Nintendo Profits Sustained, Despite Having Sold Only 160k Wii Us

Nintendo profits header--article_image

In this past financial quarter, which ended June 30th, Nintendo profits of about 8.62 billion yen which is roughly $88 million USD were reported.  Nintendo also said their quarterly sales dropped to 3.8% to 81.5 billion yen or $832.8 million USD.  The interesting part out of all of this is that nearly 64% of that revenue was brought in by sales outside of Japan, which is a good sign that the Big N is finally getting a good running pace to lock in important revenue from the U.S. and UK.

It was also reported that about 12.4% of the revenue total came in through digital sales.  While Nintendo CEO Satoru Iwata is adamant that strong 3DS sales are what helped regain some profit it has been noted that many analysts believe it is actually the weak value of the yen that helped Nintendo post their current total income brought in.  Sales of hardware such as the 3DS fell 25% year-on-year to 1.4 million and only 160,000 Wii Us sold worldwide during the last quarter.  The actual breakdown of Wii U units sold was 90,000 in Japan, 60,000 in the U.S. and 10,000 everywhere else.

Hot titles for the 3DS such as Animal Crossing: New Leaf  of which 5 million copies have sold and Luigi’s Mansion: Dark Moon  which has sold 2.65 million copies have helped the 3DS software sales move to 49% year-on-year with 11 million total copies of 3DS software sold.  Originally, the goal set for consoles sold back on March 31st for Wii U was 5.5 million however large sales numbers have been lackluster with only 3.61 million units total having been sold.  As far as software, Wii U software sales went into a downward spiral to 51.3% year-on-year to 1.03 million copies this last quarter.

Right now Nintendo is forecasting 100 billion yen or $1.02 billion USD in operating cost and 55 billion yen or $563 million USD in net income for the current financial year.

{Source: Neoseeker}

Exit mobile version