I, for one, am happy that Nintendo turned a profit. Even if most of their "new" games are just copies of their old games, at least playing Nintendo clones gives me a break from the clones released every day on the other consoles. And now that Nintendo is selling the 3DS for less than GameStop is, I will gladly give Nintendo some of my money and thank them for the countless hours of entertainment they gave me up until the Wii, and raise a glass in hopes that whatever comes out after the WiiU isn't completely retarded.
Nintendo turns a profit but misses sales forecast by half
Wii U sales stand at 3.45 million, with 3DS at 31 million.
Sales of the Wii U stand at only 3.45 million worldwide, but Nintendo has reported a profit of ¥7.09 billion ($71.3m/£46.7m) for the financial year.
While the net income is almost half the company's previously estimated profit of ¥14 billion, the company has managed to turn around the whopping loss of ¥43 billion it reported last year--the first annual loss the company has ever posted.
3.45 million Wii Us have been sold globally as of March 31 2013, with fewer than 400,000 being sold in the last three months. The Wii U was outsold by the Wii, which sold 3.98 million units across the company's financial year.
Nintendo blamed poor sales of its devices in North America and Europe, though noted that the 3DS has now become the console of choice in Japan.
Wii U worldwide software sales stand at 13.42 million units as of March 31. Nintendo Land makes up 2.6 million of that figure, while New Super Mario Bros. U has also shifted 2.15 million copies.
Meanwhile, the 3DS has sold 31.09 million units and 95.03 million games. Super Mario 3D Land remains the 3DS sales king with 8.29 million copies sold worldwide, and recent release Luigi's Mansion: Dark Moon has managed to gain 1.22 million buyers since launch.
Nintendo's net sales were also slightly down on last year, but damage to the company's bottom line was mitigated slightly thanks to financial gains made by the currency exchange.
For the next financial year the publisher predicts it will sell 9 million Wii U consoles worldwide. 3DS expectations are higher at 18 million.
Previous reports had suggested Nintendo would announce a loss of ¥18.7 billion for the financial year.
Content you might like…
Users who looked at this article also looked at these content items.
Hot Stories
Newsmakers
-
Blizzard starting over on next-gen MMO?
[UPDATE] Source says team of 100 developers working on upcoming MMO reduced by 70; game now expected in 2016 at the earliest; Blizzard confirms "large design and technology changes." Full Story
- Posted May 28, 2013 4:36 pm PT
-
Industry sounds off on violent games debate
Developers from Gearbox, Epic Games, and Blizzard challenge assertion that games cause violence; "It's like finding your dad's Playboys under the bed and blaming Playboy." Full Story
- Posted May 29, 2013 7:46 am PT
Featured Stories
-
Xbox One can talk - Report
Source says Microsoft currently testing Siri-like feature for next-gen platform and mode that allows friends to take over gameplay. Full Story
- Posted May 24, 2013 10:18 am PT
-
Video Games: The Movie hits funding goal
Mediajuice Studios' documentary on games gets $60,000 in funding in under two weeks; stretch goals revealed. Full Story
- Posted May 29, 2013 8:17 am PT
-
Ubisoft: Console transition 'pivotal moment' for industry
CEO Yves Guillemot says new console cycle will be watershed moment for the industry; next-gen console installed base could double previous generation. Full Story
- Posted May 29, 2013 11:28 am PT
-
Kaz Hirai: PS4 is 'first and foremost' a video game console
Sony CEO asserts the PlayStation 4 as primarily a gaming console, but adds that more non-game functionality will be revealed in time. Full Story
- Posted May 31, 2013 4:01 am PT
-
Zombies sell, says Take-Two chief
CEO Strauss Zelnick says "I'd like to do zombies in everything." Full Story
- Posted May 30, 2013 7:59 am PT







