Nintendo Blames Annual Loss On 3DS Console
It looks like the Nintendo 3DS hasn’t done as well as the company had hoped as Nintendo has just posted their first annual loss, in its financial results to the end of March 2012.
Nintendo made a loss of 37.3bn Yen which is around $459 million, although they are predicting a profit for 2013, and the loss is attributed to their new Nintendo 3DS console.
According to a recent report, the Nintendo have been selling the 3DS console at a loss, they managed to sell 13.53 million 3DS units and 36 million 3DS games, they also released some details on other device sales.
Nintendo sold a total of 9.4 million Wii consoles and a total of 102.37 million Wii games, although the device is now selling for less than before and this also apparently contributed to the loss.