Nintendo Loses $132 Million – Wii Sales Half of 2011 Numbers

Posted Wed Jul 25, 2012 at 12:30 PM PDT by Dick Ward

Anticipation for the Wii U has sent sales of the Wii in a significantly downward direction.

Last year, Nintendo sold a whopping 1.56 million Wiis in the first quarter. This year, in the same fiscal quarter, the company sold just 710,000 – less than half of 2011’s numbers. That, combined with DS sales a third of 2011’s numbers have caused a rough year for Nintendo, which reported a loss of $132 million.

The only system that increased in sales is the 3DS, which went from 710,000 last year to 1.86 million – a change that’s certainly been helped on by an increase in available titles and a fairly significant price drop.

The coming of the Wii U is certainly responsible for some of this drop off, and we can expect to see Nintendo sales increase hugely when the console is finally released.

Source: Venture Beat

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Tags: Nintendo, Industry Trends, Wii, Wii U (all tags)