170°

The Wii U sold 3.45 million units last year, way under the estimated 5.5 million

Gamasutra: "Although Nintendo was able to swing back to profits for the 2012 fiscal year, the company ended up recording only half of its previously forecasted income."

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gamasutra.com
majiebeast4010d ago (Edited 4010d ago )

Congrats to the retired DS you gave me some awesome games!

Sadly software ratio for the 3DS is only 1:3 lets hope their fall line up can change that cause it aint good.

Theyellowflash304010d ago

What are you talking about? The software ratio for the 3DS is fine. Reggie Fils Aime was just bragging about how well the 3DS software is doing.
http://www.gamesindustry.bi...

Are you counting digital sales in there?

majiebeast4010d ago (Edited 4010d ago )

Official graph with digital sales included.

https://i.minus.com/i3WYZGV...

@Kirbyu

Fiscal year which ends 31st March. So from launch in November till 31st March 2013.

bicfitness4010d ago

Its not doing fine. And I'm sure that if Nintendo is listing their own internal figures, they are including downloadable, retail copies games. For the record the 3DS has missed every one of its forecasts too.

LOL_WUT4010d ago

Nintendo is definitely not doing good. A price cut should take care of this problem momentarily, at least till they get their act together and release more games. ;)

Unknow_Master4010d ago

hey lol_wut your mama had a price cut and she still doesnt get played. so do you really think the wiiu need one.

+ Show (1) more replyLast reply 4010d ago
Theyellowflash304010d ago

So if Nintendo isn't doing good with 7 Billion in profit, 99 million Wii's sold, 153 million DS's sold, 31 million 3DS sold, and 3.5 million Wii U's sold with no big first party titles out... how is Sony doing?

AsimLeonheart4009d ago

You forgot to mention 7 billion YEN which is equal to only $71.4 million of net profit. Even that was due to the favourable exchange rate. The yen depreciated so every dollar earned converted into more yens than usual. Moreover, the profit fell short of the forecast by 49%. Finally the company had an operating loss of 36.4 billion yen which is equal to $366 million dollar! Investors are concerned about operating profits more because it is the profit from core operations. The net profit includes "interest earned" and "other income" which add to the profit but are not related to the business in any way. How come you forgot all this information in your post?

kirbyu4010d ago

Wait. Last year? You mean the one month it was out?

GameArmada4010d ago

No - this refers to the fiscal year ended March 31, rather than a regular year

SilentNegotiator4010d ago

They may as well have meant that, since less than 1/2 million is from the entire 2013 timeframe.

If Nintendo hadn't lied so hard about Wii U being sold out, I wonder how few units they would have sold.

kirbyu4010d ago

They weren't really sold out?

Why would Nintendo say they were then? How would they benefit from that?

PopRocks3594010d ago

Ah yes, anything that doesn't penetrate that bubble of yours must mean that the producer was lying all along. Those fiends! Death to Nintendo!

Seriously, there were several reports from Nintendo and retailers talking about Wii U hardware being sold out during the first week of launch. But for some reason the possibility of the Wii U selling out week one and then being restocked more rapidly than the original Wii doesn't seem to resonate in your mind.

SilentNegotiator4010d ago (Edited 4010d ago )

"Why would Nintendo say they were then? How would they benefit from that?"

The benefit is getting people panicked into thinking that they need to rush out and get one. Creating false demand is an old, effective marketing trick.

@PopRocks
"Seriously, there were several reports from Nintendo and retailers talking about Wii U hardware being sold out during the first week of launch"

Wowie! An entire week!?

daclynk4010d ago

Good to know its sold well during that time.i cant blame them cos they are not enough first party games out yet. Congrats to them.

Good_Guy_Jamal4010d ago

Seems all the analysts were wrong about the big N posting a loss. Never count Nintendo out people, you'd think we'd know this by now.

zeal0us4010d ago (Edited 4010d ago )

It is a loss, 2million consoles didn't get sold that were expected to sell.

"The negative impact of the Nintendo Wii U launch also took its toll on the company's profits, with operating losses of 36.4 billion yen ($366.0 million) as a result. The depreciation of the yen was also blamed."

