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."
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.
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?
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.
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.
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. ;)
hey lol_wut your mama had a price cut and she still doesnt get played. so do you really think the wiiu need one.
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?
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?
Wait. Last year? You mean the one month it was out?
No - this refers to the fiscal year ended March 31, rather than a regular year
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.
They weren't really sold out? Why would Nintendo say they were then? How would they benefit from that?
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.
"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!?
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.
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.
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.
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.
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...
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
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.
@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...
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
the wii u sold 3.45 million with only mario and nintendo land...2 games damn i cant wait to see what happens when the real games come out..
seriously ....real games???? only things that sells on nintendo are mario and zelda...
at least thats better than the top 5 selling games of the xbox 36o and ps3...IMO xbox 36o http://www.vgchartz.com/pla... ps3 http://www.vgchartz.com/pla... i dont mean in sells... i mean the quality of the games that move systems
please .....my 360 /ps3 will last over an year full of AAA titles ... hows your wii doing?
@Vishmarx Donkey Kong Country Returns - 6 Million Wii Sports Resort - 31 Million Metroid Prime 3 Corruption - 1.7 million Super Smash Bros Brawl - 12 million Kirby's Epic Yarn - 2 million Punch Out - 2 million Pokemon Battle Revolution - 2 million Only Mario and Zelda? Right.....
@Theyellowflash On a console that sold 99 million units. Bigger user base = Bigger sales. The WiiU has a much smaller userbase so lets see how well Donkey Kong, Kirby, Star Fox etc do compared to Mario on this console shall we. Oh and..Your Lists combined sales = 57 Million MARIO kart Wii - 34 Million New super MARIO bro Wii - 27 Million MARIO Galaxy - 11 Million MARIO Party 8 - 8 Million MARIO Galaxy 2 - 7 Million ZELDA TP - 7 Million ZELDA Skyword - 4 Million That list of Mario and Zelda games = 98 Million
@ Mr Writer Having a bigger install base, doesn't diminish the fact the more than Mario and Zelda sell on Nintendo platforms. Nintendo puts out more Mario games, so of course there will be a higher sales ratio of Mario compared to a Donkey Kong or Kirby.
@Mr_Witer, funny how you call out user base for dismissing Wii sales(out of context I might add, since most of those sales were achieved when the console had only half its current market share), but then fail to apply the same logic to the Wii U sales vs. other consoles. Biased nitpicking much? Also, "Mario" isn't a game genre. He is a character/mascot that appears in games of mulitple genre's. Its also only 11 million, far lower than what you are trying to miscronture it as, for Zelda. If you are going to right off all of the games sales as "Mario and Zelda" then I could do the same with the PS3/360 by saying "Gun games". What percentage of 360/PS3 games sales is "Gun games"?
go check the list of game units sold that nintendo has posted then tell me its only mario and zelda that sells (by the way there's only one zelda in the rather big list) this is why nintendo is not doomed.