Nintendo Profits Drop

Nintendo finacial year 2010 ended last 31st March, and the results are not that positive. The company's net income has dropped to 52% since last financial year's, and the cause of this is mainly the plunge in Wii sales. The net income dropped from a whopping 356 billion yen to 171 billion. This might be the main reason for the Wii successor being announced with a 2012 release date.