Nintendo president: 'The Wii has stalled'

Though it once appeared to be a tiny sales juggernaut, Nintendo's top-selling Wii console has struggled in 2009.

Though it once appeared to be a tiny sales juggernaut, Nintendo's top-selling Wii console has struggled in 2009.

Nintendo said Thursday that sales fell 34.5 percent to 548 billion yen (US$6.09 billion) during the first half of its fiscal year.

Nintendo's slipping performance has not gone unnoticed by the publisher's president. As reported by Japan's Mainichi Newspaper and translated by GameSpot, Nintendo executive Satoru Iwata told analysts and investors as part of a post-earnings Q&A that a weak software lineup has contributed to the Wii's sluggish performance.

"The Wii has stalled," Iwata said. "Games of high demand could not be continuously released and the good mood has chilled." Iwata went on to note that it will be difficult to recover from "the slowdown in demand", but he also expressed optimism over Nintendo's ability to continue selling Wiis.

For more, read "Nintendo president: 'The Wii has stalled'" on CNET News.