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Despite huge Mario Kart 8 sales, Nintendo still posts $97m loss

nintendo-building-8

Nintendo’s end of quarter financials were revealed today, and despite a strong performance from Mario Kart 8 over the month of June, Nintendo still posted a net loss of $97 million. Revenue for the first fiscal quarter of 2015 totaled $729 million, but that number is still down 8.4% compared to the previous year.

Mario Kart 8 shifted 2.82 million copies worldwide in the month of June, achieving blockbuster status for the company. Despite the huge number of sales for the game, Nintendo did not see a large shift in consoles sold thanks to the Mario Kart 8 bundle. During the quarter only 500k Wii U units were moved from April through June.

Current console numbers put Nintendo at selling 6.68 million consoles to date, putting it directly behind PlayStation’s 7 million sold.

In a recent interview with Bloomberg, an analyst admitted that it is difficult for Nintendo to grow steadily without releasing the same number of games in the same time period as last year, despite the success of Mario Kart 8. The recently detailed Amiibo figurine project will help achieve the desired operating income for the company, making the Amiibo launch one of the most important launches in history for the company.

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  • Alex Vuong

    Tough luck nintendo.

    • uPadWatcher

      Never underestimate Nintendo. There’s hope that the Wii U will gain more with titles like Hyrule Warriors, Bayonetta 2, Super Smash Bros., Captain Toad: Treasure Tracker, Splatoon, Yoshi’s Woolly World, Mario Maker, a new Kirby title, Devil’s Third, and an epic JRPG from MonolithSoft… Xenoblade Chronicles X.

      • Alex Vuong

        Hope your’re right. But I think none of those games besides smash can actually move wii u’s. Hope I’m wrong though.

        • Daniel Gonzalez

          You’re probably right.

        • bistricky

          You are probably half-right ….. smash with amiibo may actually move Wii U’s ….. at least that is what Nintendo is definitely counting on.
          :D

  • Logan Wayman

    *puts on Darth Vader mask* NOOOOOOOOOOOOOOOOO!!!!

  • Dan

    Wii U sales did go up however, While it wasn’t big enough to post a profit, it’s enough for me to say the Wii U is beginning to become a success. As more and more great first-party exclusives come out for the system, sales will increase. Soon people will have no reason not to buy a Wii U.

    • nin-10-doughfan

      not unless they don’t have the budget to get one. :]

    • Bob Charlie

      If Wii U had the “best” game from every single genre this generation there would still be a large amount of people who would never buy it, or any Nintendo product for that matter, unfortunately.

    • matthew garcia

      It’s the worst sellling console Nintendo has ever made not counting virtual boy. I’m not seeing the success yet

      • http://ejercitogeek.net/ Mercurio2054

        PSV it’s the worst selling console for Sony, and personally i don’t see it as a failure.

        • matthew garcia

          Vita is a failure sales wise. I thought that’s what we were talking about

      • Gameonfool

        Nintendo still made hundreds of millions, the loss just means didn’t make as much as wanted to. Anyway if smash and zelda etc don’t push out consoles then I will call it a failure but only in sales it’s a great console.

      • Rinslowe

        Well that’s really in the eye of the beholder isn’t it. Whether it sells more or less than other consoles from Nintendo is secondary to the company making a profit off of that console within it’s lifespan. The earlier the better. And something which all console manufacturers as of today are still working towards. For the gamers, arguably the Wii U is already looking like a success. Nintendo will not abandon the Wii U now. And they have ongoing investments in terms of peripherals and accessories as well as software in development for that platform. At the end of the day, if I for eg know that the platform will be supported by the company that manufactured it in their primary business – being software. Then where’s the failure? It already has compelling first party software. And more is on the way and on the horizon. Should we really care if it sells the same amount of systems as previous generations at this point? I would argue no. Third parties are gone, unfortunately. There will only be minimal third party support now. So it is what it is. That leaves exclusive first/ second and third party software. A point which Nintendo “is” actively looking at. Retro are still working, Monolith Soft are still working, Nintendo’s in-house studios are all developing software. And then there’s Bayo 2, Hyrule Warriors and Devils Third as third party exclusives. An area for improvement. But existing is better than not. Will those three games be good? Who knows. But the same thing goes for all third party titles really on any platform. They’re not all guaranteed to sell millions of copies or hardware units and they’re not all decent experiences either…

        • matthew garcia

          Your right the Wii u is a success to Nintendo fans but this article is about a quarterly loss. I’m just going by sales. I’m sure the big bosses up at Nintendo aren’t happy. So financially so far Wii u has not been a success. Doesn’t mean they can’t turn it around though. Will have to wait a couple more years and see where it’s at

          • Rinslowe

            Actually the original post of which you replied was not just about sales. In that regard, whatever you were referring to is your own thing, but a little misguided imo. Also the article is not just about the bottom line or revenue earnings it also touches on Mario Kart 8 as a title and Amiibo.

