Nintendo’s Wii U has had a rocky start, to say the least. Sales of the new console have been hugely disappointing thus far, forcing Nintendo to slash the system’s price despite repeatedly stating that it would not. According to comments made recently by Atari founder Nolan Bushnell, Nintendo may currently be on a “path to irrelevance” by sticking to dedicated home and portable video game consoles while refusing to embrace mobile platforms. And if there’s anyone who knows about dominant gaming console companies becoming irrelevant, it’s Bushnell. More →
Nintendo’s newest portable gaming console may be ugly but at least it’s cheap. The Japanese gaming company announced on Wednesday that it will start selling its new Nintendo 2DS portable console on October 12th for a rock-bottom price of just $129.99. Nintendo says the console will play all Nintendo 3DS games in 2D and that it has been “designed specifically for anyone looking for a more affordable entry point into the world of Nintendo hand-held video games.” While releasing a cheaper portable console is certainly a smart move on Nintendo’s part, the fact that the new console cannot be folded and is aesthetically rather unappetizing may make it a tough sell. Nintendo’s full press release follows below. More →
Nintendo on Wednesday announced that the Deluxe edition of the Wii U will be getting a price drop of $50 to a new MSRP of $299.99 beginning September 20th. The Verge notes that only about 3.45 million units have made it off of store shelves since the console launched late last year, according to Nintendo’s estimates. In the months since the console debuted, it has yet to turn a profit for Nintendo, but the company adamantly stated on more than one occasion that the Wii U would remain at its $349.99 price for the foreseeable future. Clearly the lack of third-party support and the continual decreasing sales have put pressure on Nintendo to change its mind, especially with the upcoming launches of the highly anticipated Xbox One and PlayStation 4. Nintendo faced a similar dilemma (although on a slightly smaller scale) after the 3DS was met with tepid sales when it first launched. A price decrease and a welcome redesign managed to restart the life of the portable system — now Nintendo hopes to do the same with the Wii U. Nintendo’s full press release follows below. More →
The long-term challenge that mobile apps present Nintendo keeps getting more formidable. The new joint study from IDC and App Annie shows how consumer spending on games for iOS and Android continues to soar above spending on portable console games. In Q2 2013, revenue from iOS games was more than double the revenue generated by 3DS and Sony Vita games. Google Play games alone also generated more revenue than the entire portable console industry. More →
It’s safe to say that Nintendo has made some mistakes with the Wii U over the last year. GamesIndustry reports that Nintendo is still selling its newest console at a loss nearly nine months after its launch. The company said last year that it would be selling the Wii U at a loss only initially and that increased manufacturing efficiencies and lower component prices would shortly make the console profitable. That Nintendo still hasn’t managed to turn any profit from Wii U sales is especially discouraging because the console’s sales have been disastrously low so far this year and they have little hope of getting better now that Sony and Microsoft are both gearing up to launch their own next-generation consoles by the end of the year.
Nintendo shares fell 5% in Tokyo on Wednesday as the company posted June-quarter results that don’t paint a pretty picture. The company managed to swing to an $88 million net profit despite sales that fell 3.8% on-year, but Nintendo’s new Wii U console still isn’t showing any signs of life. A report from earlier this week revealed that U.K. retail giant Asda recently pulled the Wii U from store shelves, and now we know why: June-quarter sales totaled just 160,000 units globally. That figure is down by more than 50% from Nintendo’s March-quarter unit sales, and cumulative sales since the console launched last November total 3.61 million units. Nintendo hopes to sell 9 million Wii U consoles by March 2014.
Nintendo got a huge jump on the competition when it launched its next-generation Wii U video game console ahead of the holidays last year. Unfortunately, that big advantage didn’t pan out and sales of the company’s new console continue to slump. More bad news came for Nintendo this week as retail giant Asda, the U.K.’s second largest grocer, stopped stocking the Wii U in its 555 stores across Britain. CVG was first to report the news, noting that the Wii U is still available for purchase from the company’s Asda Direct website, along with a few game titles and accessories. ”Asda continues to offer customers a selection of Wii U games and accessories through Asda Direct, but these ranges are currently not on offer in Asda shops,” the retailer said in a statement to CVG.
Things are still not looking very good for Nintendo’s Wii U video game console. Recent numbers show that even Sony’s PS Vita is now crushing Wii U sales, and game makers are starting to distance themselves from the new console. Electronic Arts said it doesn’t plan to make any of its next-generation games available on the Wii U for the time being, and now Ubisoft is the latest company to begin to distance itself from the struggling console. More →
A fascinating drama is playing out in Sony and Nintendo’s home market — the PS Vita has found a new lease on life, while the Wii U continues flatlining. This could have a profound impact on how powerful Japanese game developers map out their 2014 and 2015 software strategies. During the week ending in June 30, Sony’s portable console found the third biggest smash of its life cycle so far as “Toukiden” sales for the PS Vita hit 127,000 in its first week of availability. According to Famitsu, this lifted Vita’s weekly hardware sales to 34,000 from 14,000 in the previous week. This is splendid for Sony on two different levels. First, a title that wasn’t expected to be a big seller managed to top 100,000 units without a massive marketing push. Second, the ”Toukiden” debut had an immediate and substantial impact on Vita sales. Some of the recent Vita games have been very effective in helping to push system sales. More →
New Nintendo CEO Satoru Iwata is not exactly a breath of new air. As a matter of fact, he sounds eerily like Nokia executives circa 2007, swimming deep in a river called Da Nile. Iwata does not think smartphones and tablets have any impact on the video game market. Iwata does not see Nintendo producing any games for such devices. Iwata thinks Nintendo can go on running its business like it’s 1999. More →
Gamers hoping that Nintendo would try to boost poor Wii U sales by slashing the console’s price are in for a disappointment. In an interview with VentureBeat last week, Nintendo marketing executive Scott Moffit said that the company has “no plans to change the price of Wii U,” which he described as a “great value” for gamers. Instead, Moffit said he expected sales for the console to increase once new games for Nintendo’s popular Mario, Zelda and Super Smash Bros. franchises get released in the coming months. Moffitt’s remarks echo those made by Nintendo CEO Satoru Iwata, who recently blamed the Wii U’s poor sales on its lack of top-notch games.
Sales of Nintendo’s Wii U console have been calamitously bad so far but the company’s CEO isn’t about to start blaming the rise of mobile games. Instead, AllThingsD reports that Nintendo CEO Satoru Iwata thinks that the Wii U has sold poorly because Nintendo isn’t providing gamers with enough top-notch titles to draw them to the system. More →
The Wii U will be one year old by Christmas 2013. How is it possible that Nintendo was unable to produce an entirely new iteration of its Mario, Zelda, Mario Kart and Super Smash Bros. franchises within the first year of the console’s life cycle? Nintendo has known for a long time that it will have to face the big debuts of the new Xbox and PlayStation boxes around the 2013 Christmas season. It is inconceivable the company can be so deluded or arrogant that it thinks it can coast along without a major new revival of any of its big franchises until 2014. More →