Nintendo cuts Wii U & 3DS Sales Forcast, Profits are up
Nintendo has reduced their sales forecast for the fiscal year ending in March 31st 2013. This was because the Wii U and 3DS did not sell quite as well as Nintendo had hoped. Despite the cut, the company did post a profit and increased net income for the full year.
VG247 received a report from Nintendo stating the company posted a net income of ‘¥14.5 billion for the nine-month period ending December 31st, and as such has raised its full-year net income projection from ¥6 billion to ¥43.2 billion. The company posted an operating loss of ¥5.85 billion for the period, which is a significant improvement over its ¥16.4 billion operating loss for the same period last year.’
Nintendo now expects to sell 4 million Wii U consoles by the end of March 2013, slashing its projection of 5 million units made back in October of 2012. Nintendo has set the 3DS to sell 15 million units, instead of the 17.5 million units they projected.
Software sales have hit 11.69 million for the Wii U alone. But Nintendo did cut there sales projection from 24 million to 16 million. New Super Mario Bros U has sold 2.01 million units, while Nintendo Land, the pack in game with the Wii U deluxe model has sold 2.33 million units.
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