*Purchased some memberships, now working with freelance journalist to bring news even faster to you. We however cannot disclose most of our associated sources due to terms and agreements, please enjoy our articles.
Once again Nintendo is as it again saying that they have poor sales and cutting prices on their products that seem to be getting the blame for sale drops. The Wii U is getting another Sales Target slash which could possibly lead to another possible price cut on perhaps future Wii U bundles.
On Friday Nintendo came out to say that they expect a 25 billion yen ($240 million) loss which is lower than the previous expected loss of 55 billion yen. The company now expects to be selling 2.8 million units worldwide of the Wii U which is significantly less than the 9 Million they estimated they would sell.
The reason why they had anticipated the 9 million in sales was because they hoped that the Holiday Season was going to help drive sale which clearly didn't really do much.
Nintendo President Press Briefing
"During the year-end shopping season, we weren't able to life sales momentum for the Wii U," said Nintendo President Satoru Iwata in a press briefing.
Satoru Iwata then said, "The decrease in game software sales is having the biggest impact [on profit]".
"My duty, more than anything else, is to revive our business momentum," he said.
Nintendo is putting the blame on the cost for the production of the Wii U but the Nintendo 3DS was also costly and fared better in sales. The culprit is obvious the lack of titles, price point, poor use of hardware that make the Wii U look like a accessory junk collection. The console has THREE possible controllers and the accessory Line Up is astonishing. Another issue is that Nintendo has always said that Price Point isn't the issue but it is; Mobile Gaming is affordable, fun, and lacks priority hardware. Adding on, Mobile Gaming also can now be played through TVs via Apple TV or other Mirroring Services. The key thing here being that most of it brings more functionality than just Gaming, with gaming being an alternative use of the hardware, which can't be said the same about Consoles and Handhelds.
Comment your thoughts below!
Lino Cordova, The Gamer Plus Network
Check out our YouTube: http://www.youtube.com/GamerPlusNews
Check out our Website: http://www.gamerplusnetwork.com/
Check out our Reddits: http://www.reddit.com/r/GP_GamingNews/
Carry us on your mobile phone by downloading "Feedly" in your appstore and entering "gamerplusnews.blogspot.com/" in the search bar and add us!
Help us build a team!
As you know I am not the best writer, but we are looking on forming a community where people can discuss topics about gaming and create shows as well! Check it out on our website under Content Creator, we just want to create a site where we can bring the best content in gaming.
We also need lots of help in various areas, such as Article writers for our blog, content for our main YouTube and more! Be sure to visit our site and learn the benefits you get for Joining us as a content provider!
Check out our Reddits: http://www.reddit.com/r/GP_GamingNews/
Carry us on your mobile phone by downloading "Feedly" in your appstore and entering "gamerplusnews.blogspot.com/" in the search bar and add us!
Help us build a team!
As you know I am not the best writer, but we are looking on forming a community where people can discuss topics about gaming and create shows as well! Check it out on our website under Content Creator, we just want to create a site where we can bring the best content in gaming.
We also need lots of help in various areas, such as Article writers for our blog, content for our main YouTube and more! Be sure to visit our site and learn the benefits you get for Joining us as a content provider!