        • Roman

          I think success in the context of video games is pretty objective. If it is loosing you money, it’s a failure. If it doesn’t have a big install base after 3 (about) years, it’s a failure.

          I really enjoyed my wii u, but it doesn’t stop it from being a failure. Two main reasons:

          1.Small install base. After almost 3 years, I am still the only one with a wii u within my circle of society (which isn’t so small). Whenever I have company and we play the wii u we all have a blast but still no one buys one. Why? because:

          2.Limited Games. Despite having great first party releases (a few glaring exceptions), it’s not enough. So much hype is built around 3rd party games, and when game after game is skipping wii u over, it isn’t a good investment choice. Other platforms are a necessity for gamers, core and casual, and Nintendo’s games become a luxury. Sure Mario Kart and Smash is fun, but will you spend $300 for 2 or 4 games on an under-powered system? You are missing out on too much other stuff.

          There are many other problems with the wii u (like abysmal friend support) that shy people away from buying it. Unfortunately, the wii u is trapped in a viscous cycle of small install base small game library. And I don’t think that a 2 or 3 magical games will make a difference.

          • Rinslowe

            If it’s losing money it’s a failure but the time frame must also be observed as you must know. All next gen systems “are not” profitable in and of themselves to date. Fact. Does that then imply they are failures? Hard to prove that being objective when the PS4 is breaking even as we speak, has a growing install base overall and “potential” to being profitable in and of itself. MS is trailing in total no of sales, but it’s hard to say if it will end up being a “failure”. For perspective PS3 took most of it’s lifetime to post profits. But has been performing rather well ever since. Clearing initial investment and losses. So I would respectfully say like I do to most that are quick to define failure – simply too early to say.
            Wii U is nearing a realistic break even point with their hardware. Majority of sales are from first party titles of which Nintendo enjoys very good margins (Developer/ Publisher/ Distributor). Most of their titles selling quite well on Wii U despite the low install base to date. And the system itself has a software attach rate of over 5 games per unit sold as we speak. The install base is still growing by the way – slowly admittedly but there is an upward trend of late. And factors in motion that have the “potential” to maintain it. Of course nothing is without risk. That’s universal.
            This Nov will mark the Wii U being 24 months on the market. But even so it will need more time before we can “objectively” analyse the install base properly. We’ll know exactly what it’s looking like in 2016 for eg.
            Noted all your other opinions on the experience of the Wii U and it’s services. But I don’t make a habit of judging a persons personal opinions. Only commenting on the “objective” side of the discussion.
            :)

          • matthew garcia

            Just saw the ps4 quarter and they posted a 265 million dollar profit which suprised me cuz I thought they were braking even as well.

          • Rinslowe

            I read the same report….
            PS4 the “PS4 unit” as in “in and of itself” making money off of each sale, Yeeah, Breaking even is probably about right. Their software sales and network earnings assist towards the end result. Many of the sales are still made and contributed from the clear advantage from PS3 software and hardware. As well as Vita sales. And network earnings of all three. I’m sorry but saying that a percentage increase year on year – primarily due to PS4 does not confirm the “PS4″ earned Sony 265m US, lol.
            You do know that the no’s never indicate platforms separately. The Playstation Brand includes all related gaming products.
            Just saying. And for the record I’m all for Sony posting profits overall with their “Playstation Brand”. I typically support all their products. But noted your total fanboy love of that plastic.

      • 00EpicGamer00

        I think the Wii U will start to have “success” by the end of this year and into 2015. At least, that’s my very obvious prediction. But anything can happen. Sure, there’s lots of games coming out, but is it enough to draw people in? Everyone said “oh, Pikmin will sell the console” that didn’t happen. “Mario 3D World will sell the console” that didn’t happen either. “Donkey Kong will sell the console” you guessed it, didn’t happen.

        And now everyone is going “oh, smash bros. will surly sell the console” watch that not even happen. In fact, I think Smash Bros. Wii U will probably be the lowest selling title in the series. And the 3DS version will be the highest selling title in the series. That’s what I think is going to happen. :P

        • darkcreap

          Mario Kart moved consoles. Not enough, because it is only one title, but it has boosted the WiiU. Smash Bros and the games in 2015 will boost. The thing is that Nintendo needs a really continued pace to sell it. One game once in a while will not do it, even if it is a system seller like Mario Kart.

