Nintendo's Q1 DS sales down 44 per cent
While Mario Galaxy 2 sells over 4m.
Nintendo lost money during the three months ended 30th June 2010, with worldwide DS sales down 44.7 per cent year on year to 3.15 million, while DS software sales slumped 22.9 per cent to 22.42 million.
The platform holder blamed "fewer new software titles", a lowering of the DS price and hefty foreign exchange losses for the losses.
Super Mario Galaxy 2 provided the only noted silver lining, recording 4.06 million sales worldwide since its May/June release. That helped Wii hardware sales climb by over a third compared to the same period last year.
The company recorded a net loss of 25.2 billion yen (£183 million). Net sales were down 25.6 per cent to 188.6 billion yen, with 86.6 per cent of that figure attributed to "overseas" markets. That meant a staggering foreign exchange loss of 70.5 billion yen (£517 million).
As mentioned, Wii sales were up 36.6 per cent to 3.04 million. However, Wii software dropped 9.3 per cent to 28.17 million.
"Nintendo continues to pursue 'Gaming Population Expansion' based on the idea of putting smiles on many people's faces by offering brand new entertainment that anyone can enjoy, regardless of age, gender or gaming experience," the company commented.
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Comments (22) Latest comment 2 years ago
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Or it could be we're waiting for the 3DS.
I know I am!
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I nearly turned into a giant ball of cheese after reading the last paragraph of the article.
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What the hell is going on with the yen? That's just mental, Nintendo should instantly relocate to Switzerland.
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get the 3ds and you'll miss out on the 3ds slim micro ltd edition red jumbo screen super teabagging ultra model- rendering all else obsolete....
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I was thinking this yesterday: what happens when the likes of Operah / Richard & Judy et al do pieces on the 3DS? They'll say things like, "Unfortunately our cameras can't pick it up, but you have to see it to believe it!" This may usher in the old hype of kids queuing in shops to get a peek over the shoulder (which won't work!), rather than having every media outlet bombard them with images.
"You have to see it to believe it!" That's going to send Nintendo further into the black.
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"Nintendo took a one time $794 million foreign exchange loss which is what resulted in the overall $288 million loss.
This is only the second time in company history to have a quarterly loss and both were for the exact same reason."
So, although the market may be saturated and all that, they're still making lots profit. I think the 3DS will make get a pre-xmas launch in Japan and from that point on they'll be printing money again, just like when the DS took off.
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'Saturation' always features in the comments of a DS/Wii sales drop news article. It's the Prachter factor. You're bound to be right eventually.
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But only if you have enough quality games to do so...