28th July 2011, 12:43 AM
Nintendo loses money for Q1 of the 2011 fiscal year (Apr-Jun 2011):
http://www.nintendo.co.jp/ir/pdf/2011/110728e.pdf
Here you can also see charts showing system sales so far this year. So far this year the DS and Wii are both down by almost 50% versus last year, and the 3DS isn't fully making up for the gap. This isn't really surprising though, given how badly the Wii in particular has fallen apart this year... as if Nintendo should have expected anything else when they're barely trying and aren't releasing any games for it anymore in the US, though? Also, the strong Yen hurt Nintendo again. But yeah, whatever teh cause it's a substantial loss for the quarter.
3DS price cut:
http://press.nintendo.com/articles.jsp?id=30048
The 3DS's price is being cut from $250 to $169 as of Aug. 11. In Japan, prices are going from 25000 yen to 15000. To make up for that for people who bought the system for the higher price, Nintendo will be giving people who register their 3DSes before that date 10 free NES VC games for the system and 10 free GBA VC games for the system, in both cases before the games for those systems are available for purchase otherwise.
Games Japan gets include:
... So yeah. The price cut isn't surprising, given the 3DS's mediocre sales, but the SIZE of the price cut is somewhat surprising, I'd have thought they'd go to $220 or $200, not all the way to $170... they must really want sales to increase. We'll see how it works. I hope that Nintendo can get back on track, they seem to be slipping this year and I hope they recover and get back to the success they've been having. Oh, and actually release some games here please...
http://www.nintendo.co.jp/ir/pdf/2011/110728e.pdf
Here you can also see charts showing system sales so far this year. So far this year the DS and Wii are both down by almost 50% versus last year, and the 3DS isn't fully making up for the gap. This isn't really surprising though, given how badly the Wii in particular has fallen apart this year... as if Nintendo should have expected anything else when they're barely trying and aren't releasing any games for it anymore in the US, though? Also, the strong Yen hurt Nintendo again. But yeah, whatever teh cause it's a substantial loss for the quarter.
3DS price cut:
http://press.nintendo.com/articles.jsp?id=30048
The 3DS's price is being cut from $250 to $169 as of Aug. 11. In Japan, prices are going from 25000 yen to 15000. To make up for that for people who bought the system for the higher price, Nintendo will be giving people who register their 3DSes before that date 10 free NES VC games for the system and 10 free GBA VC games for the system, in both cases before the games for those systems are available for purchase otherwise.
Games Japan gets include:
Quote:Free VC NES games for 3DS (from sept 1st):
Super Mario Bros.
Super Mario Bros.
Donkey Kong JR.
Balloon Fight
Ice Climbers
The Legend of Zelda
+ 4 more
Free VC gameboy advance games for 3DS:
Super Mario Advance 3
Mario Kart Advance
Metroid Fusion
Wario ware
Mario vs. Donkey Kong
+ 5 more
... So yeah. The price cut isn't surprising, given the 3DS's mediocre sales, but the SIZE of the price cut is somewhat surprising, I'd have thought they'd go to $220 or $200, not all the way to $170... they must really want sales to increase. We'll see how it works. I hope that Nintendo can get back on track, they seem to be slipping this year and I hope they recover and get back to the success they've been having. Oh, and actually release some games here please...
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