Nintendo missing out on $1.3 billion because of shortages

Did you know that every time someone can't find a Wii console to buy, God kills a kitten? Okay, maybe not, but the shortages are definitely costing Nintendo a lot of money. The total adds up to an estimated $1.3 billion, which we're sure Nintendo would like to have in its pocket.

Analyst James Lin of the MDB Capital Group believes that Nintendo could sell twice as many Wiis as it's making each month. Since 1.8 million consoles are produced on a monthly basis, that means Nintendo might be missing out on a heck of a lot of sales. Just because it's not making as much money as it could be, though, doesn't mean that the company is hurting for it. In fact, we think Nintendo will be just fine.

[Via NeoGAF]