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Nintendo Financials Spell Bad News for Wii U

Wii U Sad Mario Header

Nintendo have released the financial information for the last quarter, and it does not show good things for the failing Wii U.

The results show that just 160,000 consoles were sold between the beginning of April and the end of June, less than half the 390,000 units it managed to shift in the last three months of the last financial year. Whatever way you look at it, they are shocking figures.

Away from the Wii U, there were some impressive figures with Nintendo’s other devices, with the 3DS selling 1.4 million units, and 11.4 million games. Several games in particular were very successful, most notably Animal Crossing: New Leaf shifting another 1.59 million units to add to the 3 million already sold, and Luigi’s Mansion: Dark Moon accounting for another 1.43 million units.

These results showed that Nintendo are actually still in profit overall thanks to strong performance of it’s assets, as well as the improvement of the currency market against the yen, though they did take a slight operating loss of just under $50million, which they attribute to “total selling, general and administrative expenses [which] exceeded gross profit due to enhancement of advertising and promotion of Nintendo 3DS overseas to increase sales, and research and development for the Wii U software.”

 

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A co-owner of this here website, as well as a Writer, Podcaster and Designer. I'm well known for my enthusiasm and positivity. You can find out what's on my mind by following me on Twitter and by checking out The Geek Show, The Podcast of Wisdom and Ring the Bell.

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