Nintendo’s Q1 has just finished and has shown they are on the road to recovery following their first every year with losses…
Nintendo’s first financial quater, which ended June 30th shows several encouraging figures. Net sales continued to drop from 93,298 million yen to 84,813 million yen, but operating losses also dropped 37,712 million yen to 10,331 million yen and Net losses dropped from 25,516 million yen to 17,231 million yen!
The 3DS managed to shift a further 1.86 million units and software rose to 7.39 million units following several long-tail releases such as Super Mario 3D World and Mario Kart 7. The original DS family sold another 0.54 million and Pokemon Black and White 2 helped push software sales to 8.48 million units. As for the Wii, the little white box that could sold through 0.71 million and Mario Party 9 helped push software sales to 8.47 million units.
“As of July 25, 2012, [Nintendo is] no longer selling Nintendo 3DS hardware below manufacturing costs.”
Nintendo’s hardware and software sales forecast for the current financial year continue to be the same.