News Desk: Nintendo’s Financial Results a Mixed Bag

Operational losses but overall profit? Interesting.

By Mel Turnquist. Posted 01/30/2013 18:00 1 Comment     ShareThis

News Desk Masthead - Iwata

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

One Response to “News Desk: Nintendo’s Financial Results a Mixed Bag”

  • 1244 points
    lukas85 says...

    well at least they are profitable now, what nintendo needs is to release pokemon x and y and mario kart U in chistmass and cut down the wiiU price by 50 dolars .

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