http://www.reuters.com/article/2013/01/07/nintendo-console-sales-idUST9N09U03N20130107

Just as expected.  That brings 2012 to a close and let's get that Nintendo Direct rolling!!!

I WAS JUST ABOUT TO CREATE THAT THREAD! O.O

I'm not sure what he means by this ''Nintendo President Satoru Iwata said the weaker yen would have little impact on the firm's profits this fiscal year, but would positively impact its foreign denominated assets.''

Weaker yen would help a bit, but not by much? What do you think overall?

Nintendo Co Ltd's year-end sales of its Wii U games console were steady, though not as strong as when its Wii predecessor was first launched, the Japanese game maker's top executive told Reuters on Monday.

The company best known for its Super Mario character is pinning its hopes on the Wii U after logging its first operating loss last year, as gamers ditch console games to play on smartphones and tablets.

Nintendo said in October it aimed to sell 5.5 million Wii U devices by the end of March. Wii U, the successor to the blockbuster Wii machine, went on sale in the United States on Nov. 18. The company said later that month that it sold more than 400,000 of the video game consoles in the first week.

Nintendo President Satoru Iwata said the weaker yen would have little impact on the firm's profits this fiscal year, but would positively impact its foreign denominated assets.



Why do they (the media) ALWAYS bring up smartphones and tablets? All they'll do is maintaining the console market on a 7th gen instal base; no growth - but it's not like they'll destroy gaming!!

And did anybody really think Wii U would sell like the Wii? Really?

I inferred from that there was "little" profit so the currency fluctuation would be immaterial.  The variable cost of rhe products are mostly hitched to local currency (given how RMB is hitched on production cost side and marketing is always local currency).  The foreign denominated assets is a broader category than Cash, so the movement might be an even greater impact than we thought (or I hoped)?

There is nothing Iwata can do to trumpet Nintendo's situation.  Only a full 2013 release schedule would cheer fans and investors alike.

I honestly think wii u is selling like crap, the system has plenty of stock and just launched with its best selling game of all time sequel, and at a great price for a new system.

I think a lot of people did. Why do you think so many people put up a Wii U on Ebay, they thought it would have been sold out just like the Wii was when it first released.

I also think Nintendo thought so as well.

Eh? Did Nintendo release Wii Sports U and Mario Kart U while I wasn't paying attention?

The same way they refuse to accept Tablets as an evolutionary step in "computing".  But at least there you have the wintel twins losing market share.  Nintendo's 3DS and Wii U sales track so closely to their predecessors, calling an entirely new genre of gaming Nintendo's loss is beyond me.  I see those as expansions of video gaming industry with vast potential upside as feeder market and now much easily reached audience for future marketing.

Man, you most have hated the launch of xbox360 and PS3!! Prepare to be disappointed when PS720 releases ;)