The quarterly financial results for Nintendo has just been released, and the numbers aren’t as terrible as everyone has made them to seem. There are still losses, but not in the way you would expect. For example, the Wii U sold 2.41 million consoles worldwide from April 1 – December 31 of last year, bringing the life-to-date total worldwide Wii U units sold to just over 5.86 million. Comparatively, the PS4 had sold 4.2 million total units worldwide, from November 15 – December 28th last year, and the Xbox One sold over 3 million total units, between November 22 – December 31st of 2013.
Wii U Software titles for the same period totaled 15.96 million, with both numbers failing to reach the already-slashed forecast of 2.8 million hardware units and 19 million software titles.
Other pertinent info includes Nintendo maintaining an operating loss of 1.57 billion Yen (down from R&D resources necessary for development of the Wii U in 2012) and a Net Income of 10.19 billion Yen (down 29.9% from last year). The company is still profitable, it’s just that they lost both growth and valuation of the company.
Furthermore, their software sales are nothing to snuff at. Over the 9 month period, Pokemon X & Y sold 11.61 million units (launched in October), Animal Crossing: New Leaf sold 3.52 million units, and The Legend of Zelda: The Wind Waker HD, Wii Party U and Super Mario 3D World each sold more than a million units worldwide.
The financial coffers for Nintendo are gigantic. They could conceivably go through a console generation or two of sales similar to what the Wii U is going through right now. That’s not going to make the shareholders happy, however, so we’ll have to see how the company reacts. There are changes afoot; hopefully they are for the better.
To read the full financial report for yourself, click here. See how well you fare!
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