Apple's iPhone is behind a sharp drop in Nintendo's profits, according to the gaming company.
- Nintendo said net profit for April to June 2009 was down 61 percent on the same period last year, while sales dropped 40 percent.
- Sales of the Wii dropped more than half compared to the same period last year to 2.2 million units during the quarter.
- The drop was largest in the Americas, where unit sales fell 65 percent, and in Japan, where they declined by 60 percent.
- In the handheld market, the company saw unit sales of its DS drop on the same period last year by a million units to 6 million.
- Nintendo said 29 million Wii games and 31 million DS games were sold during the period. Those figures represent declines of 20 percent and 23 percent respectively against the same period last year.
- A Nintendo representative claimed the DS and DSi were suffering, “due to harsher competition in the portable arena stemming directly from Apple devices”.