Member Since: 1/19/2012
Posts: 13,768
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No but seriously, Wii U is bombing HARD
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Nintendo released its financial results for the last quarter today, revealing strong 3DS sales alongside Wii U sales that are below even pessimistic expectations.
Nintendo remains in profit overall thanks to the strong performance of its assets and the recovery of the currency market against the yen, but it made a slight operating loss of just under 5 billion yen, around $50m, meaning that the business of actually selling games and consoles was not profitable. Nintendo attributes this loss to "total selling, general and administrative expenses [which] exceeded gross profit due to enhancement of advertising and promotion of Nintendo 3DS overseas to increase sales, and research and development for the Wii U software."
This is an improvement on last year's 10 billion yen operating loss over the same April-June period. Nintendo's overall net profit for the period was 8.624 bn yen, or $88.1m.
As ever, the sales figures tell the most interesting story. The Wii U sold just 160,000 units globally between the beginning of April and the end of June, an astonishingly low number. That's less than half the 390,000 units that it managed to sell in the final three months of its last financial year. Software figures were not much better: 1.03 million total for the quarter. Total Wii U sales now stand at 3.61 million.
The Wii, meanwhile, sold 210,000 in the same period, with 3.67 million games sold. It's just nudged over 100 million lifetime sales.
The 3DS, with 1.4 million units sold and an impressive 11.4 million games sold, has kept Nintendo afloat this quarter.
A number of 3DS games were very successful, chalking up huge sales. Animal Crossing: New Leaf, having already sold over 3 million units in Japan, sold another 1.59 million in the West up to June 30th. Luigi's Mansion: Dark Moon sold 1.43 million worldwide, and the report states that Donkey Kong Country Returns 3D was "well received", though it doesn't give figures.
Nintendo is not adjusting its full-year financial forecasts, and there is no official comment on these figures as of yet.
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Source: http://uk.ign.com/articles/2013/07/3...re-wii-u-sales
On a separate IGN article they broke the numbers down even futher.
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It’s more shocking when you break it down by territory; of that paltry number, 90,000 were sold in Japan, 60,000 in the Americas, and just 10,000 in Europe, Australia and the rest of the world.
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Source: http://uk.ign.com/articles/2013/07/3...endo-situation
This is what happens when you don't bring the saviour of video games and the game of all generations Animal Crossing (over territories because I am so global) to a Nintendo console. You FLOP. Does LotUs even have a chance at this point?
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