I'm not counting Nintendo out, but I can say they are off rougher start than MS&Sony with the 360 and PS3. Not only that but Nintendo seem to be having a hard getting families who brought the Wii over to the WiiU.

bicfitness4010d ago

The only reason why they posted a profit is because the yen has depreciated so much. So when they have billions of dollars in US banks, when converted to yen they make a "profit".

Economics are fun.

Ck1x4010d ago

I hope you know that you argument does go both ways and when the Yen is strong, that to has a magnifying effect on losses that these companies report. So you can't diminish the reason on one hand and then support it in another...

justiceot4010d ago

Your construction of this observation is terribly flawed. The exchange rate for yen to usd in recent months was 95 yen to a dollar, compared to 85 yen to a dollar in the previous year. Are you telling us that this relatively small depreciation of about 10% would yield 7.1 billion yen in profits? It doesn't make sense, does it?

So here's the main reason: Nintendo benefited from the depreciation as the goods are relatively cheap to buy from other countries' perspective/ using other currencies.

To be honest, I'm a little disturbed seeing all these unsubstantiated statements floating around the internet and, worst of all, having people agree with them.

Here's a link to backup what I've just said: m.bbc.co.uk/news/business-2227 5843

bicfitness4010d ago (Edited 4010d ago )

Google YEN to US dollar conversion. You have no idea what you're talking about justiceot. 1 dollar = 100 yen. So when the yen DEPRECIATES, even 15%, 1 dollar can equal 85 YEN. Therefore the same amount of US money is SUDDENLY WORTH SIGNIFICANTLY MORE YEN. WHICH IS WHAT NINTENDO REPORTS THEIR FINANCIALS IN.

And now multiply that by billions in US cash and yes, you can get upwards of billions of YEN, easily.

Economics.

P.S. Its not "unsubstantiated", any respectable analyst has said the same thing. Its the fanboys that don't want to hear the truth.

P.S.S. Your link it to some dead article on BBC Sports. Not sure what you're aiming at there.

justiceot4010d ago (Edited 4010d ago )

@bicfitness

In all honesty, I'm not any sort of "fanboy" ,but just a concerned passerby. It's ludicrous: You claiming to be educated in economics. Well, I shall argue no more. But bring this up to any economist, he will shoot your opinion down with immediacy.

Link: http://www.bbc.co.uk/news/b...

+ Show (1) more replyLast reply 4010d ago
PS4isKing_824010d ago

Ppl have to remember that those are amazing numbers for a console that has VERY little games for it at the moment. Just wait till the fall when the really big games start coming out. Once ppl see the new first party games come out, sales will explode. Me, I don't care about sales that much, I just want the amazing games that nintendo is gonna give us soon.

Go Nintendo!! :D

Show all comments (62)
280°

Xbox's Preservation Step Sets A Much-Needed Example, Especially For Nintendo

Hanzla from eXputer inquires: "If Xbox can care about preserving its games and legacy, what exactly is wrong with Nintendo, trying to kill game preservation single-handedly?"

purple1013d ago

Ahh yes the good old game preservation of saving all your games to a removable hhd on the Xbox 360, taking it round your mates house, setting up multiple tvs to
Be met with “save data corrupted, please re download”

Or how about removing 360 games
From the store
, download them now or else, and, better hope to god that save data doesn’t corrupt, or it’s lost for ever

Nice one ☝️

Zeref2d ago

It's better than what Nintendo and Playstation is doing. It might not be perfect but at least they are TRYING. Unlike the others.

DarXyde2d ago

Trying? Take off the blinders for a moment, mate.

1. A failure to preserve games is just that: a failure to preserve games. Don't try to sugarcoat it: NO ONE is doing it properly. Better than awful is nothing to write home about.

2. At the time of this comment, isn't it the case that you need an internet connection to play Xbox games even if you buy physical discs that are hardly in circulation anymore? I don't have a Series X and I can't verify, but I think that is correct. I'm fairly certain you can at least play PS5 games at version 1.0 (not much of a win really when many games require day one patches). I think Microsoft's all digital, licensing approach is by far more aggressive than anyone else's. They really try to push you to game pass where you lose your entire library by umm.... Skipping a month of payments.

I don't think anyone is doing it right whatsoever. Don't get me started on Nintendo, who goes after anyone looking to preserve their games better than they ever would with extreme litigation.

Don't be a simp for any of these companies. Get it together.

