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1UP said:"GameCube sales have been falling 40 percent year-on-year in the U.S.," said Amir Anvarzadeh, director of Japanese equity sales at KBC Financial Products in London. "You could argue it's one of the worst-performing consoles."
Most of us, I am sorry to say, saw this coming; my only question is why didn't Nintendo? Delaying the release of Twilight Princess, the lack of any really big titles to entice first-time GameCube buyers, and a focus that seemed to shift dramatically to handhelds has left the GameCube to languish under the dust.
"We will more than likely have to lower our unit sales forecast for GameCube," said Yasuhiro Minagawa, a Nintendo spokesperson. In May, the company had said it expects to sell 2.8 million units this fiscal year.
1UP said:Minagawa also said sales of the Nintendo DS failed to meet targets in the first half.
1UP said:However, Nintendo is not doing too poorly from a fiscal standpoint; they are profiting from a weaker yen. Net income rose to 36 billion yen from the 19 billion yen estimate in May and 46.4 billion yen a year earlier. For the year ending March 2006, Nintendo kept its full-year profit forecast at 75 billion yen.