{"id":1694,"date":"2013-01-30T12:03:18","date_gmt":"2013-01-30T17:03:18","guid":{"rendered":"http:\/\/www.darkainarts.com\/gamers\/?p=1694"},"modified":"2013-01-30T12:03:18","modified_gmt":"2013-01-30T17:03:18","slug":"nintendo-forecasting-a-year-end-loss","status":"publish","type":"post","link":"https:\/\/www.darkainarts.com\/gamers\/2013\/01\/nintendo-forecasting-a-year-end-loss\/","title":{"rendered":"Nintendo Forecasting a Year-End Loss"},"content":{"rendered":"<p>Nintendo has sold just over three million Wii U systems worldwide between the system&#8217;s launch in November and the end of December. 1.3 million of those systems sold were sold in North America.<\/p>\n<p>The sales, while great, are off from initial forcasted expectations where the company had looked to sell 5.5 million consoles worldwide before the end of March. That forcast has been shifted to four million systems.<\/p>\n<p>Nintendo is blaming softer demand for older systems, including the original Wii.<!--more--><\/p>\n<p><OBJECT classid=\"clsid:D27CDB6E-AE6D-11cf-96B8-444553540000\" codebase=\"http:\/\/fpdownload.macromedia.com\/get\/flashplayer\/current\/swflash.cab\" id=\"Player_16111a76-5d2f-4b53-bad4-8802370bc30c\"  WIDTH=\"250px\" HEIGHT=\"250px\" align=\"right\"> <PARAM NAME=\"movie\" VALUE=\"http:\/\/ws.amazon.ca\/widgets\/q?rt=ss_ssw&#038;ServiceVersion=20070822&#038;MarketPlace=CA&#038;ID=V20070822%2FCA%2Fupn11-20%2F8003%2F16111a76-5d2f-4b53-bad4-8802370bc30c&#038;Operation=GetDisplayTemplate\"><PARAM NAME=\"quality\" VALUE=\"high\"><PARAM NAME=\"bgcolor\" VALUE=\"#FFFFFF\"><PARAM NAME=\"allowscriptaccess\" VALUE=\"always\"><\/OBJECT> <NOSCRIPT><A HREF=\"http:\/\/ws.amazon.ca\/widgets\/q?rt=ss_ssw&#038;ServiceVersion=20070822&#038;MarketPlace=CA&#038;ID=V20070822%2FCA%2Fupn11-20%2F8003%2F16111a76-5d2f-4b53-bad4-8802370bc30c&#038;Operation=NoScript\">Amazon.ca Widgets<\/A><\/NOSCRIPT>Nintendo had originally forcasted on October 24th that they would make a \u00a520 million Yen profit by the end of March. That forcast has been modified to a loss of \u00a537 million, which is a 17.3% decrease.<\/p>\n<p>Nintendo explained the change in the financial report:<\/p>\n<blockquote><p>The earnings forecast has been modified to reflect a lower-than-expected sales outlook based on the sales performance in the year-end sales season and afterward. Also, exchange rate assumptions have been revised from 80 yen to 90 yen per U.S. dollar, and from 100 yen to 120 yen per euro, in consideration of the trend of the recent exchange rate situation.<\/p><\/blockquote>\n<p>There has been suspicion that the softer than expected sales for the Wii U were due to the fact that Nintendo offered two different models of the system. People who wanted the premium bundle, which cost $50 more but also contained quite a few bonuses, were unable to get one when they sold out at local retailers. Those consumers opted to wait until they could get their hands on the more expensive bundle, leaving the cheaper Wii U on the shelves.<\/p>\n<p>On a positive side both Nintendo Land and New Super Mario Bros. U have sold over two million copies.<\/p>\n<p>What do you think? Do you have a Wii U yet? If you don&#8217;t are you planning on purchasing the system in the near future?<\/p>\n<p>Check out the full <a href=\"http:\/\/www.nintendo.co.jp\/ir\/pdf\/2013\/130130_2e.pdf\">financial report here<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nintendo has sold just over three million Wii U systems worldwide between the system&#8217;s launch in November and the end of December. 1.3 million of those systems sold were sold in North America. The sales, while great, are off from initial forcasted expectations where the company had looked to sell 5.5 million consoles worldwide before [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1212,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[75],"tags":[1386,1395],"class_list":["post-1694","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nintendo-wii-u","tag-nintendo","tag-nintendo-wii-u"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.darkainarts.com\/gamers\/wp-content\/uploads\/2012\/11\/WiiUDeluxe.jpg","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p6HXYU-rk","jetpack-related-posts":[{"id":3148,"url":"https:\/\/www.darkainarts.com\/gamers\/2013\/07\/wii-u-sales-soft-while-3ds-is-strong\/","url_meta":{"origin":1694,"position":0},"title":"Wii U Sales Soft While 3DS is Strong","date":"July 31, 2013","format":false,"excerpt":"Nintendo released their global sales today. The good news is that net and ordinary income is in the green at \u00a58.62 billion ($88.1 million). Also 3DS sales were strong last quarter. The bad news is that Wii U sales were on the opposite end if the sales spectrum. The 3DS\u2026","rel":"","context":"In &quot;Nintendo 3DS&quot;","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.darkainarts.com\/gamers\/wp-content\/uploads\/2013\/04\/nintendo_wii_u.