          Apart from that, you need to take into account that Nintendo games have a long tail. They are not bought in millions on day 1, but they steadily sell nice numbers. I don’t know what will happen, but after E3 and Nintendo increasing their marketing I think the perspectives are way better. Especially if they continue to provide exclusives like Bayonetta, Hyrule Warriors and Devil’s Third to broaden the WiiU audience.

      • Daniel Gonzalez

        True at this point.

    • Daniel Gonzalez

      “Soon people will have no reason not to buy a Wii U.”

      There’s a reason for everything. Whether it’s good, or bad. :P

  • ActivesiN

    its time to drop the Wii U price to $199

    • http://ejercitogeek.net/ Mercurio2054

      and they will call to your home it give it to you like a gift… it have a fair price, they need to make more offers like free games by limited time and things like that.

    • uPadWatcher

      I was already dropped to $199… the Wii U Deluxe Set REFURBISHED.

    • Krzysztof

      Drop it to $99 and dominate the market ;)

      • Rinslowe

        “Dominate” the market in half the time taken to see legitimate gains in install base, while taking twice as long to profit off of each unit/ software sold. Sounds logical.

  • MujuraNoKamen

    Well it’s an improvement over what has been. I hope Smash and Captain Toad give it a similar boost.
    That said I can’t see the situation getting better for a while since we’ve got zero major games hitting between MK8 and HW in September.

  • Ken Seymour

    Seeing that they did build a new Development building, is the loss actually of lack of sales or cost of the building and development?

    • http://www.youtube.com/azhood321 AZHood

      At a glance, probably both, but more so sales-wise . 3DS isn’t selling well, and while Wii U sold better the same time last year, that’s not a vast improvement considering how bad the summer last year was for Wii U. Still, Wii U will probably reach Nintendo’s projections for the year, as they still have Smash, the other games they have planned and this holiday season. It’ll be a miracle for the 3DS to do that this year.

      • WiiUisgaming

        So far this year WiiU has sold 40% more in comparison to last year.

        • http://www.youtube.com/azhood321 AZHood

          Your math is incorrect. Read the financial reports again.

          • WiiUisgaming

            To this point last year WiiU sold 1 million units, this year has sold 1.4 million units

          • http://www.youtube.com/azhood321 AZHood

            For April-June:

            FY 2013/14 0.16

            FY 2014/15 0.51

            .16*1.4 =/= .51

            Once again, your math is incorrect, as are the numbers which you pulled out of nowhere. It says in the report itself what the numbers are. Guess what, the Wii U didn’t reach 1 mil sales at this point last year, and that’s not going by their financial year (FY).

            Seriously, it’s almost like you didn’t read the financial report, which is in the article itself…

          • WiiUisgaming

            The number I give are for the whole year not only april-june. They are taken from nowhere, I took them from VGCharts.
            And in your comment you also said you were wrong the first time. You first said WiiU sold less units this year, and then you said WiiU sold 0.31more units this year. I read the report and VG Charts the first time. You didn’t read anything.

          • http://www.youtube.com/azhood321 AZHood

            As the official report from Nintendo states, during this point in time Ap-Jn, going by FY 2013/14, 160K Wii U consoles were sold, while in FY 2014/15, the current financial year, around 510K units. Now even if you don’t go by FY, take FY 2012/13 Ja-Mr and add that to the 160K from from earlier, and you get only 550K units. That’s Jan-Jun 2013, and that is still short of 1 million consoles. This year, 820K. Now compare these OFFICIAL numbers to LOLCHARTZ, and look at the at the huge discrepancy. Regular year, financial year, doesn’t matter which.

            The fact that you are using VGChartz as your source proves this conversation is no longer worth continuing. There is a reason why analysts don’t cite them as a valid source. Good day to you.

      • Squid

        3DS doesn’t sell badly.

        • http://www.youtube.com/azhood321 AZHood

          It is, relatively speaking. 820K 3DS units were sold this FY, and the last quarter of the previous year, only 590K. Now compare to other FY:

          Hardware Ap-Jn Jl-Sp Oc-Dc Ja-Mr

          FY 2010/11 – – – 3.61

          FY 2011/12 0.71 2.36 8.36 2.10
          FY 2012/13 1.86 3.20 7.65 1.24

          FY 2013/14 1.40 2.49 7.76 0.59

          FY 2014/15 0.82 – – –

          Seeing how the 3DS had it’s lowest Ja-Mr just last quarter and selling under 1 mil. this quarter, it doesn’t look like it will reach Nintendo’s 12 mil. projections this FY going by their release schedule.

  • Fred

    Is the loss because they are spending money to build up their development teams? Think about E3 Digital event, games like Splatoon are being directed by guys I’ve never heard of. Maybe they are creating new development teams and adding new members to their old teams and so they are losing money because they are investing in an attempt to put out more games. Is that a possible explanation?

    • http://ejercitogeek.net/ Mercurio2054

      i think that they lose more now because of that.

    • Fuzzylittlebastard

      I can see that being a factor.

    • bistricky

      Research & Development is the likely factor for this specific loss …. the hope is that progressive R&D will pay dividends greatly when those projects make it to market … and not even specifically games but all the investments they made to get their amiibo collection ready to roll …..
      :D

      • Fred

        I hope you’re right. If that’s the case then I’m happy to see a loss because that means in the next few years we’ll see more content than we otherwise would have seen

  • http://ejercitogeek.net/ Mercurio2054

    I THINK that Nintendo is waiting to much in this time taht lots of companies have losses.

  • Mr Ninty

    its only a small amount it wont hurt the company at all. i do wonder what affects amiibo will have on the sales and income of nintendo

  • Rinslowe

    Mario Kart 8 might be an effective focal point. But realistically it was never going to allow Nintendo to post operating profits on it’s own. There’s a lot more of Mario Kart 8 like performance required to achieve that. Even if they sold the same amount of consoles as they did software copies…
    Just sayin.

    Their 2015 lineup looks really decent though. If they follow through to the letter, I reckon it might go their way by Q4 next year of thereabouts. Maybe even sooner. But wouldn’t count on it.

    • greengecko007

      2015 is definitely looking good so far. But, that’s also what was being said around this time last year… Not meaning that this year hasn’t been an improvement of course, but even with the cool titles lined up for next year we still need a steady release of games in 2015.

  • Gameonfool

    The thing businesses call a loss is actually usually just not made as much money as predicted or as much as same period last year. Nintendo still made hundreds of millions , hardley a loss. I work in retail it’s the same. I go meetings and they like we expected to make 300k today but only made 280k so we have a loss of 20k, and my brain is like no we made 280k, that’s 280k more than whe would have made if not open for business.

    • Nothing5555

      True but most people don’t understand finance and will take it as their cost is greater than the revenue earned.

      • Gameonfool

        Yep, that could happen but isn’t always the situation.

  • Fuzzylittlebastard

    I got faith in you Big N! You can do it! They have been through worse, and after 100+ Years of being around I’m sure that they are not going to quit any time soon!

  • SolarShane13

    Let’s see. Wii U. I see the problem. Do you? (Hint: it’s the name)

    Nintendo shouldn’t have even named it the Wii U in the first place. Wii HD would have been better and at least told consumers that it was indeed a new console.

    • 00EpicGamer00

      I’m not sure if the name can be brought up as a criticising point anymore. I mean yeah, I agree that Nintendo should have named it something else. But what I don’t understand, is how people don’t get confused with the name “Xbox One.” Like, what? I think that name is more confusing than “Wii U.” Don’t you agree?

      • SolarShane13

        Nope, because there was never a “Xbox One” before it. There was only Xbox and Xbox 360.

        • http://www.instagram.com/flip1982 Flip

          Nope, there was never a “WiiU” before it. There was only a Wii and several other great Nintendo consoles and handhelds… Nintendo never had a problem going from NES to SNES or DS to 3DS/2DS either so you don’t really have a point… If anything straying to far from the original Name does the most damage.

        • 00EpicGamer00

          Technically, the original Xbox can be referred as Xbox One. Now that the “new” Xbox is called Xbox One, I just think it’s confusing and the name contradicts itself. It’s a brand new system, but it’s called One?
          To be fair, there was never a “Wii U” before Wii, GameCube etc. So, honestly the name just can’t be used as a negative point.

          I think I have a more logical reason as to why the Wii U is having such hard time selling. Okay so, during the “Wii era” that’s when Nintendo attracted all the “casual” gamers. But when Nintendo launched the Wii U, they weren’t trying to target the casual gamers anymore. So, I think the 3 million the system had at the beginning was JUST from the “hardcore” Nintendo fans. You know, the ones (pretty much all of us here) that go out and buy practically every Nintendo console, because we know they’re an awesome company.

          All of those “casual” gamers moved on to smart phones and tablets for their gaming “needs.” Think about it, if you were casual gamer or not really a gamer at all and just liked to play easy games from time to time, would you go out and buy a GAMING console? No. And before you throw the ol’ “well, why didn’t those casual gamers play on phones during the Wii era?”
          Because playing games on phones and what not wasn’t the “thing” yet. Kind of like how Nintendo didn’t make the Wii an HD console. HD television wasn’t the “thing” yet, but Sony and Microsoft thought ahead.

    • MHeinz

      I think that a better name for the wii u coulda been the “Super Wii”. It sort of gives a bit of nostalgia for those thinking of how amazing the Super Nintendo was and it definitely, or at least to me, sounds like something new.

