Nintendo released its financial report for its third quarter ending Dec. 31, 2012 on Wednesday. The report shows a dip in how many Wii U and Nintendo 3DS consoles the company expects to sell by the end of its fiscal year but has increased its overall profit expectations thanks to a weaker yen.
The original forecast for Wii U sales by the end of March 31, 2013 was 5.5 million units. Nintendo has now revised that down to 4 million. The new console sold 3.06 million units from its launch in early November through the end of December. It's worth noting that the original Wii sold 3.5 million units through the end of 2012.
Similarly, the original Nintendo 3DS forecast was 17.5 million handhelds which has been changed to 15 million. The Nintendo DS is now expected to sell 2.3 million units instead of 2.5 million. The 3DS sold 12.7 million units through the end of 2012 with that number consisting of just over 7 million units. Meanwhile, the DS managed just 2.15 million units sold in all of its various flavors.
Nintendo is back to being profitable as it recorded net profits of $159 million so far for its 2012 fiscal year after a loss of $530 million at the same point in its previous fiscal year. Nintendo did note that "owing to the fact that the Wii U hardware sales have a negative impact on Nintendo's profits, the operating loss was ¥5.8 billion" ($63.6 million).
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