Nintendo posts US$9m profit on sales of 470,000 Wii consoles

29 Jul 2015

Strong sales of consoles and popular games titles like Splatoon have resulted in Nintendo's best financial quarter since 2012.

Iconic Japanese games console maker Nintendo has reported first quarter sales of 90 billion yen (US$727m) and an operating profit of 1.1bn yen (US$9.3m).

This is the company’s best quarter since 2012, and operating profits surpassed Wall Street estimates. Analysts had been expecting losses in line with a year ago, when Nintendo reported operating losses of 9.4bn yen.

Nintendo sold 470,000 Wii consoles over the last three months, down from 510,000 a year ago.

Software sales, including games like Splatoon, reached 1.62m copies.

Nintendo’s 3DS device achieved sales of 1.1m units, up 23pc on last year.

Earlier this month, the president and CEO of Nintendo, Satoru Iwata, passed away following a battle with cancer.

Nintendo image, via Shutterstock

John Kennedy is a journalist who served as editor of Silicon Republic for 17 years