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Nintendo Confirms Wii Successor For 2012, Posts 66% Profit Decline
Nintendo Confirms Wii Successor For 2012, Posts 66% Profit Decline
April 25, 2011 | By Mike Rose

April 25, 2011 | By Mike Rose
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Nintendo has confirmed that rumors circulating about a new console in 2012 are true, as a successor to the Wii is on the way.

In an investor note, the company said that it "has decided to launch in 2012 a system to succeed Wii, which the company has sold 86.01 million units on a consolidated shipment basis between its launch in 2006 and the end of March 2011."

"We will show a playable model of the new system and announce more specifications at the E3 Expo, which will be held June 7-9, 2011, in Los Angeles." it noted.

Media sources claimed last week that the new Nintendo console will have a graphics chip based on AMD's Raedon R700 GPU, which if true would outperform the PlayStation 3. Sources also suggested that it "is likely to resemble a modernized version of the Super Nintendo."

Nintendo also posted its financial results for the fiscal year ended March 31. The company's net sales were 1 trillion yen, down 29.3 percent compared to last year, while profits were 77.6 billion yen, down 66.1 percent.

The company noted that a tough comparison to its December 2009 record U.S. sales were a primary reason for the year-on-year decline in revenues, as well as the appreciation of the yen and the price reduction of the Nintendo DS during the fiscal year.

Looking forward to the 2012 fiscal year, Nintendo noted that "the aftermath of the Great East Japan Earthquake is unpredictable. Nintendo has not suffered any direct damage which will significantly affect our production".

It was also confirmed that the Nintendo 3DS sold 3.61 million units worldwide during the fiscal year, while the Nintendo DS sold 17.52 million in total and the Wii 15.08 million.


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Comments


Kamruz Moslemi
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Here is hoping that if the rumours about SNES design cues are true Nintendo uses the original Japanese and European design for inspiration over the hideous North American variety.

Maurício Gomes
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I liked the NA SNES... It was blocky! I like blocky stuff!

A W
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Keep your eyes on IGN. They get most info first and pass it through Gaming Corps before reporting it to keep in good with NDAs.



@Christian Keichel Well know consumer knows the design yet. Maybe some select developers have kits that do resemble 360 original size. I would assume kits are out now given the release date of the system to be 2012.

Eric Geer
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YAY! Now its just the waiting game....AGAIN!---2011--the year the Nintendo Phoenix rises from the ashes to thrive once again.

Bernard Igiri
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86.01 million, or 8.6 million? Editing please...

Kris Graft
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There was a flub there indeed. We've updated the piece. Apologies for any confusion.

Sean Kiley
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Well the era of bad graphics is over now, if the worst graphics I'm going to get are that of the 360, I'm happy.

Stephen King III
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Games *can* look good on the Wii...look at Super Mario Galaxy. The bar will be raised on what games can look like, but it's hard to say if developers will take advantage of that or not.

A W
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By the way is this graphics chip HD. I was under the impression that the letters HD had to be in the name for it to be a HD graphics processor chip?



Also IGN Wii was reporting some sources saying the controller will have a 6" wide touchscreen capable of streaming games form the system itself. If that also confirmed?

E Zachary Knight
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As of this time, the only thing confirmed is that a new console will be revealed at E3 this year and released sometime next year. No specifics will come before E3, at least that is what I expect.

A W
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Well I'm reading the thing is code named Project Cafe (hmm..?). Will be "Significantly more powerful" than anything this gen. Will be backwards compatible with Wii content. Will have a new tablet shaped controller - 6 inch touch screen display, with duel analog sticks and the ability to stream content directly from the console itself.



That info comes form IGN.

E Zachary Knight
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Yes there is a lot of speculation and "inside sources" going about the internet. But as I said, the only thing confirmed is that a new console is coming.

Maurício Gomes
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And of course, it will fly, bake cookies, and spout twinkies when you press the eject button.



And it will support NES, SNES and N64 carts, along with GC and Wii discs!







Just kidding here... But for now the speculation is purely speculation, some very speculative speculation, kinda like wishfull thinking.

Russell Carroll
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Reading Iwata's comments this morning about 3D not being good for a console b/c of TVs, he left the door open to 3D being a part of the system. I wondered if maybe the rumors of a touch-screen on a controller might turn out to be a 3D screen on the controller instead.

Arnaud Clermonté
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most of this "info" is exaggerations of mistranslations of rumors of unconfirmed "inside sources"...

William Collins
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Curious as to what this controller is capable of myself. I'm wondering if they're going to take a cue from the Kinect and incorporate a camera somewhere. I've wandered into the real of facial/voice recognition when speculating about this system. We'll see in June, though.

Steve Peterson
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I think one thing we can count with Nintendo's new console is that it will support 1080P output; HD output has been the major knock against the Wii for years, and now that HD sets have achieved 50% market penetration, it seems like it's past time for their console to support higher resolution. I'm sure Sony and Microsoft will have some counter-arguments about why their platform is better/more powerful once we see some specs on Nintendo's new console, but I'm sure Nintendo will try to be better than 360/PS3 on at least a few basic specs if not every possible speed or feed.



I don't expect Nintendo to announce a price point at E3; they will probably want to wait as long as possible before declaring that.



I'll be curious to see what Sony and Microsoft plan to do, PR-wise, to keep Nintendo from attracting the lion's share of the press attention at E3. No doubt Sony will push the NGP... but what's Microsoft got to wave in front of the press other than some upcoming software?

Kenneth Wesley
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The numbers don't confirm what analysts and journalists and hardcore gamers have been saying for months. Those numbers look like a healthy business that is still pulling in profits and selling hw/sw at steady clip.



Nintendo: you're supposed to be DOOMED! you abandoned the hardcore market, Apple took your handheld market-you're not supposed to be profiting, you're supposed to be worried!

Matt Cratty
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They sell kids games and to adults that wouldn't know a game from a ham sandwich. Who is going to take their market?

A W
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Every kid I have talked to about games never mention Zelda or Mario games, but the do go on an on about COD, Assassin Creed, Madden, and GTAIV. I guess I know some hardcore 8 year olds Matt.



To further my addition to the troll. I ask this 15 year old girl what was her favorite game and she said Call of Duty Black Ops. The she went on to say that her 22 year old brother's favorite game was about some guy in a green hat that had a sword and a shield, and rode horses, and that she liked to ride the horse but didn't know what the game was about really. She could not call that game by name.

Arnaud Clermonté
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http://www.destructoid.com/elephant/photo-m.phtml?post_key=199406
&photo_key=177559

Interesting photo IMO.

Of course, the usual internet "experts" call it "shopped!!1!" ( because "the lines of text are not parallel" and whatnot... )

but for me it's the most credible Wii2-related thing I have seen in a week.

Doug Poston
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As long as everybody is posting their wish list, I just hope Nintendo doesn't skimp on memory.



Call me a lazy developer, but I'd love to work on a console project where I didn't have to justify every KB of memory needed for a cool feature. :)

Sylvester O'Connor
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For me, the most important thing are games. The system can feature all the most advanced technology, but if I have nothing to play with that utilizes this tech, then why should I throw down another $350 just to have rehashed Zelda and Mario games in HD?



There is an article that shows Nintendo's launch details and gives a good picture of what happens when your tech is greater than games. Here's the link:



http://gamensight.blogspot.com/

A W
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Nice blog. I agree Nintendo needs to do something more with this console. Something not big, but different. The game that has kept me gaming for the longest has been Zelda. I think if one was no longer promised that may be my end for gaming. I was never a huge Mario person.


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