{"id":53173,"date":"2013-04-24T11:14:50","date_gmt":"2013-04-24T09:14:50","guid":{"rendered":"http:\/\/mygaming.co.za\/news\/?p=53173"},"modified":"2013-04-24T11:16:22","modified_gmt":"2013-04-24T09:16:22","slug":"nintendo-suffers-another-loss","status":"publish","type":"post","link":"https:\/\/mygaming.co.za\/news\/business\/53173-nintendo-suffers-another-loss","title":{"rendered":"Nintendo suffers another financial loss, Wii U sales falter"},"content":{"rendered":"<p>Nintendo has released its financial results for the business year ended 31 March 2013, and things aren\u2019t looking too good for Nintendo and its Wii U.<\/p>\n<p>As for the numbers themselves, net sales were 635.4 billion yen, with operating loss of 36.4 billion yen; this can be contrasted with the 43 billion yen loss of the previous financial year.<\/p>\n<p>Ordinary income for the company was 10.4 billion yen, and net income was 7 billion yen.<\/p>\n<p>The Wii U is one of the factors in Nintendo\u2019s results. The company managed to sell 3.45 million units, which didn\u2019t really reach the forecast 4 million; which itself was a downward revised figure from their initial 5.5 million unit projection.<\/p>\n<p>Over the next fiscal year, Nintendo forecasts the sale of 9 million Wii U hardware units.<\/p>\n<p style=\"text-align: center;\"><a href=\"http:\/\/mygaming.co.za\/news\/wp-content\/uploads\/2013\/04\/Nintendo-Hardware-Unit-Sales-March-2013.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter  wp-image-53171\" alt=\"Nintendo Hardware Unit Sales - March 2013\" src=\"http:\/\/mygaming.co.za\/news\/wp-content\/uploads\/2013\/04\/Nintendo-Hardware-Unit-Sales-March-2013-498x600.jpg\" width=\"599\" height=\"721\" srcset=\"https:\/\/mygaming.co.za\/news\/wp-content\/uploads\/2013\/04\/Nintendo-Hardware-Unit-Sales-March-2013-498x600.jpg 498w, https:\/\/mygaming.co.za\/news\/wp-content\/uploads\/2013\/04\/Nintendo-Hardware-Unit-Sales-March-2013.jpg 573w\" sizes=\"auto, (max-width: 599px) 100vw, 599px\" \/><\/a><\/p>\n<p style=\"text-align: center;\"><a href=\"http:\/\/mygaming.co.za\/news\/wp-content\/uploads\/2013\/04\/Nintendo-fiscal-year-results-2009-2013.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter  wp-image-53172\" alt=\"Nintendo fiscal year results 2009 - 2013\" src=\"http:\/\/mygaming.co.za\/news\/wp-content\/uploads\/2013\/04\/Nintendo-fiscal-year-results-2009-2013.jpg\" width=\"600\" height=\"516\" \/><\/a><\/p>\n<h6>Source: <a href=\"http:\/\/www.nintendo.co.jp\/ir\/pdf\/2013\/130424e.pdf\" target=\"_blank\">Nintendo\u00a0<\/a><\/h6>\n<h3 class=\"my-4\">More Nintendo news:<\/h3>\n<p><strong><a href=\"http:\/\/mygaming.co.za\/news\/wii\/52716-nintendo-patent-puts-wiimotes-in-toys.html\">Nintendo patent puts Wiimotes in toys<\/a><\/strong><\/p>\n<p><strong><a href=\"http:\/\/mygaming.co.za\/news\/news\/52674-sa-nintendo-eshop-launches.html\">SA Nintendo eShop launches<\/a><\/strong><\/p>\n<p><strong><a href=\"http:\/\/mygaming.co.za\/news\/news\/51816-nintendo-guilty-of-3d-patent-infringement.html\">Nintendo guilty of 3D patent infringement<\/a><\/strong><\/p>\n<p><strong><a href=\"http:\/\/mygaming.co.za\/news\/news\/51181-wii-mini-sa-pricing-is-it-worth-it.html\">Wii Mini SA pricing: is it worth it?<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wii U underachieves for Nintendo. Financial losses posted and sales forecast lowered<\/p>\n","protected":false},"author":196,"featured_media":50022,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_enabled":true,"_sma_x_custom_text":"","_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[2],"tags":[31,4298,1907,9716,6217,9718,73,9717,1399,7905],"class_list":["post-53173","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-active","tag-console-market","tag-core-group","tag-financial","tag-game-industry","tag-game-market","tag-nintendo","tag-nintendo-financial-results","tag-wii-u","tag-wii-u-sales"],"_links":{"self":[{"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/posts\/53173","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/users\/196"}],"replies":[{"embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/comments?post=53173"}],"version-history":[{"count":1,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/posts\/53173\/revisions"}],"predecessor-version":[{"id":53174,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/posts\/53173\/revisions\/53174"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/media\/50022"}],"wp:attachment":[{"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/media?parent=53173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/categories?post=53173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mygaming.co.za\/news\/wp-json\/wp\/v2\/tags?post=53173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}