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":1434,"url":"https:\/\/www.darkainarts.com\/gamers\/2013\/01\/nintendo-wii-u-sales-more-than-30-million-through-first-six-weeks\/","url_meta":{"origin":1694,"position":1},"title":"Nintendo Wii U Sales More than $30 Million Through First Six Weeks","date":"January 11, 2013","format":false,"excerpt":"Nintendo announced some sales numbers for their new Nintendo Wii U console yesterday. According to sales figures Nintendo's new console sold 460,000 units in December and has now sold nearly 890,000 units in the United States since it's launch in November. To date, Wii U hardware sales have generated more\u2026","rel":"","context":"In &quot;Nintendo 3DS&quot;","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.darkainarts.com\/gamers\/wp-content\/uploads\/2012\/11\/WiiUDeluxe.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":5754,"url":"https:\/\/www.darkainarts.com\/gamers\/2014\/07\/mario-kart-8-revving-up-towards-1-million-sold\/","url_meta":{"origin":1694,"position":2},"title":"Mario Kart 8 Revving up Towards 1 Million Sold","date":"July 18, 2014","format":false,"excerpt":"Mario Kart 8 is on its way towards being a one million seller. In data released today by Nintendo, the latest Mario racer has sold 470,000 physical and digital units in the month of June in the United States. Add that to May sales and the current number at the\u2026","rel":"","context":"In &quot;Nintendo Wii U&quot;","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.darkainarts.com\/gamers\/wp-content\/uploads\/2014\/04\/mario_kart_8.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":5601,"url":"https:\/\/www.darkainarts.com\/gamers\/2014\/06\/mario-kart-8-sells-more-than-a-million-copies\/","url_meta":{"origin":1694,"position":3},"title":"Mario Kart 8 Sells More than a Million Copies","date":"June 2, 2014","format":false,"excerpt":"Mario Kart 8 has sold over a million copies in its opening weekend. The latest entry into the series, and first on the Wii U, launched around the world this weekend. The game has also been seeing very positive reviews and had total sales if $1.2 million since launching. Those\u2026","rel":"","context":"In &quot;Nintendo Wii U&quot;","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.darkainarts.com\/gamers\/wp-content\/uploads\/2014\/04\/mario_kart_8.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":3682,"url":"https:\/\/www.darkainarts.com\/gamers\/2013\/09\/nintendo-drops-the-price-on-several-wii-games\/","url_meta":{"origin":1694,"position":4},"title":"Nintendo Drops the Price on Several Wii Games","date":"September 6, 2013","format":false,"excerpt":"Nintendo announced a price drop of three of their most popular Wii games today. The games have all surpassed the million mark in unit sales and have been reduced in price. The three Wii games which are now available for a lower price are Super Mario Galaxy 2, New Super\u2026","rel":"","context":"In &quot;Nintendo Wii&quot;","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.darkainarts.com\/gamers\/wp-content\/uploads\/2013\/09\/super_mario_galaxy_2.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":6718,"url":"https:\/\/www.darkainarts.com\/gamers\/2015\/01\/wii-u-closes-out-2014-with-biggest-sales-month-in-the-systems-history\/","url_meta":{"origin":1694,"position":5},"title":"Wii U Closes out 2014 with Biggest Sales Month in the System&#8217;s History","date":"January 15, 2015","format":false,"excerpt":"Wii U established new benchmarks for hardware and software sales in a single month in December. This helped total hardware and software sales in 2014 increase by more than 29 percent and more than 75 percent, respectively, over sales in 2013. Nintendo 3DS also had a strong December, including its\u2026","rel":"","context":"In &quot;Nintendo Wii U&quot;","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.darkainarts.com\/gamers\/wp-content\/uploads\/2013\/08\/wii_u_deluxe_set.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.darkainarts.com\/gamers\/wp-json\/wp\/v2\/posts\/1694","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.darkainarts.com\/gamers\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.darkainarts.com\/gamers\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.darkainarts.com\/gamers\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.darkainarts.com\/gamers\/wp-json\/wp\/v2\/comments?post=1694"}],"version-history":[{"count":6,"href":"https:\/\/www.darkainarts.com\/gamers\/wp-json\/wp\/v2\/posts\/1694\/revisions"}],"predecessor-version":[{"id":1700,"href":"https:\/\/www.darkainarts.com\/gamers\/wp-json\/wp\/v2\/posts\/1694\/revisions\/1700"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.darkainarts.com\/gamers\/wp-json\/wp\/v2\/media\/1212"}],"wp:attachment":[{"href":"https:\/\/www.darkainarts.com\/gamers\/wp-json\/wp\/v2\/media?parent=1694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.darkainarts.com\/gamers\/wp-json\/wp\/v2\/categories?post=1694"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.darkainarts.com\/gamers\/wp-json\/wp\/v2\/tags?post=1694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}