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Nintendo Sees 02/03 GameCube Sales Below Target

by Thomas on Jan. 23, 2003 @ 12:02 a.m. PST

Reuters reports that Nintendo Co Ltd creator of the "Pokemon" video game series, said on Thursday its shipments of GameCube home consoles in 2002/03 were likely to fall more than 10 percent short of its target of 10 million units.. Satoru Iwata, Nintendo's president, told Reuters in an interview that the gamemaker expected shipments of GameCube software in the 2002/03 business year to March to come in below its 55 million unit target, but he declined to give a figure.. He also said the company was developing a next-generation home videogame console. Nintendo is looking at the possibility of launching it in 2005 or 2006, he said.. Rival console makers are expected to release next-generation systems around that time.
Reuters reports that Nintendo Co Ltd creator of the "Pokemon" video game series, said on Thursday its shipments of GameCube home consoles in 2002/03 were likely to fall more than 10 percent short of its target of 10 million units.. Satoru Iwata, Nintendo's president, told Reuters in an interview that the gamemaker expected shipments of GameCube software in the 2002/03 business year to March to come in below its 55 million unit target, but he declined to give a figure.. He also said the company was developing a next-generation home videogame console. Nintendo is looking at the possibility of launching it in 2005 or 2006, he said.. Rival console makers are expected to release next-generation systems around that time.
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