Linked by Thom Holwerda on Wed 7th May 2014 22:04 UTC

Nintendo's reported a staggering loss of $456 million for the past financial year. The blame is being laid squarely at its relatively young console, the Wii U. Sales have slowed significantly: Nintendo sold 2.72 million Wii Us in the last twelve months. (Running totals for the Xbox One and PS4: five and seven million, respectively). In the last quarter, only 310,000 units were sold. Meanwhile, Nintendo's handhelds continue to sell more favorably: 12 million 3DSes were sold in the last financial year, meaning there's now just shy of 43 million sold globally. It remains third consecutive year of losses for Nintendo, but CEO Iwata claims that this incoming financial year will see a return to operating profit ($394 million, he reckons) and millions more consoles sold. Then again, he said similar things last year.

It's not looking good.

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Missed so many trends
by ronaldst on Wed 7th May 2014 22:49 UTC
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Late to focus on their Online store business;
The ATARI syndrome (how many remakes of Animal Crossing are they gonna churn out?);
Very poor Online network strategy;
Regional lock on games/consoles;
No 3rd party support;
Games are mostly targeted at kids;
Little simultaneous release on WiiU/3DS (I hate handhelds);

Other than the new Bayonetta, Nintendo has nothing exciting to offer.

Dedicated gaming consoles are a dying breed. All the big players are re-dedicating themselves into media centres.

Time to change the staff at Nintendo.

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