Wii U sells 31 percent fewer consoles than expected

nintendo wii u sales

The analysts were right, and the analysts were wrong. Nintendo, one of the pillars of the video game industry, reported its earnings for the fiscal year ending in March on Wednesday morning. For the company’s shareholders exhausted by two years of declines coming after the Wii and Nintendo DS boom years, there’s cold comfort inside of Nintendo’s latest numbers. On the one hand, thanks in part to the strength of the Japanese yen, Nintendo managed to return to profitability, pulling in full year profits of around $71 million. On the other hand, that’s 50-percent lower than past projections of around $142 million (earnings per share were actually less than half what the company projected). With the Nintendo Wii U’s poor showing in the console market, Nintendo’s coming year looks like a hard one. 

Following the holiday 2013 release of Wii U, Nintendo actually downgraded its expectations for the fiscal year. It could see, even then, that sales were slowing to a degree that it was unprepared for. Before the Wii U released, Nintendo expected to sell 5 million consoles by the end of March. In January, having sold 3 million Wii Us worldwide by the end of the month, Nintendo revised its expectations to 4 million consoles. It couldn’t even manage that.

Reports of dire monthly Wii U sales proved all too true. Nintendo only managed to sell 390,000 Wii Us over the first three months of 2013, bringing the worldwide total to 3.45 million. Persistent reports that the Wii U’s attach rate – the number of games sold to each console owner – are terribly low were softened somewhat though, as Nintendo reported 13.4 million software sales worldwide, just fewer than four games per console sold.

The Nintendo 3DS is doing better, but it still managed to miss Nintendo’s projections for the fiscal year. The company expected to sell 15 million 3DS handhelds but only managed to sell 13.95 million. Lifetime sales of the console are up to over 31 million, putting ahead of the Nintendo DS after two years on the market.

Some expected company president Satoru Iwata to resign from his post in the event that Nintendo missed its projections for the year. Iwata is not resigning, but Nintendo will undergo a major corporate restructuring to streamline “decision making and enhance Nintendo’s organizational agility in the current competitive environment.” Under the new set up, Iwata will assume the role of CEO of Nintendo of America, taking over the position of Tatsumi Kimishima, while Reggie Fils-Amie willl remain as President and COO, reporting to Iwata. Kimishima will in turn be promoted to NCL managing director where he will oversee corporate analysis and other management duties.

Gaming

From PUBG to Apex Legends, this is how battle royale happened

Battle royale games like PlayerUnknown's Battlegrounds’ and Fortnite have become the biggest trend in video games. The genre is also pushing the envelope in Twitch streaming and eSports.
Deals

Hook up your Nintendo Switch with these deals on accessories right now on Amazon

The Nintendo Switch is a portable system with tons of accessories. The problem is, hooking it up doesn't come cheap. Every week, we look for the best deals on Nintendo Switch accessories on Amazon so you don't have to.
Deals

The best Nintendo Switch deals and bundles for March 2019

Looking to score Nintendo's latest console? We've smoked out the best Nintendo Switch deals right here, including discounts on bundles that feature must-have games like Super Mario Odyssey, Super Smash Bros. Ultimate, and Zelda: Breath of…
Gaming

Have an issue with your 3DS? We can help you fix it with these common solutions

The Nintendo 3DS has seen its fair share of issues since it launched in 2011, including poor battery life and fragile Circle Pads. Here are some of the most common, as well as the steps you can take to solve them.
Gaming

You're not a true fan without these Nintendo Switch exclusives

Who doesn't love a good Nintendo game? If you're looking for great first-party titles for your Nintendo Switch, take a look at our list of the very best exclusives available right now.
Gaming

How to sync and troubleshoot your PS4's DualShock 4 controllers

Sony's Bluetooth-enabled DualShock 4 controllers for PlayStation 4 are some of the best on the market, but connection issues aren't unheard of. Here's how to sync them to your console.
Product Review

The Division 2 brings the most fun we've ever had to Washington, D.C.

After 55 hours with The Division 2, it’s clear that Ubisoft has improved on the original in almost every way. The world is richly detailed, the story missions are wonderful, gunplay and enemy design are great, and the endgame content is…
Gaming

The best of the last generation: Our 50 favorite Xbox 360 games

The Xbox 360 thrived during a generation where games were plentiful. Here's our list of the best Xbox 360 games of all time, including all game genres and even a few special indie hits.
Gaming

The Division 2 is another loot shooter with a dull story. Does it matter?

The Division 2 has a story to tell. It's not a good story. It's not told very well. But by-golly, The Division 2 is going to make you sit your ass down and listen whether you want to or not.
Gaming

A new hope is lost as Disney dismisses rumors of a revival of Lucasfilm Games

According to job listings on the Disney website, the company has plans to revive Lucasfilm Games. This comes as a surprise following the shuttering of LucasArts in 2013 and could potentially mean more Star Wars games.
Gaming

Last gen had some hits! Take a look at the best PS3 games of all time

Choosing the right PlayStation 3 game can be a conundrum, especially when there are nearly 1,500 titles to choose from. Thankfully, we've rounded up the best games to have ever made it to the platform.
Computing

Oculus shows off the Rift S, plans to phase out its original VR headset

Oculus plans to phase out its flagship Rift VR headset for its newly created Rift S. The Rift S made its debut this week at the 2019 Game Developers Conference and is expected to be released in spring 2019.
Gaming

Epic Games is offering $100 million to game developers with no catch

Epic Games launched a new grant program called Epic MegaGrants. The program will dish out $100 million in funds to developers working in the 3D graphics community, even if they don't use Unreal Engine.
Gaming

The best PUBG weapons to win you that coveted chicken dinner

Which weapons in PUBG are worth the time to scout out and fit with attachments? Which are going to help you become the last player standing? We've got the answers you need in our best PUBG weapons guide.