Nintendo has released its Q3 financial report, showing that the company is in the black. However, despite making a profit, Nintendo has slashed its projections for the fiscal year.
Q3 sales Nintendo came in at ¥272 billion ($2.3 billion) with net income at ¥45.2 billion ($381 million). It was a strong holiday for Nintendo, especially compared to 2013, but it wasn’t enough to keep Nintendo from slashing its full-year projections. The company now expects to make a net profit of ¥30 billion yen for the fiscal year, down 6.8% from their original forecast.
During Q3, Nintendo managed to sell 1.91 million Wii Us thanks to Super Smash Bros. for Wii U and the introduction of Amiibo. Nintendo has sold 3.03 million Wii Us during the first nine months of the fiscal year, which means that the company should hit their forecast of 3.6 million units sold by the end of the fiscal year. Lifetime sales of the Wii U are at 9.2 million, behind the rumored 10-11 million Xbox One units sold, and leaps and bounds behind PS4s 18.5 million units sold.
Nintendo 3DS hardware didn’t grow significantly during Q3. 4.99 million 3DS units were sold in Q3, bringing total sales for the previous nine months of the fiscal year to 7.08 million units. Nintendo was forced to slash forecasts from 12 million to 9 million. The company is hoping that the New 3DS and New 3DS XL breathe new life into the handheld. 1.26 million units of the New 3DS XL, and 580,000 units of the New 3DS were sold last quarter in Japan and Australia. The New 3DS XL is set to launch February 13 in North America and Europe.
It was the 3DS software that made up for the lagging handheld’s sales. Nintendo has sold 53.04 million 3DS for the nine months of the fiscal year. These fantastic numbers can be attributed to Pokémon Omega Ruby and Pokémon Alpha Sapphire and Super Smash Bros. for Nintendo 3DS, which sold 9.35 million and 6.19 million units in Q3, respectively.