The Wii system has finally topped Xbox 360's lead in the total number of consoles sold world wide. To date, Xbox 360 has sold 10.51 Million consoles world wide. In August, the Wii was able to squeeze past it with 10.57 Million consoles sold. The PS3 is still way behind with only 4.32 Million consoles sold world wide.
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Nintendo's own Wii FAQ may inadvertently suggest that the system IS capable of playing CDs and DVDs. Interestingly, Nintendo clarifies that Wiis produced "in the end of 2006" do not have this ability. Will a future system update unlock this feature?
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Neo Geo and MSX games coming to Virtual Console
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Wii Online Dev Kits Released to Developers
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Rumor: new Wii colors in 2007
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Nikkei, Nintendo has begun the process of reducing the number of Wiis being manufactured. The report says that two Japanese companies - Mitsumi and Hosiden - are facing massive losses in revenue this year due to the "declining fortunes" of the Wii and a "drop-off in orders from Nintendo to assemble game systems". Both companies are now staring at a drop in net profits of more than 50%.
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The rumors were true, and Nintendo's knight in shining armor is finally about to see its first-ever price drop. Beginning on September 27th at Best Buy (and everywhere else, naturally), the happy-go-lucky machine will be offered for just $199.99. Interestingly, it appears that suits at BB expect Nintendo to make an official announcement on the drop this Friday, yet retail stores won't begin selling at the discounted rate until Sunday.
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Nintendo president Satoru Iwata has admitted that "the Wii is in the most unhealthy condition since it hit the Japanese market," but has ruled out a price cut for now.
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Nintendo conceded that sales of some recent titles, such as Wii Music, had not taken off but said that: “We hope to line up strong software to support hardware sales in the second half of the year.” That sales of Wii hardware now depend on game launches suggests that the novelty of its controller, which measures motions by the player rather than button presses, has worn off, at least in Japan
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“…third-party publishers are aligning more towards the Wii console this year given the large (and rising) installed base and lower development costs for the Wii console. …we expect third parties to take share from Nintendo.” - Sterne Agee analyst Arvind Bhatia
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