Nintendo Loses 9.9 Billion Yen in Latest Quarter, 500,000 Wii U's and 820,000 3DS's Shipped - NewsWilliam D'Angelo , posted on 30 July 2014 / 9,041 Views
Nintendo has released its quarterly report, for its first quarter of its currently fiscal year, which ended June 30, 2014. For the quarter Nintendo recorded revenue of 74.7 billion Yen (US$73m), down slightly from 81.5 billion (US$79m) Yen year-on-year. There was also a loss of 9.9 billion Yen (US$96m). This is compared to a profit of 8.6 billion Yen (US$84m) during the same period a year ago.
For the quarter there was only one major release, Mario Kart 8, which saw sales of 2.82 million units.
Nintendo shipped 500,000 Wii U's for the quarter, bringing the total to 6.68 million. Nintendo expects to ship 3.6 million units for the full fiscal year, which ends March 31, 2015. Nintendo also shipped 820,000 3DS's for the quarter, which is down from 1.4 million a year ago.
The expected increase in Wii U sales is due to the release of Super Smash Bros. U, Hyrule Warriors, Bayonetta 2, and Wii Sports Club.
A life-long and avid gamer, William D'Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012. He has expanded his involvement in the gaming community by producing content on his own YouTube channel dedicated to gaming Let's Plays and tutorials. Outside, in the real world, he has a passion for the outdoors which includes everything from hiking to having received his B.A. in Environmental Studies. You can contact the author at email@example.com.