More Reviews
REVIEWS Metroid Prime: Federation Force Review
Federation Force? More like Federation FORCED, amirite? (Also, my hands hurt.)

THE KING OF FIGHTERS XIV Review
First the King lost the throne, and now he's bent on taking it back.
More Previews
PREVIEWS PES 2017 Preview
With the exclusive partnership with FC Barcelona and its Camp Nou Stadium, Konami hopes that this trend of licensing is just the beginning for PES.

LEADERBOARD
Read More Member Blogs
FEATURED VOXPOP oneshotstop
Welcome Back to the West
By oneshotstop
Posted on 08/01/16
The only thing that stops the dust is the rain. It’s a sweet reprieve, but there is no middle ground. The land is either as dry as the Betty Ford clinic, or as wet as the ocean floor. Everything can be seen from the ridge overlooking Armadillo as John Marston gently bounces along atop...

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 of590,000 3DS units were sold last quarter. This brings the total number of 3DS sales to43.3 million. 2DShasn'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 likeMario Kart 8andSmash Bros.turn the company's fortunes around. Otherwise, I thinkIwata 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