Nintendo Profits Drop 66 Percent, Plans New Wii
Nintendo Co. Ltd., the world’s biggest manufacturer of video game consoles, said that its annual profit fell 66 percent due to intense competition with Sony Corp. and Microsoft Corp. in the gaming industry.

A Wii is seen with other video games for sale in a CeX store April 17, 2009 in New York City. Mario Tama/Getty Images
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