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
News
May 31st, 2024
Week in Views - Squad Busters goes global, broken app stores, and Hill Climb Racing gets the LEGO treatment
News
May 31st, 2024
Mobile Movers: All the latest appointments and job moves from around the industry
Events
Indie Game Fest & Indie Campus 2024 | Europe | May 31st |
Indie Craft K-Game Festival 2024 | Europe | May 31st |
BostonFig Online 2024 | Jun 1st | |
GameSummit Summer 2024 | Jun 1st | |
Gotland Game Conference 2024 | Nordic | Jun 3rd |
Games Mental Health Summit 2024 | Europe | Jun 3rd |
Dev Play Conference 2024 | Europe | Jun 3rd |
Tribeca Games Festival 2024 | North America | Jun 5th |