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Nintendo’s quarterly numbers are out and the company managed to sell 3.06 million Wii U consoles worldwide during the holiday quarter, following the launch of the new console in November.

Combined sales of the Wii and Wii U were about 5.3 million units in the quarter — together coming up short of Microsoft’s Xbox 360, which sold 5.9 million units worldwide during the same time period.

[Editor’s Note: Combined Wii and Wii U number has been corrected since publication. The original number was incorrect due to an editing mistake.]

Nintendo has been pinning its hopes on the Wii U, and its tablet-style controller, to revive its previously booming console business.

The really bad news for Nintendo: Sales forecasts for the Wii U, Nintendo 3DS and DS were all reduced for the current quarter. This follows a previous reduction in October. Nintendo had expected to sell 5.5 million Wii U’s by March, on a cumulative basis, but now the company predicts the total number will be just 4 million.

Nintendo, which has its North American headquarters in Redmond, also reduced forecasts for its handheld devices, dropping expectations for the 3DS from 17.5 million units to 15 million, and for the DS from 2.5 million to 2.3 million.

President Satoru Iwata told Reuters earlier this month that the sales of the Wii U, which debuted Nov. 18, were “not bad.”

Nintendo did report $160 million in net income for the past nine months, which is certainly better than the $530 million loss posted by the company over the same period the previous year. Nintendo also predicted a larger year-end profit than it was expecting back in October, due to a weaker Yen.

Previously on GeekWire: Nintendo’s geeked-out ride: A look inside the tour van

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