      • Merry_Blind

        Totally agreed. As much I hate the name Wii and was utterly disappointed and shocked when they announced the “Wii U”, I still think “Super Wii” would have actually been a killer name because it’s a reference to the NES/Super NES.

    • http://obaforums.wordpress.com DragonSilths

      The name is not the issue. Xbox One is far worse. Since the 1st Xbox was out long ago. Wii 2, Wii HD, Super Wii, Wii U, whatever it’s a new console.

      • SolarShane13

        But there was never a “Xbox 1″ before the Xbox One. It was only Xbox and Xbox 360. Plus, “One” refers to “one device to rule them all”, as that is what Xbox One is built to be with it’s HDMI-in port.

        • http://obaforums.wordpress.com DragonSilths

          Nobody thinks Xbox One means 1 to rule them all…

          • SolarShane13

            Yet, that’s what Microsoft is marketing it as.

          • http://obaforums.wordpress.com DragonSilths

            Yeah, cause everyone was confused so they had to start saying that in ads.

        • greengecko007

          Every advertisement I’ve seen calls it “the all-in-one Xbox One”. Never heard them try and parody The Lord of the Rings.

  • bistricky

    97mil quarterly loss is actually an improvement.
    I don’t believe Nintendos sees a quarterly profit until Q2 2015.
    But, Nintendo’s stock has been much stronger.

    The end of this article is significant and true (what I also have been saying since E3 2014): “the amiibo launch {is} one of the most important launches in history for the company.”
    :D

  • http://www.youtube.com/azhood321 AZHood

    Hard to see Amiibo being a huge contributor for income at this point in time. While it is launching on no doubt Nintendo’s biggest Wii U game this year (SSB), it won’t hit 3DS until 2015, and there’s little known information about it, including compatibility with other titles, price, etc.

  • anthony optimo

    , that’s much better than losing billions.

    • The Unkown

      Yet its always doom and gloom articles.
      Sony posts over a billion in loss, everything ok.
      Nintendo posts under 100million in loss, DOOOOOM ><

      • SolarShane13

        That’s because Sony has way more departments than Nintendo.

        Nintendo only does games and when a single division company posts a loss, it actually is bad. It means that Nintendo isn’t making money from somewhere else.

        Sony could easily sell off it’s gaming division and still exist. Nintendo can’t sell of it’s sole division and If they did, Nintendo wouldn’t exist anymore.

  • MHeinz

    I had an interesting idea on how Nintendo could sell the wii u. I think that they should release a wii u bundle the comes with a pro controller AS OPPOSED TO the wii u gamepad and they should price that bundle at $200. Then, they should start to sell gamepads separately for those who decide that they want one later. My reasoning for this is because first of all, most games can be played with the pro controller as a substitute for the gamepad and not everyone wants to use the gamepad. Later on, if those who buy this bundle decide that they do want the gamepad to play games like nintendoland, zombiu, and other games that actually make use of the gamepad, they can buy one if nintendo sells gamepads separately. Also, removing the gamepad can drop the price of the wii u to only $200! this makes it significantly cheaper than its competitors which in turn makes it more appealing as well. Idk its just an idea, tell me what you think.

    Really the only downside that i can see to this plan is that developers may stop making games that utilize the gamepad’s capabilities because they are going to say that not everyone has a gamepad so making games that use the gamepad will be pointless or w/e.

    • 00EpicGamer00

      I honestly like your idea. Trust me, if Nintendo would have had a bundle with the pro controller as apposed to the gamepad, I would have so went with that bundle. The gamepad is cool and definitely an interesting idea but…it just seems like a gimmick to me. Just something Nintendo was hoping would sell the console. Nintendo isn’t even using the gamepad very much in their own games.

    • marloc_x

      I appreciate your comment. I do feel though that the gamepad is quite integral to Wii U ui and it defines the console. Pushing a cursor around with a thumbstick and typing with the d-pad is pretty old school in a touch screen world..
      And Nintendo does sell a 200 dollar Wii U :)

    • Yen

      I feel like bundling the pro controller WITH the gamepad would be better. The gamepad sets the Wii U apart from competitors. This way it gives people the option to use one or the other but have both in case they get a game that require the gamepad without realizing it. Nintendo also likes to focus on local multiplayer, what better than bundling an extra controller?

      • Jeffery02

        I wish that Nintendo would start to sell Wii U’s with a GamePad, Pro, and Wii Remote + as a standard. Only problem is that that may up the price more than they (or us) would like.

        • Merry_Blind

          Yeah I would love such a package too, but I think it would scare people away from the console even more when seeing the price of such a bundle.

          I think a better idea would be to have different Bundles for different consumers.

