Nintendo boss 'strives' for return to form by March 2014
Nintendo has struggled with Wii U's underperformance at retail globally, which it blamed on "the release of few key first-party titles ... to strongly drive the hardware sales".
In the firm's latest annual report, Iwata says the firm is "striving" to return to strong profits by the end of its current fiscal year ending March 2014 by way of its impending line-up of strong software releases.
"Nintendo posted an operating loss for the fiscal year ended March 31, 2013," admitted Iwata. "However, we strive to regain 'Nintendo-like' profits for the fiscal year ending March 31, 2014 by providing many people with fascinating games and services."
He went on, "We continue to make brand-new and unique proposals, and make efforts for the growth of the home entertainment industry with a mission that is to pleasantly surprise people and put smiles on the faces of everyone Nintendo touches."
While Wii U sales during Nintendo's first financial quarter (ending June 30) totalled just 160,000 units worldwide, software sales in the quarter came in at just over one million, taking lifetime software sales for the console to 14.44 million. That means the current Wii U attach rate is at about four games for each console - an encouraging sign, and one which suggests the Wii U install base is predominantly core gamers.
Nintendo's financial performance was also encouraging, with net profits of 8.6 billion yen (£57m / $88m), thanks largely to the strong performance of Nintendo 3DS. Hit that link for full details.
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Related Forum: Gaming Discussion
Source: http://www.computerandvideogames.com/422917/nintendo-boss-strives-for-return-to-form-by-march-2014/
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InfantingPosted:
_Bale No point in making the wii, Simply can't compete with PS and XBOX
I agree ^_^.. Wii was always a waste of time!
slapshot101Posted:
ShadowBoltDashieWell also the reason the 3DS has the success it does is because there is one one other competitor in the mobile gaming market which is the PS Viva and it is not that strong of a competitor.slapshot101 I have never understood why the 3DS is selling way better then the Wii U. I have played both and I would much rather get the Wii U, the 3DS makes my eyes buggy when in 3D mode and I don't like the feel of the controls when the Wii U is just a way better Wii.
I think more time and effort was put into the 3DS instead of just hoped for the best like the Wii U was. DS has always done good and I'm sure Pokemon had a huge factor in that. So I'm sure with the new Pokemon game coming out, 3DS might even begin to increase in sales more seeing as the new Pokemon game is on that DS only.
TaigaAisakaPosted:
slapshot101 I have never understood why the 3DS is selling way better then the Wii U. I have played both and I would much rather get the Wii U, the 3DS makes my eyes buggy when in 3D mode and I don't like the feel of the controls when the Wii U is just a way better Wii.
I think more time and effort was put into the 3DS instead of just hoped for the best like the Wii U was. DS has always done good and I'm sure Pokemon had a huge factor in that. So I'm sure with the new Pokemon game coming out, 3DS might even begin to increase in sales more seeing as the new Pokemon game is on that DS only.
slapshot101Posted:
I have never understood why the 3DS is selling way better then the Wii U. I have played both and I would much rather get the Wii U, the 3DS makes my eyes buggy when in 3D mode and I don't like the feel of the controls when the Wii U is just a way better Wii.
TaigaAisakaPosted:
varPurity Nintendo sucks tbh. They used to be good but now...no
They failed since the WII
But yet the Nintendo Wii over sold Xbox 360 and PS3.
Wii Sales: http://i.imgur.com/4X2zCVW.png
Xbox 360 Sales: http://i.imgur.com/3MEo9pX.png
PS3 Sales: http://i.imgur.com/ierpxqX.png
Now the Wii U hasn't been doing that great in sales(with only around 3.61 million sold) but the original Wii oversold the Xbox 360 and PS3 so it wasn't a fail.
MortarPosted:
I doubt they will, in my opinion the Wii U is dead content, and the predecessors such as the Wii, DS ect are better. Nintendo should just cut their losses in regards to the Wii U.
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