The end of September saw the end of the first half of the current 2014 financial year. This means that companies are in the process of divulging sales figures – something we saw Take-Two Interactive doing yesterday.
Nintendo has released its sales report for the second quarter, and the Wii U still isn’t looking as healthy as it should be. In fact, Nintendo has admitted that the console is having a “negative impact” on profits. Since the beginning of this financial year, Nintendo has sold 460,000 Wii U consoles across the globe. Considering 160,000 of those were sold in the first quarter, it means that the Wii U has sold 300,000 units since July 2013. The optimistic outlook would celebrate the fact that the sales have almost doubled since the first quarter. The increase in sales is likely thanks to the release of games like Pikmin 3 and the HD remake of The Legend of Zelda: The Wind Waker. The latter released at the tail-end of this second quarter and only hit EU regions at the beginning of the third quarter, so it’s likely its impact was not fully realised in the current financial report.
Despite the low Wii U figures, Nintendo still turned a net profit of $6.1 million for the six month period; something they attribute to a weakening exchange rate for the Yen. Then, of course, there’s the 3DS, which continues to perform well for Nintendo. The handheld sold just less than 4 million units as well as just over 27 million units of software during the second quarter. Despite this, the company still posted an overall operating loss of around $230 million.