Nintendo cuts 2013/2014 sales forecast for Wii U by 70%

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It’s no secret that we here at Warp Zoned love the Wii U and want to see it succeed (just look here or here or here). However, it looks like that success will have to happen sometime in the future as Nintendo has announced that they’re cutting their Wii U sales forecast for the April 2013-March 2014 period by almost 70%.

Nintendo originally predicted that they would sell nine million Wii U consoles across the globe during the 12-month period. But now, they have revised that number down to 2.8 million. The company also expects to post their third consecutive annual operating loss. Sales expectations for the 3DS were also revised down. Previously pegged at 18 million, Nintendo now believes they’ll sell only 13.5 million during their fiscal year.

According to Reuters, Nintendo President Satoru Iwata apologized to shareholders and confirmed that he has no plans to resign: “There will be no major management shake-up in the short term,” Iwata said.

While 2013 was a rough year for Nintendo, their 2014 could be looking up as they plan to release at least a dozen games for the Wii U and 3DS including Super Smash Bros. 4, Mario Kart 8, Hyrule Warriors, Bayonetta 2, X, Bravely Default, and several others.

This entry was posted in 3DS, News, Wii U. Bookmark the permalink.

John Scalzo is Warp Zoned’s Editor-In-Chief and resident retro gaming expert. You can follow him on Twitter or email him at john AT warpzoned DOT com.


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