Nintendo Wii U Still Being Sold At a Loss

The dark days continue for Nintendo.

Posted By | On 08th, Aug. 2013

nintendo-wii-u
When Nintendo released its annual financial report, it stated that the company saw an operating loss of 36.4 billion yen ($387 million) and cited hardware sales as being a major factor. This essentially means that the Wii U continues to be sold at a loss. The same was confirmed by a representative for the company to Games Industry International.

The Nintendo Wii U launched in November 2012, and president Satoru Iwata stated that each unit would be sold as a loss. Despite being downplayed since then, the loss is becoming more and more pronounced, as if Nintendo only selling 160,000 units in the last three months ending June 30th wasn’t bad enough as is.

A price drop on the Wii U looks unlikely at this point. The console currently retails for $250, with the deluxe set retailing for $300. Analysts predict that the upcoming holiday season – with games like Wind Waker HD releasing before it – will be critical for Nintendo to mount a comeback for the Wii U.


Tagged With: , ,

Amazing Articles You Might Want To Check Out!

Share Your Thoughts Below  (Always follow our comments policy!)



Keep On Reading!

Final Fantasy 7 Rebirth is the Fourth Best-Selling Game of 2024 in the US

Final Fantasy 7 Rebirth is the Fourth Best-Selling Game of 2024 in the US

Throughout the long history of Final Fantasy releases, it ranks 14th in lifetime dollar sales. Final Fantasy 7...

Starfield is Finally Getting a Land Vehicle

Starfield is Finally Getting a Land Vehicle

Mod support is also getting some new details soon, with Bethesda sending access to creators for the Creation K...

Starfield’s Next Update Adds 40 FPS, 60 FPS and Uncapped Frame Rates on Xbox Series X

Starfield’s Next Update Adds 40 FPS, 60 FPS and Uncapped Frame Rates on Xbox Series X

Console players can select a target frame rate and prioritize Visuals or Performance. Uncapped frame rates are...

Starfield’s Largest Update Launches on May 15th, Adds Surface Maps, Extreme Difficulty, and More

Starfield’s Largest Update Launches on May 15th, Adds Surface Maps, Extreme Difficulty, and More

New interior customization tools for space ships, respeccing your appearance and Traits in New Game Plus and m...

Batman: Arkham Shadow Announced for Meta Quest 3, Launches This Year

Batman: Arkham Shadow Announced for Meta Quest 3, Launches This Year

Developed by Camouflaj of Marvel's Iron Man VR fame, the VR title will be unveiled in full at Summer Game Fest...

Helldivers 2 Ranks 7th in Lifetime Dollar Sales for Sony-Published Titles in the US

Helldivers 2 Ranks 7th in Lifetime Dollar Sales for Sony-Published Titles in the US

Arrowhead Game Studios' acclaimed co-op shooter is still the best-selling premium title of the year to date in...