With discussion still focusing on whether the firm's latest handheld has any long term prospects, the release of Nintendo's half-year financial report for 2011 makes particularly grim reading.
Results for the six months ending in September reveal Nintendo made a ¥70 billion ($923 million) loss.
That compares unfavourably to the ¥2 billion ($26 million) posted during the same period in 2010.
Ninty numbers
Net sales hit a total of ¥216 billion ($ 2.8 billion) - a 40 percent decrease from the ¥363 billion ($4.7 billion the firm registered six months ending September 2010.
In terms of total assets, Nintendo now holds ¥1.4 billion ($18 million), down from ¥1.6 billion ($21 million) in the previous year.
In terms of hardware shipments, a total of 9 million units across DS, 3DS and Wii were shipped in the half year.
As a result, predictions for full year DS global shipments have been revised down 9 million to 6 million units, while Nintendo believes 3DS will hold strong at 16 million units for FY2011.
[source: Nintendo (PDF)]
News
When Matt was 7 years old he didn't write to Santa like the other little boys and girls. He wrote to Mario. When the rotund plumber replied, Matt's dedication to a life of gaming was established. Like an otaku David Carradine, he wandered the planet until becoming a writer at Pocket Gamer.
Related Articles
Top Stories
Feature
May 17th, 2024
New release roundup: The best new mobile games from a battle royale to a console classic remake
Feature
May 16th, 2024
Behind the scenes: How adding sandwich offers to an idle merge game boosted three metrics at once
Events
Valencia Indie Summit 2024 | Europe | May 16th |
Digital Dragons | Europe | May 19th |
GamesBeat Summit 2024 | North America | May 20th |
Mobidictum Meetup Tallinn May 2024 | Europe | May 21st |
Nordic Game Spring 2024 | Nordic | May 21st |
Impact 2024 - Indie Games | May 23rd | |
MomoCon 2024 | North America | May 24th |
Morocco Gaming Expo | Africa | May 24th |
Popular Stories
Feature
May 14th, 2024
53 top mobile games in soft launch: Squad Busters, Battle Guys: Royale, Plants vs. Zombies 3, LEGO Hill Climb Adventures, and more
Feature
May 13th, 2024
Hot Five: Dubai's new Gaming Visa, April's mobile game charts, and Xbox studio closures
Feature
May 14th, 2024