[Scarlett.]

Nintendo has officially reported its fiscal results, and things are worse than originally speculated.

Yesterday there was a report from Nikkei that Nintendo would announce a group pre-tax loss of approximately 100 billion yen ($1.3 billion) for the half-year, but according to Nintendo, this figure actually turned out to be 107 billion yen.

Nintendo is forecasting a 20 billion yen loss for the full fiscal year that ends in March 2012, and which includes the upcoming holiday season – this is a marked swing from a July estimate of a 20 billion profit for the same time period. The company says that it's being hurt by an unfavorable exchange rate, but also by "weaker than expected hardware sales."

Although Nintendo says that the 3DS' price cut has improved sales of the system – which sold only 3.07 million units worldwide over the last six months – it admitted that the handheld "has yet to have many hit titles." This may change when Super Mario 3D Land comes out on November 13.

Some other worldwide numbers from Nintendo for the past six months (parenthetical figures are for the same period the previous year):

3DS software sales: 8.13 million
DS handheld sales: 2.58 million (down from 6.69 million)
DS software sales: 28.99 million (down from 54.84 million)
Wii hardware sales: 3.35 million (down from 4.97 million)
Wii software sales: 36.45 million (down from 65.21 million)

Game Informer


To be honest, I can't see the Wii U revolutionising these sales

[Niall]

Idgaf really, they've rested on their laurels for far too long. The fact that they plan to continue selling the Wii after the Wii U's launch (and the current availability of the DSLite/i whilst the 3DS is available) shows their complacency in that they'd much rather flog old, crappy hardware rather than try something new like Sony and Microsoft. Nintendo just needs to get it's **** together really.

[Scarlett.]

I totally agree with that, they're not making any big leaps forward and the names arent helping sales

[Stu]

I'm not one for company bias but I do have an irrational hatred for Nintendo so this is nice news.

[rk3388]

I love my 3ds though <3
And They are starting to try a bit harder.
The online 3ds is going to be majorly improved at the end of november and i thinki that along with super mario 3d land, and mario kart 7 will boost up their sales once again

[Doogle]

They need to stop rereleasing the Wii in stupid designs and colours now.

And they deserve it for having a ****ty 3DS launch. Hope it goes up with the amazing new games coming out this Christmas and next year. Too many to mention