Latest in Gaming

Image credit:

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

Sharif Sakr
July 31, 2013
Share
Tweet
Share

Sponsored Links

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 shifted between January and March. The company's original sales projections for the device, and its hope of selling nine million units by March 2014, are now a distant dream -- we're looking at a lifetime total of just 3.61 million sales. On a more positive note, however, it still managed to sell a million Wii U games, and 1.4 million 3DS handhelds. In addition, the year-over-year fall in revenue was 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 managed to eke out a net profit of 8.6 billion yen, or $88 million, so there's some life in this playful old outfit yet.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
Tweet
Share

Popular on Engadget

Jabra Elite 85t review: Noise-blocking comfort that rivals the best

Jabra Elite 85t review: Noise-blocking comfort that rivals the best

View
NASA confirms OSIRIS-REx has secured its asteroid sample

NASA confirms OSIRIS-REx has secured its asteroid sample

View
Apple AirPods with a wireless charging case hit a new low price of $108

Apple AirPods with a wireless charging case hit a new low price of $108

View
Some Google One plans now come with a complimentary VPN

Some Google One plans now come with a complimentary VPN

View
Scientists found an Earth-sized ‘rogue’ planet in the Milky Way

Scientists found an Earth-sized ‘rogue’ planet in the Milky Way

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr