It has been a bit of a mixed bag for Nintendo for the past nine months. Its quarterly financial results, which was released today, shows that while the company has brought on operational losses, it has at least brought on an overall profit.
Compared to last year, there has been an operational loss of an equivalent to $64 million. There has been a 2.4% drop in net sales as well, compared to the previous year. This may spell out doom to most folks, but there is a reason for optimism when you look at the estimated net income.
The estimated net income is along the lines of $150 million, when converted into USD. That amount means that the company is actually projected to make a profit. It’s hard to believe but the combination of exchange rates and other areas of finances, it’s true. And it doesn’t even matter that there’s a loss.
Source: Nintendo Life