Nintendo Wii 2

New Nintendo console reportedly dubbed Stream

"In addition, the new console should be able to outpace the Xbox 360 and PlayStation 3. Its tri-core IBM PowerPC processor should end up with a higher clock than the one used in the 360, so we can only guess that it will run at 3.2GHz or 3.4GHz. Coupled with AMD R700 graphics, probably in the HD 4770 class, the new console should pack quite a punch, especially in light of Sony’s and Microsoft’s apparent decision to postpone their consoles until 2014. At this point the really big question is when Nintendo actually plans to introduce the new console.

Wii 2 delay is hurting Nintendo

In the wake of today’s financial report that reveals falling Wii hardware and software sales, analyst Michael Pachter has told MCV that Nintendo is leaving it far too late to reveal its successor to its popular home console.

In the last financial year Wii software unit sales fell to 192m, down from 205m the year before. That’s despite the sale of an additional 2.5m Wii consoles – a fact that should naturally lead to growing software sales.

Total Wii sales stand at 71m. Nintendo’s own forecasts predict that number reaching 88m by the end of fiscal 2011 with software sales of 165m units. As Pachter points out, this represents a ratio of around two games to every console. Two years ago this ratio was four games sold for every console.

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