Despite the fact that has only just concluded - and are now busy preparing the ground for the launch of their new handheld the later this year -word from today informs us that the company are already planning to showcase their new console (successor to the GameCube) at next year's E3 expo. "[We] plan to unveil the next-generation console succeeding the at next year's E3 during the spring," Ninty's Managing Director Yoshihiro Mori told reporters at a press conference in Osaka.

Refocusing on the more pressing DS debut, Mori also revealed the company's targets for the new and daring device, with sales of 3.5 million units hoped for before March 31st, 2005. Sales of fifteen million software units by the same deadline are also expected - of course, all this does assume that the chronic shortage of LCD screens at the moment can be overcome in time to shift enough units of the device in time for launch.

Meanwhile, Nintendo also conceded that profits for the financial year 2004 had halved on 2003's, falling more than 50% to $297 million (33.2 billion yen). The weakness of the dollar, in the main, and the vagaries of foreign exchange markets were blamed for the decrease, as sales actually rose year-on-year. By contrast, a profit of $620 million is expected for the financial year 2005.

Predictably, the GBA and its SP sibling were the firm's biggest cash-cows, whilst console sales continued to under whelm by comparison. More on big 'N' as we get it.

By Luke Guttridge

Comments

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  1. Spirit Unregistered 5 years ago

    This isn't game cube sucessor. It's da sucessor from game boy advance!!!

  2. inuyasha Unregistered 5 years ago

    this is going to be a good handheld, but it is not the succesor for the gamecube or the gameboy advance

  3. fixer Unregistered 5 years ago

    wtf!!!

    at the beggining they were talking about gamecube successor -codenamed N5 or Nintendo Revolution- and then they started talking about the ds after that. there WILL be a successor to gamecube. btw, ds is a new system, it is not the next gba or anything. just a piece of crap wanting to get beaten badly by the psp. (just joking ;-))

  4. mr x Unregistered 5 years ago

    I sopose some of didn't understand. Nintendo is planing to lanch a new console at the end of the year 2005. It's not aportable one this time and I can't wait untill it comes out. They are going to make a successor of GBA, but they're waiting for the best moment, I mean when GBA SP is not that popular.
    To fixer: I hope you are. DS may not be a new GBA, but not a piece of crap! PSP is much worce. It's made for stupied children or teens, who want to be cool. They think that if they have a super powerful system which costs 400$ they will be cool. Nintendo makes consoles for games, other companies make a lot of upgrages like DVD players becouse they can't make good games for it. And who wants a console with no games? No one.

  5. mr x Unregistered 5 years ago

    I was thinking, what console are you going to buy? Like PS3 or N5? Maybe even Xbox 2? Thats an interesting question. I know that it's a bit early to talk about it, but still, as we already talk about next gen consoles, why not to talk about which of them is the best?

  6. Justin Unregistered 5 years ago

    I think Nintendo stated that they are going to make the Nintendo DS of console systems with the N5. If it has new innovation I wonder what is possible with a home console. This is all very exciting and I don't see Sony or Microsoft making anything innovative so I think the N5 will be another great hit and bring Nintendo to a high rank again.

  7. nintendo freak Unregistered 5 years ago

    I think that the next nintendo system will kick ass because nintendo finaly realises its downers and its ready for the next gen systems.

  8. shaquille Unregistered 5 years ago

    how much systems are you guys going to make

  9. Sinbad-KT Unregistered 4 years ago

    dang,they changed the name too right? the nintendo On

    turn it on XD