Nintendo will fail to reach sales goal for Wii U in 2013, say analysts

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Nintendo has no hope of meeting its 9 million unit sales target for the Wii U in 2013, according to several analysts.

Speaking to Bloomberg, two analysts have suggested the company will not sell the 9 million Wii U units president Satoru Iwata promised in October.

"They steadfastly refuse to consider that the product is not interesting to consumers," Wedbush Securities analyst Michael Pachter said. "They will fail to hit 9 million, and they will likely miss their profit goals.

Meanwhile, SMBC Nikko Securities analyst Eiji Maeda says the Wii U is flagging because it has become too niche.

"Wii U has become a game console only for Nintendo fans," Maeda said. "Wii U needs groundbreaking software to draw casual and hardcore gamers."

Pachter predicted the Wii U will sell 6 million units in the fiscal year ending March 2014, while Maeda predicts 6.5 million.

During Nintendo's second fiscal quarter the company shifted only 300,000 units, bringing the global total to 3.91 million units.

The Wii U's performance is sorely lacking compared to the Xbox One and PS4: UK PS4 sales outstripped Wii U's lifetime total in only a matter of hours.

Industry analyst firm DFC Intelligence predicted in November that Wii U lifetime sales will reach 25 million units, or around a quarter of what the Wii achieved.

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Related Forum: Gaming Discussion

Source: http://www.computerandvideogames.com/441072/nintendo-will-fail-to-reach-sales-goal-for-wii-u-in-2013-say-analysts/

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"Nintendo will fail to reach sales goal for Wii U in 2013, say analysts" :: Login/Create an Account :: 87 comments

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gtapro151Posted:

duh they added barley any horsepower its a cool idead but it need the hp to back it up

GT-RPosted:

This is honestly not a surprise to me.

MawderzPosted:

No one cares about Nintendo that much anymore.
I think that their products mainly appeal to kids.

fexPosted:

CL4PTRAP I really feel bad on Nintendo.


Why would you feel bad for them? I mean they are good at what they do they just need to keep up with modern technology lol

fexPosted:

I can see this being true. I mean nintendo are great for handheld consoles and their work with mario, sonic etc but they are getting "left behind" with sony and MS investing in all this tech that simply outshines the WiiU

TywinPosted:

Katsumi
Vol Its not fair for Wii anymore. They can't even come close to competing with these next-gen consoles.


The Wii U isn't competing with the current generation of consoles at all. The Wii came out on top last generation though


The original Wii could compete with these next gen in sales, just not for actual technology.
Well, only if the original Wii was just being released again.

TywinPosted:

LG6 Does this surprise anyone?


Kind of.
Nintendo said they were going to remarket the WiiU because some people don't even know it exists.

LG6Posted:

Does this surprise anyone?

KatsumiPosted:

Vol Its not fair for Wii anymore. They can't even come close to competing with these next-gen consoles.


The Wii U isn't competing with the current generation of consoles at all. The Wii came out on top last generation though

VolPosted:

Its not fair for Wii anymore. They can't even come close to competing with these next-gen consoles.