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As the Yen gained substantially on the Euro and the Dollar recently, Nintendo earnings report showed profits were 16% below expectations. Still the company insists that this (fiscal) year more people are going to buy a Wii than they did three months ago. Previously the company had stated (in August) that it would sell 26.5 million Wiis, and now they have increased that tally to 27.5 million. Until recently, Wii was cheaper than the XBox 360 and PS3, and has been a popular selling item among casual-gaming buyers as well as hardcore gamers.

[via Silicon Alley Insider]