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Post by Eorl @ 10:56am 01/08/13 | 9 Comments
Nintendo has released its first quarter 2014 earnings results, along with information on both hardware and software units shipped worldwide. First off the bat is finances, which are looking good for any would-be investors. The report returns a positive net income and ordinary income at ¥8.62 billion ($88.1 million), however its the hardware side of things that starts to tell a more worrying story for Nintendo.

In 3DS news, the handheld console is continuing to show a strong performance worldwide, with hardware numbers at 1.4 million in the quarter ending June 30, 2013. Software sales are also at quite large high, with a number of titles passing the one million mark including the hit title Animal Crossing: New Leaf, which found sales of 1.54 million units worldwide and 3 million in japan.

Sadly though in Wii U news, it isn't looking as grand as their handheld. Hardware sales for the new consoles slumped to just 160,000 within the three month period, bringing the total Wii U sales to 3.61 million. This quarter saw total first-party software sales for the console only amount to 1.03 units for the Wii U. To rub salt into the wound the report also revealed that the Wii has sold 210,000 units compared to the nine-month old console.
For the "Wii U" system, we will attempt to concentrate on proactively releasing key first-party titles from the second half of this year through next year to regain momentum for the platform. Starting with Pikmin 3, which was released in Japan and Europe in July and will be released in United States in August, we plan on releasing key titles such as The Legend of Zelda: The Wind Waker HD, Wii Party U, Donkey Kong Country: Tropical Freeze, Super Mario 3D World and Wii Fit U. Moreover, Nintendo strives to improve the sales by communicating the compelling nature of our hardware and software to as many people as possible through our new network service called "Miiverse," which offers an environment where people can empathize with others and share their gaming experiences. We also strive to improve hardware profitability by reducing the costs.
Nintendo are holding steady on their forecasting, putting the company at ¥55 billion net income ($563.3 million) at the end of the current fiscal year. Sales predictions are also remaining unchanged, with the company targeting sales of 900,000 Wii U units and 1.8 million 3DS handhelds. Hopefully we can see the Wii U picking up its slack at some stage, but for now we'll have to wait and see what Nintendo has in store.

For the full financial report, you can find the sales summary here and the financial report here.

nintendowiiwii u3dssoftware salesquarter report

Latest Comments
Posted 11:47am 01/8/13
Nintendo's management needs to be taken out back and shot. How they could squander the freight train that was the Wii I do not know, but this is a complete clusterf***.

I met a traveller from an antique land
Who said: Two vast and trunkless legs of stone
Stand in the desart. Near them, on the sand,
Half sunk, a shattered visage lies, whose frown,
And wrinkled lip, and sneer of cold command,
Tell that its sculptor well those passions read
Which yet survive, stamped on these lifeless things,
The hand that mocked them and the heart that fed:
And on the pedestal these words appear:
"My name is Ozymandias, king of kings:
Look on my works, ye Mighty, and despair!"
Nothing beside remains. Round the decay
Of that colossal wreck, boundless and bare
The lone and level sands stretch far away

I hope Sony and MS are taking notes.
Posted 12:19pm 01/8/13
Wow, not surprising really, I think they should have waited until the software was available before releasing the Wii U. I think it's left a sour taste for a lot of people.
Posted 12:38pm 01/8/13
How they could squander the freight train that was the Wii I do not know

the wii gimmick was only going to last so long*

re-releasing it with a new controller was a bad idea

*sorry unless you're the only person in brisbane and most likely australia still playing their wii religiously
Posted 12:42pm 01/8/13
eski, do you realize you are actually quoting Cranston's Breaking Bad monologue?
Posted 12:54pm 01/8/13
Ozymandias just felt right, y'know?
Posted 02:16pm 01/8/13
2 games since launch worth buying, one having only just come out
A console virtually identical to the last to the point where many consumers thought the WiiU was just another peripheral for the Wii
A price almost comparable to the PS4
Next to zero advertising

It's like it has been engineered to fail
Posted 02:34pm 01/8/13
Nintendo tried to innovate with the Wii remote, and they hit a home run. Then they tried to innovate with the Wii U 'thing', and struck out.
Posted 03:53pm 01/8/13
They hit a home run because they boxed a free game that showed off the abilities and some of the potential of the remote excellently.
The Wii-U remote likely has plenty of potential, no one has realized it though. Not even Nintendo.
Posted 04:10pm 01/8/13
*sorry unless you're the only person in brisbane and most likely australia still playing their wii religiously

Still playing Metroid Prime Trilogy and classic Nintendo games.
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