Sunday, March 30, 2008

Wii Shortage Caused by Weak Dollar?

Dallas News writer Victor Godinez thinks he may have stumbled onto the golden reason behind the Wii Shortage.

"With a weak dollar, foreign companies that sell their goods in the U.S. for dollars and then convert those dollars to their native currencies get a smaller profit than if they sell their products in countries with strong currencies of their own (such as Europe with the euro). In other words, Nintendo makes a bigger profit on Wiis sold in Europe than on Wiis sold in the U.S."

We think this could possibly be the most insightful piece of finance-game related news in years....except who knew Europe had an excess of Wii?

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