Wednesday 31 July 2013

Nintendo reports quarterly revenue down, only 160,000 Wii U consoles sold

Nintendo reports quarterly revenue down, 160,000 Wii U consoles sold


Nintendo has just revealed its consolidated results for the April-June quarter, and they show a significant 3.8 percent decline in sales compared to the same quarter last year -- despite (or perhaps because of) the release of the semi-next-gen Wii U. This console sold just 160,000 units during the quarter, or less than half the number of units it managed to shift between January and March. The company's original sales projections for the device are now a distant dream. On a positive note, however, it still managed to sell 1.4 million 3DS handhelds. The year-over-year fall in revenue was also much smaller than the one Nintendo suffered in Q2 2012, and its operating loss was much smaller too -- just under five billion yen in the red. Factoring in all the company's various sources of income, it still managed to make a net profit of 8.6 billion yen, or $88 million, so there's still some life in this playful old outfit.


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Source: Nintendo (PDF download)






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