Printed from http://www.electronista.com

Nintendo says no urgency for new Wii, dismisses Sony

updated 08:45 pm EDT, Wed June 16, 2010

Nintendo says Wii sales not a concern

At an analyst briefing at E3 on Wednesday, Nintendo president Satoru Iwata said the Wii's sales are not concerning and he doesn't feel the need to replace the console anytime soon. The Wii's sales growth, despite slowing, is still ahead of competitors from Sony and Microsoft, he claimed.

"It is easy to talk about growth when you are working off of a very low base," Iwata said through an interpreter when prompted with a question regarding a jump in sales of Sony's PS3. On an absolute level, the president said, Nintendo is still "dramatically better" than its competitors and the level of sales is in Nintendo's favor, he continued.

At the same time, Iwata said the company would consider a share buyback, but only if a need arises.



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Tylt Energi 2K Travel Charger

Backup batteries and device chargers are objects that many users take for granted. They often only one dimensional, restoring the batt ...

ActvContent Sync Smartband

Smartbands of all sorts are hitting the market. Some build on the buzz around fitness trackers, while others offer simpler features fo ...

RocketStor 6324L Thunderbolt 2 eSATA bridge

Like it or not, the shift to Thunderbolt is underway. The connection is extremely flexible, allowing for video and data to co-habitate ...

Sponsor

toggle

Most Commented

 
toggle

Popular News