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Nintendo Quarterly Financial Report Makes Pretty Sad Reading From A Wii U Standpoint

by on July 31, 2013
 

Nintendo has today released their official consolidated financial results covering the first quarter of 2013. Sadly, and inevitably, it paints a pretty depressing picture from a Wii U point of view, but shows that other areas are flourishing – namely the 3DS, as most would have been able to predict.

The Wii U shifted a very poor 160,000 units from April to June. That is 160,000 worldwide. Just to give you an idea of how poor this really is, they knocked out double that amount in the preceding quarter. Even the elderly Nintendo Wii trumped its predecessor – selling 210,000 during the same period. It makes the O.G Nintendo predictions that they would have sold just under ten million units by March 2014 look like some kind of crazy pipe dream. Unless there is a significant sales boost, perhaps driven by some must-have new software, it looks as though the sophomore Wii console is going to get blown away when Sony and Microsoft drop their next gen hardware later this year.

It isn’t all bad, however. The company stll made a tidy profit of around $88 million, and their operating losses were significantly smaller than in previous years. Oh, and there is the matter of the 3DS and 3DS XL – which sold a fine 2.39 million units during the quarter, not to mention a huge amount of software totalling over 11 million Yen.