Nintendo 3DS Sales Fail to Meet Expectations

Only a couple of days we brought you some news on the Nintendo 3DS where we looked at the fact that Nintendo is looking to the success of the 3DS and also the Wii 2 when out, to restore plummeting sales. However we have heard today that Nintendo 3DS sales have failed to meet expectations.

We had already brought you initial sales figures and then further to that, news about sales that seemed exceptional, of 400,000 units in its first four days on sale in the US. However although we, and most others thought that Nintendo would be pretty pleased with those figures, it seems that instead the company is disappointed.

Nintendo’s president Satoru Iwata said at an investors briefing, “Sales of the 3DS have been weaker than expected since the second week of launch in the US and Europe,” according to an AFP report on Yahoo. Although the company expected sales of 4 million the target was missed and instead the 3DS has received sales of 3.61 million. Nintendo’s net profit for the year up to the end of March dropped by 66.1% to a figure of 77.6 billion yen, or US $942 million, while sales were down by 29.3%.

Meanwhile Chris Kohler over on Wired tells us that analyst Michael Pachter, of Wedbush Morgan, advises that Nintendo need to either lower the price of the 3DS or come up with some better games for the device saying, “I think this could change if some compelling software comes out, but I am frankly surprised at the tepid reaction.” Many others feel that the price of the device is simply too high.

What are your thoughts on the sales for the Nintendo 3DS so far, not living up to Nintendo’s expectations? We’d like to hear your comments on this so please do send them in.