Featured Articles

5th Generation Broadwell 14nm family comes in three lines

5th Generation Broadwell 14nm family comes in three lines

Intel's 5th Core processor family, codenamed Broadwell, will launch in three lines for the mobile segment. We are talking about upcoming…

More...
Broadwell Chromebooks coming in late Q1 2015

Broadwell Chromebooks coming in late Q1 2015

Google's Chromebook OS should be updating automatically every six weeks, but Intel doesn't come close with its hardware refresh schedule.

More...
New round of Nexus phone rumour kicks off

New round of Nexus phone rumour kicks off

Rumours involving upcoming Nexus devices are nothing uncommon, but this year there is a fair bit of confusion, especially on the…

More...
Nvidia officially launches the 8-inch Shield Tablet

Nvidia officially launches the 8-inch Shield Tablet

As expected and reported earlier, Nvidia has now officially announced its newest Shield device, the new 8-inch Shield Tablet. While the…

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Wednesday, 24 October 2012 10:18

Nintendo cuts operating loss in half

Written by Nedim Hadzic

nintendo grey

In a single year, against all odds

Although Nintendo’s 1H 2012 earnings report isn’t quite what we’ve come to expect from Nintendo, the signs are still positive enough, seeing as how the company cut its operating loss in half in a single year.

Nintendo hasn’t had the best of times with Wii and DS sales, quite expectedly as they’re nearing end of their life-cycle, but the company still managed to improve results. The company lost about $366 million from April to September, which, although obviously not great, is still a significant improvement over the loss of $718 million in the same period last year.

3DS initially suffered a slow start but now turned out to be a lifesaver as its sales were up 64.8 percent. This means sales totaled at 5.06 million units, 2.1 million of which are XL models.

The DS sold 970,000 units while the aged Wii managed 1.32 million. This makes for 62.4 and 60.6 percent drops, respectively, but such results were to be expected, especially in the latter case, what with the Wii U just around the corner.

With the launch of the Wii U, Nintendo expects sales of 5.5 million in 2H of the fiscal year. This may very well be the break the company was hoping for, but we’ll see soon enough whether they can keep up the momentum.

More here.

Last modified on Wednesday, 24 October 2012 13:27
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments