Nintendo sold a whopping 1.4 million units of its Wii video game console in the month of November, according to Wedbush Morgan analyst Michael Pachter.
Sales of the Nintendo Wii remain strong this holiday shopping season, with Nintendo president Satoru Iwata claiming that more than 800,000 Wii systems were sold in the U.S. during the week of the Thanksgiving holiday (November 23-29), more than doubling the 350,000 units sold for the same week last year.
The Wii was also the most popular product of Black Friday, with many retailers, including Best Buy and Circuit City, continuing to sell out of the console online. Wal-Mart has reportedly increased its Wii inventory to “tens of thousands.”
“When the economy is strong, people tend to buy three things from the top of their wish list,” Iwata said. “But when things are bad, people often buy only the first thing on their list.”
“Fortunately for us, a lot of shoppers put our products at the top of their list,” he said.
