 financial results have just been released and, shockingly enough, the company hasn't been able to break its profit record yet again. In fact, annual net profit dipped -- for the first time in six tenths of a decade -- to $2.44 billion, a 12 percent drop from the previous fiscal year's $2.79 billion. Sales of the Wii were down 21 percent year-on-year, but Nintendo still managed to shift 20 million units globally, so it's not exactly all doom and gloom at Mario HQ. And while Microsoft and Sony are working on their own motion-sensing offerings, Ninty is reloading the only way it knows how -- bringing the noir Wii to fashion-conscious Americans, and an all-new 3D portable console for the rest of us. Anyone willing to bet against Nintendo's income sheet improving next year?

[Original image courtesy of Anarkyman]

[Metayoshi Posted May 6th 2010 9:58PM]

@Aceyriot
It's definitely not too early for a new handheld. The DS is going to be 6 years old this summer! In fact, there are no new DS games on my radar at all right now, though that may change during E3. The DS is an old system, and a new DS is definitely something that would excite me.

The Wii is only becoming a 4 year old console this November. There's still Metroid: Other M and the new Zelda coming out, plus we have no idea what Nintendo has up their sleeves beyond that. We still don't know anything about the Wii's Vitality Sensor, though I don't have high hopes for that device, but you never know, it could be the next best thing for Nintendo. The Wii has a lot of life left in it, but it's all up to developers to push its potential.

[Tegument Posted May 6th 2010 2:21PM]

apple should buy nintendo..heh

[psycros Posted May 6th 2010 11:52PM]

Caption: "Prepare, mortals, for I will take your souls to-ooooh, you have a black one! OK, you guys can live."

[DeAthWaGer Posted May 7th 2010 12:18AM]

This is usually when Nintendo chimes in and finally releases a system in more colors.

*cough*Gameboy, N64, Gameboy Color, Gameboy Advance, GBA SP, GBA Micro, etc. etc. *cough*

[Johnny Rockets Posted May 7th 2010 5:03PM]

You mean targetting 10 year olds and old people isn't the way to go? It wasn't just a passing fad??

Wow, shocker!!!!!!!!!

Leave the gaming to the big boys, Nintendo.

Alan Wake > Mario.