Poor Wii U sales send Japan's Nintendo back into red


  • TECH
  • Thursday, 08 May 2014

TOKYO: Japanese videogame giant Nintendo on Wednesday booked a US$229mil (RM744.82mil) annual loss, reversing a year-earlier profit as dismal sales of its Wii U console during the crucial Christmas holiday period dented results. 

Lacklustre demand for the unit saw the firm move 2.72 million units globally during the year, less than a third of its earlier prediction for 9.0 million and dealing a blow to hopes it would match the blockbuster success of the original Wii. 

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

Microsoft readies new AI model to compete with Google, OpenAI, The Information reports
Synopsys sells software integrity unit for $2.1 billion to PE group
Robinhood Crypto gets Wells notice from US SEC
Trump Media dismisses auditor BF Borgers amid SEC fraud charges
Grayscale Bitcoin Trust's shares jump after first inflow since January
Lamborghini bros no more: Crypto is creating a new wealth effect
Amazon driver fatally shoots person trying to steal vehicle at gunpoint, US cops say
Microsoft ties pay for top bosses to meeting cybersecurity goals
JPJ: Bjak not authorised to offer road tax renewal services
TikTok’s boss goes from reserved tech exec to Met Gala chair

Others Also Read