Nintendo posted a net profit of 49.56 billion yen ($603 million) in the nine months last year, a 74% drop from 192.6 billion yen in the same period of 2009, and was lower than the average of 66.7 billion yen expected by Bloomberg’s eight analysts.
Nintendo’s total revenue for the nine-month period was 808 billion yen, a decrease of 32% year-on-year. Its operating profit was 158.8 billion yen, a year-on-year decrease of 47%. Both figures were also lower than analysts’ previous revenue of 823.1 billion yen, and 190 billion days. Expected operating profit.
The past year may be Nintendo's lowest profit in the past six years. Japanese game giants also lowered their sales of Wii and DS by 8.6% and 4.3%, respectively. The new generation of naked eye 3DS handhelds, which will be available next month, are capable. Help heaven to reverse the situation.
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