Nintendo Reveal Q1 2014 Financials – Captain Toad: Treasure Tracker EU Release Delayed
Nintendo’s financials haven’t looked great for the last 5 financial quarters, and todays monetary reveal doesn’t paint a prettier picture for the Kyoto company.
The latest financial results cover the period from April to the end of June 2014, and while they show an upturn in Sales of the Wii U, and continued strong sales of the 3DS, Nintendo hasn’t quite done enough to turn a profit, instead registering a ¥9.47bn ($92.6m/£54.7m) loss.
Sales of the Wii U soard in the quarter, as the release of Mario Kart 8 saw gamers flock to stores to take on Mario’s latest motorsport jaunt. The Wii U sold 510,000 units, bringing the total sold since its release in November 2012 to 6.68 Million, with total Wii U software sales sitting at 36 Million. The 3DS sold an impressive 820,000 units in three months.
Despite registering another financial loss, Nintendo is feeling upbeat about the remaining financial year, predicting a year-end profit of around ¥40bn (£230m). Nintendo is blaming the loss on the lack of major releases on either of its key platforms – but expects things to pick up in the run up to Christmas with the release of Smash Bros. , Pokemon Ruby and Alpha and the Amiibo range of figurines.
Nintendo also updated us on the release window for Captain Toad: Treasure Tracker, stating that the game will not be released in Europe until Q1 2015. The release is still scheduled to launch in other territories before the end of 2014.
So what do you think of the latest results from Nintendo? Some good news mixed with bad? Hope for the future? Or should Nintendo just go back to making playing cards? Let us know in the comments section, below.
