Nintendo's (JAP) Sales and Earnings Fall

[Deleted_171835]

Nintendo released its quarterly earnings statement today, showing a drop in sales and earnings for the first quarter (April through June). As reason for the drops, the company blamed the appreciation of the yen and the lowering of the DS price.

The company did ¥188,646 million in sales over the three month period, down from the ¥253,498 million of the same period last year. Operating income was down from ¥40,401 million to ¥23,342 million.

There were some successes for the company over the fiscal period. Super Mario Galaxy 2, released in May, has sold 4.09 million units worldwide. The company also pointed to continued success for Pokemon HeartGold/SoulSilver and Tomodachi Collection, both of which were released last year.

DS sold 3.15 million units over the three months, down sharply from the 5.97 million of the same period last year. The system has now sold 132.04 million units worldwide.

Wii saw a gain from last year's 2.23 million units to 3.04 million units, bringing its life to date to 73.97 million units.

Both platforms saw drops in software sales for the period. DS software sales fell from last year's 29.09 million units to 22.41 million units. The system has sold a total of 740.93 million pieces of software so far. Wii sold 28.17 million games during the three months, down from the 31.07 million of last year. The system has sold 573 million units since launch. These figures do not include download games.

You can see more from Nintendo's earnings at its investor relations page.

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There has been a drop in sales from April to June. Pokemon HeartGold/SoulSilver continue to sell well. DS sales are dropping probably because there are little support for it now. There are barely any AAA games coming out for it in the next few months.

Source

Original Source

 

[spinal_cord]

I would take a guess that announcing the 3DS is what has lowered DS sales, people are just waiting for the 3DS before buying one.

 

[Sephxus]

There's no more people to sell the ds to.

 

[riverchen]

Haha, now they blame it on piracy.

 

[Overlord Nadrian]

I would take a guess that announcing the 3DS is what has lowered DS sales, people are just waiting for the 3DS before buying one.

I thought the same thing, most people will be saving up for a 3DS now instead of buying other hardware and/or software in the meantime. At least that's what I'm doing.

 

[hova1]

i think most people don't even know what a 3DS is. It's just that the market is saturated with DSs.

132.04 million units sold is around 10 million units away from the PS2. I wonder how long before it's gonna catch up to it.

 

[SamAsh07]

I'm saving for the 3DS too, but I do have DSi, DSL and DS (XL is just ugly though)

Don't worry Nintendo, about the sales drop, that's life, it will rise the next month.