Nintendo up profits by 20%

Nintendo have increased their expected profit figures by 20% on increased sales of the DS(lite) and games. They are also included forcasts for the Wii which will be in stores by Xmas.

The Wii, though lower spec than either the Xbox360 or PS3, is cheap and there will be a lot of content/games for it. As Sony have revised their figures and expected production numbers, many consumers may jump on to the Wii instead.