The 3DS has become healthy and games are selling well, but Nintendo's still losing quite a bit of cash. The company recently increased its fiscal year-end expected losses from ¥20 billion to ¥65 billion.
From the beginning of the fiscal year up to December 31, Nintendo posted a loss of ¥48.35 billion, down from a ¥49.5 billion profit from last year. The strength of the yen has been partially blamed for the losses, although Nintendo has also said that the 3DS' slow start has had a significant effect.
Still, the 3DS has now shifted 15 million units worldwide, so maybe it'll start strong when the fiscal year begins again after March. Then we'll have to see what the Wii U does for the company (or to it).
Nintendo posts losses on strong yen and falling sales [BBC]
Jim Sterling serves as reviews editor for Destructoid.com, head of the Podtoid podcast, and produces a number of news stories, original features, one-of-a-kind videos. With his passionate argumentative style, controversial opinions, harsh delivery, and dedication to brutal honesty Sterling is a name that you can't help but recognize.
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No you ain't crazy. That spider thing be a fake spider thing. I think you hungry.
And Leon is getting laaaaarrrrrger!
15 million is the highest any nintendo system has ever sold in its first 10 months
When do thy make their big supply purchases? When do they pay contractors? When's the next big research expenditure? It may all be rosey, and hopefully it is, but it's not guaranteed and may just be corporate jockeying.
#toohipster
That or hookers and blow... would probably make cooler games if nintendo HQ had some more of that.
Nintendo added few other numbers and among those was ¥53.7 billion figure that covered entire exchange loss between Dollar/Euro and Yen due to strong Yen, and that's just for the last 9 months.
More interested in the header image then story. Please tell me what that creature is.
What IS it? What does it eat? Is it carnivorous, or an omnivore, or is it even a spider?
Goddamn nature is cool. We need a game that uses more of the weirder things in nature, like the fungi that drive ants mad and from their corpses spawn more fungi. Ants can detect that shit in their brethren so they carry them off and leave them to die on their own. You can't write this shit!
In the the merry, merry month of May
When I was caught by surprise
By a pair of googly eyes
When I was walking through the park one day, hooray!
If yen is the issue, then what Nintendo needs to do is find a way to appeal to American audiences the way they did with the DS and Wii. That would jump-start their profits.