Nintendo Post 5 Billion Yen Losses As Hardware Sales Decline

There’s been a lot of optimism surrounding Nintendo for the last few weeks, but the reality is that it’s a company in a kind of limbo, as they wait to reveal and release their next console hardware – not that this stopped it leaking. In the meantime, Wii U and 3DS sales have continued to stagnate, and that’s seen the company post operating losses of 5 billion yen ($47.7 million) from next sales of 61.1 billion yen in the last quarter.

Some of this the company can blame on the relative strength of the yen, but there’s no escaping that hardware sales have declined further. The Wii U sold 220,000 units, pushing it past the 13 million mark, while the Nintendo 3DS dropped from 1.01 million sales to 0.94 million, with a robust 59.97 million sales.

However, it’s not all doom and gloom looking forward. Amiibo have remained popular, with 1.7 million figures and 1.3 million cards sold in the last quarter, while Pokémon Go’s success should rub off on Pokémon Sun & Moon’s release in November, which Nintendo predict will help the 3DS to 5 million sales over the course of this financial year. Nintendo will also be looking to replicate the successes of Pokémon Go and Miitomo, when they launch smartphone games based on Fire Emblem and Animal Crossing later this year.

Source: Nintendo, via Engadget, Eurogamer

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3 Comments

  1. It’s a shame when gaming companies post a loss so I hope they do better when the NX is released, although from what I read it’s not looking good for it. Maybe when it’s officially revealed people will be more interested in it.

  2. Isn’t 5 Billion yen like £5 though?

    • Like it says $47.7 million or £36,394156.02

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