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  Nintendo drops aim for GameCube sales
Time: 15:21 EST/20:21 GMT | News Source: News.com | Posted By: Jonathan Tigner

Japanese game giant Nintendo says that sales of its GameCube console are coming in well below forecasts. The company announced in a statement Monday that it expects to report sales of 5.6 million GameCube units for the company's fiscal year, which ended March 31. That compares with lowered sales forecasts, provided late last year, that called for sales of 10 million to 12 million units. Nintendo has been locked in a contest with Microsoft to claim second place in the lucrative video game market, behind market leader Sony, whose PlayStation 2 console surpassed the 50 million-unit mark early this year. Recent signs show Microsoft pulling ahead in the race, with the company saying it expects to have sold 9 million units of its Xbox console by the end of the company's fiscal year, June 30.

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