Unfortunately, that doesn’t appear to be happening.
The company posted a $228 million net loss for its fiscal 2014 year (which ended on March 31). That reverses 2013’s profit of $71 million.
Nintendo has announced a Yoshi-themed 3DS will go on sale March 14 – in conjunction with Yoshi’s New Island, the first Yoshi-themed title from the company in eight years.
Stung by a rough holiday season and consumer apathy towards its latest console, Nintendo has slashed its financial forecast for the fiscal year ending March 2014 and cut its Wii U sales estimate by over two-thirds.
Nintendo said early Friday that it no longer expects to earn 55 billion yen this quarter. Instead, the company says, it will lose 25 billion yen. To put that into context, it’s a shift from a $527 million gain to a $240 million loss. Ouch.
Life-to-date sales of the 3DS and 2DS have topped 11.5 million in the U.S., the company announced Friday.
U.S. District Judge Jed Rakoff has ordered the company to pay 1.82 percent of the wholesale price of each 3DS it sells moving forward to a company called Tomita, after Nintendo was found to be using patented camera technology without permission.
Several major online game networks experienced notable performance issues — and outright crashes — as a new influx of players jumped online.
In a Nintendo Direct broadcast Wednesday, company president Satoru Iwata and Nintendo of America chief Reggie Fils-Aime revealed a number of surprises and updates for both the Wii U and the 3DS — and even delivered some of them to players immediately.
The gamemaker has suspended Swapnote, the messaging app available for its 3DS handheld, after discovering that gamers have been using the service to exchange inappropriate pictures and other material.
Released last November, life-to-date sales of the Wii U stand at 3.91 million units, according to the company. That makes the Wii U one of the worst performing game systems of the past decade.
A bold claim? Yes, but take a look at first four fiscal quarters for other notable video game systems: