Nintendo will fail to reach sales goal for Wii U in 2013, say 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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Comments
PlusnetPosted:
Racist I don't even know one person who bought the wii u. Other consoles just have more to offer.
I had one and it was pretty boring.
RacistPosted:
I don't even know one person who bought the wii u. Other consoles just have more to offer.
1492Posted:
That sucks, they really were a good company, but they really should have waited until the new consoles died down and advertised more before they sold them
AllSkinsNoSkillPosted:
I don't doubt it for a second and I think they're crazy for trying to sell that many I mean they knew next gen consoles were coming out and people would most likely save to get those instead.
SIKSPosted:
They were expecting 9 million units sold? I kind of feel bad for nintendo for getting 3x less units that they were aiming for.
KatsumiPosted:
Brigand This wasn't really a surprise. seemed inevitable.
Yeah, the Wii U really hasn't done well in the market what so ever
XpectXtremePosted:
jstrout626KatsumiKAQ Not suprising their ... nintendo was good but now they aren't because of the xbox and playstions being released :P
I don't think the Wii U would be drawing in much interest even if the Xbox One and PS4 where to be put off until next year. Remember that it has been in the market since 2012 if i remember correctly
It's been out since march
no its been out since november 2012
MawderzPosted:
Int Damn man this company must be going bust soon.
I think they will.
Their products are too childish and don't really appeal to the general audience.
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