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!

Keep On Reading!

No, Final Fantasy 7 Remake Part 3 Isn’t a Shorter Game Than Rebirth, Clarifies Game Director

No, Final Fantasy 7 Remake Part 3 Isn’t a Shorter Game Than Rebirth, Clarifies Game Director

"It’s not about cutting out content; it’s making sure that it feels right, the speed at which the story pr...

Pokémon Legends: Z-A Was the Biggest Physical Game Launch in the US Since Tears of the Kingdom

Pokémon Legends: Z-A Was the Biggest Physical Game Launch in the US Since Tears of the Kingdom

Game Freak's latest had a strong debut in the region, both in physical units sold and overall dollar sales, ac...

ARC Raiders Trailer Paints a Post-Apocalyptic Picture of Hope Before Revealing Its Biggest ARC Yet

ARC Raiders Trailer Paints a Post-Apocalyptic Picture of Hope Before Revealing Its Biggest ARC Yet

The Queen seemingly has company, as a massive new ARC is revealed for Embark's extraction shooter ahead of thi...

Battlefield: RedSec is Free-to-Play – Battle Royale Confirmed for October 28th Launch

Battlefield: RedSec is Free-to-Play – Battle Royale Confirmed for October 28th Launch

The first battle royale mode in the series since Firestorm is dropping tomorrow and will be free for everyone ...

Former PlayStation Exec Says Chasing Live-Service Like Fortnite is like a “Mirage” on a “Sand Dune”

Former PlayStation Exec Says Chasing Live-Service Like Fortnite is like a “Mirage” on a “Sand Dune”

Shawn Layden spoke about his time at Sony working on single-player games, and the company's change in prioriti...

Former Halo: Combat Evolved Developer Says Halo: Campaign Evolved “Feels Genuine” and is “Gorgeous”

Former Halo: Combat Evolved Developer Says Halo: Campaign Evolved “Feels Genuine” and is “Gorgeous”

Marcus Lehto wrote about how impressive Halo: Campaign Evolved looks, noting that "it warms my heart to see Ha...