Latest in Gaming

Image credit:

Nintendo Q1 results: Wii sales cut in half since 2011, but 3DS sales more than double

Mat Smith, @thatmatsmith
July 25, 2012
Share
Tweet
Share

Sponsored Links

Nintendo's results for the latest quarter reveal growth in profit for the Japanese games maker. Gross profit totaled 24.9 billion yen -- more than double that made from last year's Q1. Operating income remains negative, but substantially reduced since last quarter's statement -- presumably due to strong 3DS sales. Today's results tie in with the launch of both the 3DS XL and Nintendo's first downloadable titles for the 3DS, with sales of the handheld reaching 1.86 million units during the last quarter. Conversely, sales of the Wii have tailed off, with only 710,000 units sold in Q1, down from 1.56 million sold in the same period last year. Fortunately, according to the press release, Nintendo still aims to launch its Wii successor by the end of this year.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Share
Tweet
Share

Popular on Engadget

Presenting the Best of CES 2021 winners!

Presenting the Best of CES 2021 winners!

View
ICYMI: More gadget highlights from CES 2021

ICYMI: More gadget highlights from CES 2021

View
Canon made a site that lets you 'take photos' from a real satellite

Canon made a site that lets you 'take photos' from a real satellite

View
Netflix buys Gal Gadot's spy thriller 'Heart of Stone'

Netflix buys Gal Gadot's spy thriller 'Heart of Stone'

View
Galaxy Buds Pro review: Samsung's best earbuds yet

Galaxy Buds Pro review: Samsung's best earbuds yet

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr