Does the Wii prove that the HD razor/blade model is flawed?

[jarrod]

Procrastinato said:

Nintendo profits hugely from business external to consoles... i.e. other-media Pokemon, The Seattle Mariners (Nintendo owns a majority share) etc.

Just a quick aside, but all profits from Pokemon licensing and merchandising are reported under the Pokemon Company, not Nintendo themselves.  They do this for tax reasons iirc.

Same deal with Kirby and WarpStar Inc.  I believe the Mariners are reported as a subsidiary, and revenue from that venture isn't included in Nintendo's financials either.  Nintendo also reports iQue separately due to Chinese law.  They actually don't even include hardware or software sales from iQue in their worldwide totals.