Nintendo has confirmed it will launch a successor to its popular Wii gaming console in 2012.
As of March, Nintendo has sold 86.01 million Wiis since 2006 when the console was launched. However, in 2010 the company sold only 15.1 million Wiis globally -- a 25% drop from 2009 when it sold 20.1 million units.
The company also revealed its yearly financial results for 2010, marking a big drop in net profit -- $825 million -- 66 percent less than in 2009.