PhillyDonJawn2d ago (Edited 2d ago )

@DarX never speak on Xbox again. You lost all credibility with your internet connection comment. Smh you have 0 clue and misinformed yet speaking on something you don't no squat about.

Einhander19722d ago

What has Sony done exactly? You guys keep deflecting to Sony but I am not actually seeing any results, and ai am certain nothing that you can come up with even comes close to what Microsoft has done and what they have tried and failed to do, like tie all your disks to your account on xbone.

Microsoft removed their whole indie section when they moved to the xbone because they were going to only allow games on the service that came from a publisher, id@xbox started after xbone launched and it only exists because Sony embraced indie and Microsoft was forced to cancel their plans and reverse course.

And every single game that was part of games for windows live including disk games (I have gta 4 on disk that won't work) so hundreds of games that use that DRM no longer work unless the company themselves patched it out which of course very few did.

MrBaskerville2d ago

Not trying. Tried. they killed of the backcomp program years ago. They set something up again, but sounds like it's more of an attempt to save the current library on whatever they are planning next. With luck they save everything and more, but let's see. I could see them killing off parts of the OG xbox and 360 libraries. Can't imagine that they would allow us to play Forza 5-7 in the future.

With that said, I do like what they've done and really wish they could have done more.

shinoff21831d 22h ago

Zeref

So killing off physical media is trying what exactly. Ms don't really give a fk if you think they do your kidding yourself.

Profchaos1d 21h ago

They are not trying this team is established for forward compatability the team is. It interested in preserving Xbox or 360 games.

+ Show (3) more repliesLast reply 1d 21h ago
isarai2d ago

Is that why Hellblade 2 is digital only?

Zeref2d ago

Just because it's digital only doesn't mean you can't preserve it. Just put it on an external and you have the exact same functionality of what a disc does.

MrNinosan2d ago

Guess you're trolling, but if you actually think that's how it works, I'd recommend buying some braincells.

mkis0071d 13h ago (Edited 1d 13h ago )

Volitile vs nonvolitile data. A disc will not corrupt either. A drive can be corrupted.

Einhander19722d ago

This is just a scammy PR move to distract from the fact they are going digital only and trying to push streaming and subscriptions only.

No gaming company has pushed harder to remove ownership than Microsoft.

Without discs there is no preservation, preservation can't be done by the rights holders it can only be done by the consumers, anything else is a lie.

2d ago Replies(3)
Einhander19722d ago

Anyone remember xblig which Microsoft removed their whole 360 indie section removing hundreds of games from people?

2d ago
2d ago
Zeref2d ago

Do you know you can put your games on an external and preserve them that way? There are no benefits to discs. ZERO. Idk why some of you are still obsessed with them.

DarXyde2d ago

Because games like Persona 5 exist. It's STILL V1.00. On Playstation, that's a win because 1.00 is installed on the disc—no need to download anything.

If a game does not require any updates, it's all on the disc.

Extremely low bar in the modern era, of course. It's not much of a win by any stretch.

But for now, physical media does have a purpose, at least on Playstation.

Einhander19722d ago

That is factually not how game licensing works, try plugging your hard drive into someone else xbox, It's not going to work, and it won't work if the licensing servers ever go down.

Einhander19722d ago

Anyone remember games for windows live.

I have around a dozen games, some on Steam itself that will not work because Microsoft shut off the licensing servers.

BehindTheRows2d ago (Edited 2d ago )

I do. I STILL have games (Gears of War being the big one) I cannot access because Games for Windows LIVE is total garbage and no one has held Microsoft accountable.

Zeref2d ago (Edited 2d ago )

You don't have an Xbox apparently. Because you can 100 percent plug in your external and play games from it on any Xbox console lol. You just have to be logged in to prove ownership.

Chevalier2d ago

"You don't have an Xbox apparently. Because you can 100 percent plug in your external and play games from it on any Xbox console lol. You just have to be logged in to prove ownership."

Damn how many times do people got to explain your idiocy to you? You can take a copy of Persona 5 like someone used as an example and play that game on ANY console WITHOUT logging in which means I can lend the game to a friend without internet and they can play my game. Can you lend your hard drive to anyone without logging in for them to play? NOPE. That is a huge difference and if you think otherwise then sorry you're an idiot.

