Nintendo Wii 2 confirmed amid Wii sales slump

On Monday, Nintendo released a statement confirming that it will reveal the successor to the original Wii during the E3 Expo tradeshow in Los Angeles — which takes place June 7-9, 2011. The new console, currently codenamed “Project Cafe,” may feature a new “Screen Stream” controller option that will provide each individual gamer with their own touchscreen display, although Nintendo did not disclose any of the console’s new features in its statement. The Japanese gaming firm also announced its earnings for the fiscal year ending March, 2011. Net sales of ¥1,014 billion ($12.35 billion) were down 29.3% year-over-year and Nintendo’s net income fell 66.1% to ¥77.62 million ($946,110). Hardware and software sales for the United States, Nintendo’s largest market, also fell year-over-year. Nintendo sold 15.08 million Nintendo Wii units, 3.61 million of its new Nintendo 3DS devices, and 17.52 million of its Nintendo DS portable gaming consoles in the States. By contrast, the firm sold 20.5 million Wii units in the U.S. last year. Globally, the firm sold 171.26 million Wii units, 120.98 million DS devices, and 9.43 million Nintendo 3DS units. Hit the jump for Nintendo’s earnings release, as well as its official statement on E3.

April 25, 2011

To whom it may concern:

Re: Wii’s Successor System

Nintendo Co., Ltd. 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.

Sales of this new system have not been included in the financial forecasts announced today for the fiscal term ending March 2012.

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