Jul 31

Struggling Wii U Sales Don’t Stop Nintendo from Posting Quarterly Profit

Category: Uncategorized

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Nintendo posted their financial earnings release today, revealing a profitable first quarter.

Thanks in part to a weakening yen, the game company was able to post a net profit of 8.6 billion yen ($88 million).

The Wii U is still not selling as expected, resulting in a “negative impact” on profits. According to their report, Wii U hardware and software only sold 160,000 units and 1.03 million units, respectively, worldwide during this quarter. The company attributes the low numbers to the lack of first-party titles to drive hardware sales.

Broken down by region, of the 160,000 Wii Us sold, 90,000 were in Japan, 60,000 were in North America and 10,000 were in Europe, Australia and other territories.

Source: Nintendo.co.jp (.pdf)

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