Nintendo to launch new Wii in 2012

Despite the launch of its much-touted 3D-capable handheld games device, Nintendo expects profits to remain almost flat in the current financial year.The Wii took the industry by storm five years ago by offering family games such as tennis and bowling that appealed to a broad audience rather than just core gamers.This time around, however, Nintendo will find it harder to sidestep its competitors because of competition from smartphone and tablet makers including Apple Inc. Nintendo this year launched a glasses-free 3D-capable handheld games device, the 3DS, to fend off growing competition from other games companies, as well as makers of smartphones and tablets.Having sold 86 million units of the Wii since its launch in 2006, sales last business year slipped by a quarter to 15 million.