Nintendo: Financial Losses Mount

The Wii U is just not getting close to making it

Posted by
Nintendo: Financial Losses Mount
Nintendo is going to have to face facts: a major restructuring, including compelling new hardware and possible management changes, is called for. It has just posted a 23.2 billion (134,802,202) loss for the year to March 31st 2014.

This loss compares to a profit of 7.099billion in the period to March 31st 2013. The reason? Well basically the Wii doesn't sell anymore and the Wii U hasn't started to make the same level of impact as its predecessor.

In terms of life-to-date sales (it launched in November 2006): the Wii has sold 101.6 million units with 895.22 million units of software attaching to those. In its brief lifespan (it launched in November 2012), the Wii U has done 6.17 million units of hardware with 32.9m software units attached. To give some context to that, the Wii sold some 20.13million hardware units in its first year.

Source: Nintendo and Nintendo again.

Companies:

Read More Like This


Comments

Comment Posting BlockedThe IP address, network or Internet service provider you are using has been identified as a source of spam activity. To keep things happy and friendly for the community we have blocked comment posting from your location. If you believe you've been block in error, please contact us.