Nintendo's profits see mixed results in quarter three 2014
Nintendo has released its sales performance results for the third fiscal quarter of 2014 and while sales were up from the previous year, Nintendo once again doesn't expect to meet their forecasted 40 billion yen ($339 million USD) in operating profit for the financial year. So far they've accumulated 31.8 billion yen in the past nine months.
Nintendo has released its sales performance results for the third fiscal quarter of 2014 and while sales were up from the previous year, Nintendo once again doesn’t expect to meet their forecasted 40 billion yen ($339 million USD) in operating profit for the financial year. So far they’ve accumulated 31.8 billion yen in the past nine months.
According to Nintendo, the 3DS family “did not grow sufficiently” in the U.S. and Europe, with global sales only hitting 4.99 million 3DS units for the quarter. While that number sounds like a lot, this is down 40% from last year and forecasts have been slashed by three million.
Wii U sales got a much-needed boost from Super Smash Bros. as expected, jumping from 1.91 million units sold to 3.03 million, which puts the console on track from Nintendo’s forecasted 3.6 million year target.
The two biggest titles to launch on Nintendo platforms this year were Mario Kart 8 and Super Smash Bros. for Wii U, sold 4.77 million and 3.39 million units worldwide for the past quarter alone. These titles were followed by Tomodachi Life, Mario Kart 7 and Pokémon X/Pokémon Y, which all showed “steady sales” according to Nintendo.
Let us know in the comments below what you think the future holds for Nintendo, are they on the road to recovery, or still gradually slipping away?