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.

Published Wed, Oct 29 2014 3:32 PM CDT   |   Updated Tue, Nov 3 2020 12:13 PM CST

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 | TweakTown.com

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.

An experienced tech journalist and marketing specialist, Michael joins TweakTown looking to cover everything from consumer electronics to enterprise cloud technology. A former Staff Writer at DailyTech, Michael is now the West Coast News Editor and will contribute news stories on a daily basis. In addition to contributing here, Michael also runs his own tech blog, AlamedaTech.com, while he looks to remain busy in the tech world.

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