Nintendo, earlier this year, said it was hoping games like Mario Kart 8 would spur people to buy the Wii U – and help it return to profitability.
Unfortunately, that doesn’t appear to be happening.
Mario Kart 8 is proving to be quite the power-up for Nintendo’s Wii U.
Nintendo of America president Reggie Fils-Aime told Yahoo Games that the kart racer has resulted in a significant bump in hardware sales since it hit store shelves in May, and the company has high hopes for that trend to continue.
Nintendo’s counting on its biggest game of the year to spur people to buy a Wii U.
The company, somewhat predictably, plans to bundle Mario Kart 8 with its console system, throwing in the now familiar Wii steering wheel and a Wii controller as well.
It’s a move that makes plenty of sense. Mario Kart might be familiar territory, but it has historically been a system mover for the company. What’s baffling us is the price.
Some collectors have paid more than $10,000 to be able to play Nintendo World Championships. Now you can do it for next to nothing. Sort of.
What’s considered one of the rarest game to ever appear on a Nintendo system — if not the entire video game world — is about to become more widely available, though in a slightly different format.
Roughly three months after the Xbox One hit stores, its price was cut.
On February 24, Microsoft lowered the retail price of its next generation console in the UK from £429.99 to £399.99, the equivalent of a $50 price cut in the U.S. At the same time, the company unveiled an upcoming Titanfall bundle in both regions, which includes a copy of the system’s most anticipated game at no additional charge.
The bundling of such a big game raised some eyebrows, but the UK cut really set gaming forums ablaze. Was Microsoft acknowledging weakness in Xbox One sales? Was it “pulling a Nintendo” to remain competitive? Was the company throwing in the towel?
Not at all, but it’s clear the company — and its flagship console — have their work cut out for them.
Will an as yet unrevealed mystery device be the key to Nintendo turning around its sinking fortunes?
After saying in January that it would report its third consecutive annual operating loss, the company surprised analysts and investors by disclosing that it plans to focus on nonwearable health monitors as part of a new 10-year strategy.
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.