Nintendo Financial Numbers Positive In October-December Quarter, Expects To Turn A Profit In Fiscal Year
Nintendo has announced its financial results for last quarter, October to December 2014, and the trend continues to be positive for the Japanese developer.
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.
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.