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Nintendo cuts financial forecasts, but still expects to make a profit

by Ron Duwell | February 29, 2016February 29, 2016 12:30 pm PDT

Nintendo has altered its financial forecast for the company’s April 2015 to March 2016 fiscal year, slashing the estimate of ¥35 billion ($307 million) down to just ¥17 billion ($150 million).

The main culprit for this drop in revenue is the sagging sales of the Nintendo 3DS, which clocked in 1 million hardware units under what Nintendo had originally intended. Software sales also come up short by 9 million units.

The Wii U chugged along with its usual low expectations, but at least it met its goals. The surprising phenomenon of Splatoon and its 33 percent attachment rate secured the Wii U a positive lasting image in what could possibly be its final year as Nintendo’s dominant platform.

And of course… amiibo. Need I say more?

With both the Wii U and Nintendo 3DS coming to the end of their lifespans, it’s becoming more and more obvious every day that Nintendo is going to have to find a proper successor for both consoles, and it’s going to have to nail it. Hopefully, the NX can account for both.

Ron Duwell

Ron has been living it up in Japan for the last decade, and he has no intention of leaving this technical wonderland any time soon. When he's not...