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http://www.bbc.co.uk/news/business-33701258
"Japanese video game giant Nintendo beat expectations to swing to a net profit in its fiscal first quarter of this year.
Its net profit was 8.28bn yen ($67m; £43m) in the three months to June as sales in the quarter rose over 20%.
That compares to a net loss of 9.9bn yen in the same period a year ago.
The company's earnings were boosted by the double digit rise in sales on new game releases such as Splatoon for its Wii U console and a weaker yen."
This is pretty good news to me as Im quite a Nintendo fan and still think they deserve a place in the market. Amiibos have been massively successful for them it seems.
When you consider Sony profits http://www.wsj.com/articles/sony-profit-surges-in-first-quarter-1438236740 , Nintendo do very well for a company with purely game related products and merchandise.
"Japanese video game giant Nintendo beat expectations to swing to a net profit in its fiscal first quarter of this year.
Its net profit was 8.28bn yen ($67m; £43m) in the three months to June as sales in the quarter rose over 20%.
That compares to a net loss of 9.9bn yen in the same period a year ago.
The company's earnings were boosted by the double digit rise in sales on new game releases such as Splatoon for its Wii U console and a weaker yen."
This is pretty good news to me as Im quite a Nintendo fan and still think they deserve a place in the market. Amiibos have been massively successful for them it seems.
When you consider Sony profits http://www.wsj.com/articles/sony-profit-surges-in-first-quarter-1438236740 , Nintendo do very well for a company with purely game related products and merchandise.