Nintendo Financial Numbers Positive In October-December Quarter, Expects To Turn A Profit In Fiscal Year

By Matthew Buzzi , Updated Jan 28, 2015 11:53 AM EST

Nintendo has announced its financial results for last quarter, October to December 2014, and the trend continues to be positive for the Japanese developer.

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The company posted a 31.8 billion yen (roughly $270 million) operating income for the quarter, improving its total for the year to a profit of 31.6 billion yen. As of last quarter Nintendo was operating at a slight loss for the year, posting just an 8.9 billion yen profit for the July-September.

With the upturn provided by the holiday season and great software, Nintendo expects to finish the financial year with an operating profit of around 50 billion yen ($424 million). Big game launches such as Mario Kart 8, Hyrule Warriors, and Super Smash Bros for Wii U and for 3DS propelled the company's sales during the holiday quarter.

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Hardware numbers were helped too, though, with Nintendo selling 1.91 million Wii U consoles in the quarter, bringing the total to 9.2 million. This is actually a slight dip compared to October-December in 2013, when it sold 1.95 million. The 3DS took a fairly significant dip (though it's been out longer than the Wii U), selling 4.99 million units compared to 7.66 in the same period of 2013. As a whole, 3DS sales have moved past 50 million units.

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