Both Sony and Nintendo reported their financials today. And in a nutshell, things look good for Sony and not so good for big N. As we reported earlier this week, Sony returned to profitability in the second quarter of this year. But we now have confirmed numbers.
Sony reported a net profit of $290 million as of June 30 (it suffered from a $296 million loss in the same quarter last year), with sales rising 4% to $19.5 billion in that time frame.
The company sold:
Things don’t look as good over at Nintendo. After reporting a $480 million profit in the second quarter of 2009, big N has now to suffer from a $290 million loss. Sales fell over 25% to $2.16 billion.
The problem seems to be the portable gaming segment. Nintendo says it moved “just” 3.15 million DS units in the quarter, compared with 5.97 million a year earlier. The company sold 22.42 million games in that time frame, down from 29.01 million.