More Reviews
REVIEWS Final Fantasy IX (PC) Review
Don't leave us again, okay?

Severed Review
Does Drinkbox Studio’s latest make the cut?
More Previews
PREVIEWS Gears of War 4 Preview
"Yank and Shank" is strangely more satisfying than a chainsaw bayonet to the face.
Release Dates
NEW RELEASES Tales From The Borderlands
Release date: Out Now

Doom
Release date: 05/13/16

Teenage Mutant Ninja Turtles: Mutants in Manhattan
Release date: 05/24/16


LEADERBOARD
Read More Member Blogs
FEATURED VOXPOP Ivory_Soul
Windows 10 Review for Dummies
By Ivory_Soul
Posted on 08/11/15
After all these years, and growing up with Windows 3.1, I have seen an entire evolution of computers and software. Touch screens and large resolutions were a pipe dream just 15 years ago. Now it's the norm. Going from a Packard Bell (yes, before HP) that couldn't run 3D Ultra Mini...

GAMING NEWS

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

Posted on Wednesday, May 7 @ 05:04:38 PST 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
FOLLOW ME ON TWITTER. YOU KNOW YOU WANT TO.




comments powered by Disqus

More On GameRevolution