The Nintendo 3DS won't be hitting store shelves this holiday-shopping season, the company said today.
The portable gaming device, which allows people to play games in 3D without 3D glasses, will instead go on sale in Japan on February 26. Nintendo plans to launch the 3DS in the U.S. and European markets in March.
Nintendo said it plans to sell the 3DS in Japan for $300. The company didn't say how much its device will retail for in the U.S. or Europe.
From a financial perspective, Nintendo's inability to ship the 3DS for this holiday-shopping season will be painful. Alongside its 3DS announcement today, the company was forced to reduce its annual profit forecast from $2.4 billion to $1 billion. It cited the strong yen and the 3DS launch date as reasons for the revised projection.
During this fiscal year, which ends in March 2011, Nintendo now expects to sell 23.5 million Nintendo DS units. That figure includes 4 million 3DS units. However, Nintendo initially expected to sell 30 million DS units during the year.
The DS has been a huge success for Nintendo over the years. The company has sold more 125 million DS devices since their 2004 launch.
(Via Associated Press)