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Activision 'somewhat disappointed' by Wii U launch sales

Publisher "concerned" about hardware's installed base with Skylanders audience

Activision CEO Bobby Kotick has said the publisher is "disappointed" with slower than expected Wii U sales.

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As reported by Seeking Alpha, the executive told analysts last night during a quarterly financial results briefing: "We were somewhat disappointed with the launch of the Wii U, and I think it's a challenging environment this year,"

"And one of the things we are concerned about is what the installed base of hardware will be like for 6- to 11-year-olds. But we have a lot of confidence in the franchise for the long-term. I think we're delivering another great product this year... but it's something we are concerned about."

Earlier this week Activision announced Skylanders: Swap Force, the next instalment in the hugely popular toy oriented gaming franchise that has generated revenues of approximately $1 billion since launching in October 2011.

Last month Nintendo lowered its annual Wii U sales forecast from 5.5 million units to four million. Following the move, company president Satoru Iwata was quick to flatly rule out the possibility of a Wii U price cut.

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