Skip navigation
Watchlist Sponsored By :


Current DateTime: 05:14:11 26 Nov 2009
LinksList Documentid: 24355697
  • Runway Angels

      The superbowl of fashion shows, models walk down the runway at the 2009 Victoria's Secret Show.

  • Smartphone Guide

      Here's a need-to-know guide to nine devices, based on features, price, network and platform.

  • Wines for the Holidays

      Not quite sure what wine to pair with Turkey or Creme Brulee? Our experts do.

FEATURED QUIZZES


Current DateTime: 05:14:11 26 Nov 2009
LinksList Documentid: 33793611
  • How Well Do You Know Your Bird?

      Let's talk turkey. Test your turkey knowledge and perhaps pick up a bit of trivia to trot out at your holiday meal.

  • A Healthier & Wealthier You

      Take the following quiz and find out how much you know about the impact of obesity on the health of the U.S. economy.

  • The Billionaire BFF's

      Philanthropists. Bridge partners. Hockey players. Which responses are based on facts from Buffett's and Gates' real lives?


Current DateTime: 05:14:11 26 Nov 2009
LinksList Documentid: 24890560
  • Winterizing Your Portfolio

      If 2009 was the winter of our discontent, will 2010 be a winter wonderland for investors? A lot depends on the recovery—or lack thereof.

  • Investor's Guide to Real Estate

      Some even say the long-awaited recovery is here. Regardless, buyers and sellers alike can profit from our guide.

  • Alternative Investing

      Stocks and bonds? Sure. But it's a big world out there for investors.

powered by digg
Nintendo Exec Says Wii is Recession-Proof
By: Andrew Fisher | 19 Nov 2007 | 01:24 PM ET
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.

Game Players
Loading...
Loading...
Loading...
Loading...

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."

© 2009 CNBC.com
Tools:
Print EmailAdd This share icon
  • digg share

CNBC HIGHLIGHTS

  • For nearly three decades, these on-call experts have been dishing advice on how to – and not to – cook turkey.
  • Eric Schmidt pledges to create a virtual copy of the Iraq National Museum at Google’s expense.
  • Bill Griffeth is taking a leave of absence from CNBC and Power Lunch for a year. Here's a message from Bill.
  • More shoppers than ever plan to comparison-shop this season. Who will benefit?
  • It may be the most unusual guide to business you'll read.
  • Cut Credit cards
  • How can you get out of debt and back on the road to recovery? Follow these ten steps.
ADD COMMENTS
Remaining characters


Current DateTime: 01:44:15 26 Nov 2009
LinksList Documentid: 29778428

Current DateTime: 01:03:48 26 Nov 2009
LinksList Documentid: 29779196

Current DateTime: 01:02:06 26 Nov 2009
LinksList Documentid: 29779199

Current DateTime: 01:06:03 26 Nov 2009
LinksList Documentid: 29779198
  Data is a real-time snapshot  *Data is delayed at least 15 minutes
Global Business and Financial News, Stock Quotes, and Market Data and Analysis

© 2009 CNBC, Inc.  All Rights Reserved.
A Division of NBC Universal
Thomson ReutersThomson Reuters