It is common knowledge that the Nintendo Wii U is struggling in both sales of the actual console as well as the lack of interesting titles for those who do own the console, to play. Nintendo has now officially confirmed that it is still not making any money on the sale of Wii U consoles which is worrying news as the console approaches its first birthday. A representative for the legendary Japanese company confirmed the news to GamesIndustry today, while explaining the figures in the company’s latest set of financial results.
Earlier in the week, Nintendo’s annual report identified the Wii U hardware sales as a major contributor in the company’s 36.4 billion yen (which works out at around $387 million) operating loss. Nintendo president Satoru Iwata has promised investors that the company will “strive to regain ‘Nintendo-like’ profits” during the current fiscal year but with 3rd party publishers ignoring the console and major shopping chains cancelling orders, it seems like an uphill task.
It will be an interesting to see if Nintendo can turn the fortunes of the Wii U around in the current fiscal year as the console is a good piece of kit but it isn’t getting the backing it deserves. Do you think Nintendo will ever get the Wii U selling well? Please let us know in the comments below.