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.
Wii U sales plummet to just 160,000 units in Q2
Published Jul 31st, 2013 9:30AM EDT
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Zach Epstein has been the Executive Editor at BGR for more than 15 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content. Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment.
His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.
