Nintendo cuts dramatically in their predictions - Eurogamer.pt

now expected to sell 2.8 million Wii Us in fiscal effect, instead of the 9 million he had said.

by Jorge Loureiro Live Friday, January 17, 2014

Nintendo drastically cut its forecasts for the fiscal year that is taking place against its results over the Christmas period that did not meet your expectations.

According to Bloomberg, Satoru Iwata, President of Nintendo, announced today a conference expecting to sell 2.8 million units of Wii U console by the end of this fiscal year. Previously, the sales forecast was 9 million units.

cuts forecasts extend to other parameters. Nintendo now expects to record a net loss in the amount of 25 billion yen (€ 175.6 million). Operating income, the forecast was a gain of 100 million yen (702.4 billion euros). The new forecast is to observe a loss of 35 billion yen (about € 245.8 million).

“The revision is much worse than expected,” said Yusuke Tsunoda, one of Tokai Tokyo Securities analysts. “It will be the third consecutive year with an operating loss, which poses a serious management problem.”

Although

a situation much better than the Wii U, Nintendo also revised forecasts for the 3DS. For the current fiscal year, expects to sell 13.5 million units, a considerable cut in 18 million units expected before this review. In games, 80 million units were reduced to 66 million.

To raise sales of Wii U, Nintendo gambled before Christmas a cut of 50 euros on the price of the Premium bundle and launch the games Super Mario 3D World and The Legend of Zelda: Wind Waker HD. According to data from the NPD Group December was the best month for the Wii U, but from what we know now, was not enough to save the fiscal year.