US holiday sales of Wii U below already low expectations, says Sterne Agee's Arvind Bhatia
While previous reports of the Wii U's sales have been somewhat good, the holiday season as a whole apparently was not that great a debut for Nintendo's new console, according to Sterne Agee analyst Arvind Bhatia.
In an investor note, Bhatia detailed how hardware and software sales for the Wii U at GameStop fell below expectations, adding that availability of the console at the retailer's stores remains "abundant."
Furthermore, Bhatia revealed that the Wii U Deluxe Set is selling more than the Basic Set (understandable, since it's a much better deal). On the software end, it was said that the attach rate for Wii U software (the sales of games alongside the consoles, in other words) at GameStop is lower than expected, though a specific rate was not provided.
"Our conclusion is the Nintendo Wii U launch has been slightly disappointing," Bhatia said in closing.
As a Nintendo fan, it hurts to read this, to think that the Wii U could be underperforming at GameStop, and elsewhere most likely. Luckily, I see one bright side to this, and that is it should be easier for me to buy one once I have a little cash to spare. Besides that, though, this is still bummer news.
A writer, journalist, and aspiring storyteller, Peter Grimm has been gaming since the days of the Nintendo 64, and reporting on the goings-on in the World of Gaming since late 2011. His base of writing operations is located within the void between Here and There, or so he would have you think.
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