3DS Sells 3.6 Million in First Month
Although not exactly the end of the world, it would appear the recently launched stereoscopic 3DS has failed to halt Nintendo’s gradual market decline. Don’t panic.
The groundbreaking 3DS portable may have amassed largely positive hardware reviews and a fair amount of public interest, but the diminutive 3D console has failed to meet Nintendo’s projected sales figures for the opening month of availability in Japan.
Speaking during an earnings call, Nintendo president Satoru Iwata also said sales of the 3DS “have been weaker than expected since the second week of launch in the U.S. and Europe,” despite a solid opening week of consumer purchasing in both markets.
Nintendo had envisaged reaching four million 3DS sales by the close of March, but revealed during the call that retail momentum flagged at around the 3.6 million unit mark.
Iwata also acknowledged a problem we here at 3DS Buzz have been harping on about for weeks: the console’s glaring lack of standout software titles at launch.
“Some people may be waiting, thinking that there aren’t yet enough software titles that they want to play,” he added, before taking the time to point out the upcoming June release of The Legend of Zelda: Ocarina of Time 3D.
Adding to any sense of disappointment seeping through the Nintendo boardroom, the Japanese gaming titan said its Net profits for the fiscal year ending March 31 plummeted by 151.02 billion yen to 77.62 billion yen, which equates to a year-on-year loss of 66 percent.
Although 3DS unit sales may not have met Nintendo’s expectations, it’s perhaps worth noting that any shortfall in its home market of Japan was likely influenced by the devastating earthquake and tsunami that recently tore across the region.
Source: Wall Street Journal
Front-page image: emrank/Flickr