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Yakuzaice said:

3DS software forecast was just dropped by 6 million.  So while the Wii U forecast is up, overall it is mixed.  It's also not just the Wii/DS era that they aren't living up to.  At the equivalent time period from release the Gamecube shipped 47.37m software (versus a forecasted 25m for the Wii U) and the GBA shipped 84.57m (versus a forecasted 61m for the 3DS).

Software is wonky and you have to look at digital returns. The rise of both WiiU software (retail) and digital revenue are a strong off-set for 3DS drop in retail software. The 3DS, in particular, would see the largest drops in retail title sales against rise in digital as it is more convenient and there are a lot more digital titles on the 3DS. The numbers are hard to disentangle but its fairly evident that there is revenue, growing but not overly strong, coming from software and digital that Nintendo is starting to cultivate.

At the end of the day, its not all just Abenomics and fluctuating dollar values. As I said, there are some good signs of recovery but the majority of their current fortunes are from favorable exchanges. In a way, Nintendo is lucky with the timing.

Also the GBA/Cube are poor comparisons as the Cube was 99$, and the GBA didn't have mobile competition. The 3DS simply exists in a completely new time from the DS/GBA/Gameboy, as we can see by the Vita being completely dead.