Nintendo lowers forecast for hardware and software for this FY; quarterly earnings out

Posted By | On 26th, Jan. 2012

Nintendo’s quarterly results are out, and there are some interesting things in there. Nintendo posted 556,000 million Yen worth of sales for the first 9 months of this FY, and this is lower than the 807,990 million Yen they posted for the same period last year.

The good news is that the 3DS is past 15 million units worldwide after selling 11.03 millions this FY. Nintendo is now projecting 14 million units instead of 16 million they projected earlier. They have lowered the software projection for the system from 50 million to 38 million.

Nintendo blamed the loss on Wii and 3DS price drops and strong Yen. It isn’t surprising that most of the sales for Nintendo are outside Japan. The losses due to the exchange rate were 53.7 billion Yen.

Meanwhile, the Wii is closing to 100 million units, and sold 8.96 million units this FY with a few months to go. The DS passes 150 million units as well.

Nintendo is expecting to post a 65,000 million Yen this FY. On the bright side, Mario Kart 7 and Super Mario 3D Land both passed 1 million, but the attach ratio for the 3DS remains at 2.5, which is very low.

Complete report with plenty of numbers are available here.

Tell us what you think in the comments section below.


Tagged With: , ,

Keep On Reading!

State of Decay 3 Developer Could Face Closure With Impending Xbox Layoffs – Rumor

State of Decay 3 Developer Could Face Closure With Impending Xbox Layoffs – Rumor

Like Double Fine Productions, Ninja Theory and Compulsion Games, Undead Labs may shut down if it doesn't find ...

PlayStation’s Next-Gen Platform Seeks “A Seamless Experience” Enjoyable “Beyond the Living Room”

PlayStation’s Next-Gen Platform Seeks “A Seamless Experience” Enjoyable “Beyond the Living Room”

SIE president Hideaki Nishino says the company aims "to deliver value unique to PlayStation" rather than "serv...

Assassin’s Creed Black Flag Resynced vs Original – 15 More Changes That Stand Out

Assassin’s Creed Black Flag Resynced vs Original – 15 More Changes That Stand Out

Beyond graphics and combat, the changes highlighted in this feature reshape how Black Flag Resynced plays at a...

The Next Ghost Recon Has Become One Big Question Mark

The Next Ghost Recon Has Become One Big Question Mark

It's been almost seven years since the last Ghost Recon, but despite initial promise, the next title seems to ...

College Football 27 Might Finally Make Dynasty Mode The Star

College Football 27 Might Finally Make Dynasty Mode The Star

A couple of iterations later, and we might be getting a Dynasty Mode that builds on its predecessor’s strong...

15 Big Games Launching in July 2026

15 Big Games Launching in July 2026

A deluge of releases awaits in the months leading up to GTA 6, and it all starts in July. Check out all the ke...