          Have a ‘Basic’ bundle with only the GamePad, plus a game that makes good use of it (WW HD, Wonderful 101, etc.) for 250$.
          Have a ‘Pro’ bundle with the GamePad AND Pro Controller with a game that is better played with a Pro Controller (like DKCTF or Smash) for 300$.
          And have a ‘Motion’ bundle with the GamePad AND a Wiimote+Nunchuk with a game that is better played with a Wiimote or that requires one (NintendoLand+WiiSports Club, or Pikmin 3, etc.) for 300$.

      • Rinslowe

        Yep. Instead of a system price cut. Include the pro controller in the current deluxe model…

        • bistricky

          Now we are talking …. a great idea ….. or even a coupon to get the pro controller for a discount etc …

        • Merry_Blind

          I think that would be the best thing to do too.

          A Pro Controller bundle with a game that is better played with one for 300$, without removing the GamePad would be great.

          Same for a Wiimote+Nunchuk bundle.

          • Rinslowe

            Yeah I’m sure it’s easier to find cost gains in bulk on the pro-controller components than the console. So keeping it the same price but including the pro controller could be a viable option for Nintendo, maybe?

      • Merry_Blind

        Right on. I’ve been saying for months now that they should bundle a Pro Controller or Wiimote+Nunchuk with the current Deluxe models, with a game that makes good use of either. 300$ is a good price point. Keep the same price, but add value to the product.

    • SolarShane13

      Or, they could’ve pulled a Sony and Microsoft and released the Wii U Pad app, enabling anyone with a tablet or smartphone to have a GamePad screen.

      • Jeffery02

        That’s a terrible idea. An app would kill all of the research and work invested into the GamePad. They designed it to have a nearly flawless experience and NO app could ever compete with what the GamePad can do. An app would be nothing but aggravation for nearly everyone and then they would just op for a controller exclusively at that point ruining everything that makes the Wii U different and unique.

      • Shootdatrupee!…

        I used to think there was actually an app like that.
        God I was dumb…

  • http://obaforums.wordpress.com DragonSilths

    On mynintendonews it said Nintendo lost 9 billion….here its 97 million? Which is it…I believe it’s 9 billion.

    • The Unkown

      9 billion yen, 97million would be the dollar equivalent.

      • http://obaforums.wordpress.com DragonSilths

        Oh, derp. Didn’t even think of that lol.

    • Rinslowe

      Yen?….

    • bistricky

      Yeah …. right now 100 yen = 97 cents US$.
      I am happy Wii U Daily chose to report it in US$.

    • http://www.youtube.com/azhood321 AZHood

      Yen, not dollars.

  • Adecentboy777

    Sales will increase with new games like Zelda but it won’t surpass 15 million sold units in total during its lifetime meaning Nintendo will post lost in the future as well. The question is only how much.

    • Daniel Gonzalez

      I’m thinking 18 million.

      • Magnus

        Im thinking 10

        • Rinslowe

          Is it you Magnus? Was going to message ya on Miiverse. Did you quit on the Wii U Daily community or were you moderated?

  • greengecko007

    “Current console numbers put Nintendo at selling 6.68 million consoles to date, putting it directly behind Playstations’s 7 million sold”

    Let’s not sugarcoat it for the fanboys. If we’re going to use current numbers for the Wii U, let’s use current numbers for the PS4. Sony hit 7 million 3 and a half months ago. Recent reports are putting it at close to 9 million.

    • Daniel Gonzalez

      I think 7 million is what was last reported, though I could be wrong there. I agree though, 3 and a half months later, it’s probably around 9 million at this point(what the recent reports said). Especially if VG sales numbers are in the ballpark.

      “Let’s not sugarcoat it for the fanboys.

      Yeah, I see it that way too. Though, fanboys are important to the sites ad revenue. With less activity of late, it could use it I suppose.

      • 00EpicGamer00

        I’m not sure if this is a very reliable source, but according to this article the PS4 is apparently at 9 million (as of July 4th, 2014).
        http://www.psu.com/a023923/PS4-sales-at-9-million-Xbox-One-north-of-5-million-reports-Edge-Magazine

        • bistricky

          Today, PS4 looks to be nearing that 9 million consoles sold …. but back in the start of July, this articles which you refer to (and others that copied it), came from an interview with Microsoft and were their/his general estimates …. rather then solid numbers (which I hope Sony will release soon).

      • greengecko007

        Last officially reported yes, but in no way “current”. The 9 million is very much a ballpark number, but trying to say the Wii U is hot on the heels of the PS4 in terms of sales and using numbers from 3 and a half months ago is silly.

        I’m not the sort of person that requires a perception that Nintendo is doing great to be a Nintendo fan.

