informa
/
1 MIN READ
News

Nintendo Profits Rise As Sales Dip

Officials from Nintendo have released details of the company’s consolidated financial results for the six month period ended September 30. During this time, the company a...
Officials from Nintendo have released details of the company’s consolidated financial results for the six month period ended September 30. During this time, the company achieved net sales of ¥188 billion ($1.8bn), down 11.1 percent from the same period last year. However, the group operating profit rose from ¥28.77 billion ($280m) in 2003 to ¥40.01 billion ($389m) this year. The company has raised its predictions for the full year operating profit from ¥110 billion ($1.0bn) to ¥120 billion ($1.1bn). Sales are expected to be ¥540 billion ($5.2 billion) with net profit also increasing from ¥70 billion ($682m) to ¥90 billion ($877m). The company also raised its sales predictions for the Nintendo DS from 3.5 million to 5 million world-wide, and the Game Boy Advance from 14 million to 16 million. GameCube sales were revised downwards from 5 million to 4.5 million. Total lifetime sales for the Game Boy Advance were put at 58,130,000 units and the GameCube at 15,970,000. The former makes it the second best selling console of the current generation, behind the PlayStation 2’s user base of approximately 72 million consoles. Microsoft has not released new figures for the Xbox recently, but world-wide sales are thought to be within a million or so of the GameCube total.

Latest Jobs

Treyarch

Playa Vista, Los Angeles, CA, USA
9.12.23
Senior Level Designer (Zombies)

PlayStation Studios Creative Arts

Petaling Jaya, Selangor, Malaysia
9.14.23
Lead Concept Artist

Digital Extremes

Remote
9.27.23
Lead AI Programmer
More Jobs   

CONNECT WITH US

Explore the
Advertise with
Follow us

Game Developer Job Board

Game Developer

@gamedevdotcom

Explore the

Game Developer Job Board

Browse open positions across the game industry or recruit new talent for your studio

Browse
Advertise with

Game Developer

Engage game professionals and drive sales using an array of Game Developer media solutions to meet your objectives.

Learn More
Follow us

@gamedevdotcom

Follow us @gamedevdotcom to stay up-to-date with the latest news & insider information about events & more