Nintendo reports £283m full-year loss due to poor 3DS sales
With Nintendo recording their first ever loss in 30 years the pressure will now be on to achieve strong results riding off the back of the Nintendo Wii U
Nintendo Wii U
Nintendo has announced a full-year loss of £283m, a figure far higher than the £165m predicted at Christmas is the companys first loss in over 30 years.
Blaming the smartphone market and the increase in mobile-gaming Nintendo has seen its handheld console the Nintendo 3DS sell just half of their predicted 11 million units.
Due to this the company predicted that its slow start could see a first annual loss in three decades reach 20 billion yen (£165 million), of course this was a much lower prediction than the actual loss recorded.