Nintendo profits down amid dreary DS sales
| November 2, 2009 | Posted by Alyssa Duval under Electronics, Nintendo, Tech News |
We’ve obviously gone through the rabbit hole: Motorola’s income reaches positive figures while Nintendo turn around and report slashed profits. After a healthy last quarter, the Japanese gaming giant has announced a drop in interim net profits from 144.83 billion yen this time last year to just 69.49 billion yen this past six months, with a 43-percent drop in Wii sales.
In fact the company only sold 5.75m Wii consoles, while handheld console sales also fell by 15-percent despite the launch of the DSi in Europe and the US. Nintendo have tweaked their financial year-end predictions to more conservative figures, suggesting 1.5 trillion yen sales and an overall net profit of 230 billion yen come March 2010.