        • Daniel Gonzalez

          It is silly. Agreed. Though, visiting this site for so long, are you surprised by these articles? :P

        • Rinslowe

          “I’m not the sort of person that requires a perception that Nintendo is doing great to be a Nintendo fan.”

          Or that not being hot on the heels of PS4 instantly implies failure, lol.
          That together with your sentence pretty much sums up my personal opinions on the matter…

      • bistricky

        If Sony is smart …. they should capitalize on this perceived negative Nintendo press and finally state their updated sales for the PS4 (which likely will be just shy of 9 million). I understand why Wii U Daily chose to go with the 7 million PS4 bit, as I believe, they prefer to stick to solid “stated” numbers but they could have just as easily stated that as Wii U nears 7 million, the PS4 surpassed that number in sales 2-3 months ago (or something like that … but that’s just my thoughts about it as a reader of Wii U Daily).
        :D

  • FutureFox

    Well at least they’re losing less and less as time goes on. Just the nature of working towards profitability.

  • Andrew Clear

    Not a bad loss, when you take into account the amount of money spent during that quarter on all the games that they actually have in development.

  • Will.F. Martinez

    I still enjoy the console more then I do my xboxone. It may not be the best. But I find it to be a good console either way.

  • Joecoo1

    This is great news,6.68 million consoles sold and only 7 million for PS4. That should attract third parties or at least their attention for sure because the install base is getting bigger on Wii U. It’s not even over yet either because Fatal Frame is coming and Hyrule Warriors. Which are MAJOR Japanese games.

    • Jon Turner

      I hope so too. I’d like to see WiiU get better third party support (something tells me it will, particularly in Japan where WiiU is outselling PS4 ONLY in that region).

    • Marcus Larsson

      You have to add xbones numbers as well in that third party-equation.
      They just port between those two while on wii u it demands more adjustments.

  • Justin McDonald

    Don’t worry people The Wii u will turn things around when tons of games heading to 2014 and 2015 like Hyrule Warriors,Bayonette 1&2,Super Smash bros for Wii u,Captain Toad Tresure Tracker for 2015 Yoshi Woodly World,Kirby and the rainbow curse,Xenoblade Chronicles X,Mario Maker,Splatoon,NEW Star fox and NEW The Legend Of Zelda are coming than Wii u will rise up sales…..

  • steveb944

    Doomed. DOOMED I tell you!!

    /s

  • Nathan C.

    It takes more then one game to sell a system. Mario Kart 8 may have been a breakout hit, but nothing else in close proximity is being released with it.

    • Merry_Blind

      Smash Bros is coming, and you can be sure MK8 will still sell very well when come Christmas. The Wii U will be a very tempting console these holidays. People will look at the catalogue of games and will be impressed.

  • ben

    Losing 97 million down from losing 270 million is a huge turn around. Doom is better for the hits, I get it.

    • oontz

      I agree, it’s not like they lost more than last time. They made up some ground and the trend seems to be continuing. They’ll be in the black soon enough.

  • Daniel Carvalho

    Except that Mario Kart 8 came right about the end of the time spam measured. Seriously, the game didn’t have time to make a difference! When the next closure comes up, then we’ll have a proper time spam to analyze and see if the game moved units or not!

    Let’s also take in consideration that we have Hyrule Warriors coming in September and Bayonetta 2+1 coming in October, plus Smash Bros. coming later (which I believe will be in December, due to Christmas). Add to that Captain Toad, NES Remix Pack (which are scheduled to launch this year) and the titles scheduled to release on the first trimester of 2015 – Mario Maker, Project Giant Robot, Splatoon, Yoshi’s Wooly World. If they keep a steady pace, we’ll see a huge rise in weekly sales, and they’ll probably be steady, unlike up until now!

    Oh, and let’s not forget Third Party games that are coming as well! Disney Infinity: Marvel Super Heroes (2.0 Edition), SteamWorld Dig, 6180 the moon, LEGO Batman 3: Beyond Gotham, Shantae and the Pirate’s Curse, Skylanders Trap Team, PAC-MAN and the Ghostly Adventures 2, Just Dance 2015, Costume Quest 2, Sonic Boom: Rise of Lyric and Watch_Dogs are all coming THIS YEAR!

    All those games, both first and third party are set to be released this year, and the greatest ones are closer to Christmas season! If you ask me, this year Nintendo is finally gonna see some profit with their HD console!

