CNN reports that Nintendo hopes their fun little console can top the record holding Playstation 2 in total sales. The article relays the company's claim and then looks at some of the evidence involved.

Nintendo Co. Ltd. sped past Sony Corp. in market capitalization last month to become one of the 10 most valuable companies in Japan.

Iwata in an interview also played down the threat to Nintendo's business of a price cut in Sony's PlayStation 3 and the introduction of a thinner PlayStation Portable.

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