Nintendo Sales Down 21%
Gamasutra is reporting that Nintendo’s profits have fallen a staggering 21%. The reason? Drop in sales for the GameCube - which to me, isn’t at all surprising, all things considered. So, Nintendo is lowering its sales expectations for both the GameCube and the Nintendo DS, by 400,000 and .4 million respectively.
But I wouldn’t worry too much about Nintendo’s financial wellfare. They’re a resilient bunch, as Gamasutra points out:
Although a significant fall, Nintendo remains the most consistently profitable console hardware manufacturer when also factoring in game sales, especially compared to nearest rival Microsoft, which is estimated to have lost around $4 billion on the Xbox in the last five years. Nintendo officials are sticking to full year forecasts of operating profit of ¥90 billion ($758m), net profit of ¥75 billion ($631m) and sales of ¥400 billion ($3.4bn).
They’re doing just fine.
[via Gamasutra]
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POSTED IN: News
1 opinion for Nintendo Sales Down 21%
Matt
Nov 25, 2005 at 10:40 am
Maybe if Microsoft spent less money on the hype machine and more money on making a product that doesn’t burst into flames with the heat of a thousand suns, they’d be doing better.
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