Nintendo Third-Quarter Financial Results

Essel Pratt On January 30, 2013 30.01.2013 with 1 Comments

The Rift

As posted below, Nintendo’s 2012 wasn’t exactly bringing in coin like Mario swimming in Scrooge McDuck’s money pool, but it did have a few victories along the way.

Nintendo’s third-quarter financial results are in, covering the first nine months of its fiscal year (through December 31st).  The 3DS hardware did see a sales increase (up 11% Year on year), and the software saw a significant increase (up 41% Year on year).  However, those sales increases were not enough to offset the loss experienced by the Wii and DS (hardware and software).  The company has returned to profibility, though, due primarily by foreign exchange currency exchange gains.

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Nintendo hopes that its highly anticipated release of titles, beginning in March, will drive the sales through 2014.

Through the first nine months of the fiscal year (period ending December 2013), Nintendo has shipped 21.45 Million hardware units and 126.57 Million software units worldwide!  The global sales are broken down below in millions of units and are categorized by Hardware/software as well as fiscal year units and lifetime units:

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As you can see, there is definitely a demand for Nintendo products worldwide.  With the upcoming release of some highly anticipated games, Nintendo is sure to continue meeting the demands of the fans throughout their next fiscal year.  However, what will happen throughout the remaining three months of this fiscal year?  Do you think Nintendo can continue to increase sales to remain profitable?  Do you think that just “meeting” the demands of the fans is good enough, or is it necessary to exceed demands?

Click here to view the Financial Highlights

 

Click here to view the Full Year Financial Forecast Modification

Essel Pratt

Essel Pratt

Essel Pratt has spent his life exploring his imagination and dreams. As a Husband and a Father, he doesn't have as much time to write as he would like. However, his mind is always plotting out his next story. Someday he hopes to quit the 9-5 grind and focus on writing full time. Currently, Essel has three published short stories and is working on a handful of novels. Essel focuses his writings on mostly Horror/Sci-Fi, however is known to add a dash of other genres into his writings as well. In his spare time, he can be found playing one of the 40+ video game consoles in his collection, especially his Wii U (NNID: EsselPratt). Click the links below to follow Essel's exploits in the writing world, and be sure to follow his blog at http://esselpratt.blogspot.com/ as well as his articles on Nerdzy.com.

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One Response to “Nintendo Third-Quarter Financial Results”

  1. BiKid99! says:

    http://www.change.org/petitions/konami-platinum-games-metal-gear-rising-revengeance-for-the-nintendo-wii-u We only have a few hundred signatures! We need all the help we can get!!!

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