Nintendo's 6-month income decline has been historically rare

Source: Internet
Author: User
Keywords Months
Tags .net data financial financial data hardware hardware and software net software
(Compilation/Sky White) water overflowing, this sentence used to describe Nintendo's straight down the financial data line is more appropriate.  Nintendo reported a total loss of 25 million dollars in the first half of the year, according to Nintendo's 2010 financial report. The 6 consecutive months of decline and net losses were in stark contrast to the same period in 2009, when Nintendo's profits amounted to an astonishing 850.04 million dollars.  Nintendo says the yen's appreciation of the dollar has fuelled the downward trend, but weak hardware and software sales are the culprits.  Overall sales were down 38% from the same period last year, with Wii sales down nearly 1 million, sales of DS-series handsets down 43%, and sales of gaming devices worldwide down 23%. One months ago, Nintendo made its fiscal forecasts for the year, showing that net earnings would be reduced by 60% compared with last year, largely because Nintendo's new generation of handheld 3DS would not be on the market this Christmas. Now, the fiscal forecasts remain unchanged, but Nintendo remains hopeful about next year's fiscal position.  In the first quarter of next year, Nintendo is expected to sell 4 million units of 3DS and 15 million games bundled with it. Some overseas editors point out that 6 consecutive months of declines and losses are rare in Nintendo's history, and it is clear that 3DS will assume responsibility for the turnaround. Also, according to the financial report, we can see that the Wii boom seems to be fading. (Edit/Ming)
Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.