Nintendo Pulls Out Of Financial Dive, Legacy Console Sales Slow

John Biggs

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Wednesday, October 24th, 2012
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Nintendo has stemmed operating loss slightly in the April-September quarter, the total falling from $718 million to $366 million. Console sales fell about 60 percent with DS sales of 970,000 and Wii sales hitting 1.32 million.

The 3DS rose nearly 65%, however, with sales of 5 million units, including 2.1 million 3DS XLs.

Nintendo noted that a number of titles, including New Super Mario Bros. 2 and Mario Kart 7, buoyed 3DS revenue considerably. Nintendo and its partners sold 19.03 million games for the 3DS, which suggests a great deal of interest and support in the platform.

You can read the complete earnings report here. The stock closed at 16.14 today.