In their most recent financial report, Nintendo has given an estimate on how well they expect the Wii to perform as a console. There is also mention of the expected price. Games Press has the details:
Nintendo Announces Wii Information, Worldwide Shipments
May 25, 2006
Following its overwhelming debut at E3 2006, Nintendo today announced the current fiscal year unit shipment forecast for its new home game system, Wii™. Nintendo also confirmed that the price of the Wii system, which incorporates unique freehand control, will not exceed $250 in America, or ¥25,000 in Japan. The company plans to ship 6 million systems to retailers around the world between its launch in the fourth quarter of 2006 and the end of its fiscal year on March 31, 2007.
The projections are part of a full-year financial forecast that sees growth of 18 percent in sales globally, based on anticipated continuing strong demand for the Nintendo DS™ portable game system, as well as a successful launch for Wii.
The company also said it expects to sell 17 million Wii games in the period. Exact launch dates, identification of the launch library of titles and details on the unique Virtual Console aspect of Wii will be announced soon.
The comments about the price were perhaps to be expected. But Nintendo seems very confident that they can sell six million consoles until April 2007 and almost three times as many games along with it. This is a bold statement. Microsoft claims to have sold just over 3 million units in about six months since launch. Given that the Wii can most likely launch no earlier than September, Nintendo would have to sell three times as many consoles to make good on this promise. A very bold claim indeed. And, in my opinion, a good indicator that there is still another secret to the system that will make it even more appealing.
EDIT It has been rightly pointed out (albeit by a complete cretin) that I mistook ´shipped´ for ´sold´. Of course, Nintendo only intends to ship that many consoles. However, I am sure that they have high hopes of selling the entire shipment by that time. As we all know, most consoles do sell out the first batch as demand is high.
Source: Games Press, Nintendo financial report