Nintendo has released its earnings for the first half of 2012, and there’s good and bad news. While the company lost 29.2 billion yen ($366 million) from April to September, the flow of money out of the company has been stemmed somewhat; last year’s equivalent figure was a loss of 57.3 billion yen ($718 million). Overall Nintendo’s total assets actually increased 2.85% over the course of the past six months.
Nintendo halves operating loss from a year ago despite falling Wii and DS sales
Over 5 million 3DS consoles moved ahead of Wii U launch
Over 5 million 3DS consoles moved ahead of Wii U launch
Sales continued to fall almost across the board, however. The DS and Wii, both coming towards the end of their life cycles, sold 970,000 and 1.32 million units respectively — drops of 62.4 percent and 60.6 percent. The 3DS, on the other hand, was the one bright spot; sales were up 64.8 percent for a total of 5.06 million units, of which 2.1 million were the newer (and more expensive) XL model.
Nintendo expects to get a further boost from the launch of the Wii U next month, forecasting sales of 5.5 million units in the second half of its fiscal year. With the 3DS performing well, the company will be hoping for a smooth transition into the next generation.
Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.
Most Popular
Most Popular
- Now Google says it might use your Gmail and Google Photos data to target ads
- Tesla driver using Full Self-Driving struck and killed a man crossing I-80
- The first broken iPhone Duos are here
- People are vibe coding their way to better TVs
- Trump says Sundar Pichai talked him out of renaming the Atlantic Ocean
