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Nintendo Losses Continue, But 3DS Now Profitable

Patrick Klepek
Commentary
What what seemed like a slam dunk for Nintendo has proved a difficult pivot for the company.

Nintendo will suffer a few days of rough headlines, as the company announced a quarterly loss of 17.23 billion yen ($220 million).

On the bright side? It’s less than Nintendo lost last year, and the 3DS is now apparently a profitable machine, as of today.

Nintendo has historically made money on each hardware unit sold, but with the drastic cost cutting actions taken last summer, Nintendo has been unable to rely on one of its financial constants.

The company sold 1.86 million 3DS units in the last quarter.

The next year will be extremely important to Nintendo, as the company moves toward the business of making money on the back of a profitable 3DS and the launch of the Wii U later this year.

Has it really been six years since the original Wii?