We’re sure many of you guys are wondering how Nintendo is holding up. After all the Wii U console has been lagging behind in terms of sales compared to the likes of the PlayStation 4 and the Xbox One, although it seems that Nintendo is slowly recovering. In the previous quarter, Nintendo had returned back to the black and it looks like with their latest financials, this would make it their second consecutive quarter.
According to Nintendo, they have announced that they have managed to sell a 9.2 million Wii U consoles to date. However in terms of the company’s financial year which is from the 1st of April until the 31st of December (thus far), they have managed to sell 3.03 million units and expected that by the end of the fiscal year, they should be able to meet their target of 3.6 million units sold.
Nintendo also announced that they have since sold 52.87 million software units for the Wii U to date, and with the major successes going to the likes of Mario Kart 8 and Super Smash Bros., which have managed 4.77 million and 3.39 million copies respectively. Ultimately Nintendo managed to net $2.3 billion in sales with a profit of $269 million in the last quarter.
However it seems that despite Nintendo’s slow but steady return, the company has erred on the side of caution and have slashed their profits forecasts for that year from $339 million to$169 million. Either way things are starting to look up for the company and hopefully this will continue towards the end of the financial year.