Nintendo takes credit for industry growth

Says its sales "offset decline" of rivals in US.  

Nintendo has issued a bullish press release about January's US sales figures, ignoring the month-on-month declines and focusing on huge year-on-year growth.

The company bluntly stated that the massive increase in its hardware business compared to last January was making the rest of the industry look good.

"While the videogame industry grew by USD 150 million (12 per cent) year-on-year, Nintendo's total sales grew by USD 300 million in January, offsetting declines on other platforms," said the platform holder.

Wii sales were up 148 per cent on last January, and DS sales were up 99 per cent, a remarkable performance from an ageing machine. More than 18 million Wii units have now been sold in the US alone.

Nintendo also noted that half of the software top ten was composed of first-party exclusives for its platforms - with Wii Fit, Wii Play and Mario Kart Wii occupying the top three, and the positively ancient Mario Kart DS and New Super Mario Bros still troubling the lower reaches at 7 and 8.

Nevertheless, Nintendo still slashed its profit forecast last month, due to the strength of the yen and falling demand for the Wii in Japan. Incredibly, it expects to post a 200 billion yen loss this fiscal year. If even Nintendo can't make money in 2009, who can?

Update: The information in the above paragraph is incorrect. Due to the strength of the yen relative to the dollar and euro, Nintendo expects foreign-currency losses to cost it 200 billion yen this fiscal year. It will not post an overall loss of 200 billion yen. Our apologies for any confusion caused.

Sometimes we include links to online retail stores. If you click on one and make a purchase we may receive a small commission. Read our policy.

Jump to comments (23)

About the author

Oli Welsh

Oli Welsh

Editor-in-chief  |  oliwelsh

Oli is the editor of Eurogamer.net and likes to take things one word at a time. His friends call him The European, but that's just a coincidence. He's still playing Diablo 3.

Related

You may also enjoy...

Supporters only

Supporters only | Letter from the Editor: What's with all the good reviews?

We're supposedly suffering a game drought, but we've never recommended so many games. What's going on?

Premium only | Off Topic: A brilliant podcast about 90s pop

Oli Welsh on 60 Songs That Explain the 90s.

Premium only | The Eurogamer Podcast returns! Meet the UK's first professional gamer

New host, new direction, exclusive early access for Premium supporters.

Comments (23)

Comments for this article are now closed. Thanks for taking part!

Hide low-scoring comments
Order
Threading
Eurogamer.net

Buy things with globes on them

And other lovely Eurogamer merch in our official store!

Eurogamer Merch
Explore our store