Tech content trusted by users in North America and around the world
7,296 Reviews & Articles | 53,187 News Posts

Nintendo shocks with big profit turnaround with stronger Wii U sales

Nintendo's financial announcement was shocking, with a $132 million net profit from the July-September fiscal quarter
By: Michael Hatamoto | Gaming Consoles News | Posted: Oct 29, 2014 8:32 pm

Gaming company Nintendo managed to generate $132 million profit during the first six months of its fiscal year, which puts the company on track for its first annual profit since 2010. Also offering a bit of surprise, the Wii U game unit doubled sales year-over-year up to 1.1 million units, with a strong boost from the Mario Kart 8 release in May.

 

nintendo_shocks_with_big_profit_turnaround_with_stronger_wii_u_sales_01

 

Of course, the Wii U only sold 460,000 units worldwide during the same period last year, so while 1.1 million is significantly better, Nintendo is still currently in the fight of its life.

 

Much of the gaming world is focused on the Microsoft Xbox One and Sony PlayStation 4 game consoles, Nintendo has quietly increased sales of the Wii U.

NEWS SOURCES:Gamespot.com, Media.edge-online.com

Related Tags

Got an opinion on this news? Post a comment below!
Subscribe to our Newsletter

Latest News Posts

View More News Posts
View Our Latest Videos

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases
loading