Nintendo Sales Down 8% in 2nd Quarter Despite Mario Kart 8

posted on 2014-08-04 23:50 EDT

The release of Mario Kart 8 in May has failed to boost Nintendo out of a second-quarter slump, with total sales dropping eight percent to 74.7 billion yen (US$72.7 million) since last quarter.

Nintendo suffered a 17.2 billion yen (US$174.9 million) loss in profits from 2012 to 2013.

The Wii U has only sold around 6.6 million units since its November 2012 release, while Sony's PlayStation 4 has sold 8.7 million units since its release one year later.

Nintendo still projects profits around 40 billion yen (US$39.2 million) by the end of 2014. Super Smash Brothers for Wii U is expected to bolster profits when it ships on September 13 in Japan and October 3 in North America and Europe. In addition, the Amiibo system will debut later this year.

Thanks to Daniel Zelter for the news tip

Source: Deadline

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