The company, maker of the Donkey Kong and Super Mario brands, also said it expected to sell just 2.8 million units worldwide of the
Wii U, less than a third of it earlier prediction for 9.0 million consoles.
Nintendo's hopes for big holiday season demand to boost flagging sales were dashed, forcing it to chop forecasts as demand for the Wii's high-margin software slumped, it said.
"During the year-end shopping season, we weren't able to lift sales momentum for the Wii U," Nintendo President Satoru Iwata told a press briefing in Osaka.
Read more: Nintendo forecasts net loss, slashes Wii U sales target - World - New Straits Times
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