According to Forbes, “The company slashed its forecast of operating profit and sales owing to the slump in sales of its home-use stand-alone game consoles.”
GameCube sales fell short of predictions, primarily due to poor sales in the US. ‘This is because the product life-cycle of our Gamecube is coming to an end,’ Nintendo spokesman Yasuhiro Minagawa said.
If you’re concerned about Nintendo’s financial shape, you shouldn’t be. The company actually saw a rise in net profit. This rise was attributed to yen/dollar exchange rates.
Could slow GameCube sells push Nintendo to an earlier Revolution launch date? Certainly, Nintendo has more incentive to see the next generation of home consoles than either of its competitors.