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US holiday sales of Wii U below already low expectations, says Sterne Agee's Arvind Bhatia

NEWS | ? Comments |

Author: Peter Grimm  

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."

US holiday sales of Wii U below already low expectations, says Sterne Agee's Arvind Bhatia

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.

Source: GameSpot

Posted on: 01/04/2013 | ? Comments
Tags: Nintendo, Wii U, holiday, fiestas, sales, ventas, Sterne Agee, Arvind Bhatia, Video Game News
Peter Grimm

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.

The views of GameDynamo's writers are not necessarily the views of the website as a whole. However, we support freedom of speech and enjoy diverse opinions about video games. Hopefully you do too!


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