- Markets Finally Get Greek Deal —So Where's the Rally?
- 'Mortgage Deal from Hell' Hurts Sound Borrowers: Bove
- Fidelity: 401(k) Balances Little Changed Over 2011
- Are Young American Workers a 'Lost Generation'?
- Westminster’s Most Successful Dog Breeds
- Greek Political Leaders Agree On Austerity Reforms
- Robo-Deal Is All About Lowering Mortgage Principal
- Fed Fines Banks $766 Million Over Mortgage Practices
- Spent Keurig K-Cups Filling Up US Landfills
MOST SHARED
- Warren Buffett: Stocks Will Outperform Gold and Bonds .. and They're Safer 'By Far'
- Steelers' Antonio Brown Spends Super Bowl Week with Twitter Fan Turned BFF
- Investor Optimism At Highest In One Year: Survey
- Markets Get Greece Deal, So Where's the Big Rally?
- How to Get Your Name on the Bathroom Wall 4-EVER
- Indonesia Unexpectedly Cuts Rate to Seek Growth
- Kodak to Stop Making Cameras to Cut Costs
- Robo-Deal Is All About Lowering Mortgage Principal
- The Euro Still Has Room to Rise: Strategist
- Greeks Burn German Flags: Do They Have a Point?
MOST POPULAR
HOT ON FACEBOOK
Nintendo Exec Says Wii is Recession-Proof
Text Size 
Happy Anniversary to Wii: It was one year ago that the wildly popular videogame console hit the market, taking interactive play to a new level -- and giving Wii maker Nintendo a huge advantage over Sony and Microsoft in the game game.
With the official start of holiday shopping still several days away, Wii is at the top of almost everyone's wish list -- especially the merchants who are already reporting shortages.
"We can sell every single unit that we put into the pipeline, from a distribution standpoint," Reggie Fils-Aime, president and chief operating officer of Nintendo of America, told CNBC.
"For us, it really is all about maximizing where we put those units on a worldwide basis."
Wii's big advantage includes its motion-sensing technology. "Right now, there is no competition for us using this similar technology," says Fils-Aime.
For those who already have Wii, there's new content this year: Activision's "Guitar Hero III" and Sega's "Mario and Sonic at the Olympic Games" are two high-profile examples.
Fils-Aime is not overlooking those new to Wii. "We just launched a title called 'Super Mario Galaxy,' which takes our key character, Mario, to a whole new place...making it easy for new players to get into the game," he said.
And he's not worried about a recession: "Historically, when that happens, our category tends to do fairly well," he said.
"Consumers look at our products as small luxuries that they can take home and enjoy with the entire family, and so, while we're concerned, we think that we're well poised to have a strong holiday season, as well as a strong 2008."
- Many have called to abolish the Federal Reserve. But what would happen if it was dissolved for good?
- Entrepreneurs have increasingly been buying back their companies over the last three years.
- Where are the best city locations for singles to take the online dating plunge?
- A Steelers fan spent a week with wide receiver Antonio Brown- and it was all due to tweeting.
- Here’s a look at the woman behind the newest collectible toy that kids love.
- Grab a brew—or not—and click ahead to experience the world’s most highly rated beers.
Data is a real-time snapshot *Data is delayed at least 15 minutes
