Bad news from the financial side of the industry. Earlier today, Nintendo announced its sales forecasts, and it didn’t look too good. The fiscal year for Nintendo ends on March 31, 2014, and they had originally forecasted selling 18 million units of the 3DS, but have dropped that forecast to 13.5 million, which would be down just a bit from the 13.95 million they sold last year.

On the Wii U side of things, it’s much worse then Nintendo had anticipated. Originally forecasting to sell 9 million Wii U’s, that number was changed drastically, to a slightly more manageable 2.8 million. Its fairly obvious just from that forecast alone that Nintendo knows the Wii U isn’t selling as well as they had hoped, which can’t come as much of a surprise to gamers. The Wii U hasn’t exactly done well since its launch, and many gamers consider it to be a joke when compared to the PS4 and Xbox One. However, even with the announced loss of sales,¬†Nintendo president Satoru Iwata has stated that despite the inability to return the platform to a profitable one, he will not be resigning.

Although there is still about 2 months left in Nintendo’s fiscal year, it seems like they have already resigned to the fact that their systems aren’t going to meet any of their goals for the year, which would make 2014 a critical year in terms of sales and hardware for Nintendo. If they can’t turn things around for the Wii U, it will be interesting to see what they decide to do with the console. Personally, I think the Wii U is a pretty good system, and has a bunch of fun games, but a not so great online system, coupled with the lack of fun 3rd party games, might spell doom for Nintendo.

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