  • Tray

    Making judgement based on quarterly profits is myopic at best. They posted a quarterly profit during the April-June quarter last year, with only 160K worldwide Wii U sales. This year, the Wii U sales went up to 510K. That’s a huge, huge improvement over last year. Good Job Nintendo! Why do you make a profit with low sales and a loss with much higher sales? — Product development, marketing, research, and manufacturing. For instance, manufacturing millions of Amiibo figurines. Or that QOL thing they are working on. So looking at a quarter’s operating loss or profit doesn’t say much. Sony’s gaming division posted a $100+ million loss for their fourth quarter. Does that mean that the PS4 did horribly during that time frame? No… that’s an absurd correlation to make. They had large investment costs for product development, marketing, research, distribution, etc. So Nintendo spent more money than they made. The important question is really, “What did they spend it on?” Getting ready for the Amiibo launch is certainly going to be very expensive. The QOL stuff might be very expensive. We don’t know. They are still expected to have a yearly operating profit. They only thing that we know for certain is that 510K is better than 160K. So good on them for that. I love all of the game systems. I don’t rag on Microsoft for laying off enough people to fill a small city. I don’t rag on Sony for being in extremely dire financial turmoil. And I won’t rag on Nintendo for having a console generation that sorta missed the mark. They’ll learn. They’ll do better.

    • The Bluntknight

      well said

  • Darkness

    Mario Kart 8 is garbage! Game is way overrated, so many problems with the game. Battle mode was the biggest letdown.
    http://www.change.org/petitions/nintendo-fix-battle-mode-in-mario-kart-8

    People have already quit the game and it just came out. I got to play it for many hours and I canceled my preorder. I really wanted to like this game because I grew up playing all the past Mario Karts. All of them were amazing….except Mario Kart 7.

    • Rinslowe

      I can’t get enough of it. As anyone here who has my NNID knows already.

      • Darkness

        That’s great

    • The Bluntknight

      that’s too bad for you buddy, I bought it at launch and have loved it ever since. Lots of replay value for me, fantastic visuals, fun gameplay and a free game mean I have no complaints for the $60 bucks spent. I am by no means a mario kart expert. I got around to playing the original years after it came out and it was good but tbh I couldn’t see why everyone raved about it at the time. When I played Mario Kart Wii at a friend’s place earlier this year I was really impressed at how the gameplay was made to be more accessible to people who aren’t seasoned veterans such as myself. That more than anything got me interested in MK8. It’s a shame the battle mode is such a massive departure from previous games but because I’ve been so preoccupied with the grand prix it hasn’t been an issue for me yet.

      • Darkness

        Well that’s great your enjoying yourself with MK8. I have been a big fan of the series and just don’t understand many of the changes. I used to play competitively online on Mario Kart Wii by the name of “ICE KING” and it was great. I really liked being able to have a back up item where as in MK8 you can only have 1 item at a time. Not only that but now everyone can see your item with the gamepad. To make matters worse there’s no mini map on the TV which forces you to play using 2 remotes…ridiculous. The character roster is ok but far from great. Look at Smash Bros, yeah they always have a big roster but why couldn’t they have made a bigger and better roster for MK8?!

  • Nintendofreak

    Well they constructed a building, building aren’t cheap

    • Shootdatrupee!…

      Sony sold a building last year and still made a loss if memory serves.

  • Cody McKrell

    I’d like to see nintendo stop putting all their eggs in one fragile basket over and over and just let the new breed guys they keep under shiggy’s foot go crazy. The standard stuff is great, but its not enough to sustain a console through an entire generation without some dramatic changes.

    Third parties arent coming back until nintendo starts releasing console hardware thats running close to parity with the competition, having more worthwhile games release more frequently can only help. They need to stop pretending that ‘one’ super awesome thing theyre going to do is going to turn their fortunes.

    Amiibo’s cool, but, i mean, come the hell on guys, there arent hundreds of billions of dollars to be made selling videogame figure over the next quarter or two.

  • Agent721

    3 million mk sold is great…less than 7 million wii u sold is not. Software sales clearly show wii u owners live the console…but if MK can’t get newbies more onboard, that is disheartening.

  • thedeciderU

    2.82 million? vgchartz says 2.20 million

    http://www.vgchartz.com/game/71408/mario-kart-8/

    • ben

      Who do you trust?

      • thedeciderU

        not sure who’s right or where else to find numbers. don’t trust or not trust anyone; it was a simple question is all, not an interrogation, so get over it.

  • Squid

    I know this will rise with smash bros. Mario. Kart 8 sold very well.

  • Gabe Hoffman

    There are a few things to consider. Mario Kart 8 came out right at the end of the period. There other things that might have contributed to losses such as the the R&D on the Amiibo figurines. I think Wii U had a huge improvement over last year. I think what these show is that Nintendo is starting to shift more focus toward Wii U

  • Kieran Ryan

    suppose a time will come when they don’t give loss after loss after loss.

  • bizzy gie

    I think PS4 is around 8 or 9 million at this point.