Wednesday, January 29, 2014

Nintendo makes profit on 1.95 million Wii U sales, but predicts dire final quarter


Nintendo made an operating profit of ¥21.7 billion ($210 million) in its crucial fiscal third quarter as the Wii U picked up sales over the holiday shopping period. Net income was ¥9.6 billion ($93 million). The company sold 1.95 million Wii U systems between October and December, a major increase on the preceding two quarters, but a 36 percent decrease from a year ago when the console was first released. The 3DS portable continued to sell well, with 7.76 million sold in the quarter; Nintendo notes that it was the best-selling video games system in the US throughout 2013.


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