Nintendo cut its sales forecast for this year consoles

By -

The Japanese manufacturer has left Nintendo consoles losses in the first nine months of its fiscal year.The company achieved a net profit between April and December 2012 of 14,545,000 yen (118 million euros), compared with a loss of 48.351 million yen recorded in the same period last year.

The turnover of the company, a rival of Microsoft and Sony in this market, amounted to 543,033,000 yen (4.394 million euros), representing a decrease of 2.4%, while its operating result, despite throwing losses of 5.857 million yen (47 million euros), representing three times less than in the same period last year, when totaled 16.408 million yen.

In contrast, the Japanese giant has said it could register a negative operating profit of 20,000 million yen in its fiscal year that ends March 31. Previously, the company had expected this magnitude would stand at 20,000 million positives. The Japanese giant has cut its sales forecast for the Wii U from 5.5 million to 4 million units and the 3DS and DS, beaten by smartphones, from 17.5 million units to 15 million and the 2.5-2300000 respectively.

Shares of Nintendo, which has failed to replicate the success of the original Wii with its new products, arrived in Germany fell by 5.7% while in Japan fell 2.4%, while the market closed before the firm forecasts published.

Declining sales of Wii and DS

Nintendo blamed the fall in revenues in the first nine months while your Nintendo 3DS has raised its hardware sales by 11% last year and 41% in software has not been enough to offset the decline in sales of hardware and software Wii and Nintendo DS. Another reason put forward was the yen’s strength against the euro.

Between April and December 2012, Nintendo sold 21.45 million consoles and gaming 126,570,000 worldwide. The company plans to launch a “wave of games” to boost sales from March 2013 until the end of the year and in 2014.

He have started blogging on Technology and computer at his college time in 2005 and worked with many reputed organization in India. He wrote many guest post for Technology magazine and newspapers worldwide. His writing and passion about Technology make him different from other writers in the global market. He love to write the review and thoughts on any new Technology and invention in current happenings.

Comments are closed.