Nintendo reports loss, blames slow 3DS sales
There's a clear reason why Nintendo do drastically dropped the price of the Nintendo 3DS. It, simply put, has not been performing well. According to analysts, the price drop will mean that Nintendo will incur a loss on every glasses-free 3D system sold.
There's a clear reason why Nintendo so drastically dropped the price of the Nintendo 3DS. It, simply put, has not been performing well. In fact, it's been lagging behind Nintendo's "last generation" offerings, with DS and Wii hardware sales easily besting Nintendo's newest effort.
"The Legend of Zelda: Ocarina of Time 3D was launched and favorably received, but Nintendo 3DS had few other hit titles," Nintendo admitted in its latest earnings report.
The 3DS sold 0.71 million units in the last quarter, easily trailing the DS family's 1.44 million units. Wii hardware sold 1.56 million units.
Nintendo is blaming the strengthening yen, and research and development for the upcoming Wii U as factors for the poor performance this quarter, with operating losses at 37.7 billion yen (about $480 million).
Although the 3DS has been slow to attract a large audience, Nintendo believes the price cut will dramatically accelerate sales. The company is maintaining its forecast of 16 million 3DS system sales by the end of its fiscal year in March 2012.
According to analysts at Bloomberg Japan (via Andriasang), the price drop will mean that Nintendo will incur a loss on every glasses-free 3D system sold--a rarity for the company, which typically sells hardware for a profit. The move was called "necessary in order to improve fiscal performance next year and beyond."
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replyAndrew Yoon posted a new article, Nintendo reports loss, blames slow 3DS sales.
There's a clear reason why Nintendo do drastically dropped the price of the Nintendo 3DS. It, simply put, has not been performing well. According to analysts, the price drop will mean that Nintendo will incur a loss on every glasses-free 3D system sold.-
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Nintendowed
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What I wanted from the Wii was plenty of games like Wii Sports / Resort. You know, the whole reason I wanted the system. I mean I love Smash Bros, Mario Galaxy et al....but those feel like games that don't *need* to be on the Wii. Where are all the amazing motion controlled FIRST PARTY games? Far too much shovelware.
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You should check out Wii Play Motion. It flew under everyone's radar and has the spiritual successor to Monkey Target built in.
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You can't really blame piracy for a console failing, just a game, hardware is much more difficult to fake and distribute.
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There would need to be some games to pirate first off.
3DS was actually the first hardware to ever be launched with negative games. When you buy it, you have to trade in a bunch of games you already owned to afford it.-
That would be the PS3 by far.
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I think it was back during the GC days.
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You'll be getting 20 free games, so~
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Hey..but free games!!! And you had the a 3DS early.
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Hey..but free games!!! And you had the a 3DS early.
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"Although the 3DS has been slow to attract a large audience, Nintendo believes the price cut will dramatically accelerate sales. "
Nope. You still have to have games for it. Give that a shot Nintendo. -
I bet if they'd had a strong first party title launch it would have done alot better, but everybody would have complained about the lack of 3rd party games.
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