Nintendo cuts Wii U sales expectations

Will the Wii U reach the heights that the Wii reached? Well, sales projections released by Nintendo cast significant doubt on that happening. Nintendo sold 3.06 million Wii U consoles worldwide since November through the end of 2012, but expects momentum to falter. So the company has cut sales expectations from 5.5 million units through the end of March to four million.
wii u console
That is a significant cut. The launch of the Wii U has a “negative impact on Nintendo’s profits,” so it is expected that they will have a second straight loss for the fiscal year. This is typical for a new console and profits made are usually made with game sales.

Nintendo sold 11 million Wii U games through the end of the holiday season, with two million for both New Super Mario Brothers U and NintendoLand. Mario creator, Shigeru Miyamoto, said that Wii U demand will increase when people try it out and “see it is fun.” We shall see.

Source Electronista

Filed Under: Gaming News, Technology News