Mario Kart 8 Can’t Save Nintendo from $97 Million Loss

It’s sad news for Nintendo as they agree that they have made a huge loss. They state that their loss was due to the fact that the WiiU just didn’t have enough big titles at launch and quite frankly, it still doesn’t have enough big titles.

Nintendo said:

“The operating loss was 9.4 billion yen because total selling, general and administrative expenses including fixed expenses exceeded gross profit.”

Nintendo are now relying on the new Super Smash Bros title and Pokemon, an all time fan favorite, to carry the sales forward for the WiiU. Wii U console sales have improved in the Americas and Europe: 510,000 units were sold worldwide in the last three months, compared to 160,000 in the same period last year, which shows more and more people are picking up a WiiU but my guess is that this boost was more or less entirely down to the launch of Mario Kart 8.

Skylanders is another title Nintendo are hoping to release for the WiiU after it’s huge success with previous generation consoles, Mario Kart 8, at the time of writing, has sold 2.8 million units worldwide. Let’s hope big titles will bring further boosts in WiiU popularity, for the sake of Nintendo.

Thanks to Engadget for supplying us with this information.

Image courtesy NintendoWikia.