Wii U Underperforms, Nintendo Slashes Sales Forecast From 9 Million To 2.8 Million
Posted on Friday, January 17 @ 05:12:17 Eastern by Alex_Osborn
Now that the dust has settled and the holiday season is over, Nintendo has a better idea of just how successful its latest home console has been this past year. And the verdict is: not successful at all. In fact, the company has had to lower its sales forecast for the fiscal year from 9 million all the way down to 2.8 million.
Company president Satoru Iwata shared the disheartening news in the latest earning's report, providing the following explanation on why Wii U's sales forecast has required such a drastic revision.
Interestingly enough, Nintendo's handheld also underperformed, forcing the company to update its sales forecast from 18 million to 13.5 million. According to Iwata, this is primarily due to the hardware's underperformance outside of Japan. "Nintendo 3DS did not reach our sales targets in the overseas markets, and we were ultimately unable to achieve our goal of providing a massive sales boost to Nintendo 3DS in the year-end sales season," he explained.
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