Wednesday, May 7, 2014

Nintendo had a very bad year and it's all the Wii U's fault


Nintendo's reported a staggering loss of $456 million for the past financial year. The blame is being laid squarely at its still relatively-new console, the Wii U. Sales have slowed significantly: Nintendo sold 2.72 million Wii Us in the last twelve months. (Running totals for the Xbox One and PS4: five and seven million, respectively). In the last quarter, only 310,000 units were sold. Meanwhile the 3DS (and even DS) continue to sell more favorably: 10 million were sold in the last financial year. There's just shy of 43 million 3DSes out there.


From Nintendo itself: "The Wii U hardware still has a negative impact on Nintendo's profits, owing mainly to it's markdown (overseas)." The beleaguered gamesmaker plans to focus on the console's GamePad, calling it the "the most important differentiator of the Wii U" and is planning both Super Smash Bros and Mario Kart to act as the main drivers for console sales -- no pun intended.


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