More Reviews
REVIEWS Firefall Review
Repetitive gameplay makes this fall a little boring.

The Walking Dead: Season Two Review
At this point, you’re not coming back for the zombies. Let’s get down to business.
More Previews
PREVIEWS Geometry Wars 3: Dimensions Preview
Put up some movie glasses, because Geometry Wars is entering the third dimension.
Release Dates
NEW RELEASES Destiny
Release date: 09/09/14

FIFA 15
Release date: 09/23/14

Ar Nosurge: Ode to an Unborn Star
Release date: 09/23/14

Persona 4 Arena Ultimax
Release date: 09/30/14


LATEST FEATURES And I Was All "Hell Yeah I'll Play a New Dreamcast Game"
I just played a Dreamcast game that was released in... wait, 2014?

A Comprehensive Guide to Dealing with Controversy in the Video Game Industry
Need help wading through the latest misogyny/homophobia/racism/corruption debate in the gaming industry? Paul Tamburro’s here to help!
MOST POPULAR FEATURES The Updating List of PAX Indies
We're heading to PAX Prime! Are you looking to check out a few unique indie games while you're there? UPDATED: Dragon Fin Soup, Dungeon of the Endless,

LEADERBOARD
Read More Member Blogs
FEATURED VOXPOP samsmith614 Since game design is a business, I decided to see what's really selling well for the PS4. I did this search a week ago, and at the time, out of the top 20 bestsellers on Amazon 10 had not even been released yet. By now some have been released. But others still have not. And yet others...

GAMING NEWS

Nintendo Faces Another Annual Loss as Wii U and 3DS Underperform

Posted on Wednesday, May 7 @ 05:04:38 Eastern by Alex_Osborn


Nintendo has released its latest financial report, and unfortunately for the Big N, things aren't looking particularly great. The company is facing an annual operating loss of ¥46.4 billion ($457 million) and a net loss of ¥23.2 billion ($22.8 million). Not good.

Wii U console sales currently clock in at just 6.17 million, a figure that has already been outpaced by PlayStation 4's 7 million in sales—and Sony's console has only been out since November! This past quarter only 310,000 units were sold, which is a 20 percent decline in Wii U sales when compared to the same time last year.

On the portable front, the situation isn't quite as dire, but sales aren't living up to Nintendo's expectations. That said, a total of 590,000 3DS units were sold last quarter. This brings the total number of 3DS sales to 43.3 million. 2DS hasn't taken off like Nintendo hoped either, with the console making up 2.2 million of the handheld's total sales.

Nintendo isn't holding a traditional press conference at E3, but that doesn't mean the company won't be making some exciting announcements. Here's to hoping releases like Mario Kart 8 and Smash Bros. turn the company's fortunes around. Otherwise, I think Iwata may be in trouble.
Tags:   Nintendo, Wii U, 3DS


More from the Game Revolution Network




comments powered by Disqus

More On GameRevolution