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July 31, 2013 07:41 am -04
Original Link: http://www.engadget.com/2013/07/31/nintendo-reports-quarterly-revenue-down/?utm_medium=feed&utm_source=Feed_Classic&utm_campaign=Engadget
Nintendo reports quarterly revenue down, 160,000 Wii U consoles sold
Nintendo has just revealed its consolidated results for the April-June quarter, and they show a significant 3.8 percent decline in sales compared to the same quarter last year -- despite (or perhaps because of) the release of the semi-next-gen Wii U. This console sold 160,000 units during the quarter, along with just over a million games, compared with 1.4 million 3DS consoles. On a positive note, the year-over-year fall in revenue was much smaller than the one Nintendo suffered in Q2 2012, and its operating loss was much smaller too -- just under five billion yen. Factoring in all the company's various sources of income, it still managed to make a net profit of 8.6 billion yen, or $88 million.
Source: Nintendo (PDF download)
Original Link: http://www.engadget.com/2013/07/31/nintendo-reports-quarterly-revenue-down/?utm_medium=feed&utm_source=Feed_Classic&utm_campaign=Engadget
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