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TK14 said:
I think it just reconfirms what they already knew and were probably expecting....that they aren't going to sell much hardware until more of their own software is available. When the games come, the hardware sales will pick up. Maybe not as much as some people are expecting nor as much as Nintendo is hoping, but the hardware sales WILL improve as Wii U receives at least two solid games per month (most of which are first-party) from August thru December.

Also...people need to realize that 160,000 for the quarter is the "shipped" number. They SOLD more than that during the quarter...but they had over-shipped earlier in the year and back at the end of last year (especially in Europe) and so they needed to ship very little to meet the low demand.

Very true. But the problem is that may be too little, too late. Nintendo had the opportunity to set a high bar for their competition by being the first with a new console. They missed that chance and now their main competitors have the opportunity to do some major damage to them.

True with the shipped totla, but that doesn't mean they sold 160,000 either. They could ship 160k consoles and not sell a single one (in theory). The understanding is that the number shipped generally reflects the relative sales. There's no data showing they sold even 160k units in Q2 (yet).