May 8, 2014
The Japanese electronic entertainment company Nintendo closed its fiscal year ended in March with a net loss of 23,222 million yen (163 million euros), in contrast to the profits of 7,099 million yen (50 million euros) the previous year. , as a result of the weak sales of its ‘Wii U’ console.
The company had initially predicted that nine million game consoles would have been sold by the end of March. However, despite the price reduction, only 2.72 million machines were sold.
via Nintendo loses 163 million euros due to low sales of ‘Wii U’ | Technology | THE WORLD.
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