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Nintendo now expects to sell 4m Wii U units by the end of the current financial year. That’s down from its previous 5.5m unit sales forecast. It has also lowered its projected 3DS sales from 17.5m to 15m units. The company also revealed that lifetime Wii U sales now stand …
Read More »"Weakened" sales of Resident Evil 6 force Capcom to lower forecasts
Capcom has lowered its net income predictions by nearly a third for the year ending March 31st. It had previously forecast 105,000m in net sales, 15,700m in ordinary income and 9,800m in net income. These numbers have been reduced to 93,500m, 10,000m and 9,500m respectively. The publisher admitted that while …
Read More »IHS Screen Digest questions Wii U potential as US launch nears
The Wii U arrives in the US this weekend, but one leading analyst has claimed Nintendo will need to up its game if it wants the new console to replicate the success of its predecessor. IHS Screen Digest analyst Piers Harding-Rolls does, however, believe that Wii U will have a …
Read More »Capcom: Resident Evil 6 "has been successful to some degree"
Critics may have largely written the title off, but Capcom insists that Resident Evil 6 has achieved a level of commercial success. The publisher does admit, however, that it’s too early to make a definitive judgement. Resident Evil 6 continues to generate repeat sales in Japan and overseas,” it told …
Read More »PlayStation revenues fall as handheld console sales forecasts are downsized
Sony has again lowered its predicted handheld sales as revenues fall for the latest quarter. CVG reports that having once predicted combined unit sales of 16m for the Vita and PSP, this was later downsized to 12m. Now Sony has again cut the forecast to just 10m handheld unit sales …
Read More »Nintendo will sell Wii U at a loss; Analyst questions launch sale predictions
Some may have been surprised at the Wii U’s relatively high launch price, but Nintendo will still be selling the hardware at a loss. In addition to the yen’s continuous appreciation, the Wii U hardware will have a negative impact on Nintendo’s profits early after the launch because rather than …
Read More »Nintendo downsizes forecasts by 70% after weaker than expected 3DS sales
The 3DS is failing to perform as expected in territories outside of Japan, Nintendo has conceded. The handheld’s struggles played a big part in Nintendo’s decision to downsize its profit forecasts by 70 per cent. Net sales for the six months ending September were down 6.8 per cent at 200,994m. …
Read More »Nintendo reports Q1 loss and cuts full-year profit expectation 82%
A slow start for the launch of the 3DS has bitten Nintendo hard. In its Q1 financials fro the period ending June 20th, the firm reported an operating loss of 7.7bn YEN ($483.6 million) and cut its annual profit forecast by 82 per cent from 175bn YEN to 37.7bn YEN. …
Read More »Square Enix cuts sales forecasts
Square Enix has lowered sales forecasts for its six-month fiscal period ending September 30th, 2010. The Final Fantasy and Lara Croft publisher now expects to receive net sales of YEN 68bn (527m), down from YEN 76bn (589m). It predicts a decrease in profit from YEN 2.4bn (18.5m) to YEN 1.7bn …
Read More »Black Ops to sell 10.7m in year one
Call of Duty Black Ops will put in a sales performance far closer to Modern Warfare 2 than anyone has previously predicted, according to one analyst. Gamasutra reports that Cowen and Company’s Doug Creutz believes the FPS could sell as many as 10.7m copies in its first year, a number …
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