More Reviews
REVIEWS Slender: The Arrival Review
Few games can offer genuine scares in the horror genre. Can Slender: The Arrival prove otherwise and it can offer more?

Pillars of Eternity Review
Obsidian Entertainment creates a retro Infinity Engine RPG funded by Kickstarter. Is it as good as previous Infinity Engine games, or does the novelty quickly wear off?
More Previews
PREVIEWS Dirty Bomb Preview
Looking for a more competitive, challenging online FPS multiplayer game? Splash Damage is introducing just that by dropping a Dirty Bomb on the free-to-play game market.

LATEST FEATURES 6 Helpful Tips for Pillars of Eternity
Simply put, Pillars of Eternity can become maddening if players aren't careful.

Top 10 Active Video Game Kickstarter Campaigns
There are lots of indie projects going on right now, so we did the dirty work for you and found the best.
MOST POPULAR FEATURES Top 50 Pokémon of All Time
Can you believe there are now six generations of Pokémon? Six!! That's a crazy amount of different creatures to collect. But which are the cream of the crop? Don't worry, Magikarp isn't actually one of them.

LEADERBOARD
Read More Member Blogs
FEATURED VOXPOP shandog137
The perils of the Hype Train…
By shandog137
Posted on 03/09/15
The recent release of Evolve and The Order 1886 really got me to thinking about the disparity between the perspective of sales-driven publishers and the quality-driven purchases of consumers. The “Hype Train” is nothing new, but the way it is utilized has been creating far more...

GAMING NEWS

Nintendo Faces $530 Million In Losses, Wii U And 3DS To "Drive The Company Back Into Profitability"

Posted on Thursday, April 26 @ 10:55:21 Eastern by Alex_Osborn
Mario and the gang aren't doing so hot. While Nintendo was anticipating major losses for the 2011 fiscal year, $530 million is a hefty chunk of change no matter how you swing it. Wii sales declined substantially, with just a mere 9.84 million units sold. Meanwhile, while the 3DS got off to a rather slow start, but has since seen a significant spike since its price cut, brining sales to 13.51 million.

The fact of the matter is that the Wii is basically dead at this point. WIth only a few quality titles gracing the system last year, and virtually no exciting games on the horizon, it is clear that Nintendo is putting all their eggs in the Wii U basket. In fact, Nintendo basically went so far to say as much in a statement accompanying their reported losses. 

"While [Nintendo] did post a loss for the recently completed fiscal year, the continuing momentum of the Nintendo 3DS and the global introduction of the highly-anticipated Wii U home console will drive the company back into profitability in the current year."

Will the Wii U really be big enough to pull Nintendo back on its feet? They'd better have one heck of an E3 press conference planned if they hope to get out of the red this year.

[Via]

Tags:   Wii U, Nintendo, 3DS
FOLLOW ME ON TWITTER. YOU KNOW YOU WANT TO.


More from the Game Revolution Network




comments powered by Disqus

More On GameRevolution