Tacoboto2d ago

"No gaming company has pushed harder to remove ownership than Microsoft."

Ubisoft is literally erasing games people bought from their libraries... My PS1-3 discs are useless on modern hardware. Nintendo's re-published and resold almost their entire Wii U library, and the eShop is completely dead with no BC mechanism in the Switch software. Microsoft publishes everything they make today day one on Steam and Xbox/Windows. Sony only brings to PC the titles they think you might want some years later and Nintendo won't even design a functional long-lasting joystick.

You're absolutely trolling and not serious if you think Microsoft today is the worst offender.

shinoff21831d 22h ago

Yay steam

Not everyone fks with computers though. The disc is still the best way as a console player. Period.

Tacoboto1d 19h ago

How do Sony and Nintendo feel about these discs from 2001-2013?

Don't be stupid, you know Xbox is the best at this today.

+ Show (3) more repliesLast reply 1d 19h ago
Hofstaderman2d ago

Nobody wants this. Sales or the lack of it in the case of XBOX is very telling. I wonder how the adorably all digital series X will fare. Adorably dismal perhaps?

crazyCoconuts2d ago

Only time will tell, but for from someone like me suspecting that Xbox is trying to gracefully exit the console market, that "forward compatibility" team is trying to get Xbox games playing on Windows PCs. I mean, it's nice that they're not planning on exiting with a "enjoy your games while the hardware still works" message, so that's nice. They still have a brand to protect via Microsoft so probably feel obligated to have a better exit strategy.

Xeofate2d ago (Edited 2d ago )

That is not their plan, their plan is to transfer users accounts to the cloud.

Phil Spencer himself said as much a few months back, plans could have changed but I think people are reading way too much into one statement where Phil said he would allow Epic on xbox because he wants to be able to sell xbox games directly on other platforms. Aka, instead of selling Sea of Thives through PSN he wants to have an xbox store to sell his games on PlayStation without giving PlayStation any money.

Again, it's extremely unlikely that Phil plans to put PC on xbox and licensing would prevent them from just giving out other publishers games purchased on xbox copies of thier games on PC, Microsoft does not own their games.

crazyCoconuts1d 8h ago

The thing that doesn't align with the cloud strategy is the giving up on exclusives. You'd still need strong exclusives for cloud streaming - it's still a "platform" , just with a lower upfront hardware investment. I feel like they've learned what PS learned with PSNow long ago. We're not ready to stream games and it's only gonna lose them money to try at this point

FinalFantasyFanatic1d 16h ago

I would love that, I'd buy up some of the Xbox games if they could run on PC, like the Rare Replay, Lost Odyssey and Dead or Alive Ultimate, probably a pipe dream though.

Show all comments (43)
90°

Nintendo's War Against Player-Made Content Will Hurt The Company In The End

Danish from eXputer: "Nintendo has historically gone against player-made content and emulation of its games. This has done much to harm the company's image."

XiNatsuDragnel9d ago

I agree nintendo hire some these folks to help in your games it'll help imo.

banger888d ago

They need to stop announcing these mods and fan remakes until they're finished. Finish it, upload it, and then if Nintendo dmca's it tough shit. Once it's online, people can share it around, even if the original download gets taken down.

Jingsing8d ago

True, but most modders need constant admiration during the process to motivate them.

PRIMORDUS8d ago

Yup, once it's a torrent nothing can be done Nintendo is helpless at that point. But it would be wise if they just had a site on the dark web, it's also easy to use with Tor and no one will bother you.

mastershredder7d ago

This is all coming from the mouth of short-sighted fandom and grifting madness.
No.... it wont. There is a clear defined reason why they don't. This is nothing new. Make your own shi7 from your own original ideas especially if you are trying to capitalize of it it. Duh.

Yeah, hire people that have zero respect or understanding for an established process. Wow. Yep. Totally makes sense.

shinoff21837d ago

Those guys that made that sonic game got a gig from sega or something along those lines and that game was dope as hell. One of the best sonics as of late.

80°

The Nintendo Partner Spotlight Sale Is The Perfect Excuse To Get These 6 Gems

Huzaifa from eXputer: "The Nintendo Partner Spotlight sale event has discounted a number of worthy titles on the Switch. Here are 6 of them you should check out."